AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) major shareholder Hiroshi Mikitani sold 1,350,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $86.22, for a total transaction of $116,397,000.00. Following the sale, the insider directly owned 27,980,155 shares in the company, valued at $2,412,448,964.10. This trade represents a 4.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Hiroshi Mikitani also recently made the following trade(s):
- On Tuesday, April 14th, Hiroshi Mikitani sold 1,690,000 shares of AST SpaceMobile stock. The stock was sold at an average price of $91.42, for a total transaction of $154,499,800.00.
AST SpaceMobile Price Performance
Shares of NASDAQ:ASTS opened at $90.94 on Friday. The company’s fifty day moving average price is $89.22 and its 200-day moving average price is $82.85. The firm has a market capitalization of $34.74 billion, a price-to-earnings ratio of -68.89 and a beta of 2.81. AST SpaceMobile, Inc. has a one year low of $20.26 and a one year high of $129.89. The company has a debt-to-equity ratio of 0.92, a current ratio of 16.35 and a quick ratio of 16.27.
Institutional Investors Weigh In On AST SpaceMobile
A number of institutional investors have recently made changes to their positions in ASTS. AQR Capital Management LLC boosted its stake in shares of AST SpaceMobile by 11.8% in the 1st quarter. AQR Capital Management LLC now owns 34,548 shares of the company’s stock valued at $786,000 after purchasing an additional 3,642 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of AST SpaceMobile by 4.6% in the 1st 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 in the last quarter. Millennium Management LLC boosted its stake in shares of AST SpaceMobile by 16.1% in the 1st quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock valued at $10,634,000 after purchasing an additional 64,989 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of AST SpaceMobile by 18.1% in the 1st 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 purchasing an additional 49,811 shares in the last quarter. Finally, Strs Ohio purchased a new stake in shares of AST SpaceMobile in the 1st quarter valued at $168,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on ASTS. Barclays increased their price target on shares of AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft set a $117.00 price target on shares of AST SpaceMobile in a report on Wednesday. B. Riley Financial decreased their price target on shares of AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a report on Friday, March 27th. Finally, Wall Street Zen cut shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research note on Wednesday. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $77.10.
View Our Latest Stock Report on ASTS
Key Stories Impacting AST SpaceMobile
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: BlueBird 7 launch set for April 19; retail shareholders invited to attend the live event — a near-term operational catalyst that could reduce execution uncertainty if successful and increase investor visibility. AST SpaceMobile Announces BlueBird 7 Launch Date
- Positive Sentiment: Strong commercial outlook and liquidity profile highlighted — analysis notes FY25 revenue growth, FY26 guidance of $150–$200M and a path to $1B by FY27, plus a $1.2B contracted backlog and $3.9B in liquidity, lowering near-term dilution and deployment risk. This underpins upside expectations. AST SpaceMobile: From Cash Burn To Dominance
- Neutral Sentiment: Some coverage frames broader satellite investment tailwinds (e.g., Apple satellite interest), which can be a secular positive for industry valuations even if not a direct revenue driver for ASTS yet. Apple Sends an SOS, Creating a New Orbital Opportunity (ASTS)
- Neutral Sentiment: Short-term market reaction described as “digesting” Amazon’s deal for Globalstar — some investors initially bid ASTS up while they reassess how Amazon/Globalstar changes the competitive landscape. AST SpaceMobile shares climb as investors digest Amazon’s Globalstar deal
- Negative Sentiment: Amazon’s acquisition of Globalstar is viewed as a major competitive threat — larger, well-capitalized entrants increase pressure on spectrum access and market share, and prompted earlier sell-offs in ASTS. Why AST SpaceMobile Stock Is Retreating After Amazon’s Globalstar Deal
- Negative Sentiment: Regulatory/competitive concerns and reported program delays have previously weighed on the stock — comments about a “three-way” race and lift-off uncertainties remain downside risks if execution hiccups recur. ASTS stock hits turbulence: FCC chief flags new ‘three-way’ race
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.
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