AXQ Capital LP Buys 4,391 Shares of AST SpaceMobile, Inc. $ASTS

AXQ Capital LP boosted its stake in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) by 48.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,419 shares of the company’s stock after purchasing an additional 4,391 shares during the period. AXQ Capital LP’s holdings in AST SpaceMobile were worth $975,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ASTS. Oppenheimer & Co. Inc. lifted its holdings in AST SpaceMobile by 48.0% during 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 during the last quarter. Mutual Advisors LLC bought a new position in shares of AST SpaceMobile in the third quarter valued at about $1,882,000. KPP Advisory Services LLC acquired a new stake in shares of AST SpaceMobile during the 4th quarter worth about $1,649,000. M&T Bank Corp boosted its holdings in shares of AST SpaceMobile by 1,062.9% during the 4th quarter. M&T Bank Corp now owns 77,994 shares of the company’s stock worth $5,665,000 after buying an additional 71,287 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in AST SpaceMobile by 28.0% in the 3rd 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 during the last quarter. 60.95% of the stock is owned by institutional investors.

AST SpaceMobile Price Performance

Shares of NASDAQ ASTS opened at $118.17 on Wednesday. The business has a fifty day moving average price of $88.29 and a two-hundred day moving average price of $85.64. The stock has a market capitalization of $45.86 billion, a PE ratio of -66.39 and a beta of 2.70. The company has a debt-to-equity ratio of 1.11, a current ratio of 18.47 and a quick ratio of 18.37. AST SpaceMobile, Inc. has a fifty-two week low of $23.80 and a fifty-two week high of $133.86.

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

Insiders Place Their Bets

In other news, CFO Andrew Martin Johnson sold 5,000 shares of the firm’s 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 sale, the chief financial officer directly owned 565,805 shares in the company, valued at approximately $51,063,901.25. This trade represents a 0.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, major shareholder Hiroshi Mikitani sold 1,690,000 shares of AST SpaceMobile stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $91.42, for a total transaction of $154,499,800.00. Following the sale, the insider directly owned 29,330,155 shares in the company, valued at $2,681,362,770.10. This trade represents a 5.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 3,100,000 shares of company stock worth $276,048,350. Insiders own 20.89% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ASTS shares. Zacks Research upgraded shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. New Street Research set a $106.00 price target on AST SpaceMobile in a research note on Friday. UBS Group lowered their price objective on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. B. Riley Financial boosted their target price on shares of AST SpaceMobile from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. Finally, William Blair restated a “market perform” rating on shares of AST SpaceMobile in a research note on Friday. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $81.33.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile is getting a lift from the broader space-stock trade, with traders bidding up names in the sector ahead of the SpaceX IPO and on heightened retail interest. AST SpaceMobile stock surges Tuesday: What’s happening?
• Positive Sentiment: A new Juniper Research study projects direct-to-cell users could rise sharply over the next several years, highlighting long-term market potential for satellite-to-phone services that includes AST SpaceMobile. Direct to Cell: Monthly Active Users to Reach Over 130 Million by 2031, But Usage Forecast to be Lower Than Anticipated
• Neutral Sentiment: Some market commentary notes ASTS is moving with a wider divergence in space stocks, with speculative trading and sector momentum driving sharp swings rather than a company-specific announcement. Virgin Galactic Crashes 32% on Settlement Dilution Fears, AST SpaceMobile Rises 10%, Planet Labs Climbs 9%
• Neutral Sentiment: Analyst chatter has also become a drag, with one note pushing the timeline for commercialization out to 2028 and saying intermittent coverage may not generate meaningful revenue in 2027, which keeps monetization concerns in focus. ASTS, RKLB, LUNR, RDW, RKTO Extend Slide Premarket After Blue Origin Blowup — Analyst Pushes AST Coverage Timeline To 2028
• Negative Sentiment: Broader space-sector weakness is also pressuring ASTS at times, as investors pull back from high-beta space names amid valuation cuts and risk-off sentiment. Space Stocks Slide Again As ETF Drops Nearly 10% In Two Days

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.