Clarus Wealth Advisors acquired a new stake in AST SpaceMobile, Inc. (NASDAQ:ASTS – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 22,196 shares of the company’s stock, valued at approximately $1,972,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Focus Partners Wealth grew its stake in AST SpaceMobile by 8,016.7% in the 4th quarter. Focus Partners Wealth now owns 1,269,609 shares of the company’s stock valued at $92,000,000 after acquiring an additional 1,253,967 shares during the period. ABN Amro Investment Solutions acquired a new position in AST SpaceMobile during the first quarter worth $996,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in AST SpaceMobile during the fourth quarter valued at $2,290,000. KBC Group NV lifted its holdings in AST SpaceMobile by 259.5% during the first quarter. KBC Group NV now owns 23,438 shares of the company’s stock valued at $1,942,000 after purchasing an additional 16,918 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new stake in shares of AST SpaceMobile in the first quarter valued at about $1,329,000. 60.95% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other AST SpaceMobile news, Director Adriana Cisneros acquired 10,822 shares of the business’s stock in a transaction on Monday, August 31st. The stock was bought at an average price of $57.22 per share, for a total transaction of $619,234.84. Following the acquisition, the director owned 797,023 shares in the company, valued at approximately $45,605,656.06. The trade was a 1.38% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Andrew Martin Johnson sold 45,809 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $93.81, for a total transaction of $4,297,342.29. Following the completion of the transaction, the chief financial officer directly owned 503,619 shares in the company, valued at $47,244,498.39. This trade represents a 8.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 20.89% of the stock is currently owned by company insiders.
AST SpaceMobile Trading Down 5.6%
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last released its earnings results on Monday, August 10th. The company reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). The business had revenue of $31.52 million for the quarter, compared to analysts’ expectations of $34.53 million. AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.During the same period in the previous year, the company earned ($0.41) EPS. Research analysts expect that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of analysts have recently commented on ASTS shares. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Wednesday, June 24th. UBS Group decreased their price target on shares of AST SpaceMobile from $80.00 to $78.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 11th. William Blair reiterated a “market perform” rating on shares of AST SpaceMobile in a report on Friday, May 29th. Scotiabank upgraded AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price objective on the stock in a report on Wednesday, July 29th. Finally, B. Riley Financial upgraded AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price objective for the company in a research note on Friday, July 17th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $85.98.
Get Our Latest Research Report on AST SpaceMobile
Key Stories Impacting AST SpaceMobile
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
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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