Harvest Fund Management Co. Ltd Purchases 7,562 Shares of AST SpaceMobile, Inc. $ASTS

Harvest Fund Management Co. Ltd lifted its position in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) by 1,297.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,145 shares of the company’s stock after acquiring an additional 7,562 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in AST SpaceMobile were worth $592,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of AST SpaceMobile by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company’s stock worth $1,560,687,000 after acquiring an additional 1,568,292 shares during the period. Geode Capital Management LLC grew its stake in shares of AST SpaceMobile by 9.8% during the 4th quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company’s stock worth $328,749,000 after acquiring an additional 402,505 shares during the period. Norges Bank bought a new position in shares of AST SpaceMobile during the 4th quarter worth $198,270,000. Clear Street Group Inc. bought a new position in shares of AST SpaceMobile during the 3rd quarter worth $90,129,000. Finally, Northern Trust Corp grew its stake in shares of AST SpaceMobile by 18.1% during the 3rd quarter. Northern Trust Corp now owns 1,104,013 shares of the company’s stock worth $54,185,000 after acquiring an additional 168,832 shares during the period. Institutional investors own 60.95% of the company’s stock.

Key AST SpaceMobile News

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

• Positive Sentiment: Blue Origin may resume launches this year, a sign that space launch activity could recover sooner than expected and lift sentiment for AST SpaceMobile and other space-related stocks. Jeff Bezos Sees Blue Origin Launching Again This Year. That’s Good News for These Stocks.
• Positive Sentiment: Analysts and market commentary continue to highlight AST SpaceMobile’s upcoming BlueBird launch progress and reaffirmed 2026 guidance, which could keep investors focused on execution rather than just valuation. AST SpaceMobile (ASTS) Valuation Check After Reaffirmed 2026 Guidance And BlueBird Launch Progress
• Neutral Sentiment: Broader space-stock trading has been volatile, with earlier gains tied to SpaceX-related enthusiasm and later pullbacks as the trade cooled, adding noise around ASTS shares. Is It Time To Reassess AST SpaceMobile (ASTS) After Its Recent Price Swings?
• Negative Sentiment: Some commentary continues to flag competitive pressure from Starlink, macro risks, and falling estimates, which could cap upside even if launch-related sentiment improves. ASTS Plagued by Competitive Pressure, Macro Risks: Time to Rethink?

Insiders Place Their Bets

In other AST SpaceMobile news, CFO Andrew Martin Johnson sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $90.25, for a total value of $451,250.00. Following the sale, the chief financial officer owned 565,805 shares of the company’s stock, valued at $51,063,901.25. This trade represents a 0.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Hiroshi Mikitani sold 1,350,000 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $86.22, for a total value of $116,397,000.00. Following the completion of the sale, the insider directly owned 27,980,155 shares in the company, valued at approximately $2,412,448,964.10. The trade was a 4.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 3,100,000 shares of company stock worth $276,048,350. 20.89% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on ASTS. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Friday, March 27th. Barclays raised their target price on AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a research note on Thursday, April 9th. B. Riley Financial raised their target price on AST SpaceMobile from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 12th. William Blair restated a “market perform” rating on shares of AST SpaceMobile in a research note on Friday, May 29th. Finally, UBS Group cut their target price on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $81.33.

AST SpaceMobile Stock Down 12.8%

Shares of NASDAQ ASTS opened at $93.60 on Friday. AST SpaceMobile, Inc. has a 52 week low of $29.78 and a 52 week high of $133.86. The business has a 50-day simple moving average of $89.60 and a two-hundred day simple moving average of $86.71. The company has a quick ratio of 18.37, a current ratio of 18.47 and a debt-to-equity ratio of 1.11. The company has a market cap of $36.33 billion, a P/E ratio of -52.58 and a beta of 2.70.

AST SpaceMobile (NASDAQ:ASTS) last issued its earnings results on Monday, May 11th. The company reported ($0.66) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.43). AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The company had revenue of $14.74 million during the quarter, compared to the consensus estimate of $39.01 million. During the same quarter in the prior year, the business earned ($0.20) EPS. The firm’s revenue for the quarter was up 1952.2% compared to the same quarter last year. Research analysts anticipate that AST SpaceMobile, Inc. will post -1.47 earnings per share for the current fiscal year.

AST SpaceMobile 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.