AST SpaceMobile (NASDAQ:ASTS) COO Shanti Gupta Sells 12,000 Shares of Stock

AST SpaceMobile, Inc. (NASDAQ:ASTSGet Free Report) COO Shanti Gupta sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total transaction of $706,680.00. Following the completion of the transaction, the chief operating officer owned 462,980 shares of the company’s stock, valued at $27,264,892.20. This trade represents a 2.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

AST SpaceMobile Stock Up 5.8%

NASDAQ:ASTS opened at $62.71 on Friday. The company has a market cap of $24.40 billion, a price-to-earnings ratio of -29.30 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. The stock’s fifty day moving average price is $63.32 and its two-hundred day moving average price is $79.12. AST SpaceMobile, Inc. has a 52-week low of $40.15 and a 52-week high of $133.86.

AST SpaceMobile (NASDAQ:ASTSGet Free Report) last released its earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.45). The firm had revenue of $31.52 million during the quarter, compared to analyst estimates of $34.53 million. AST SpaceMobile had a negative net margin of 536.66% and a negative return on equity of 22.88%. During the same period last year, the business posted ($0.41) earnings per share. On average, analysts anticipate that AST SpaceMobile, Inc. will post -1.95 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on ASTS shares. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a report on Wednesday, June 24th. B. Riley Financial raised shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 target price on the stock in a research note on Friday, July 17th. New Street Research set a $106.00 price target on shares of AST SpaceMobile in a research report on Friday, May 29th. Cantor Fitzgerald lifted their price target on shares of AST SpaceMobile from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 11th. Finally, Berenberg Bank assumed coverage on shares of AST SpaceMobile in a research note on Wednesday, September 2nd. They set a “buy” rating and a $92.00 price target for the company. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, AST SpaceMobile has a consensus rating of “Hold” and a consensus target price of $86.58.

View Our Latest Stock Report on ASTS

AST SpaceMobile News Summary

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

  • Positive Sentiment: AST SpaceMobile’s patent portfolio and use of large satellite antenna arrays to connect with standard smartphones were highlighted as potential competitive advantages in its rivalry with Starlink. AST SpaceMobile Expands Patent Shield As Starlink Battle Moves To Smartphones
  • Positive Sentiment: Retail investors reportedly continued to defend the company’s long-term growth strategy, helping support the stock despite concerns about launch timing and insider selling. ASTS Stock Rises Overnight
  • Neutral Sentiment: Analysts maintain a consensus “Hold” recommendation, suggesting the company’s growth potential is balanced by execution, valuation and profitability concerns. AST SpaceMobile Receives Consensus Recommendation of Hold
  • Negative Sentiment: Multiple law firms announced or promoted a securities class action against AST SpaceMobile and certain officers. The lawsuits allege that the company misrepresented its competitive position and customer adoption in the U.S. and Japan; these claims have not been proven. Investors who purchased shares during the stated class period face a November 13, 2026 lead-plaintiff deadline. Class Action Filed Alleging Investor Harm
  • Negative Sentiment: COO Shanti Gupta sold 12,000 shares for approximately $707,000, while CTO Huiwen Yao sold 40,000 shares worth about $2.36 million. Yao’s transaction was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, but the sales may still weigh on sentiment.
  • Negative Sentiment: AST SpaceMobile has not yet announced shipment, arrival or launch timing for BlueBirds 14–16. Any further delay could raise execution concerns because satellite deployment is central to the company’s growth plans.

Institutional Investors Weigh In On AST SpaceMobile

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC lifted its stake in AST SpaceMobile by 21.0% in the second quarter. Sequoia Financial Advisors LLC now owns 5,309 shares of the company’s stock valued at $472,000 after buying an additional 920 shares during the period. Tidal Investments LLC grew its position in shares of AST SpaceMobile by 9,876.8% during the 2nd quarter. Tidal Investments LLC now owns 1,049,061 shares of the company’s stock worth $93,220,000 after buying an additional 1,038,546 shares during the period. IPG Investment Advisors LLC grew its position in shares of AST SpaceMobile by 15.9% during the 2nd quarter. IPG Investment Advisors LLC now owns 8,660 shares of the company’s stock worth $770,000 after buying an additional 1,185 shares during the period. MCF Advisors LLC increased its stake in shares of AST SpaceMobile by 365.1% in the 2nd quarter. MCF Advisors LLC now owns 1,372 shares of the company’s stock valued at $122,000 after acquiring an additional 1,077 shares during the last quarter. Finally, National Pension Service increased its stake in shares of AST SpaceMobile by 90.8% in the 2nd quarter. National Pension Service now owns 24,235 shares of the company’s stock valued at $2,154,000 after acquiring an additional 11,536 shares during the last quarter. Institutional investors own 60.95% of the company’s stock.

AST SpaceMobile Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for AST SpaceMobile (NASDAQ:ASTS)

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