Handelsbanken Fonder AB Grows Position in AST SpaceMobile, Inc. $ASTS

Handelsbanken Fonder AB grew its position in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) by 14.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 48,000 shares of the company’s stock after buying an additional 6,200 shares during the period. Handelsbanken Fonder AB’s holdings in AST SpaceMobile were worth $2,356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in ASTS. AQR Capital Management LLC boosted its holdings in AST SpaceMobile by 11.8% during the first quarter. AQR Capital Management LLC now owns 34,548 shares of the company’s stock worth $786,000 after buying an additional 3,642 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position 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 worth $1,814,000 after acquiring an additional 3,515 shares during the period. Millennium Management LLC boosted its stake in shares of AST SpaceMobile by 16.1% during the 1st quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock worth $10,634,000 after acquiring an additional 64,989 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of AST SpaceMobile by 18.1% during 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 acquiring an additional 49,811 shares during the period. Finally, Strs Ohio purchased a new position in shares of AST SpaceMobile in the 1st quarter valued at about $168,000. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Keith R. Larson bought 715 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was acquired at an average cost of $70.02 per share, with a total value of $50,064.30. Following the purchase, the director directly owned 1,390 shares of the company’s stock, valued at $97,327.80. The trade was a 105.93% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of AST SpaceMobile stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total value of $159,631,314.75. Following the transaction, the insider owned 211,379 shares in the company, valued at approximately $14,743,685.25. This represents a 91.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have bought 2,015 shares of company stock valued at $149,144 and have sold 2,344,621 shares valued at $163,788,075. 30.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ASTS. B. Riley Financial lowered their price target on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Monday, December 29th. Zacks Research lowered AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. Scotiabank cut 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 note on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a research report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $56.77.

Key AST SpaceMobile News

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

• Positive Sentiment: TELUS commercial agreement to bring satellite-powered text, voice and data to Canada expands ASTS’s carrier footprint and creates a new national revenue pathway. TELUS and AST SpaceMobile Partner to Bring Space-Based Cellular Broadband Connectivity to Every Corner of Canada
• Positive Sentiment: Partnerships with Orange and Vodafone (via Satellite Connect Europe) broaden ASTS’s European trial pipeline and validate D2D (direct-to-device) commercial demand. Orange partners with AST SpaceMobile, Vodafone on satellite connectivity
• Positive Sentiment: Defense contract activity (U.S. Space Development Agency / HALO) and recent BlueBird 6 launch move ASTS closer to dual commercial‑and‑government revenue streams — an important de‑risking and addressable-market expansion. AST SpaceMobile Edges Toward Core Infrastructure Role With SDA And Carrier Deals
• Positive Sentiment: Q4 revenue materially beat estimates ($54.3M vs. ~$39.5M consensus), reported very large YoY growth and the company states robust liquidity — supporting continued satellite deployments and commercial trials. AST SpaceMobile Reports Big Revenue Beat as It Continues to Scale
• Neutral Sentiment: Active intraday coverage and heavy volume helped amplify price moves; some market write‑ups highlight sector momentum (space ETFs and peers). These media-driven flows can increase volatility but don’t change fundamentals. AeroVironment (Up 10%) and AST SpaceMobile (Up 7%) Jump on Tuesday
• Negative Sentiment: Despite the top‑line beat, ASTS reported a wider Q4 loss (EPS -$0.26 vs -$0.18 est.), very negative margins and analyst cuts to 2026 estimates — risks to near‑term profitability and valuation remain. AST SpaceMobile Missed Wall Street Estimates. The Stock Is Up.

AST SpaceMobile Stock Performance

NASDAQ:ASTS opened at $92.68 on Wednesday. The company’s 50-day moving average price is $93.83 and its 200-day moving average price is $73.28. The company has a current ratio of 9.56, a quick ratio of 9.48 and a debt-to-equity ratio of 0.43. The company has a market cap of $34.02 billion, a P/E ratio of -70.21 and a beta of 2.77. AST SpaceMobile, Inc. has a twelve month low of $18.22 and a twelve month high of $129.89.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.08). AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 28.89%. The business had revenue of $54.31 million for the quarter, compared to analysts’ expectations of $39.53 million. The firm’s revenue was up 2731.3% on a year-over-year basis. On average, sell-side analysts forecast that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current fiscal year.

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.