Rhumbline Advisers Boosts Stock Position in AST SpaceMobile, Inc. $ASTS

Rhumbline Advisers boosted its stake in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) by 7.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 206,885 shares of the company’s stock after buying an additional 14,809 shares during the quarter. Rhumbline Advisers’ holdings in AST SpaceMobile were worth $10,154,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. REAP Financial Group LLC purchased a new stake in shares of AST SpaceMobile during the 3rd quarter worth approximately $25,000. Atlantic Union Bankshares Corp purchased a new stake in AST SpaceMobile in the second quarter worth $28,000. Geneos Wealth Management Inc. raised its stake in shares of AST SpaceMobile by 225.0% in the third quarter. Geneos Wealth Management Inc. now owns 650 shares of the company’s stock valued at $32,000 after buying an additional 450 shares during the period. Binnacle Investments Inc purchased a new position in shares of AST SpaceMobile during the 2nd quarter valued at $33,000. Finally, Chapman Financial Group LLC bought a new position in shares of AST SpaceMobile during the 2nd quarter worth $38,000. Institutional investors own 60.95% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ASTS. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Monday, December 29th. Scotiabank lowered shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target on the stock. in a research report on Wednesday, January 7th. B. Riley Financial dropped their price target on shares of AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Zacks Research lowered shares of AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a research report on Tuesday, January 20th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, AST SpaceMobile presently has a consensus rating of “Reduce” and a consensus target price of $52.94.

Insider Buying and Selling at AST SpaceMobile

In other news, Director Keith R. Larson bought 625 shares of the business’s stock in a transaction on Wednesday, December 24th. The stock was acquired at an average price of $80.00 per share, with a total value of $50,000.00. Following the completion of the purchase, the director directly owned 2,015 shares in the company, valued at $161,200. This represents a 44.96% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of AST SpaceMobile stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the transaction, the insider directly owned 211,379 shares in the company, valued at $14,743,685.25. This trade represents a 91.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have bought 2,015 shares of company stock valued at $149,144 and have sold 2,354,621 shares valued at $164,348,075. Company insiders own 30.90% of the company’s stock.

AST SpaceMobile Price Performance

ASTS stock opened at $80.20 on Friday. AST SpaceMobile, Inc. has a one year low of $18.22 and a one year high of $129.89. The company has a debt-to-equity ratio of 0.43, a current ratio of 9.56 and a quick ratio of 9.48. The stock has a market cap of $29.44 billion, a PE ratio of -64.68 and a beta of 2.70. The firm has a 50 day simple moving average of $92.14 and a two-hundred day simple moving average of $71.18.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: AST links its BlueBird-6 milestone to the funding move, underscoring operational progress (satellite milestone may support long‑term commercial case). Article Title
• Neutral Sentiment: AST SpaceMobile will host a quarterly business-update call on March 2 (management will take shareholder questions — could provide near-term clarity or catalysts depending on guidance). Article Title
• Neutral Sentiment: A market note highlighted a recent closing quote that outpaced the market on one session, indicating short‑term volatility in trading prints. Article Title
• Neutral Sentiment: Reported short-interest data in the feeds is inconsistent/zeroed out (the published figures show 0 shares and NaN changes), so short-interest signals are unreliable right now.
• Negative Sentiment: AST issued ~$1.0B of convertible notes (2.25%), with expected net proceeds ≈ $983.7M (≈ $1.13B if option exercised); while this boosts cash runway, investors worry about dilution and conversion risk — a likely driver of selling pressure. Article Title
• Negative Sentiment: Market commentary ties the convertible financing and expected use of proceeds for general corporate purposes to the stock decline today — investors reacted by reducing positions amid dilution concerns. Article Title

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.