Kingsview Wealth Management LLC Has $579,000 Holdings in AST SpaceMobile, Inc. $ASTS

Kingsview Wealth Management LLC increased its holdings in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) by 133.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,792 shares of the company’s stock after acquiring an additional 6,731 shares during the quarter. Kingsview Wealth Management LLC’s holdings in AST SpaceMobile were worth $579,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of ASTS. REAP Financial Group LLC acquired a new position in shares of AST SpaceMobile during the 3rd quarter worth approximately $25,000. Atlantic Union Bankshares Corp bought a new position in shares of AST SpaceMobile during the second quarter worth approximately $28,000. Geneos Wealth Management Inc. raised its position in shares of AST SpaceMobile by 225.0% in the third quarter. Geneos Wealth Management Inc. now owns 650 shares of the company’s stock valued at $32,000 after buying an additional 450 shares in the last quarter. Binnacle Investments Inc bought a new stake in shares of AST SpaceMobile in the second quarter valued at approximately $33,000. Finally, Hollencrest Capital Management bought a new stake in shares of AST SpaceMobile in the third quarter valued at approximately $39,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

ASTS has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, December 29th. B. Riley Financial reduced their target price on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. UBS Group upped 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, Scotiabank downgraded shares of 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 note on Wednesday, January 7th. 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.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $63.77.

AST SpaceMobile Stock Down 4.7%

NASDAQ ASTS opened at $89.47 on Friday. The business has a fifty day moving average price of $95.06 and a two-hundred day moving average price of $74.13. The stock has a market capitalization of $32.84 billion, a PE ratio of -67.78 and a beta of 2.77. AST SpaceMobile, Inc. has a fifty-two week low of $18.22 and a fifty-two week high of $129.89. The company has a debt-to-equity ratio of 0.92, a current ratio of 16.35 and a quick ratio of 9.48.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly 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). AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. The business had revenue of $54.31 million during the quarter, compared to the consensus estimate of $39.53 million. The company’s revenue for the quarter was up 2731.3% on a year-over-year basis. Equities analysts expect that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current fiscal year.

Key AST SpaceMobile News

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

• Positive Sentiment: TELUS commercial agreement expands ASTS’s addressable market in Canada and helped lift sentiment by validating operator demand for direct-to-cell service; this deal supports near-term revenue growth and rollout plans. TELUS Partners with AST SpaceMobile
• Positive Sentiment: Orange added AST SpaceMobile to its satellite roster and scheduled Europe D2C trials for late 2026 — another major operator endorsement that increases potential European commercial traction. Orange Adds AST SpaceMobile
• Positive Sentiment: ASTS reported meaningful 2025 revenue (~$70.9M), a growing pipeline (~$1.2B contracted backlog) and plans to launch 45–60 satellites by end‑2026 — operational proof that the business is scaling from pre‑revenue to commercial receipts. Seeking Alpha: AST SpaceMobile revenue and plans
• Positive Sentiment: Analyst coverage turned more constructive: Zacks moved ASTS from “strong sell” to “hold” and other upgrades sparked intraday rallies in recent sessions, indicating improving sell‑side sentiment can amplify momentum. Zacks upgrade Analyst upgrade article
• Neutral Sentiment: Media pieces highlight ASTS as a direct competitor to SpaceX’s Starlink (different product/market focus) — competition raises strategic questions but doesn’t remove near‑term operator contracts or revenue. ASTS vs Starlink
• Neutral Sentiment: Sector comparisons (e.g., vs. Rocket Lab) and broader market volatility (macro headlines) are contributing to mixed trading — investors are differentiating capital‑intensive launch plays. Fool comparison
• Negative Sentiment: Valuation and cash‑burn concerns remain: analysts warn ASTS’s premium multiple and high operating costs increase downside risk if cadence of deployments or operator rollouts slips. Zacks: 181% rise and risks
• Negative Sentiment: Profitability metrics are weak (negative EPS and very large negative margins reported recently), so any slowdown in operator conversions or higher launch costs could press the stock lower. Financials and risks
• Neutral Sentiment: Reported short‑interest data in feeds appears anomalous/zero — not a reliable signal this cycle; ignore until clarified by exchange filings.

Insider Activity at AST SpaceMobile

In other news, COO Shanti B. Gupta sold 10,000 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $77.34, for a total value of $773,400.00. Following the completion of the transaction, the chief operating officer owned 382,375 shares of the company’s stock, valued at approximately $29,572,882.50. This represents a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 completion of the sale, the insider owned 211,379 shares in the company, valued at approximately $14,743,685.25. The trade was a 91.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have acquired 2,015 shares of company stock valued at $149,144 over the last ninety days. 30.90% of the stock is owned by corporate 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.