AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) Director Adriana Cisneros bought 10,822 shares of the business’s stock in a transaction on Monday, August 31st. The stock was purchased at an average price of $57.22 per share, for a total transaction of $619,234.84. Following the completion of the acquisition, the director owned 797,023 shares of the company’s stock, valued at approximately $45,605,656.06. This trade represents a 1.38% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
AST SpaceMobile Stock Down 0.4%
Shares of AST SpaceMobile stock opened at $62.13 on Friday. The company has a market capitalization of $24.18 billion, a P/E ratio of -29.03 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. The business has a 50-day moving average of $67.19 and a two-hundred day moving average of $80.67. AST SpaceMobile, Inc. has a 1 year low of $36.08 and a 1 year high of $133.86.
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.32) by ($0.45). AST SpaceMobile had a negative net margin of 536.66% and a negative return on equity of 22.88%. The business had revenue of $31.52 million for the quarter, compared to the consensus estimate of $34.53 million. During the same quarter last year, the firm earned ($0.41) EPS. As a group, equities analysts predict that AST SpaceMobile, Inc. will post -1.95 EPS for the current year.
Institutional Trading of AST SpaceMobile
Key Headlines Impacting AST SpaceMobile
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: Berenberg initiated coverage of AST SpaceMobile (ASTS) with a Buy rating and a $92 price target, implying substantial upside from recent levels. The firm’s broader space-sector coverage reflects growing institutional interest in satellite communications and orbital infrastructure. Berenberg initiates coverage of AST SpaceMobile
- Positive Sentiment: Director Adriana Cisneros purchased 10,822 ASTS shares for approximately $619,235 at an average price of $57.22, increasing her holdings to 797,023 shares. The open-market purchase may reassure investors about insider confidence in the company’s long-term prospects. AST SpaceMobile insider purchase
- Positive Sentiment: Regulatory progress remains a potential catalyst: the FCC authorized testing of 800 MHz connectivity, while Japan’s Radio Regulatory Council endorsed a 700 MHz framework for Rakuten and AST SpaceMobile’s network. Carrier partnerships and the planned US Mobile service launch could support future commercialization. FCC progress and BlueBird satellite outlook
- Neutral Sentiment: Seeking Alpha maintained a bullish view, arguing that the recent selloff has gone too far and that AST SpaceMobile could target approximately $1 billion in first-year commercial revenue. However, that outlook depends on deploying 45 BlueBird satellites and meeting ambitious 2027 operating targets. AST SpaceMobile selloff analysis
- Negative Sentiment: AST SpaceMobile moved its target for 45 satellites from late 2026 to early 2027. The delay raises concerns about manufacturing execution, launch timing and the company’s ability to begin commercial revenue on schedule. AST SpaceMobile commercial launch delay
- Negative Sentiment: The company’s latest quarterly results missed expectations: an adjusted loss of $0.77 per share versus an expected loss of $0.32, and revenue of $31.52 million versus $34.53 million expected. Heavy cash burn, possible dilution and prior insider-selling concerns continue to pressure the valuation. AST SpaceMobile financial concerns
- Negative Sentiment: Kessler Topaz Meltzer & Check is investigating potential federal securities-law violations involving ASTS. The announcement does not establish wrongdoing, but it adds headline and litigation risk after the stock’s steep decline since May. AST SpaceMobile investigation alert
Analysts Set New Price Targets
ASTS has been the subject of several research reports. UBS Group began coverage on shares of AST SpaceMobile in a research report on Wednesday. They set a “buy” rating for the company. Piper Sandler reduced their target price on shares of AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating for the company in a research note on Tuesday, August 11th. Roth Capital reiterated a “buy” rating and set a $108.00 target price on shares of AST SpaceMobile in a report on Tuesday, May 12th. Scotiabank raised AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price target on the stock in a research note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft set a $93.00 price target on AST SpaceMobile in a report on Wednesday, August 12th. Six research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $86.58.
Read Our Latest Research Report on ASTS
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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