Florida Financial Advisors LLC Has $593,000 Holdings in AST SpaceMobile, Inc. $ASTS

Florida Financial Advisors LLC lessened its stake in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) by 41.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,081 shares of the company’s stock after selling 8,468 shares during the quarter. Florida Financial Advisors LLC’s holdings in AST SpaceMobile were worth $593,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. REAP Financial Group LLC acquired a new stake in shares of AST SpaceMobile in the 3rd quarter valued at $25,000. Atlantic Union Bankshares Corp bought a new position in AST SpaceMobile during the 2nd quarter valued at about $28,000. Geneos Wealth Management Inc. lifted its holdings in AST SpaceMobile by 225.0% during the 3rd quarter. Geneos Wealth Management Inc. now owns 650 shares of the company’s stock valued at $32,000 after purchasing an additional 450 shares during the last quarter. Binnacle Investments Inc acquired a new position in AST SpaceMobile in the second quarter valued at about $33,000. Finally, Hollencrest Capital Management bought a new stake in AST SpaceMobile during the third quarter worth about $39,000. 60.95% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on ASTS shares. B. Riley Securities reduced their target price on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday. Zacks Research downgraded AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. Scotiabank cut AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 target price on the stock. in a report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. Finally, B. Riley Financial reiterated a “neutral” rating on shares of AST SpaceMobile in a research report on Friday. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $51.83.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: BlueBird 6 successfully unfolded in orbit, validating AST’s large aperture Block‑2 design, increasing confidence that its satellites can deliver 4G/5G to regular smartphones and unlocking commercial agreements and material revenue commitments. This materially reduces the company’s primary technical risk and supports the long‑term growth thesis. BlueBird 6 Unfolds
• Neutral Sentiment: AST priced repurchases of roughly $300M of convertible senior notes — a balance‑sheet cleanup that reduces some legacy liability but is being executed alongside new financing, so the net capital impact is mixed. Repurchases Priced
• Neutral Sentiment: Published short‑interest data in February shows zeros/NaN and a 0.0 days ratio — this appears to be a reporting anomaly and is not currently meaningful for near‑term positioning.
• Negative Sentiment: AST launched a $1.0B convertible note offering (due 2036) to fund its rollout; markets viewed the raise and the potential dilution/debt load negatively, triggering selling pressure. MarketWatch on $1B Raise
• Negative Sentiment: Pomerantz LLP announced an investor investigation into AST, which raises legal/monitoring risk and can weigh on sentiment. Pomerantz Investigation
• Negative Sentiment: Retail chatter and premarket selling intensified after the funding announcement; insiders have sold shares recently, which markets often interpret as a near‑term negative signal. MSN Retail Chatter Yahoo Insiders Selling
• Negative Sentiment: B. Riley cut its price target from $105 to $95 and moved to Neutral, which reduces upside perceived by some analysts. B. Riley Price Target Change

AST SpaceMobile Stock Up 0.4%

NASDAQ ASTS opened at $82.51 on Friday. The stock has a market capitalization of $30.28 billion, a P/E ratio of -66.54 and a beta of 2.70. AST SpaceMobile, Inc. has a 52 week low of $18.22 and a 52 week high of $129.89. The company has a debt-to-equity ratio of 0.43, a quick ratio of 9.48 and a current ratio of 9.56. The stock has a fifty day moving average of $91.56 and a 200-day moving average of $70.25.

Insider Activity

In other news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $73.52, for a total transaction of $2,940,800.00. Following the completion of the sale, the chief technology officer owned 4,750 shares in the company, valued at $349,220. The trade was a 89.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Keith R. Larson purchased 625 shares of AST SpaceMobile stock in a transaction dated Wednesday, December 24th. The stock was bought at an average price of $80.00 per share, for a total transaction of $50,000.00. Following the completion of the transaction, the director directly owned 2,015 shares in the company, valued at $161,200. The trade was a 44.96% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders purchased 2,765 shares of company stock worth $187,236 and sold 2,354,621 shares worth $164,348,075. 30.90% of the stock is owned by company insiders.

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.