AST SpaceMobile (NASDAQ:ASTS) CTO Huiwen Yao Sells 40,000 Shares of Stock

AST SpaceMobile, Inc. (NASDAQ:ASTS) CTO Huiwen Yao sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $58.93, for a total value of $2,357,200.00. Following the completion of the transaction, the chief technology officer owned 34,750 shares in the company, valued at $2,047,817.50. This represents a 53.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

AST SpaceMobile Stock Up 5.8%

Shares of NASDAQ:ASTS opened at $62.71 on Friday. The business’s 50 day moving average is $63.32 and its 200 day moving average is $79.12. AST SpaceMobile, Inc. has a 12-month low of $40.15 and a 12-month high of $133.86. The stock 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 quick ratio of 12.90, a current ratio of 13.05 and a debt-to-equity ratio of 1.24.

AST SpaceMobile (NASDAQ:ASTS) last released its quarterly earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of $31.52 million during the quarter, compared to analysts’ expectations of $34.53 million. During the same period in the previous year, the company posted ($0.41) earnings per share. On average, sell-side analysts forecast that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current fiscal year.

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

Large investors have recently made changes to their positions in the business. Calton & Associates Inc. grew its holdings in shares of AST SpaceMobile by 0.8% during the fourth quarter. Calton & Associates Inc. now owns 13,579 shares of the company’s stock worth $986,000 after purchasing an additional 104 shares in the last quarter. Larson Financial Group LLC raised its stake in AST SpaceMobile by 39.0% in the fourth quarter. Larson Financial Group LLC now owns 513 shares of the company’s stock valued at $37,000 after purchasing an additional 144 shares in the last quarter. Capital Advisors Ltd. LLC lifted its position in AST SpaceMobile by 6.6% during the first quarter. Capital Advisors Ltd. LLC now owns 2,638 shares of the company’s stock valued at $219,000 after purchasing an additional 164 shares during the last quarter. Hollencrest Capital Management lifted its position in AST SpaceMobile by 11.7% during the first quarter. Hollencrest Capital Management now owns 1,592 shares of the company’s stock valued at $132,000 after purchasing an additional 167 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its stake in AST SpaceMobile by 15.5% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,404 shares of the company’s stock worth $121,000 after buying an additional 188 shares in the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on ASTS shares. Cantor Fitzgerald raised their price target on shares of AST SpaceMobile from $80.00 to $90.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. New Street Research set a $106.00 price objective on shares of AST SpaceMobile in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft set a $93.00 price objective on shares of AST SpaceMobile in a research note on Wednesday, August 12th. Scotiabank raised shares of AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 target price on the stock in a research report on Wednesday, July 29th. Finally, B. Riley Financial upgraded 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. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $86.58.

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.