31,523 Shares in AST SpaceMobile, Inc. $ASTS Acquired by Arrowpoint Investment Partners Singapore Pte. Ltd.

Key Points

• Arrowpoint Investment Partners Singapore disclosed a new stake in AST SpaceMobile, buying 31,523 shares worth about $2.29 million in the fourth quarter. The position represents roughly 0.3% of its portfolio and its 26th-largest holding.
• AST SpaceMobile’s latest quarterly results missed expectations, with EPS of -$0.66 versus the -$0.23 estimate and revenue of $14.74 million versus the $39.01 million forecast. Even so, revenue jumped sharply year over year, and analysts still expect a loss for the full year.
• Sentiment remains mixed: several analysts have trimmed or downgraded their views, and the stock carries a consensus “Reduce” rating with an average price target of $81.33. Meanwhile, recent insider selling has been significant, with major shareholder Hiroshi Mikitani and CTO Huiwen Yao both reducing holdings.

Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 31,523 shares of the company's stock, valued at approximately $2,290,000. AST SpaceMobile makes up approximately 0.3% of Arrowpoint Investment Partners Singapore Pte. Ltd.'s investment portfolio, making the stock its 26th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. Calton & Associates Inc. lifted its position in shares of AST SpaceMobile by 0.8% during the 4th quarter. Calton & Associates Inc. now owns 13,579 shares of the company's stock worth $986,000 after buying an additional 104 shares during the last quarter. Investmark Advisory Group LLC grew its position in shares of AST SpaceMobile by 2.7% in the 4th quarter. Investmark Advisory Group LLC now owns 4,645 shares of the company's stock valued at $337,000 after buying an additional 120 shares during the last quarter. ORG Partners LLC raised its stake in AST SpaceMobile by 4.2% during the 4th quarter. ORG Partners LLC now owns 3,283 shares of the company's stock worth $238,000 after acquiring an additional 133 shares in the last quarter. Atlantic Union Bankshares Corp raised its stake in AST SpaceMobile by 18.2% during the 4th quarter. Atlantic Union Bankshares Corp now owns 923 shares of the company's stock worth $67,000 after acquiring an additional 142 shares in the last quarter. Finally, Larson Financial Group LLC lifted its position in AST SpaceMobile by 39.0% in the fourth quarter. Larson Financial Group LLC now owns 513 shares of the company's stock valued at $37,000 after acquiring an additional 144 shares during the last quarter. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

AST SpaceMobile Price Performance

Shares of NASDAQ:ASTS opened at $107.29 on Friday. AST SpaceMobile, Inc. has a one year low of $27.72 and a one year high of $133.86. The stock has a market capitalization of $41.64 billion, a price-to-earnings ratio of -60.28 and a beta of 2.70. The company has a 50-day simple moving average of $89.65 and a 200-day simple moving average of $86.66. The company has a debt-to-equity ratio of 1.11, a quick ratio of 18.37 and a current ratio of 18.47.

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

Insider Activity

In other AST SpaceMobile news, major shareholder Hiroshi Mikitani sold 1,690,000 shares of the business's stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $91.42, for a total transaction of $154,499,800.00. Following the transaction, the insider owned 29,330,155 shares in the company, valued at approximately $2,681,362,770.10. The trade was a 5.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CTO Huiwen Yao sold 40,000 shares of the firm's stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $88.88, for a total value of $3,555,200.00. Following the completion of the sale, the chief technology officer directly owned 4,750 shares of the company's stock, valued at $422,180. This represents a 89.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,100,000 shares of company stock worth $276,048,350 in the last 90 days. Corporate insiders own 20.89% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on ASTS. B. Riley Financial upped their price objective on shares of AST SpaceMobile from $75.00 to $85.00 and gave the company a "neutral" rating in a research note on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft downgraded AST SpaceMobile from a "buy" rating to a "hold" rating and reduced their target price for the company from $117.00 to $106.00 in a report on Friday, May 29th. William Blair reissued a "market perform" rating on shares of AST SpaceMobile in a research report on Friday, May 29th. Roth Mkm restated a "buy" rating and set a $108.00 price target on shares of AST SpaceMobile in a research note on Tuesday, May 12th. Finally, New Street Research set a $106.00 price target on AST SpaceMobile in a research report on Friday, May 29th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $81.33.

More AST SpaceMobile News

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

• Positive Sentiment: AST SpaceMobile’s reaffirmed 2026 guidance and progress on the BlueBird launch plan are supporting the bullish case that the company remains on track to scale its direct-to-device satellite network. AST SpaceMobile (ASTS) Valuation Check After Reaffirmed 2026 Guidance And BlueBird Launch Progress
• Positive Sentiment: Investor sentiment toward space stocks has improved more broadly, with the sector rallying after Redwire’s contract news and renewed enthusiasm tied to SpaceX’s IPO roadshow, which can provide a sympathy lift to ASTS. Redwire Has a Contract to Grow Strawberries in Space—and Space Stocks Are Soaring Yet Again
• Positive Sentiment: Top executives disclosed substantial shareholdings, which investors may view as a vote of confidence in AST SpaceMobile’s execution and long-term prospects. ASTS Stock Snaps 2-Day Losing Streak: Top Execs Hold Shares In Vote Of Confidence Amid Space Race Turbulence
• Neutral Sentiment: Coverage reiterates AST SpaceMobile as one of the more compelling space stocks to watch, but this is more of a sentiment backdrop than a fresh company-specific catalyst. Are You Waiting for the SpaceX IPO? Check Out These 3 Space Stocks Instead.
• Neutral Sentiment: AST SpaceMobile’s strong recent share performance has made valuation a bigger focus, which can create short-term volatility even if the launch story remains intact. AST SpaceMobile Trading Down 0.4%
• Negative Sentiment: Analysts highlighted competitive pressure from Starlink and broader macro risks, along with falling estimates, which are weighing on sentiment despite the upcoming BlueBird launch. ASTS Plagued by Competitive Pressure, Macro Risks: Time to Rethink?

AST SpaceMobile Company 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.

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