AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 5.9% Following Insider Selling

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) were down 5.9% during mid-day trading on Friday after an insider sold shares in the company. The stock traded as low as $84.91 and last traded at $85.53. Approximately 19,771,437 shares changed hands during mid-day trading, an increase of 32% from the average daily volume of 15,026,604 shares. The stock had previously closed at $90.94.

Specifically, major shareholder Hiroshi Mikitani sold 1,350,000 shares of AST SpaceMobile stock in a transaction dated 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 completion of the transaction, the insider owned 27,980,155 shares in the company, valued at approximately $2,412,448,964.10. This trade represents a 4.60% decrease in their ownership of the stock. 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 the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $91.42, for a total value of $154,499,800.00. Following the completion of the sale, the insider owned 29,330,155 shares in the company, valued at $2,681,362,770.10. This represents a 5.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Analyst Ratings Changes

ASTS has been the topic of a number of recent analyst reports. B. Riley Financial decreased their target price on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $117.00 price objective on shares of AST SpaceMobile in a research report on Wednesday. UBS Group upped their price objective on shares of AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Friday, March 27th. Finally, Barclays lifted their target price 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. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $77.10.

More AST SpaceMobile News

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

• Positive Sentiment: BlueBird‑7 launch scheduled for April 19 — a proximate operational catalyst that could validate ASTS technology and reduce execution uncertainty if successful; company invited qualified retail shareholders to attend the live launch. AST SpaceMobile Announces BlueBird 7 Launch Date
• Positive Sentiment: High‑profile endorsement — Jim Cramer spoke favorably about ASTS on Mad Money (“Let’s own this one”), which can stimulate retail buying and short‑term momentum. Jim Cramer on AST SpaceMobile: “Let’s Own This One”
• Positive Sentiment: Improved commercial outlook and liquidity cited — analysis highlights FY25 revenue growth, FY26 guidance ($150–$200M) and a path to $1B by FY27, plus a $1.2B contracted backlog and ~$3.9B in liquidity, which reduces near‑term dilution risk. AST SpaceMobile: From Cash Burn To Dominance
• Positive Sentiment: Institutional accumulation reported — recent filings show large asset managers (Vanguard, Morgan Stanley, State Street) increasing positions, which supports longer‑term demand for shares. MarketBeat ASTS profile
• Neutral Sentiment: Unusual options activity — call open interest spiked (~172,934 calls bought, ~39% above average), indicating elevated bullish speculation or hedging but not guaranteeing directional follow‑through. (no direct article link)
• Neutral Sentiment: Investors are re‑pricing the sector after Amazon’s Globalstar deal; some early buying as the market digests competitive implications and what it means for spectrum value and partner strategies. AST SpaceMobile shares climb as investors digest Amazon’s Globalstar deal
• Negative Sentiment: Major insider selling — billionaire shareholder Hiroshi Mikitani disclosed multi‑day sales totaling several million shares (sales at avg. ~$86–$91), a meaningful reduction in his stake that can create selling pressure and signal liquidity needs. SEC ownership filing
• Negative Sentiment: Analyst downgrade / negative notes — at least one downgrade and critical takes on competitive/regulatory risk have been published, which can prompt short‑term selling and tighten margin for error ahead of the launch. AST SpaceMobile Trading Down After Analyst Downgrade
• Negative Sentiment: Competitive risk from Amazon/Globalstar — a deep‑pocketed entrant and spectrum consolidation raise the stakes for market share and spectrum access, a structural headwind for ASTS if competition intensifies. Why AST SpaceMobile Stock Is Retreating After Amazon’s Globalstar Deal

AST SpaceMobile Trading Down 5.9%

The company has a debt-to-equity ratio of 0.92, a quick ratio of 16.27 and a current ratio of 16.35. The stock has a market capitalization of $32.67 billion, a price-to-earnings ratio of -64.79 and a beta of 2.81. The business has a fifty day simple moving average of $89.22 and a 200 day simple moving average of $82.85.

AST SpaceMobile (NASDAQ:ASTS) last posted its earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08). AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The firm had revenue of $54.31 million for the quarter, compared to analyst estimates of $39.53 million. AST SpaceMobile’s quarterly revenue was up 2731.3% compared to the same quarter last year. As a group, research analysts expect that AST SpaceMobile, Inc. will post -0.4 EPS for the current year.

Institutional Trading of AST SpaceMobile

Several hedge funds and other institutional investors have recently bought and sold shares of ASTS. AQR Capital Management LLC grew its position in shares of 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of 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 buying an additional 3,515 shares during the period. Millennium Management LLC boosted its stake 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 period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in AST SpaceMobile by 18.1% during 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 worth $7,405,000 after buying an additional 49,811 shares in the last quarter. Finally, Strs Ohio bought a new position in AST SpaceMobile during the 1st quarter worth $168,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

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.