AST SpaceMobile (NASDAQ:ASTS) Shares Down 2.6% – Time to Sell?

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares fell 2.6% on Tuesday. The stock traded as low as $58.58 and last traded at $59.40. Approximately 15,883,060 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 16,574,934 shares. The stock had previously closed at $61.00.

Key Headlines Impacting AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile disclosed a change-of-control severance plan covering its CEO and other senior executives. The plan, which could provide substantial payouts if control changes, fueled speculation that the company may become an acquisition target. AST SpaceMobile change-of-control plan article
• Neutral Sentiment: A German regulatory filing has brought AST SpaceMobile’s proposed 344-satellite BlueBird constellation back into focus, potentially highlighting progress toward the company’s planned space-based cellular network. However, the filing does not by itself confirm launch timing or commercial revenue. BlueBird satellite filing article
• Negative Sentiment: Several law firms publicized a securities-fraud class action and a November 13, 2026 deadline for investors to seek lead-plaintiff status. The allegations include claims that AST SpaceMobile overstated the sufficiency of its cash resources while later raising approximately $3.0 billion through convertible-note offerings, increasing concerns about financing needs and dilution. The allegations have not been proven. ASTS securities class action deadline article
• Negative Sentiment: SpaceX reported that Starship reached orbit and deployed satellites for the first time. The milestone lifted SpaceX but pressured space-sector peers, including AST SpaceMobile, by underscoring intensifying competition and potentially improving launch and satellite deployment capabilities. SpaceX Starship orbital deployment article
• Negative Sentiment: Reports that AST SpaceMobile’s COO sold 12,000 shares for approximately $707,000 may add to investor unease, particularly after the stock’s substantial longer-term gains. AST SpaceMobile COO share sale article

Analyst Upgrades and Downgrades

ASTS has been the topic of a number of recent analyst reports. Piper Sandler reduced their price target on shares of AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 11th. B. Riley Financial upgraded AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price target on the stock in a research report on Friday, July 17th. Scotiabank raised AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 price target for the company in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft set a $93.00 price objective on AST SpaceMobile in a research report on Wednesday, August 12th. Finally, UBS Group initiated coverage on AST SpaceMobile in a report on Wednesday, September 2nd. They set a “buy” rating on the stock. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $86.58.

AST SpaceMobile Stock Down 2.6%

The firm’s 50-day simple moving average is $62.96 and its 200 day simple moving average is $77.59. 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 company has a market cap of $23.12 billion, a P/E ratio of -27.76 and a beta of 2.74.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings data on Monday, August 10th. The company reported ($0.77) earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $34.53 million. During the same quarter in the prior year, the firm posted ($0.41) earnings per share. On average, research analysts forecast that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current fiscal year.

Insider Activity at AST SpaceMobile

In other AST SpaceMobile news, Director Adriana Cisneros purchased 10,822 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average cost of $57.22 per share, with a total value of $619,234.84. Following the completion of the transaction, the director owned 797,023 shares in the company, 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 Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Shanti B. Gupta sold 12,000 shares of AST SpaceMobile stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $58.89, for a total value of $706,680.00. Following the completion of the transaction, the chief operating officer directly owned 462,980 shares of the company’s stock, valued at $27,264,892.20. This represents a 2.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 20.89% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Compass Financial Management LLC acquired a new stake in AST SpaceMobile during the 2nd quarter worth about $26,000. Cornerstone Planning Group LLC boosted its stake in AST SpaceMobile by 16,350.0% during the 1st 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 stake in shares of AST SpaceMobile in the second quarter worth approximately $27,000. Continuum Advisory LLC bought a new position in shares of AST SpaceMobile in the second quarter valued at approximately $28,000. Finally, Portus Wealth Advisors LLC bought a new stake in AST SpaceMobile during the first quarter worth $30,000. Institutional investors own 60.95% of the company’s stock.

About AST SpaceMobile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard mobile phones directly to satellites without requiring specialized satellite phones or equipment. The company’s objective is to extend mobile connectivity to areas that lack reliable terrestrial cellular coverage, including remote and underserved regions.

Its system is built around the planned SpaceMobile satellite constellation, including BlueBird satellites equipped with large communications arrays.