AST SpaceMobile (NASDAQ:ASTS) Major Shareholder Sells $154,499,800.00 in Stock

AST SpaceMobile, Inc. (NASDAQ:ASTS) major shareholder Hiroshi Mikitani sold 1,690,000 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $91.42, for a total value of $154,499,800.00. Following the transaction, the insider directly owned 29,330,155 shares in the company, valued at $2,681,362,770.10. This trade represents a 5.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Hiroshi Mikitani also recently made the following trade(s):

• On Wednesday, April 15th, Hiroshi Mikitani sold 1,350,000 shares of AST SpaceMobile stock. The stock was sold at an average price of $86.22, for a total value of $116,397,000.00.

AST SpaceMobile Stock Down 5.9%

NASDAQ ASTS opened at $85.53 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 16.35 and a quick ratio of 16.27. The stock has a market capitalization of $32.67 billion, a PE ratio of -64.79 and a beta of 2.81. AST SpaceMobile, Inc. has a 1 year low of $20.26 and a 1 year high of $129.89. The business’s 50-day moving average is $88.90 and its 200 day moving average is $83.34.

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

Institutional Trading of AST SpaceMobile

Large investors have recently bought and sold shares of the company. REAP Financial Group LLC bought a new position in AST SpaceMobile during the 3rd quarter valued at approximately $25,000. Crewe Advisors LLC bought a new stake in AST SpaceMobile in the fourth quarter worth $25,000. Laurel Wealth Advisors LLC purchased a new stake in shares of AST SpaceMobile in the fourth quarter worth $25,000. Byrne Asset Management LLC purchased a new stake in shares of AST SpaceMobile in the fourth quarter worth $29,000. Finally, Acumen Wealth Advisors LLC purchased a new stake in shares of AST SpaceMobile in the fourth quarter worth $29,000. 60.95% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on ASTS shares. Zacks Research raised AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. UBS Group lifted their price objective on AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. B. Riley Financial cut their price objective on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Scotiabank cut AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective on the stock. in a research report on Wednesday, January 7th. Finally, Wall Street Zen cut AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $77.10.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: BlueBird‑7 launch scheduled for April 19 — a proximate operational catalyst that could validate ASTS technology and reduce execution uncertainty if successful; company invited qualified retail shareholders to attend the live launch. AST SpaceMobile Announces BlueBird 7 Launch Date
• Positive Sentiment: High‑profile endorsement — Jim Cramer spoke favorably about ASTS on Mad Money (“Let’s own this one”), which can stimulate retail buying and short‑term momentum. Jim Cramer on AST SpaceMobile: “Let’s Own This One”
• Positive Sentiment: Improved commercial outlook and liquidity cited — analysis highlights FY25 revenue growth, FY26 guidance ($150–$200M) and a path to $1B by FY27, plus a $1.2B contracted backlog and ~$3.9B in liquidity, which reduces near‑term dilution risk. AST SpaceMobile: From Cash Burn To Dominance
• Positive Sentiment: Institutional accumulation reported — recent filings show large asset managers (Vanguard, Morgan Stanley, State Street) increasing positions, which supports longer‑term demand for shares. MarketBeat ASTS profile
• Neutral Sentiment: Unusual options activity — call open interest spiked (~172,934 calls bought, ~39% above average), indicating elevated bullish speculation or hedging but not guaranteeing directional follow‑through. (no direct article link)
• Neutral Sentiment: Investors are re‑pricing the sector after Amazon’s Globalstar deal; some early buying as the market digests competitive implications and what it means for spectrum value and partner strategies. AST SpaceMobile shares climb as investors digest Amazon’s Globalstar deal
• Negative Sentiment: Major insider selling — billionaire shareholder Hiroshi Mikitani disclosed multi‑day sales totaling several million shares (sales at avg. ~$86–$91), a meaningful reduction in his stake that can create selling pressure and signal liquidity needs. SEC ownership filing
• Negative Sentiment: Analyst downgrade / negative notes — at least one downgrade and critical takes on competitive/regulatory risk have been published, which can prompt short‑term selling and tighten margin for error ahead of the launch. AST SpaceMobile Trading Down After Analyst Downgrade
• Negative Sentiment: Competitive risk from Amazon/Globalstar — a deep‑pocketed entrant and spectrum consolidation raise the stakes for market share and spectrum access, a structural headwind for ASTS if competition intensifies. Why AST SpaceMobile Stock Is Retreating After Amazon’s Globalstar Deal

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.