AST SpaceMobile (NASDAQ:ASTS) CTO Sells $3,555,200.00 in Stock

Key Points

• CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile at an average price of $88.88 for a total of $3,555,200, cutting their stake by 89.39% to 4,750 shares, according to an SEC filing.
• Mixed financials: the company reported a Q1 loss (EPS -$0.26) that missed estimates but posted revenue of $54.31M (a 2,731% YoY increase); AST remains unprofitable with a negative net margin and a market cap around $33.2B.
• Outlook and sentiment split: near-term catalysts include the BlueBird‑7 launch and operational updates, but Wall Street is mixed (consensus rating "Reduce" with an average price target of $63.77) and analysts warn of valuation and long payback risks for direct‑to‑device services.

AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction 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 transaction, the chief technology officer owned 4,750 shares in the company, valued at approximately $422,180. This trade represents a 89.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

AST SpaceMobile Price Performance

NASDAQ:ASTS opened at $86.98 on Wednesday. The business's 50-day simple moving average is $95.97 and its two-hundred day simple moving average is $77.92. AST SpaceMobile, Inc. has a 52 week low of $18.22 and a 52 week high of $129.89. The stock has a market cap of $33.23 billion, a PE ratio of -65.89 and a beta of 2.77. The company has a quick ratio of 16.27, a current ratio of 16.35 and a debt-to-equity ratio of 0.92.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last released its quarterly earnings data 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 business had revenue of $54.31 million during the quarter, compared to the consensus estimate 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 for the quarter was up 2731.3% compared to the same quarter last year. As a group, analysts forecast that AST SpaceMobile, Inc. will post -0.4 EPS for the current fiscal year.

Institutional Inflows and Outflows

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

Wall Street Analyst Weigh In

ASTS has been the subject of a number of research analyst reports. 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 report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of AST SpaceMobile in a report on Tuesday, January 20th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of AST SpaceMobile in a research note on Monday, December 29th. B. Riley Financial reduced their price target on shares of AST SpaceMobile from $105.00 to $95.00 and set a "neutral" rating on the stock in a report on Friday, February 13th. Finally, UBS Group boosted 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. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average price target of $63.77.

More AST SpaceMobile News

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

• Positive Sentiment: Company presentation at the SATELLITE conference updated the BlueBird rollout timeline, reiterated partnerships with 50+ mobile network operators and clarified launch objectives — a constructive operational update that helps reduce uncertainty around commercial rollout. Article Title
• Positive Sentiment: Analysts/commentary point to the upcoming BlueBird‑7 launch as a clear near‑term catalyst that could materially advance the company’s direct‑to‑device service buildout if successful. Article Title
• Positive Sentiment: Market commentary suggests upside remains possible (one piece highlights the potential for a near‑term double‑digit pop), which can attract momentum buyers when technical resistance is re‑tested. Article Title
• Neutral Sentiment: Multiple short‑interest reports in March show meaningless/zero values (0 shares, NaN changes) across data feeds — this appears to be a reporting/data issue rather than a signal of fresh short pressure, so it should not be treated as actionable.
• Negative Sentiment: Industry coverage warns that direct‑to‑device (D2D) satellite services often deliver slow, incremental revenue gains and a long payback period, tempering longer‑term revenue expectations and justifying investor caution. Article Title
• Negative Sentiment: Some analysts/media pieces flag valuation risk — one roundup notes select Wall Street analysts expect steep downside for high‑flying space stocks, arguing ASTS may be priced for perfection, which can pressure the stock if execution slips. Article Title
• Negative Sentiment: Intraday volatility and short‑term technical weakness (several headlines note a ~4% intraday drop before partial recovery and trading back under the $100 area) are prompting profit‑taking and may trigger additional selling from momentum traders. Article Title

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.

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