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68,856 Shares in AST SpaceMobile, Inc. $ASTS Purchased by Nykredit A S

AST SpaceMobile logo with Communication Services background
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Key Points

  • Nykredit A S acquired 68,856 AST SpaceMobile shares worth approximately $6.1 million in the second quarter. Institutional investors collectively own 60.95% of ASTS.
  • Analyst sentiment is mixed: six analysts rate the stock Buy, five Hold, and two Sell, resulting in an overall “Hold” rating and an average price target of $86.58.
  • AST SpaceMobile faces significant execution and investor risks, including a larger-than-expected quarterly loss, revenue below estimates, insider share sales, and a securities class-action lawsuit alleging misstatements about capital and liquidity.
  • Interested in AST SpaceMobile? Here are five stocks we like better.

Nykredit A S acquired a new stake in AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 68,856 shares of the company's stock, valued at approximately $6,119,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ASTS. Focus Partners Wealth lifted its position in shares of AST SpaceMobile by 8,016.7% during the 4th quarter. Focus Partners Wealth now owns 1,269,609 shares of the company's stock worth $92,000,000 after purchasing an additional 1,253,967 shares during the last quarter. ABN Amro Investment Solutions acquired a new stake in AST SpaceMobile in the first quarter valued at $996,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in AST SpaceMobile in the 4th quarter valued at approximately $2,290,000. KBC Group NV lifted its holdings in shares of AST SpaceMobile by 259.5% in the first quarter. KBC Group NV now owns 23,438 shares of the company's stock valued at $1,942,000 after purchasing an additional 16,918 shares in the last quarter. Finally, Bank of Nova Scotia acquired a new stake in shares of AST SpaceMobile during the first quarter worth $1,329,000. Hedge funds and other institutional investors own 60.95% of the company's stock.

AST SpaceMobile News Roundup

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

  • Positive Sentiment: Investor optimism centers on AST SpaceMobile’s goal of creating the first space-based cellular broadband network capable of connecting directly with standard smartphones. The company has 13 satellites in orbit and is working toward approximately 45 BlueBird satellites by early 2027, which could bring its service closer to meaningful commercial coverage. AST SpaceMobile Is Building Something the World Has Never Had
  • Positive Sentiment: Management reportedly continues to expand production through BlueBird 46, targeting a pace of about six satellites per month. The carrier-focused strategy and relationships that could provide access to roughly three billion subscribers remain key parts of the bullish investment case, despite increasing competition from SpaceX. AST SpaceMobile: The Next 30 Satellites Change Everything
  • Positive Sentiment: AST SpaceMobile benefited from a broader rally in space stocks, with investors also buying launch and lunar companies. Sector momentum likely supported ASTS trading activity independently of company-specific developments. Space Stocks Rally
  • Neutral Sentiment: Rising bond yields and weaker manufacturing data created a mixed market backdrop. Higher borrowing costs can pressure speculative growth stocks such as ASTS, although stronger technology and space-sector sentiment provided an offset. US Stock Market Today
  • Negative Sentiment: Several law firms publicized an already-filed securities class action covering investors who purchased ASTS shares from March 4, 2025, through July 15, 2026. The allegations include material misstatements or omissions concerning the company’s capital and liquidity; the claims have not been established in court. The lead-plaintiff deadline is November 13, 2026. ASTS Securities Class Action
  • Negative Sentiment: A separate report cited AST SpaceMobile shares declining after insider selling, adding to investor sensitivity around management transactions and valuation. AST SpaceMobile Shares Down After Insider Selling

Analysts Set New Price Targets

A number of analysts recently issued reports on ASTS shares. Weiss Ratings reissued a "sell (d-)" rating on shares of AST SpaceMobile in a research report on Wednesday, June 24th. Scotiabank upgraded shares of AST SpaceMobile from a "sector underperform" rating to a "sector perform" rating and set a $50.80 price objective for the company in a research note on Wednesday, July 29th. B. Riley Financial raised shares of AST SpaceMobile from a "neutral" rating to a "buy" rating and set a $85.00 price objective for the company in a research report on Friday, July 17th. UBS Group began coverage on shares of AST SpaceMobile in a research note on Wednesday, September 2nd. They issued a "buy" rating on the stock. Finally, New Street Research set a $106.00 price target on shares of AST SpaceMobile in a research report on Friday, May 29th. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $86.58.

Read Our Latest Stock Report on ASTS

Insider Buying and Selling at AST SpaceMobile

In other news, COO Shanti B. Gupta sold 12,000 shares of the business's stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $58.89, for a total transaction of $706,680.00. Following the sale, the chief operating officer owned 462,980 shares in the company, valued at $27,264,892.20. The trade was a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Huiwen Yao sold 40,000 shares of the business's stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of $58.93, for a total transaction of $2,357,200.00. Following the sale, the chief technology officer owned 34,750 shares in the company, valued at $2,047,817.50. This represents a 53.51% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 20.89% of the company's stock.

AST SpaceMobile Trading Up 5.8%

Shares of NASDAQ:ASTS opened at $61.89 on Tuesday. The company has a 50 day moving average of $62.91 and a 200-day moving average of $78.71. The company has a current ratio of 13.05, a quick ratio of 12.90 and a debt-to-equity ratio of 1.24. The firm has a market cap of $24.09 billion, a P/E ratio of -28.92 and a beta of 2.74. AST SpaceMobile, Inc. has a twelve month low of $45.22 and a twelve month high of $133.86.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by ($0.45). The business had revenue of $31.52 million during the quarter, compared to analyst estimates of $34.53 million. AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.During the same quarter last year, the firm posted ($0.41) EPS. As a group, analysts anticipate that AST SpaceMobile, Inc. will post -1.95 earnings per share for the current fiscal year.

AST SpaceMobile Company Profile

(Free Report)

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect standard, unmodified mobile phones directly to satellites. Its planned service is intended to extend mobile connectivity beyond the coverage of traditional terrestrial wireless networks, including in rural, remote and underserved areas.

The company's primary technology platform consists of large, low-Earth-orbit satellites known as BlueBirds. AST SpaceMobile is developing these satellites to provide voice, messaging and broadband data services through partnerships with mobile network operators, using existing cellular devices and spectrum where permitted.

Founded in 2017 and headquartered in Midland, Texas, AST SpaceMobile was established by Abel Avellan, who serves as its chairman and chief executive officer.

Featured Articles

Want to see what other hedge funds are holding ASTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report).

Institutional Ownership by Quarter for AST SpaceMobile (NASDAQ:ASTS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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