Key Points
- Director Adriana Cisneros bought 10,822 ASTS shares for approximately $619,235 at an average price of $57.22, increasing her holdings by 1.38% to 797,023 shares.
- AST SpaceMobile reported a quarterly loss of $0.77 per share, missing the consensus estimate of a $0.32 loss, while revenue of $31.52 million also fell short of expectations.
- Analyst sentiment is mixed, with five Buy, five Hold and two Sell ratings; the consensus rating is Hold with an average price target of $85.98.
AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) Director Adriana Cisneros bought 10,822 shares of the stock in a transaction on Monday, August 31st. The shares were bought at an average cost of $57.22 per share, with a total value of $619,234.84. Following the purchase, the director owned 797,023 shares of the company's stock, valued at $45,605,656.06. This trade represents a 1.38% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
AST SpaceMobile Price Performance
AST SpaceMobile stock opened at $55.80 on Wednesday. The company's 50 day simple moving average is $67.38 and its 200-day simple moving average is $80.96. The company has a market capitalization of $21.72 billion, a price-to-earnings ratio of -26.07 and a beta of 2.74. AST SpaceMobile, Inc. has a 1 year low of $36.08 and a 1 year high of $133.86. The company has a debt-to-equity ratio of 1.24, a quick ratio of 12.90 and a current ratio of 13.05.
AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing analysts' consensus estimates of ($0.32) by ($0.45). AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.The firm had revenue of $31.52 million for the quarter, compared to analyst estimates of $34.53 million. During the same quarter last year, the company earned ($0.41) earnings per share. As a group, equities research analysts expect that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current year.
Institutional Trading of AST SpaceMobile
Several institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC boosted its stake in AST SpaceMobile by 11.8% during the 1st quarter. AQR Capital Management LLC now owns 34,548 shares of the company's stock worth $786,000 after purchasing an additional 3,642 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in AST SpaceMobile by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,764 shares of the company's stock valued at $1,814,000 after purchasing an additional 3,515 shares during the period. Millennium Management LLC raised its holdings in shares of AST SpaceMobile by 16.1% in the first quarter. Millennium Management LLC now owns 467,626 shares of the company's stock valued at $10,634,000 after buying an additional 64,989 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of AST SpaceMobile by 18.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 325,621 shares of the company's stock valued at $7,405,000 after buying an additional 49,811 shares during the last quarter. Finally, Strs Ohio acquired a new stake in shares of AST SpaceMobile during the first quarter worth about $168,000. Hedge funds and other institutional investors own 60.95% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on ASTS shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of AST SpaceMobile in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft set a $93.00 price target on shares of AST SpaceMobile in a report on Wednesday, August 12th. Cantor Fitzgerald increased their target price on AST SpaceMobile from $80.00 to $90.00 and gave the company an "overweight" rating in a report on Tuesday, August 11th. UBS Group began coverage on shares of AST SpaceMobile in a research note on Wednesday. They issued a "buy" rating on the stock. Finally, B. Riley Financial raised AST SpaceMobile from a "neutral" rating to a "buy" rating and set a $85.00 price objective on the stock in a report on Friday, July 17th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $85.98.
Read Our Latest Report on AST SpaceMobile
AST SpaceMobile News Summary
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: Director Adriana Cisneros purchased 10,822 ASTS shares for approximately $619,235 at an average price of $57.22, increasing her holdings by 1.38% to 797,023 shares. The open-market purchase may signal confidence in the company’s long-term prospects. SEC insider transaction filing
- Positive Sentiment: Japan’s Radio Regulatory Council endorsed a proposed 700 MHz framework for Rakuten and AST SpaceMobile’s direct-to-smartphone network. Final regulations could strengthen ASTS’s international commercial opportunity and competitive position against SpaceX. Japan backs Rakuten-ASTS network
- Positive Sentiment: An investment analysis maintained a bullish long-term view, citing potential multibillion-dollar annual revenue across defense, business-to-business, Internet of Things and other markets. The analysis estimated fair value of $165 per share and a 2030 target range of $315 to $551, although those estimates carry execution risk. AST SpaceMobile Q2 analysis
- Neutral Sentiment: ASTS is expected to pursue a fourth-quarter commercial launch with US Mobile, while broader industry commentary suggests satellite networks will likely complement—not replace—terrestrial towers because urban capacity and bandwidth remain limited. Space race and tower REITs
- Negative Sentiment: Possible manufacturing delays could slow BlueBird satellite production and reduce the near-term launch cadence, prompting the analyst to lower its rating from a stronger bullish stance to “buy.” Increased competition and launch-provider dependence, including concerns related to SpaceX, are also weighing on sentiment. ASTS August decline analysis
- Negative Sentiment: AST SpaceMobile’s latest quarterly results missed expectations, with a loss of $0.77 per share versus a consensus loss estimate of $0.32 and revenue of $31.52 million versus expectations of $34.53 million. Ongoing cash burn, potential dilution and prior insider-selling concerns remain additional risks. AST SpaceMobile FCC and BlueBirds analysis
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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