AST SpaceMobile, Inc. $ASTS Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP cut its AST SpaceMobile stake by 76.6% in the second quarter, selling 94,498 shares and retaining 28,821 shares valued at $2.56 million. Institutional investors and hedge funds collectively own 60.95% of the stock.
• AST SpaceMobile reported a quarterly loss of $0.77 per share, missing analysts’ $0.32 consensus estimate, while revenue of $31.52 million also fell short of expectations. The company posted a negative net margin of 536.66%.
• Analyst opinions remain mixed: six rate ASTS a Buy, five a Hold and two a Sell, resulting in a consensus Hold rating and an average price target of $86.58.

Corient Private Wealth LP lessened its stake in AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) by 76.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,821 shares of the company's stock after selling 94,498 shares during the period. Corient Private Wealth LP's holdings in AST SpaceMobile were worth $2,561,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Calton & Associates Inc. raised its holdings in AST SpaceMobile by 0.8% in the 4th quarter. Calton & Associates Inc. now owns 13,579 shares of the company's stock worth $986,000 after purchasing an additional 104 shares during the period. Larson Financial Group LLC grew its position in shares of 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 purchasing an additional 144 shares during the period. Capital Advisors Ltd. LLC raised its position in shares of AST SpaceMobile by 6.6% during the 1st quarter. Capital Advisors Ltd. LLC now owns 2,638 shares of the company's stock worth $219,000 after purchasing an additional 164 shares during the last quarter. Hollencrest Capital Management increased its stake in AST SpaceMobile by 11.7% during the 1st quarter. Hollencrest Capital Management now owns 1,592 shares of the company's stock worth $132,000 after buying an additional 167 shares in the last quarter. Finally, TD Waterhouse Canada Inc. increased its stake in AST SpaceMobile by 15.5% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,404 shares of the company's stock worth $121,000 after buying an additional 188 shares in the last quarter. 60.95% of the stock is currently owned by institutional investors and hedge funds.

AST SpaceMobile Stock Performance

AST SpaceMobile stock opened at $63.69 on Wednesday. The firm has a 50 day simple moving average of $62.81 and a 200-day simple moving average of $78.42. The stock has a market cap of $24.79 billion, a price-to-earnings ratio of -29.76 and a beta of 2.74. The company has a debt-to-equity ratio of 1.24, a current ratio of 13.05 and a quick ratio of 12.90. AST SpaceMobile, Inc. has a 1-year low of $47.50 and a 1-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) EPS for the quarter, missing analysts' consensus estimates 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 business had revenue of $31.52 million during the quarter, compared to analysts' expectations of $34.53 million. During the same quarter in the prior year, the firm earned ($0.41) EPS. On average, analysts expect that AST SpaceMobile, Inc. will post -1.95 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ASTS shares. UBS Group initiated coverage on AST SpaceMobile in a research report on Wednesday, September 2nd. They issued a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft set a $93.00 target price on shares of AST SpaceMobile in a research report on Wednesday, August 12th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of AST SpaceMobile in a research note on Wednesday, June 24th. Piper Sandler cut their price objective on shares of AST SpaceMobile from $100.00 to $98.00 and set an "overweight" rating for the company in a report on Tuesday, August 11th. Finally, William Blair reaffirmed a "market perform" rating on shares of AST SpaceMobile in a report on Friday, May 29th. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $86.58.

Key Headlines Impacting AST SpaceMobile

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

• Positive Sentiment: Analysts and bullish commentators point to AST SpaceMobile’s rapidly expanding satellite network, a potential beta service, Japan’s involvement, and plans to scale toward roughly 45 satellites by early 2027. The company’s direct-to-smartphone broadband strategy and carrier relationships remain the core long-term investment thesis. Prediction: AST SpaceMobile Will Be the Best-Performing Space Stock of 2027
• Positive Sentiment: ASTS participated in a broader rally among space stocks, reflecting increased investor appetite for launch, satellite, and lunar-related companies. This sector momentum may be supporting the stock despite company-specific concerns. Space Stocks Rally
• Neutral Sentiment: Several law firms—including Rosen, Portnoy, Bernstein Liebhard, SBS, and Kaplan Fox—are reminding investors about an existing securities class action and the November 13, 2026 lead-plaintiff deadline. These notices primarily seek to recruit shareholders and do not represent separate new lawsuits in each case. Rosen Investor Notice
• Negative Sentiment: Pomerantz announced that a class action has been filed in federal court against AST SpaceMobile and certain officers on behalf of investors who purchased securities from March 4, 2025, through July 15, 2026. The litigation could create legal costs, reputational damage, and uncertainty over potential damages. Pomerantz Class Action Announcement
• Negative Sentiment: The complaint-related allegations reportedly include inadequate disclosure of slower user adoption in the United States and Japan and dilution tied to three $1 billion convertible-note offerings. These claims remain allegations, but they raise concerns about financing needs, shareholder dilution, and the pace of commercial commercialization. ASTS Shareholder Alert

Insiders Place Their Bets

In related news, Director Adriana Cisneros acquired 10,822 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average price of $57.22 per share, with a total value of $619,234.84. Following the transaction, the director owned 797,023 shares of the company's stock, valued at approximately $45,605,656.06. This trade represents a 1.38% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Shanti B. Gupta sold 12,000 shares of the firm'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 of the company's stock, valued at approximately $27,264,892.20. This represents a 2.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 20.89% of the stock is currently owned by insiders.

AST SpaceMobile Company Profile

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.

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