AST SpaceMobile, Inc. $ASTS Stock Holdings Increased by National Pension Service

National Pension Service increased its stake in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) by 90.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,235 shares of the company’s stock after purchasing an additional 11,536 shares during the quarter. National Pension Service’s holdings in AST SpaceMobile were worth $2,154,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in ASTS. Compass Financial Management LLC purchased a new stake in AST SpaceMobile in the 2nd quarter worth approximately $26,000. Grove Bank & Trust acquired a new position in shares of AST SpaceMobile in the second quarter worth $27,000. Continuum Advisory LLC purchased a new stake in shares of AST SpaceMobile during the second quarter worth $28,000. Cornerstone Planning Group LLC boosted its position in AST SpaceMobile by 16,350.0% during 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. Finally, Portus Wealth Advisors LLC acquired a new stake in AST SpaceMobile during the first quarter valued at $30,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analysts Forecast Growth

ASTS has been the topic of several research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Wednesday, June 24th. UBS Group began coverage on AST SpaceMobile in a report on Wednesday, September 2nd. They issued a “buy” rating on the stock. B. Riley Financial upgraded shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 target price for the company in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft set a $93.00 target price on shares of AST SpaceMobile in a research report on Wednesday, August 12th. Finally, Cantor Fitzgerald lifted their price objective 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 analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $86.58.

Insider Buying and Selling

In other news, Director Adriana Cisneros acquired 10,822 shares of AST SpaceMobile stock in a transaction 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 transaction, the director owned 797,023 shares of the company’s stock, valued at $45,605,656.06. The trade was a 1.38% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 20.89% of the stock is currently owned by company insiders.

AST SpaceMobile News Summary

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

• Positive Sentiment: AST SpaceMobile is seeking to extend its 30-day FCC testing window for satellite operations in the 800 MHz band. The request, along with backing for a separate spectrum application from the Space Development Agency, highlights growing U.S. defense and government interest in satellite connectivity. AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
• Positive Sentiment: A bullish investment case points to second-quarter revenue of approximately $31.5 million, up sharply from $1.2 million a year earlier, and a contracted revenue backlog of roughly $1.3 billion from commercial and government customers. This supports expectations for substantial revenue growth through 2028, although execution remains important. Prediction: AST SpaceMobile Triples Its Revenue Again by 2028
• Positive Sentiment: A new government task force targeting 10,000 annual space operations by 2035 could benefit the broader space industry through faster approvals, additional spaceports and improved airspace integration. The impact on ASTS is indirect but could improve the operating environment for satellite and launch companies. New Trump Task Force Targets 10,000 Annual Space Operations By 2035
• Neutral Sentiment: Technical commentary describes ASTS as effectively range-bound, while suggesting the shares could offer a short-term trading opportunity. This is a trading view rather than a change in the company’s fundamentals. Deadlocked AST SpaceMobile Stock Still Has a Shot as a Quick Scalp
• Neutral Sentiment: Reported short-interest data showed zero shares and a zero-day short-interest ratio, but the figures include an invalid “NaN” change and appear unreliable, offering little usable insight into trading pressure.
• Negative Sentiment: Comparisons with Jabil favor Jabil because of its lower valuation, more predictable estimates and expected earnings growth. Other analysis also suggests Rocket Lab may currently be the more suitable diversified portfolio choice, weighing on ASTS’s relative appeal. AST SpaceMobile vs. Jabil: Which Connectivity Stock Is a Better Buy?
• Negative Sentiment: AST SpaceMobile’s latest results missed expectations, including a wider-than-expected loss and slightly weaker revenue. The combination of ongoing losses, a high valuation and conflicting analyst sentiment helps explain the stock’s recent decline. Rocket Lab vs. AST SpaceMobile: Chase the Better SpaceX Disruptor

AST SpaceMobile Price Performance

Shares of AST SpaceMobile stock opened at $59.86 on Monday. The firm has a fifty day simple moving average of $64.58 and a 200-day simple moving average of $79.77. The company has a current ratio of 13.05, a quick ratio of 12.90 and a debt-to-equity ratio of 1.24. AST SpaceMobile, Inc. has a 1-year low of $37.73 and a 1-year high of $133.86. The stock has a market capitalization of $23.30 billion, a price-to-earnings ratio of -27.97 and a beta of 2.74.

AST SpaceMobile (NASDAQ:ASTS) last announced its earnings results 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 in the previous year, the company earned ($0.41) EPS. On average, sell-side analysts expect that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current year.

About AST SpaceMobile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard, unmodified mobile phones directly to satellites. Its planned service is intended to extend mobile connectivity beyond the coverage of traditional terrestrial wireless networks, including in rural, remote and underserved areas.

The company’s primary technology platform consists of large, low-Earth-orbit satellites known as BlueBirds. AST SpaceMobile is developing these satellites to provide voice, messaging and broadband data services through partnerships with mobile network operators, using existing cellular devices and spectrum where permitted.

Founded in 2017 and headquartered in Midland, Texas, AST SpaceMobile was established by Abel Avellan, who serves as its chairman and chief executive officer.