TD Asset Management Inc Purchases Shares of 16,824 AST SpaceMobile, Inc. $ASTS

TD Asset Management Inc purchased a new position in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) during the third quarter, Holdings Channel.com reports. The firm purchased 16,824 shares of the company’s stock, valued at approximately $826,000.

Several other large investors also recently modified their holdings of ASTS. ORG Partners LLC increased its stake in shares of AST SpaceMobile by 5.2% in the 3rd quarter. ORG Partners LLC now owns 3,150 shares of the company’s stock valued at $155,000 after acquiring an additional 155 shares in the last quarter. Atlantic Union Bankshares Corp boosted its stake in AST SpaceMobile by 30.0% during the third quarter. Atlantic Union Bankshares Corp now owns 781 shares of the company’s stock worth $38,000 after acquiring an additional 180 shares in the last quarter. GAMMA Investing LLC grew its holdings in AST SpaceMobile by 21.9% in the third quarter. GAMMA Investing LLC now owns 1,355 shares of the company’s stock worth $67,000 after purchasing an additional 243 shares during the period. SBI Securities Co. Ltd. increased its stake in AST SpaceMobile by 0.5% in the second quarter. SBI Securities Co. Ltd. now owns 56,619 shares of the company’s stock valued at $2,646,000 after purchasing an additional 268 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC increased its stake in AST SpaceMobile by 3.7% in the third quarter. Walkner Condon Financial Advisors LLC now owns 10,403 shares of the company’s stock valued at $511,000 after purchasing an additional 367 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. B. Riley Financial cut their price objective on shares of 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 reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Monday, December 29th. Zacks Research raised AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research note on Wednesday. UBS Group increased their target price on AST SpaceMobile from $43.00 to $85.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Scotiabank downgraded shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target for the company. in a research report on Wednesday, January 7th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $63.77.

AST SpaceMobile News Summary

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

• Positive Sentiment: TELUS commercial agreement expands ASTS’s addressable market in Canada and helped lift sentiment by validating operator demand for direct-to-cell service; this deal supports near-term revenue growth and rollout plans. TELUS Partners with AST SpaceMobile
• Positive Sentiment: Orange added AST SpaceMobile to its satellite roster and scheduled Europe D2C trials for late 2026 — another major operator endorsement that increases potential European commercial traction. Orange Adds AST SpaceMobile
• Positive Sentiment: ASTS reported meaningful 2025 revenue (~$70.9M), a growing pipeline (~$1.2B contracted backlog) and plans to launch 45–60 satellites by end?2026 — operational proof that the business is scaling from pre?revenue to commercial receipts. Seeking Alpha: AST SpaceMobile revenue and plans
• Positive Sentiment: Analyst coverage turned more constructive: Zacks moved ASTS from “strong sell” to “hold” and other upgrades sparked intraday rallies in recent sessions, indicating improving sell?side sentiment can amplify momentum. Zacks upgrade Analyst upgrade article
• Neutral Sentiment: Media pieces highlight ASTS as a direct competitor to SpaceX’s Starlink (different product/market focus) — competition raises strategic questions but doesn’t remove near?term operator contracts or revenue. ASTS vs Starlink
• Neutral Sentiment: Sector comparisons (e.g., vs. Rocket Lab) and broader market volatility (macro headlines) are contributing to mixed trading — investors are differentiating capital?intensive launch plays. Fool comparison
• Negative Sentiment: Valuation and cash?burn concerns remain: analysts warn ASTS’s premium multiple and high operating costs increase downside risk if cadence of deployments or operator rollouts slips. Zacks: 181% rise and risks
• Negative Sentiment: Profitability metrics are weak (negative EPS and very large negative margins reported recently), so any slowdown in operator conversions or higher launch costs could press the stock lower. Financials and risks
• Neutral Sentiment: Reported short?interest data in feeds appears anomalous/zero — not a reliable signal this cycle; ignore until clarified by exchange filings.

AST SpaceMobile Stock Down 4.7%

ASTS stock opened at $89.47 on Friday. The firm has a market capitalization of $32.84 billion, a PE ratio of -67.78 and a beta of 2.77. The company has a quick ratio of 9.48, a current ratio of 16.35 and a debt-to-equity ratio of 0.92. AST SpaceMobile, Inc. has a twelve month low of $18.22 and a twelve month high of $129.89. The stock’s 50 day moving average is $95.06 and its 200-day moving average is $73.93.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings results 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). The company had revenue of $54.31 million for the quarter, compared to the consensus estimate of $39.53 million. AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The company’s quarterly revenue was up 2731.3% compared to the same quarter last year. Sell-side analysts expect that AST SpaceMobile, Inc. will post -0.4 EPS for the current fiscal year.

Insider Activity at AST SpaceMobile

In related news, COO Shanti B. Gupta sold 10,000 shares of AST SpaceMobile stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $77.34, for a total transaction of $773,400.00. Following the sale, the chief operating officer directly owned 382,375 shares in the company, valued at approximately $29,572,882.50. This trade represents a 2.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the business’s 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 completion of the transaction, the insider directly 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. Over the last three months, insiders acquired 2,015 shares of company stock valued at $149,144. 30.90% of the stock is owned by insiders.

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.