Nykredit A S Buys Shares of 80,764 AST SpaceMobile, Inc. $ASTS

Nykredit A S bought a new position in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 80,764 shares of the company’s stock, valued at approximately $7,177,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Cornerstone Planning Group LLC grew its position in shares of AST SpaceMobile by 16,350.0% in the first 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 purchased a new position in shares of AST SpaceMobile during the 2nd quarter worth approximately $27,000. Acumen Wealth Advisors LLC acquired a new position in shares of AST SpaceMobile during the 4th quarter worth approximately $29,000. Harvest Fund Management Co. Ltd purchased a new stake in AST SpaceMobile in the 3rd quarter valued at approximately $29,000. Finally, Portus Wealth Advisors LLC purchased a new stake in AST SpaceMobile in the 1st quarter valued at approximately $30,000. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Key AST SpaceMobile News

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

• Positive Sentiment: Berenberg initiated coverage with a Buy rating and a $92 price target, implying substantial upside from recent levels. The firm’s bullish view helped drive a sharp rebound in ASTS and reflects confidence in the company’s direct-to-smartphone satellite network and long-term commercial opportunity. AST SpaceMobile Stock Soared 12%—This Was the Catalyst
• Positive Sentiment: Insider buying and additional commentary pointing to significant analyst upside have reinforced the bullish case. AST SpaceMobile’s planned network could connect ordinary smartphones directly to satellites without specialized hardware, offering a potentially large addressable market. AST SpaceMobile Trading Up Following Insider Buying Activity
• Positive Sentiment: The broader space-stock sector is receiving increased investor attention after a major NASA contract awarded to Blue Origin. Berenberg’s positive coverage of AST SpaceMobile and other space companies may improve sentiment toward the commercial space industry. Defying Gravity: Space Stocks Reach Escape Velocity
• Neutral Sentiment: Investors are comparing AST SpaceMobile’s developing direct-to-device cellular network with SpaceX’s more established launch business and Starlink broadband service. The comparison highlights ASTS’s potentially differentiated technology, but also its earlier stage and higher execution risk. AST SpaceMobile vs. Space Exploration Technologies
• Negative Sentiment: AST SpaceMobile delayed its target for having 45 BlueBird satellites in orbit from late 2026 to early 2027. The postponement could delay commercial service and the company’s ambitious revenue objectives, despite analysts viewing the milestone as achievable. AST SpaceMobile Moved Its Commercial Launch Target to 2027
• Negative Sentiment: A securities law firm is investigating potential violations on behalf of investors who suffered losses. While the notice does not establish wrongdoing, it adds headline and litigation risk. Investors also remain concerned about cash burn, potential dilution, regulatory hurdles, and ASTS’s previous earnings shortfall. AST SpaceMobile Investigation Alert

AST SpaceMobile Stock Up 0.3%

ASTS stock opened at $62.31 on Friday. The stock has a market capitalization of $24.25 billion, a P/E ratio of -29.12 and a beta of 2.74. The company has a debt-to-equity ratio of 1.24, a quick ratio of 12.90 and a current ratio of 13.05. AST SpaceMobile, Inc. has a one year low of $36.08 and a one year high of $133.86. The company has a 50 day moving average price of $67.01 and a two-hundred day moving average price of $80.54.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly 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). AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.The business had revenue of $31.52 million for the quarter, compared to analysts’ expectations of $34.53 million. During the same period in the prior year, the company earned ($0.41) EPS. As a group, sell-side analysts expect that AST SpaceMobile, Inc. will post -1.95 EPS for the current year.

Insider Buying and Selling at AST SpaceMobile

In related news, CFO Andrew Johnson sold 45,809 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $93.81, for a total value of $4,297,342.29. Following the completion of the transaction, the chief financial officer directly owned 503,619 shares in the company, valued at approximately $47,244,498.39. This represents a 8.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Adriana Cisneros bought 10,822 shares of AST SpaceMobile stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average price of $57.22 per share, for a total transaction of $619,234.84. Following the completion of the transaction, the director directly owned 797,023 shares of the company’s stock, valued at $45,605,656.06. This trade represents a 1.38% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 20.89% of the company’s stock.

Analyst Ratings Changes

ASTS has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $93.00 price target on AST SpaceMobile in a research report on Wednesday, August 12th. Roth Capital restated a “buy” rating and issued a $108.00 price objective on shares of AST SpaceMobile in a research report on Tuesday, May 12th. New Street Research set a $106.00 price objective on AST SpaceMobile in a research note on Friday, May 29th. William Blair reiterated a “market perform” rating on shares of AST SpaceMobile in a research report on Friday, May 29th. Finally, Cantor Fitzgerald boosted their target price on shares of AST SpaceMobile from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Tuesday, August 11th. Six research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $86.58.

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.