AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 3.1% – Time to Sell?

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) were down 3.1% on Thursday. The company traded as low as $56.92 and last traded at $57.04. Approximately 12,311,465 shares changed hands during trading, a decline of 25% from the average daily volume of 16,520,297 shares. The stock had previously closed at $58.86.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile shipped three additional BlueBird satellites to Cape Canaveral, bringing its next launch trio closer to deployment. The milestone reinforces progress toward expanding its direct-to-smartphone satellite network. AST SpaceMobile ships three more BlueBird satellites to Cape Canaveral
• Positive Sentiment: CEO Abel Avellan reportedly met FCC Chairman Brendan Carr to advocate expanded spectrum access, including the lower 6 GHz band. Additional spectrum could improve the company’s long-term network capacity and coverage if approved. ASTS BlueBird convoy and spectrum discussions
• Positive Sentiment: A change-of-control severance policy for senior executives has fueled speculation that AST SpaceMobile could become an acquisition or strategic-investment target. However, no transaction has been announced, so this remains an unconfirmed catalyst. AST SpaceMobile takeover speculation
• Neutral Sentiment: AT&T CEO John Stankey criticized SpaceX’s rooftop cellular strategy as impractical, a comment that may indirectly support AST SpaceMobile’s competing satellite-to-phone approach. The broader competitive implications remain uncertain. AT&T comments on SpaceX’s wireless strategy
• Negative Sentiment: Several law firms announced or promoted securities class actions against AST SpaceMobile and certain officers. The complaints allege that the company overstated its capital and liquidity position and that executives sold more than $18 million of stock during the relevant period. These are allegations, not established findings, but the litigation creates legal, financial and reputational risk. The lead-plaintiff deadline is November 13, 2026. AST SpaceMobile class action announcement
• Negative Sentiment: Investor commentary continues to highlight AST SpaceMobile’s capital needs, dilution from convertible-note offerings and a highly speculative valuation. Those concerns could limit upside unless satellite deployments translate into substantially higher revenue and cash flow. ASTS investor alert

Analyst Ratings Changes

Several equities research analysts have commented on ASTS shares. Cantor Fitzgerald boosted their target price on AST SpaceMobile from $80.00 to $90.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, September 21st. B. Riley Financial upgraded shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price target on the stock in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft set a $93.00 price objective on shares of AST SpaceMobile in a research note on Wednesday, August 12th. Finally, Scotiabank upgraded shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price target on the stock in a report on Wednesday, July 29th. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $86.58.

AST SpaceMobile Price Performance

The firm has a 50-day moving average of $62.82 and a 200 day moving average of $77.19. The company has a market capitalization of $22.20 billion, a PE ratio of -26.65 and a beta of 2.74. The company has a debt-to-equity ratio of 1.24, a current ratio of 13.05 and a quick ratio of 12.90.

AST SpaceMobile (NASDAQ:ASTS) last issued its earnings results on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.45). The business had revenue of $31.52 million during 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 last year, the firm posted ($0.41) EPS. As a group, research analysts anticipate that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current fiscal year.

Insider Activity

In related news, COO Shanti Gupta sold 12,000 shares of the stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $58.89, for a total transaction of $706,680.00. Following the transaction, the chief operating officer owned 462,980 shares in the company, valued at $27,264,892.20. This represents a 2.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Adriana Cisneros bought 10,822 shares of the company’s stock in a transaction that occurred 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 directly owned 797,023 shares of the company’s stock, valued at $45,605,656.06. The trade was a 1.38% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 20.89% of the stock is owned by corporate insiders.

Institutional Trading of AST SpaceMobile

A number of hedge funds have recently bought and sold shares of the company. Compass Financial Management LLC purchased a new position in AST SpaceMobile in the second quarter worth about $26,000. Cornerstone Planning Group LLC increased its position in shares of AST SpaceMobile by 16,350.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock valued at $27,000 after purchasing an additional 327 shares during the last quarter. Grove Bank & Trust bought a new position in shares of AST SpaceMobile in the 2nd quarter worth approximately $27,000. Continuum Advisory LLC bought a new position in shares of AST SpaceMobile in the 2nd quarter worth approximately $28,000. Finally, Portus Wealth Advisors LLC purchased a new position in shares of AST SpaceMobile in the first quarter worth approximately $30,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard mobile phones directly to satellites without requiring specialized satellite phones or equipment. The company’s objective is to extend mobile connectivity to areas that lack reliable terrestrial cellular coverage, including remote and underserved regions.

Its system is built around the planned SpaceMobile satellite constellation, including BlueBird satellites equipped with large communications arrays.