AST SpaceMobile (NASDAQ:ASTS) Major Shareholder Hiroshi Mikitani Sells 1,350,000 Shares

Key Points

• Hiroshi Mikitani sold 3.04 million AST SpaceMobile shares on April 14–15 for about $270.9 million (1.35M at $86.22 = $116.4M and 1.69M at $91.42 = $154.5M), leaving him with roughly 27.98 million shares (~$2.41B).
• ASTS shares traded near $90.94 with a market capitalization around $34.7 billion, but the company reported negative EPS (-$0.26) and wide negative margins; analysts' consensus is "Reduce" with an average target of $77.10.
• Near-term catalyst: the BlueBird 7 launch on April 19 could boost execution visibility, while competitive pressure (notably Amazon’s Globalstar deal), regulatory concerns and program delays remain significant downside risks.

AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) major shareholder Hiroshi Mikitani sold 1,350,000 shares of the firm's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $86.22, for a total value of $116,397,000.00. Following the transaction, 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.

Hiroshi Mikitani also recently made the following trade(s):

• On Tuesday, April 14th, Hiroshi Mikitani sold 1,690,000 shares of AST SpaceMobile stock. The stock was sold at an average price of $91.42, for a total value of $154,499,800.00.

AST SpaceMobile Stock Performance

Shares of ASTS stock traded up $4.03 during mid-day trading on Thursday, hitting $90.94. 18,009,980 shares of the stock were exchanged, compared to its average volume of 13,673,832. The stock's fifty day simple moving average is $89.22 and its two-hundred day simple moving average is $82.85. The stock has a market capitalization of $34.74 billion, a price-to-earnings ratio of -68.89 and a beta of 2.81. AST SpaceMobile, Inc. has a 12-month low of $20.26 and a 12-month high of $129.89. The company has a debt-to-equity ratio of 0.92, a quick ratio of 16.27 and a current ratio of 16.35.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last issued its quarterly earnings data 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). The firm had revenue of $54.31 million for the quarter, compared to analysts' expectations 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. On average, analysts forecast that AST SpaceMobile, Inc. will post -0.4 EPS for the current year.

More AST SpaceMobile News

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

• Positive Sentiment: BlueBird 7 launch set for April 19; retail shareholders invited to attend the live event — a near-term operational catalyst that could reduce execution uncertainty if successful and increase investor visibility. AST SpaceMobile Announces BlueBird 7 Launch Date
• Positive Sentiment: Strong commercial outlook and liquidity profile highlighted — analysis notes FY25 revenue growth, FY26 guidance of $150–$200M and a path to $1B by FY27, plus a $1.2B contracted backlog and $3.9B in liquidity, lowering near-term dilution and deployment risk. This underpins upside expectations. AST SpaceMobile: From Cash Burn To Dominance
• Neutral Sentiment: Some coverage frames broader satellite investment tailwinds (e.g., Apple satellite interest), which can be a secular positive for industry valuations even if not a direct revenue driver for ASTS yet. Apple Sends an SOS, Creating a New Orbital Opportunity (ASTS)
• Neutral Sentiment: Short-term market reaction described as “digesting” Amazon’s deal for Globalstar — some investors initially bid ASTS up while they reassess how Amazon/Globalstar changes the competitive landscape. AST SpaceMobile shares climb as investors digest Amazon's Globalstar deal
• Negative Sentiment: Amazon’s acquisition of Globalstar is viewed as a major competitive threat — larger, well-capitalized entrants increase pressure on spectrum access and market share, and prompted earlier sell-offs in ASTS. Why AST SpaceMobile Stock Is Retreating After Amazon's Globalstar Deal
• Negative Sentiment: Regulatory/competitive concerns and reported program delays have previously weighed on the stock — comments about a “three-way” race and lift-off uncertainties remain downside risks if execution hiccups recur. ASTS stock hits turbulence: FCC chief flags new 'three-way' race

Institutional Investors Weigh In On AST SpaceMobile

A number of institutional investors have recently added to or reduced their stakes in ASTS. Oppenheimer & Co. Inc. raised its position in shares of AST SpaceMobile by 48.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company's stock worth $26,158,000 after purchasing an additional 172,759 shares during the last quarter. Yarbrough Capital LLC raised its position in shares of AST SpaceMobile by 28.0% during the 3rd quarter. Yarbrough Capital LLC now owns 99,372 shares of the company's stock worth $4,877,000 after purchasing an additional 21,739 shares during the last quarter. Mutual Advisors LLC acquired a new position in shares of AST SpaceMobile during the 3rd quarter worth approximately $1,882,000. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in shares of AST SpaceMobile by 28.5% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 27,500 shares of the company's stock worth $1,350,000 after purchasing an additional 6,100 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of AST SpaceMobile by 28.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 31,580 shares of the company's stock worth $1,550,000 after purchasing an additional 6,901 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ASTS. Weiss Ratings reissued a "sell (d-)" rating on shares of AST SpaceMobile in a report on Friday, March 27th. Zacks Research raised AST SpaceMobile from a "strong sell" rating to a "hold" rating in a report on Wednesday, March 4th. Wall Street Zen lowered AST SpaceMobile from a "sell" rating to a "strong sell" rating in a report on Wednesday. B. Riley Financial lowered their price target on AST SpaceMobile from $105.00 to $95.00 and set a "neutral" rating on the stock in a report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft set a $117.00 price target on AST SpaceMobile in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average target price of $77.10.

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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