AST SpaceMobile (NASDAQ:ASTS) CTO Sells $3,555,200.00 in Stock

AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) CTO Huiwen Yao sold 40,000 shares of the company's stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $88.88, for a total value of $3,555,200.00. Following the transaction, the chief technology officer directly owned 4,750 shares of the company's stock, valued at $422,180. This trade represents a 89.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

AST SpaceMobile Stock Up 10.4%

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

Shares of AST SpaceMobile stock opened at $96.06 on Thursday. The stock has a market capitalization of $36.70 billion, a price-to-earnings ratio of -72.77 and a beta of 2.77. AST SpaceMobile, Inc. has a twelve month low of $18.22 and a twelve month high of $129.89. The company has a current ratio of 16.35, a quick ratio of 16.27 and a debt-to-equity ratio of 0.92. The business's 50 day simple moving average is $95.99 and its 200-day simple moving average is $78.04.

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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) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.18) by ($0.08). The company had revenue of $54.31 million for the quarter, compared to analyst estimates of $39.53 million. AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. The business's quarterly revenue was up 2731.3% on a year-over-year basis. Equities research analysts forecast that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current year.

Institutional Inflows and Outflows

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

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of AST SpaceMobile by 7.9% during the fourth quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company's stock valued at $1,560,687,000 after purchasing an additional 1,568,292 shares in the last quarter. Vodafone Ventures Ltd bought a new position in AST SpaceMobile in the 4th quarter valued at about $397,413,000. Morgan Stanley increased its stake in AST SpaceMobile by 44.0% during the 4th quarter. Morgan Stanley now owns 4,661,551 shares of the company's stock valued at $338,569,000 after buying an additional 1,425,199 shares during the period. Geode Capital Management LLC increased its stake in AST SpaceMobile by 9.8% during the 4th quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company's stock valued at $328,749,000 after buying an additional 402,505 shares during the period. Finally, State Street Corp raised its position in shares of AST SpaceMobile by 9.7% during the 4th quarter. State Street Corp now owns 3,951,685 shares of the company's stock worth $287,011,000 after buying an additional 350,690 shares in the last quarter. 60.95% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ASTS has been the subject of several recent research reports. UBS Group upped their price target on shares of AST SpaceMobile from $43.00 to $85.00 and gave the stock a "neutral" rating in a research report on Wednesday, March 4th. Zacks Research upgraded shares of AST SpaceMobile from a "strong sell" rating to a "hold" rating in a research report on Wednesday, March 4th. Weiss Ratings reissued a "sell (d-)" rating on shares of AST SpaceMobile in a research note on Monday, December 29th. B. Riley Financial decreased their target price on shares of AST SpaceMobile from $105.00 to $95.00 and set a "neutral" rating for the company in a research report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. 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. Based on data from MarketBeat, AST SpaceMobile has a consensus rating of "Reduce" and a consensus target price of $63.77.

• AST SpaceMobile Jumps 9% After Government Contract Announcement

Get Our Latest Report on ASTS

AST SpaceMobile News Summary

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

• Positive Sentiment: Broader market catalyst — reports that SpaceX could file for a large IPO this week sparked a rally across "space" names, lifting demand for satellite and launch peers including ASTS. Space stocks rally on reports of SpaceX's imminent IPO filing
• Positive Sentiment: Company program progress — ASTS used its SATELLITE conference to refine the BlueBird rollout timeline, highlight more than 50 mobile-operator partnerships, and give updated launch/timing context, which supports the narrative that BlueBird launches (BlueBird‑7 next) could be near-term commercial catalysts. AST SpaceMobile Conference Update Refines BlueBird Rollout And Valuation Debate
• Positive Sentiment: Upcoming launch as a catalyst — analysts and outlets point to the BlueBird‑7 launch as a potential growth driver that could validate ASTS's direct-to-device business if successful. ASTS Gearing Up for BlueBird 7 Launch: Can it Drive its Growth Engine?
• Neutral Sentiment: Trading/technical context — some analysts note short-term volatility: ASTS recently pulled back from a brief breakout near $100 and is trading with elevated volume; that can amplify intraday moves but doesn't change the longer-term execution risk. Satellite Stock Could Soon Enjoy an Almost 20% Pop
• Negative Sentiment: Insider selling — CTO Huiwen Yao sold 40,000 shares on March 23 for roughly $3.56M, cutting his stake substantially; while insider sales can be routine, large disposals may give some investors pause. Huiwen Yao insider sale
• Negative Sentiment: Valuation and execution risk — several commentaries warn ASTS may be priced for perfection: the company has shown huge revenue growth but recently missed EPS estimates and carries substantial negative margins; that raises downside risk if launches, network deployment, or operator monetization are delayed. 2 High-Flying Space Stocks Are Expected to Plunge Up to 56% in 2026, According to Select Wall Street Analysts

About AST SpaceMobile

(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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