AST SpaceMobile (NASDAQ:ASTS) Stock Price Down 8.5% on Insider Selling

Shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) traded down 8.5% on Thursday following insider selling activity. The company traded as low as $87.20 and last traded at $87.86. 13,104,530 shares traded hands during mid-day trading, a decline of 12% from the average session volume of 14,935,596 shares. The stock had previously closed at $96.06.

Specifically, CTO Huiwen Yao sold 40,000 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $88.88, for a total value of $3,555,200.00. Following the completion of the transaction, the chief technology officer directly owned 4,750 shares of the company’s stock, valued at $422,180. The trade was a 89.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. B. Riley Financial decreased 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, February 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a report on Tuesday, January 20th. Zacks Research upgraded shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Scotiabank lowered shares of 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. Finally, 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 research note on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, AST SpaceMobile currently has an average rating of “Reduce” and a consensus target price of $63.77.

AST SpaceMobile News Summary

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

• Positive Sentiment: Sector catalyst — reports that SpaceX could file for a very large IPO spurred a broad rally in space and satellite stocks, lifting demand for peers including ASTS. Space stocks rally on reports of SpaceX’s imminent IPO filing
• Positive Sentiment: Company fundamentals/near‑term catalyst — ASTS reported a stronger‑than‑expected Q4 revenue print and provided an updated BlueBird rollout timeline and a BlueBird‑7 launch update at SATELLITE 2026, supporting the view that commercial D2D service milestones may be approaching. AST SpaceMobile Is Up 5.9% After Q4 Revenue Beat And BlueBird 7 Launch Update
• Positive Sentiment: Broader sector momentum — other space names (e.g., Firefly, Rocket Lab) rallied the same sessions, amplifying flows into ASTS. This makes ASTS sensitive to sentiment swings in the sector. Firefly Aerospace Rockets Higher on Space Stocks Rally
• Neutral Sentiment: Trading context — analysts note elevated intraday volatility and a recent pullback from near‑$100; high volume can amplify moves but doesn’t replace fundamentals. Satellite Stock Could Soon Enjoy an Almost 20% Pop
• Negative Sentiment: Insider sale — CTO Huiwen Yao sold 40,000 shares (~$3.56M) on March 23, materially reducing his holdings; large insider disposals can unsettle some investors. Huiwen Yao insider sale
• Negative Sentiment: Analyst/valuation pressure — broker consensus has shifted toward “Reduce” and some analysts warn ASTS is priced for perfection; despite revenue growth the company missed EPS and runs wide negative margins, raising downside risk if launches or operator monetization slip. AST SpaceMobile Given Consensus Recommendation of “Reduce”
• Negative Sentiment: Execution risk — commentators caution that direct‑to‑device (D2D) services typically deliver incremental revenue over time; any delays in BlueBird launches or operator rollouts would hurt upside expectations. Protracted setup and sluggish payoff beckon D2D satellite services

AST SpaceMobile Price Performance

The company has a 50-day moving average of $95.99 and a two-hundred day moving average of $78.04. 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 $33.56 billion, a PE ratio of -66.56 and a beta of 2.77.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings results 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 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 analysts’ expectations of $39.53 million. The business’s revenue for the quarter was up 2731.3% on a year-over-year basis. Sell-side analysts predict that AST SpaceMobile, Inc. will post -0.4 EPS for the current fiscal year.

Institutional Investors Weigh In On AST SpaceMobile

Institutional investors have recently bought and sold shares of the stock. Crewe Advisors LLC acquired a new position in AST SpaceMobile during the fourth quarter worth approximately $25,000. Laurel Wealth Advisors LLC acquired a new position in shares of AST SpaceMobile in the 4th quarter valued at $25,000. Byrne Asset Management LLC purchased a new stake in shares of AST SpaceMobile during the 4th quarter valued at $29,000. Acumen Wealth Advisors LLC purchased a new stake in shares of AST SpaceMobile during the 4th quarter valued at $29,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of AST SpaceMobile during the 4th quarter worth $33,000. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

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.