AST SpaceMobile, Inc. $ASTS Shares Sold by Calamos Advisors LLC

Key Points

• Calamos Advisors cut its AST SpaceMobile stake by 51.5% in the third quarter, selling 98,300 shares and retaining 92,601 shares valued at $5.45 million. Institutional investors and hedge funds collectively own 60.95% of the stock.
• AST plans to develop its own 20-ton rocket to launch BlueBird satellites, backed by a three-year Firefly Aerospace agreement worth more than $1.3 billion. The company also has potential opportunities tied to a U.S. Space Force contract and commercial growth in Brazil.
• Investors face near-term uncertainty: AST’s quarterly results were due November 9, while a securities class action has a November 13 lead-plaintiff deadline. The article also reports that the CTO and COO sold shares in September.

Calamos Advisors LLC lessened its position in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) by 51.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 92,601 shares of the company's stock after selling 98,300 shares during the quarter. Calamos Advisors LLC's holdings in AST SpaceMobile were worth $5,450,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ASTS. Hollencrest Capital Management increased its stake in AST SpaceMobile by 11.7% during the first quarter. Hollencrest Capital Management now owns 1,592 shares of the company's stock worth $132,000 after acquiring an additional 167 shares during the last quarter. Byrne Asset Management LLC raised its position in AST SpaceMobile by 17.0% in the third quarter. Byrne Asset Management LLC now owns 1,170 shares of the company's stock valued at $67,000 after purchasing an additional 170 shares during the period. TD Waterhouse Canada Inc. raised its position in AST SpaceMobile by 15.5% in the second quarter. TD Waterhouse Canada Inc. now owns 1,404 shares of the company's stock valued at $121,000 after purchasing an additional 188 shares during the period. MGO One Seven LLC raised its position in AST SpaceMobile by 1.9% in the third quarter. MGO One Seven LLC now owns 12,536 shares of the company's stock valued at $738,000 after purchasing an additional 239 shares during the period. Finally, Salvus Wealth Management LLC lifted its stake in shares of AST SpaceMobile by 0.4% in the 3rd quarter. Salvus Wealth Management LLC now owns 70,662 shares of the company's stock valued at $4,159,000 after purchasing an additional 263 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting AST SpaceMobile

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

• Positive Sentiment: Major rocket and engine agreement: AST SpaceMobile plans to develop a 20-ton rocket, called Blacklift, to launch its BlueBird satellites. A three-year agreement with Firefly Aerospace, valued at more than $1.3 billion, covers engines, licensed technology and engineering support. Bringing launch capability in-house could help AST manage satellite deployment, but the plan will require successful development and execution. AST SpaceMobile rocket announcement Firefly engine deal details
• Positive Sentiment: Government and market opportunities: Recent coverage also points to a U.S. Space Force contract supporting space-based sensing, and potential commercial-service growth in Brazil. These could broaden AST’s opportunities beyond its core direct-to-phone service, though the provided reports offer limited detail on expected revenue or timing. Space Force contract Brazil growth discussion
• Neutral Sentiment: Near-term earnings catalyst: AST is scheduled to report third-quarter results after the market closes November 9. One report cites analyst expectations for a loss of $0.42 per share and revenue of $45.73 million; options pricing signals that traders expect a potentially sharp move in either direction. Earnings and options expectations
• Negative Sentiment: Securities class action: Multiple law firms are publicizing a filed lawsuit on behalf of investors who purchased AST securities from March 4, 2025, through July 15, 2026. The allegations are not proven, but the litigation creates reputational and potential legal-cost risks; November 13 is the lead-plaintiff deadline. Class action deadline notice

Insider Buying and Selling at AST SpaceMobile

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the company's stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.93, for a total transaction of $2,357,200.00. Following the transaction, the chief technology officer directly owned 34,750 shares in the company, valued at $2,047,817.50. This represents a 53.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Shanti Gupta sold 12,000 shares of the company's stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $58.89, for a total value of $706,680.00. Following the transaction, the chief operating officer owned 462,980 shares in the company, valued at $27,264,892.20. This trade represents a 2.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 20.89% of the stock is owned by corporate insiders.

AST SpaceMobile Stock Performance

Shares of ASTS stock opened at $32.33 on Monday. The company has a debt-to-equity ratio of 1.24, a quick ratio of 12.90 and a current ratio of 13.05. The firm has a market cap of $12.58 billion, a P/E ratio of -15.11 and a beta of 2.88. The firm's 50 day moving average price is $52.17 and its 200-day moving average price is $76.01. AST SpaceMobile, Inc. has a one year low of $27.58 and a one year high of $133.86.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.32) by ($0.45). AST SpaceMobile had a negative net margin of 536.66% and a negative return on equity of 22.88%. The company had revenue of $31.52 million during the quarter, compared to analyst estimates of $34.53 million. During the same quarter last year, the business posted ($0.41) EPS. As a group, equities research analysts predict that AST SpaceMobile, Inc. will post -1.91 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft raised AST SpaceMobile from a "hold" rating to a "buy" rating and set a $93.00 price target on the stock in a research note on Monday, October 12th. Piper Sandler downgraded AST SpaceMobile from an "overweight" rating to a "neutral" rating and cut their price objective for the stock from $98.00 to $54.00 in a research report on Tuesday, October 13th. Royal Bank Of Canada lowered shares of AST SpaceMobile to a "sector perform" rating in a report on Friday, October 2nd. B. Riley Financial lowered shares of AST SpaceMobile from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $85.00 to $65.00 in a report on Friday, October 2nd. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of AST SpaceMobile in a research report on Monday, September 21st. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $80.67.

AST SpaceMobile Company Profile

AST SpaceMobile, Inc develops a space-based cellular broadband network designed to connect directly with standard mobile phones, without requiring users to purchase specialized satellite devices. Its planned services include voice calls, text messaging and mobile broadband, delivered through partnerships with mobile network operators and integrated with their existing networks.

The company is developing and deploying its BlueBird satellite system to provide coverage in areas where terrestrial cellular networks are unavailable or limited.

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.