Calton & Associates Inc. Acquires New Holdings in AST SpaceMobile, Inc. $ASTS

Calton & Associates Inc. bought a new position in AST SpaceMobile, Inc. (NASDAQ:ASTS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 13,475 shares of the company’s stock, valued at approximately $661,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in shares of AST SpaceMobile by 11.8% in the first quarter. AQR Capital Management LLC now owns 34,548 shares of the company’s stock valued at $786,000 after purchasing an additional 3,642 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in 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 last quarter. Millennium Management LLC raised its holdings in AST SpaceMobile by 16.1% in the 1st quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock worth $10,634,000 after acquiring an additional 64,989 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in 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 worth $7,405,000 after acquiring an additional 49,811 shares during the last quarter. Finally, Strs Ohio acquired a new position in AST SpaceMobile during the 1st quarter worth $168,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

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%

ASTS opened at $82.51 on Monday. The company has a market capitalization of $30.28 billion, a P/E ratio of -66.54 and a beta of 2.70. 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’s fifty day moving average price is $91.56 and its two-hundred day moving average price is $70.36. AST SpaceMobile, Inc. has a fifty-two week low of $18.22 and a fifty-two week high of $129.89.

Insiders Place Their Bets

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $349,220. This trade represents a 89.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Maya Bernal sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $73.76, for a total value of $442,560.00. Following the completion of the sale, the chief accounting officer owned 122,486 shares in the company, valued at approximately $9,034,567.36. This represents a 4.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 2,765 shares of company stock valued at $187,236 and have sold 2,354,621 shares valued at $164,348,075. Insiders own 30.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. B. Riley Securities dropped their price objective on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a research note on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, December 29th. Scotiabank cut AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective for the company. in a research report on Wednesday, January 7th. B. Riley Financial reaffirmed a “neutral” rating on shares of AST SpaceMobile in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $51.83.

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.