Nykredit A S Invests $7.18 Million in AST SpaceMobile, Inc. $ASTS

Nykredit A S bought a new position in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 80,764 shares of the company’s stock, valued at approximately $7,177,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Calton & Associates Inc. raised its holdings in AST SpaceMobile by 0.8% during the fourth quarter. Calton & Associates Inc. now owns 13,579 shares of the company’s stock worth $986,000 after purchasing an additional 104 shares in the last quarter. Atlantic Union Bankshares Corp boosted its holdings in shares of AST SpaceMobile by 18.2% in the 4th quarter. Atlantic Union Bankshares Corp now owns 923 shares of the company’s stock valued at $67,000 after buying an additional 142 shares in the last quarter. Larson Financial Group LLC boosted its holdings in shares of AST SpaceMobile by 39.0% in the 4th quarter. Larson Financial Group LLC now owns 513 shares of the company’s stock valued at $37,000 after buying an additional 144 shares in the last quarter. Capital Advisors Ltd. LLC grew its position in shares of AST SpaceMobile by 6.6% in the 1st quarter. Capital Advisors Ltd. LLC now owns 2,638 shares of the company’s stock valued at $219,000 after buying an additional 164 shares during the last quarter. Finally, Hollencrest Capital Management grew its position in shares of AST SpaceMobile by 11.7% in the 1st quarter. Hollencrest Capital Management now owns 1,592 shares of the company’s stock valued at $132,000 after buying an additional 167 shares during the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Adriana Cisneros purchased 10,822 shares of AST SpaceMobile stock in a transaction dated Monday, August 31st. The stock was bought at an average cost of $57.22 per share, for a total transaction of $619,234.84. Following the transaction, the director owned 797,023 shares in the company, valued at approximately $45,605,656.06. The trade was a 1.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Andrew Johnson sold 45,809 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $93.81, for a total value of $4,297,342.29. Following the sale, the chief financial officer directly owned 503,619 shares in the company, valued at $47,244,498.39. This trade represents a 8.34% decrease in their position. The SEC filing for this sale provides additional information. 20.89% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. UBS Group started coverage on AST SpaceMobile in a report on Wednesday. They set a “buy” rating on the stock. New Street Research set a $106.00 target price on AST SpaceMobile in a report on Friday, May 29th. William Blair restated a “market perform” rating on shares of AST SpaceMobile in a research note on Friday, May 29th. B. Riley Financial upgraded AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price objective for the company in a research note on Friday, July 17th. Finally, Scotiabank raised AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price objective for the company in a report on Wednesday, July 29th. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $86.58.

Key Headlines Impacting AST SpaceMobile

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

• Positive Sentiment: Berenberg initiated coverage with a Buy rating and a $92 price target, implying substantial upside from recent levels. The firm’s bullish view helped drive a sharp rebound in ASTS and reflects confidence in the company’s direct-to-smartphone satellite network and long-term commercial opportunity. AST SpaceMobile Stock Soared 12%—This Was the Catalyst
• Positive Sentiment: Insider buying and additional commentary pointing to significant analyst upside have reinforced the bullish case. AST SpaceMobile’s planned network could connect ordinary smartphones directly to satellites without specialized hardware, offering a potentially large addressable market. AST SpaceMobile Trading Up Following Insider Buying Activity
• Positive Sentiment: The broader space-stock sector is receiving increased investor attention after a major NASA contract awarded to Blue Origin. Berenberg’s positive coverage of AST SpaceMobile and other space companies may improve sentiment toward the commercial space industry. Defying Gravity: Space Stocks Reach Escape Velocity
• Neutral Sentiment: Investors are comparing AST SpaceMobile’s developing direct-to-device cellular network with SpaceX’s more established launch business and Starlink broadband service. The comparison highlights ASTS’s potentially differentiated technology, but also its earlier stage and higher execution risk. AST SpaceMobile vs. Space Exploration Technologies
• Negative Sentiment: AST SpaceMobile delayed its target for having 45 BlueBird satellites in orbit from late 2026 to early 2027. The postponement could delay commercial service and the company’s ambitious revenue objectives, despite analysts viewing the milestone as achievable. AST SpaceMobile Moved Its Commercial Launch Target to 2027
• Negative Sentiment: A securities law firm is investigating potential violations on behalf of investors who suffered losses. While the notice does not establish wrongdoing, it adds headline and litigation risk. Investors also remain concerned about cash burn, potential dilution, regulatory hurdles, and ASTS’s previous earnings shortfall. AST SpaceMobile Investigation Alert

AST SpaceMobile Stock Performance

Shares of ASTS opened at $62.31 on Friday. The company has a 50-day simple moving average of $67.01 and a 200-day simple moving average of $80.54. The company has a quick ratio of 12.90, a current ratio of 13.05 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $24.25 billion, a PE ratio of -29.12 and a beta of 2.74. AST SpaceMobile, Inc. has a 52-week low of $36.08 and a 52-week high of $133.86.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings data on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.45). AST SpaceMobile had a negative net margin of 536.66% and a negative return on equity of 22.88%. The company had revenue of $31.52 million during the quarter, compared to analyst estimates of $34.53 million. During the same quarter last year, the business earned ($0.41) EPS. Equities research analysts predict that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current fiscal year.

AST SpaceMobile Company 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.