Insider Selling: AST SpaceMobile (NASDAQ:ASTS) President Sells 47,000 Shares of Stock

AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) President Scott Wisniewski sold 47,000 shares of the firm's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $94.75, for a total transaction of $4,453,250.00. Following the completion of the transaction, the president directly owned 666,681 shares of the company's stock, valued at approximately $63,168,024.75. This trade represents a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

AST SpaceMobile Price Performance

• MarketBeat Week in Review – 03/02 - 03/06

AST SpaceMobile stock opened at $90.74 on Thursday. The company has a market cap of $33.30 billion, a price-to-earnings ratio of -68.74 and a beta of 2.77. The firm's fifty day moving average is $96.37 and its 200 day moving average is $76.45. The company has a quick ratio of 16.27, a current ratio of 16.35 and a debt-to-equity ratio of 0.92. AST SpaceMobile, Inc. has a 52-week low of $18.22 and a 52-week high of $129.89.

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AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.08). AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. The business had revenue of $54.31 million for the quarter, compared to the consensus estimate of $39.53 million. The company's quarterly revenue was up 2731.3% compared to the same quarter last year. Sell-side analysts forecast that AST SpaceMobile, Inc. will post -0.4 EPS for the current fiscal year.

AST SpaceMobile News Roundup

• AST SpaceMobile Reports Big Revenue Beat as It Continues to Scale

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

• Positive Sentiment: Seeking Alpha upgraded ASTS to a Buy, calling 2026 a "game‑changing year" if planned satellite launches succeed; the note highlights a $1.2B contracted backlog and argues successful launches would validate the business model and unlock long‑term revenue. This Is A Game Changing Year (Rating Upgrade)
• Neutral Sentiment: Zacks ran a piece summarizing today's bigger decline vs. the broader market — useful for context on intraday drivers and how analysts/coverage are framing the drop. Why AST SpaceMobile Dipped More Than Broader Market Today
• Neutral Sentiment: Reported short‑interest data for mid‑March is inconsistent/zero in the feeds (shows 0 shares and NaN changes), which creates uncertainty but does not point to a clear short squeeze or heavy short pressure at this time.
• Negative Sentiment: Two comparison pieces (Zacks and Yahoo Finance) conclude Viasat (VSAT) looks like the stronger satellite‑communications pick on valuation, growth stability and recent performance — that relative‑value framing can pressure ASTS as investors rotate to cheaper or more mature peers. ASTS vs. VSAT: Which Satellite Stock is the Better Buy Today?
• Negative Sentiment: Company president Scott Wisniewski sold 47,000 shares (~$4.45M at the reported price), reducing his holdings by ~6.6%; insider sales often trigger investor caution even if they are routine or pre‑planned. SEC filing: Insider Sale SEC Filing

Hedge Funds Weigh In On AST SpaceMobile

Large investors have recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its holdings in shares of AST SpaceMobile by 48.0% in the third quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company's stock worth $26,158,000 after buying an additional 172,759 shares during the period. State Board of Administration of Florida Retirement System lifted its stake in shares of AST SpaceMobile by 342.2% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 132,087 shares of the company's stock worth $6,172,000 after acquiring an additional 102,217 shares during the last quarter. Yarbrough Capital LLC boosted its holdings in AST SpaceMobile by 28.0% during the 3rd quarter. Yarbrough Capital LLC now owns 99,372 shares of the company's stock valued at $4,877,000 after acquiring an additional 21,739 shares during the period. Mutual Advisors LLC purchased a new position in AST SpaceMobile during the 3rd quarter valued at $1,882,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its position in AST SpaceMobile by 28.5% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 27,500 shares of the company's stock valued at $1,350,000 after acquiring an additional 6,100 shares during the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

• AST SpaceMobile Jumps 9% After Government Contract Announcement

Several research analysts recently commented on ASTS shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of AST SpaceMobile in a research report on Tuesday, January 20th. Scotiabank lowered AST SpaceMobile from a "sector perform" rating to a "sector underperform" rating and set a $45.60 price objective for the company. in a research note on Wednesday, January 7th. Weiss Ratings reiterated a "sell (d-)" rating on shares of AST SpaceMobile in a report on Monday, December 29th. UBS Group boosted their target price on AST SpaceMobile from $43.00 to $85.00 and gave the company a "neutral" rating in a research report on Wednesday, March 4th. Finally, B. Riley Financial decreased their price target on AST SpaceMobile from $105.00 to $95.00 and set a "neutral" rating on the stock in a report on Friday, February 13th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $63.77.

Check Out Our Latest Analysis on ASTS

AST SpaceMobile Company Profile

(Get Free Report)

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.

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