Insider Selling: AST SpaceMobile (NASDAQ:ASTS) Major Shareholder Sells $116,397,000.00 in Stock

AST SpaceMobile, Inc. (NASDAQ:ASTS) major shareholder Hiroshi Mikitani sold 1,350,000 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $86.22, for a total transaction of $116,397,000.00. Following the transaction, the insider owned 27,980,155 shares in the company, valued at approximately $2,412,448,964.10. This trade represents a 4.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, April 14th, Hiroshi Mikitani sold 1,690,000 shares of AST SpaceMobile stock. The stock was sold at an average price of $91.42, for a total transaction of $154,499,800.00.

AST SpaceMobile Trading Down 5.9%

NASDAQ:ASTS opened at $85.53 on Friday. AST SpaceMobile, Inc. has a 12 month low of $20.26 and a 12 month high of $129.89. The firm has a fifty day simple moving average of $88.90 and a 200-day simple moving average of $83.34. The company has a current ratio of 16.35, a quick ratio of 16.27 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $32.67 billion, a P/E ratio of -64.79 and a beta of 2.81.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing the consensus estimate 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 company 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. On average, equities research analysts anticipate that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current year.

Institutional Investors Weigh In On AST SpaceMobile

Hedge funds have recently added to or reduced their stakes in the business. Crewe Advisors LLC purchased a new stake in AST SpaceMobile in the fourth quarter valued at $25,000. Laurel Wealth Advisors LLC purchased a new stake in AST SpaceMobile in the fourth quarter valued at $25,000. Byrne Asset Management LLC purchased a new stake in AST SpaceMobile in the fourth quarter valued at $29,000. Acumen Wealth Advisors LLC purchased a new stake in AST SpaceMobile in the fourth quarter valued at $29,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in AST SpaceMobile in the fourth quarter valued at $33,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

Key AST SpaceMobile News

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

Analyst Upgrades and Downgrades

ASTS has been the topic of a number of recent research reports. Zacks Research upgraded AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft set a $117.00 price objective on shares of AST SpaceMobile in a research note on Wednesday. UBS Group upped their price objective on shares of AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a report on Wednesday, March 4th. Barclays increased their price objective on shares of AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a research note on Thursday, April 9th. Finally, Scotiabank downgraded shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 target price for the company. in a research report on Wednesday, January 7th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $77.10.

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.