Arrowpoint Investment Partners Singapore Pte. Ltd. Makes New $2.29 Million Investment in AST SpaceMobile, Inc. $ASTS

Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in AST SpaceMobile, Inc. (NASDAQ:ASTS) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 31,523 shares of the company’s stock, valued at approximately $2,290,000. AST SpaceMobile makes up approximately 0.3% of Arrowpoint Investment Partners Singapore Pte. Ltd.’s holdings, making the stock its 26th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Oppenheimer & Co. Inc. increased its stake in AST SpaceMobile by 48.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company’s stock valued at $26,158,000 after purchasing an additional 172,759 shares in the last quarter. KPP Advisory Services LLC acquired a new stake in AST SpaceMobile in the fourth quarter valued at $1,649,000. M&T Bank Corp grew its holdings in AST SpaceMobile by 1,062.9% in the fourth quarter. M&T Bank Corp now owns 77,994 shares of the company’s stock valued at $5,665,000 after purchasing an additional 71,287 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of AST SpaceMobile by 28.0% in the third quarter. Jones Financial Companies Lllp now owns 31,580 shares of the company’s stock valued at $1,550,000 after buying an additional 6,901 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of AST SpaceMobile by 26.2% during the 4th quarter. Legal & General Group Plc now owns 232,436 shares of the company’s stock worth $16,882,000 after buying an additional 48,318 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

AST SpaceMobile News Roundup

Here are the key news stories impacting AST SpaceMobile this week:

• Positive Sentiment: AST SpaceMobile’s reaffirmed 2026 guidance and progress on the BlueBird launch plan are supporting the bullish case that the company remains on track to scale its direct-to-device satellite network. AST SpaceMobile (ASTS) Valuation Check After Reaffirmed 2026 Guidance And BlueBird Launch Progress
• Positive Sentiment: Investor sentiment toward space stocks has improved more broadly, with the sector rallying after Redwire’s contract news and renewed enthusiasm tied to SpaceX’s IPO roadshow, which can provide a sympathy lift to ASTS. Redwire Has a Contract to Grow Strawberries in Space—and Space Stocks Are Soaring Yet Again
• Positive Sentiment: Top executives disclosed substantial shareholdings, which investors may view as a vote of confidence in AST SpaceMobile’s execution and long-term prospects. ASTS Stock Snaps 2-Day Losing Streak: Top Execs Hold Shares In Vote Of Confidence Amid Space Race Turbulence
• Neutral Sentiment: Coverage reiterates AST SpaceMobile as one of the more compelling space stocks to watch, but this is more of a sentiment backdrop than a fresh company-specific catalyst. Are You Waiting for the SpaceX IPO? Check Out These 3 Space Stocks Instead.
• Neutral Sentiment: AST SpaceMobile’s strong recent share performance has made valuation a bigger focus, which can create short-term volatility even if the launch story remains intact. AST SpaceMobile Trading Down 0.4%
• Negative Sentiment: Analysts highlighted competitive pressure from Starlink and broader macro risks, along with falling estimates, which are weighing on sentiment despite the upcoming BlueBird launch. ASTS Plagued by Competitive Pressure, Macro Risks: Time to Rethink?

Insider Activity

In other AST SpaceMobile news, CFO Andrew Martin Johnson sold 5,000 shares of AST SpaceMobile stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $90.25, for a total value of $451,250.00. Following the completion of the sale, the chief financial officer directly owned 565,805 shares of the company’s stock, valued at approximately $51,063,901.25. The trade was a 0.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Hiroshi Mikitani sold 1,350,000 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $86.22, for a total value of $116,397,000.00. Following the completion of the transaction, the insider owned 27,980,155 shares of the company’s stock, valued at $2,412,448,964.10. This trade represents a 4.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,100,000 shares of company stock worth $276,048,350 in the last three months. 20.89% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ASTS shares. William Blair reissued a “market perform” rating on shares of AST SpaceMobile in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft cut shares of AST SpaceMobile from a “buy” rating to a “hold” rating and cut their target price for the stock from $117.00 to $106.00 in a research report on Friday, May 29th. Barclays increased their price target on shares of AST SpaceMobile from $60.00 to $65.00 and gave the company an “underweight” rating in a research report on Thursday, April 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Friday, March 27th. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $108.00 target price on shares of AST SpaceMobile in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $81.33.

AST SpaceMobile Price Performance

NASDAQ:ASTS opened at $107.29 on Friday. The firm has a market cap of $41.64 billion, a price-to-earnings ratio of -60.28 and a beta of 2.70. The company has a current ratio of 18.47, a quick ratio of 18.37 and a debt-to-equity ratio of 1.11. The company’s 50-day moving average is $89.65 and its two-hundred day moving average is $86.66. AST SpaceMobile, Inc. has a 12-month low of $27.72 and a 12-month high of $133.86.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). The firm had revenue of $14.74 million for the quarter, compared to analysts’ expectations of $39.01 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The business’s quarterly revenue was up 1952.2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.20) earnings per share. Research analysts expect that AST SpaceMobile, Inc. will post -1.47 EPS for the current year.

AST SpaceMobile Profile

AST SpaceMobile is a U.S.-based aerospace company developing a space-based cellular broadband network designed to connect standard mobile phones and other devices directly to satellites. The company’s core proposition is “space-to-cell” service: operating a constellation of low-Earth-orbit (LEO) satellites equipped with large, high-power phased-array antennas to provide wide-area mobile broadband without requiring users to buy specialized terminals or handset modifications.

AST SpaceMobile designs, builds and operates satellite payloads and supporting ground infrastructure.