AST SpaceMobile, Inc. $ASTS Shares Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC boosted its stake in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) by 805.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 67,931 shares of the company’s stock after buying an additional 60,426 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in AST SpaceMobile were worth $3,334,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. AQR Capital Management LLC increased its position in AST SpaceMobile by 11.8% during the first quarter. AQR Capital Management LLC now owns 34,548 shares of the company’s stock worth $786,000 after purchasing an additional 3,642 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of AST SpaceMobile by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,764 shares of the company’s stock valued at $1,814,000 after buying an additional 3,515 shares during the period. Millennium Management LLC increased its holdings in shares of AST SpaceMobile by 16.1% during the 1st quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock worth $10,634,000 after buying an additional 64,989 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of AST SpaceMobile by 18.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 325,621 shares of the company’s stock valued at $7,405,000 after buying an additional 49,811 shares during the period. Finally, Strs Ohio acquired a new position in AST SpaceMobile in the first quarter valued at approximately $168,000. 60.95% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ASTS. Scotiabank cut AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target for the company. in a report on Wednesday, January 7th. B. Riley Financial lowered their target price on shares of AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. UBS Group increased their price objective on shares of AST SpaceMobile from $43.00 to $85.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, AST SpaceMobile presently has an average rating of “Reduce” and an average target price of $63.77.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: TELUS commercial agreement expands ASTS’s addressable market in Canada and provides a clear revenue pathway for consumer services and enterprise/government use cases. Read More.
• Positive Sentiment: Quarterly revenue materially beat expectations (huge YoY growth, cited as ~2,758% in coverage) and the company reports ample liquidity (~$3.9B), reducing near-term financing risk while validating commercial traction. Read More.
• Positive Sentiment: Operational progress — BlueBird 6 launch and contract wins (U.S. Space Development Agency and carrier partnerships such as Orange) push ASTS toward a hybrid commercial/defense revenue mix and improve long-term addressable market credibility. Read More.
• Neutral Sentiment: UBS raised its price target from $43 to $85 but maintained a “neutral” rating — a vote of improved valuation assumptions but not a full buy endorsement (UBS’s PT is below some intraday trading levels). Read More.
• Neutral Sentiment: Recent media coverage and momentum pieces highlight ASTS as a top mover in the space sector (helpful for retail interest and liquidity, but not fundamental on its own). Read More.
• Neutral Sentiment: Short-interest data in the filings appear inconsistent/zeroed (likely a data/reporting artifact), so there’s no clear evidence of elevated short pressure currently.
• Negative Sentiment: Q4 results showed a larger net loss than Wall Street expected (loss vs. forecast), and EPS missed estimates — underlines that scaling and cost control remain challenges even with revenue growth. Read More.
• Negative Sentiment: Analyst commentary highlights widening losses and rising costs despite top-line expansion, keeping profitability timelines uncertain and sustaining a negative reported margin profile. Read More.

AST SpaceMobile Trading Up 13.2%

Shares of NASDAQ:ASTS opened at $104.89 on Thursday. AST SpaceMobile, Inc. has a 52 week low of $18.22 and a 52 week high of $129.89. The company’s 50 day moving average is $94.38 and its two-hundred day moving average is $73.50. The company has a market cap of $38.50 billion, a PE ratio of -79.46 and a beta of 2.77. The company has a current ratio of 16.35, a quick ratio of 9.48 and a debt-to-equity ratio of 0.92.

AST SpaceMobile (NASDAQ:ASTS) last issued its earnings results on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08). AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The firm had revenue of $54.31 million for the quarter, compared to analyst estimates of $39.53 million. The company’s quarterly revenue was up 2731.3% compared to the same quarter last year. Equities analysts predict that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current fiscal year.

Insider Activity

In other AST SpaceMobile news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the sale, the insider owned 211,379 shares of the company’s stock, valued at approximately $14,743,685.25. This trade represents a 91.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction 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 transaction, the chief technology officer owned 4,750 shares of the company’s stock, valued at approximately $349,220. The trade was a 89.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have bought 2,015 shares of company stock valued at $149,144 and have sold 2,344,621 shares valued at $163,788,075. 30.90% of the stock is owned by company insiders.

About AST SpaceMobile

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.