Huiwen Yao Sells 40,000 Shares of AST SpaceMobile (NASDAQ:ASTS) Stock

AST SpaceMobile, Inc. (NASDAQ:ASTS) CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $88.88, for a total transaction of $3,555,200.00. Following the completion of the transaction, the chief technology officer directly owned 4,750 shares in the company, valued at approximately $422,180. The trade was a 89.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

AST SpaceMobile Stock Down 8.5%

Shares of ASTS stock opened at $87.86 on Friday. AST SpaceMobile, Inc. has a 12-month low of $18.22 and a 12-month high of $129.89. The company has a quick ratio of 16.27, a current ratio of 16.35 and a debt-to-equity ratio of 0.92. The firm has a fifty day moving average of $95.72 and a 200-day moving average of $78.11. The company has a market capitalization of $33.56 billion, a price-to-earnings ratio of -66.56 and a beta of 2.77.

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

Institutional Trading of AST SpaceMobile

A number of hedge funds and other institutional investors have recently modified their holdings of ASTS. Crewe Advisors LLC bought a new position in AST SpaceMobile in the fourth quarter valued at approximately $25,000. Laurel Wealth Advisors LLC bought a new stake in shares of AST SpaceMobile during the 4th quarter worth approximately $25,000. Byrne Asset Management LLC bought a new stake in shares of AST SpaceMobile during the 4th quarter worth approximately $29,000. Acumen Wealth Advisors LLC acquired a new stake in shares of AST SpaceMobile in the 4th quarter valued at approximately $29,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of AST SpaceMobile in the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

More AST SpaceMobile News

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

• Positive Sentiment: Broader-space rally: Reports that SpaceX may file a large IPO lifted demand for space and satellite names, providing a sector-wide tailwind for ASTS. Space stocks rally on reports of SpaceX’s imminent IPO filing
• Positive Sentiment: Operational progress & revenue beat: ASTS reported stronger-than-expected Q4 revenue and gave updates on the BlueBird program (BlueBird‑7), which investors view as the key near-term commercial catalyst if launches and operator hookups proceed. Q4 revenue beat and BlueBird 7 launch update
• Neutral Sentiment: Technical/volume context: The name has shown big intraday moves after a recent breakout attempt near $100 and elevated volume — this amplifies volatility and makes profit-taking more likely after rallies. Trading and volatility context
• Negative Sentiment: Insider selling: CTO Huiwen Yao sold 40,000 shares (~$3.56M) on March 23, materially reducing his stake — a notable disposal that can spook some investors even if it’s routine. CTO insider sale filing
• Negative Sentiment: Analyst/valuation headwinds: Broker consensus has shifted toward a “Reduce” view and several analysts warn the stock may be priced for perfection — ASTS still posts negative margins, missed EPS vs. consensus, and execution/monetization risks that could trigger downside if launches or operator deals slip. Consensus “Reduce” report
• Negative Sentiment: Profit-taking after rally: After multi-day gains tied to sector hype and positive company updates, some investors appear to be locking in gains, contributing to today’s pullback. Zacks on today’s dip

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. B. Riley Financial dropped their target price 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 downgraded AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target for the company. in a research report on Wednesday, January 7th. UBS Group raised their price target on shares of AST SpaceMobile from $43.00 to $85.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 4th. Zacks Research upgraded shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of AST SpaceMobile in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $63.77.

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.