Exchange Traded Concepts LLC Buys New Shares in AST SpaceMobile, Inc. $ASTS

Exchange Traded Concepts LLC bought a new position in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 95,644 shares of the company’s stock, valued at approximately $4,694,000.

A number of other large investors have also bought and sold shares of the stock. State Board of Administration of Florida Retirement System raised its stake in AST SpaceMobile by 342.2% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 132,087 shares of the company’s stock worth $6,172,000 after buying an additional 102,217 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in AST SpaceMobile in the second quarter valued at approximately $21,754,000. State of New Jersey Common Pension Fund D increased its holdings in shares of AST SpaceMobile by 14.0% during the second quarter. State of New Jersey Common Pension Fund D now owns 77,159 shares of the company’s stock valued at $3,606,000 after acquiring an additional 9,448 shares in the last quarter. Sender Co & Partners Inc. raised its position in shares of AST SpaceMobile by 44.8% during the first quarter. Sender Co & Partners Inc. now owns 295,376 shares of the company’s stock worth $6,717,000 after purchasing an additional 91,352 shares during the period. Finally, Teacher Retirement System of Texas lifted its holdings in shares of AST SpaceMobile by 22.4% in the 2nd quarter. Teacher Retirement System of Texas now owns 28,664 shares of the company’s stock worth $1,339,000 after purchasing an additional 5,239 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

AST SpaceMobile Stock Performance

Shares of ASTS stock opened at $77.39 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 9.56 and a quick ratio of 9.48. The firm has a 50-day moving average of $69.25 and a 200-day moving average of $57.41. AST SpaceMobile, Inc. has a one year low of $17.50 and a one year high of $102.79. The company has a market cap of $28.40 billion, a P/E ratio of -62.41 and a beta of 2.76.

AST SpaceMobile (NASDAQ:ASTS) last released its quarterly earnings results on Monday, November 10th. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.27). The firm had revenue of $14.74 million for the quarter, compared to analysts’ expectations of $22.04 million. AST SpaceMobile had a negative return on equity of 27.76% and a negative net margin of 1,639.59%.The firm’s revenue for the quarter was up 1236.4% compared to the same quarter last year. During the same quarter last year, the firm posted ($1.10) earnings per share. Equities research analysts forecast that AST SpaceMobile, Inc. will post -0.4 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on ASTS. Zacks Research lowered shares of AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 21st. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Monday. Barclays downgraded shares of AST SpaceMobile from an “overweight” rating to an “underweight” rating and set a $60.00 target price for the company. in a research report on Friday, October 17th. UBS Group cut shares of AST SpaceMobile from a “buy” rating to a “neutral” rating and dropped their price target for the company from $62.00 to $43.00 in a research report on Tuesday, September 9th. Finally, Scotiabank upgraded AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $45.60 price target for the company in a research note on Monday, November 24th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $45.66.

Insider Transactions at AST SpaceMobile

In other news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at $14,743,685.25. This represents a 91.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Andrew Martin Johnson sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $56.00, for a total value of $560,000.00. Following the completion of the transaction, the chief financial officer owned 387,485 shares of the company’s stock, valued at $21,699,160. This trade represents a 2.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have bought 2,140 shares of company stock worth $137,236 and have sold 2,354,621 shares worth $164,348,075. 30.90% of the stock is currently owned by corporate insiders.

More AST SpaceMobile News

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

• Positive Sentiment: Successful orbital launch of BlueBird 6 — ASTS confirmed BlueBird 6 reached orbit; the company says it’s the largest commercial communications array deployed in LEO, advancing its space‑based cellular broadband capability and potential revenue path. This is a clear operational milestone that supports long‑term growth thesis. AST SpaceMobile Announces Successful Orbital Launch of BlueBird 6
• Positive Sentiment: Production ramp: BlueBirds 8–25 in production — AST says additional satellites are in production, indicating continued execution on fleet build-out that could support future service scale and commercialization. AST’s BlueBirds 8-25 in production
• Neutral Sentiment: Institutional mention from Crossroads Capital — a fund referenced ASTS in its investor letter; this indicates some institutional attention but no clear change to ownership or thesis disclosed in the note. Could matter if it signals growing investor conviction, but not immediately market‑moving. Crossroads Capital Investment Partners’ Updates on AST SpaceMobile (ASTS)
• Neutral Sentiment: Short‑interest report shows anomalous data — a December short‑interest entry reports “0 shares” and NaN changes, yielding a 0.0 days-to-cover figure; the number looks unreliable and shouldn’t be read as a genuine drop in shorting activity without corrected data. Investors should watch for clarified filings. (no external link)
• Negative Sentiment: Shares fell despite the launch — market coverage notes ASTS declined today even after BlueBird 6’s success, suggesting investors may have been expecting more (timing of commercialization, guidance, or revenue visibility) or are locking in gains after prior strong moves. AST SpaceMobile Falls Despite Successful Satellite Launch
• Negative Sentiment: Broader market weakness on Christmas Eve — U.S. futures were down, and macro pressure likely contributed to the stock’s decline as investors trimmed risk into year‑end; this is an external headwind rather than company‑specific news. Stock Market Today: Dow Jones, S&P 500 Futures Drop On Christmas Eve

AST SpaceMobile 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.