AST SpaceMobile (NASDAQ:ASTS) Major Shareholder Hiroshi Mikitani Sells 1,690,000 Shares

AST SpaceMobile, Inc. (NASDAQ:ASTS) major shareholder Hiroshi Mikitani sold 1,690,000 shares of AST SpaceMobile stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $91.42, for a total transaction of $154,499,800.00. Following the transaction, the insider directly owned 29,330,155 shares in the company, valued at approximately $2,681,362,770.10. This represents a 5.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Hiroshi Mikitani also recently made the following trade(s):

• On Wednesday, April 15th, Hiroshi Mikitani sold 1,350,000 shares of AST SpaceMobile stock. The stock was sold at an average price of $86.22, for a total transaction of $116,397,000.00.

AST SpaceMobile Trading Up 4.6%

Shares of NASDAQ ASTS opened at $90.94 on Friday. The company’s fifty day moving average is $89.22 and its 200-day moving average is $82.85. The stock has a market cap of $34.74 billion, a price-to-earnings ratio of -68.89 and a beta of 2.81. AST SpaceMobile, Inc. has a twelve month low of $20.26 and a twelve month high of $129.89. The company has a quick ratio of 16.27, a current ratio of 16.35 and a debt-to-equity ratio of 0.92.

AST SpaceMobile (NASDAQ:ASTS) last announced its quarterly earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08). The firm 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%.AST SpaceMobile’s revenue for the quarter was up 2731.3% compared to the same quarter last year. Equities research analysts predict that AST SpaceMobile, Inc. will post -0.4 EPS for the current year.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: BlueBird 7 launch set for April 19; retail shareholders invited to attend the live event — a near-term operational catalyst that could reduce execution uncertainty if successful and increase investor visibility. AST SpaceMobile Announces BlueBird 7 Launch Date
• Positive Sentiment: Strong commercial outlook and liquidity profile highlighted — analysis notes FY25 revenue growth, FY26 guidance of $150–$200M and a path to $1B by FY27, plus a $1.2B contracted backlog and $3.9B in liquidity, lowering near-term dilution and deployment risk. This underpins upside expectations. AST SpaceMobile: From Cash Burn To Dominance
• Neutral Sentiment: Some coverage frames broader satellite investment tailwinds (e.g., Apple satellite interest), which can be a secular positive for industry valuations even if not a direct revenue driver for ASTS yet. Apple Sends an SOS, Creating a New Orbital Opportunity (ASTS)
• Neutral Sentiment: Short-term market reaction described as “digesting” Amazon’s deal for Globalstar — some investors initially bid ASTS up while they reassess how Amazon/Globalstar changes the competitive landscape. AST SpaceMobile shares climb as investors digest Amazon’s Globalstar deal
• Negative Sentiment: Amazon’s acquisition of Globalstar is viewed as a major competitive threat — larger, well-capitalized entrants increase pressure on spectrum access and market share, and prompted earlier sell-offs in ASTS. Why AST SpaceMobile Stock Is Retreating After Amazon’s Globalstar Deal
• Negative Sentiment: Regulatory/competitive concerns and reported program delays have previously weighed on the stock — comments about a “three-way” race and lift-off uncertainties remain downside risks if execution hiccups recur. ASTS stock hits turbulence: FCC chief flags new ‘three-way’ race

Institutional Investors Weigh In On AST SpaceMobile

Several institutional investors have recently added to or reduced their stakes in the stock. Vodafone Ventures Ltd acquired a new stake in AST SpaceMobile in the 4th quarter valued at $397,413,000. Norges Bank acquired a new stake in AST SpaceMobile in the 4th quarter valued at $198,270,000. Vanguard Group Inc. increased its stake in AST SpaceMobile by 13.4% in the 3rd quarter. Vanguard Group Inc. now owns 19,919,888 shares of the company’s stock valued at $977,668,000 after buying an additional 2,351,539 shares during the last quarter. Clear Street Group Inc. acquired a new stake in AST SpaceMobile in the 3rd quarter valued at $90,129,000. Finally, Morgan Stanley increased its stake in AST SpaceMobile by 44.0% in the 4th quarter. Morgan Stanley now owns 4,661,551 shares of the company’s stock valued at $338,569,000 after buying an additional 1,425,199 shares during the last quarter. 60.95% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ASTS. Wall Street Zen lowered shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a report on Wednesday. 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 reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Friday, March 27th. UBS Group boosted their price objective on shares of AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. Finally, Barclays boosted their price objective on shares of AST SpaceMobile from $60.00 to $65.00 and gave the company an “underweight” rating in a research report on Thursday, April 9th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $77.10.

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.