AXQ Capital LP Has $975,000 Stock Holdings in AST SpaceMobile, Inc. $ASTS

Key Points

• AXQ Capital LP increased its stake in AST SpaceMobile by 48.6% in the fourth quarter, ending with 13,419 shares valued at about $975,000.
• Institutional ownership remains heavy, with large investors like Vanguard, Geode, and Norges Bank also adding to positions; overall, 60.95% of ASTS shares are held by institutions.
• AST SpaceMobile’s latest quarter showed mixed fundamentals: revenue jumped sharply year over year, but the company missed EPS and revenue estimates, while analysts currently rate the stock a Reduce on average.

AXQ Capital LP raised its stake in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) by 48.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,419 shares of the company's stock after purchasing an additional 4,391 shares during the quarter. AXQ Capital LP's holdings in AST SpaceMobile were worth $975,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of AST SpaceMobile by 7.9% in the 4th quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company's stock worth $1,560,687,000 after acquiring an additional 1,568,292 shares in the last quarter. Geode Capital Management LLC increased its holdings in AST SpaceMobile by 9.8% during the 4th quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company's stock valued at $328,749,000 after purchasing an additional 402,505 shares in the last quarter. Norges Bank acquired a new stake in AST SpaceMobile during the 4th quarter valued at $198,270,000. Clear Street Group Inc. bought a new position in AST SpaceMobile in the 3rd quarter valued at $90,129,000. Finally, Northern Trust Corp raised its position in AST SpaceMobile by 18.1% in the 3rd quarter. Northern Trust Corp now owns 1,104,013 shares of the company's stock valued at $54,185,000 after purchasing an additional 168,832 shares during the last quarter. 60.95% of the stock is currently owned by institutional investors.

AST SpaceMobile Price Performance

Shares of ASTS stock opened at $118.17 on Wednesday. The company has a quick ratio of 18.37, a current ratio of 18.47 and a debt-to-equity ratio of 1.11. AST SpaceMobile, Inc. has a 12-month low of $23.80 and a 12-month high of $133.86. The firm has a fifty day moving average of $88.29 and a 200-day moving average of $85.64. The firm has a market capitalization of $45.86 billion, a price-to-earnings ratio of -66.39 and a beta of 2.70.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $14.74 million during the quarter, compared to analyst estimates of $39.01 million. During the same quarter in the prior year, the firm posted ($0.20) earnings per share. AST SpaceMobile's revenue for the quarter was up 1952.2% compared to the same quarter last year. On average, equities research analysts forecast that AST SpaceMobile, Inc. will post -1.47 earnings per share for the current year.

Insider Transactions at AST SpaceMobile

In other AST SpaceMobile news, Director Julio A. Torres sold 15,000 shares of AST SpaceMobile stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $76.34, for a total value of $1,145,100.00. Following the sale, the director owned 43,239 shares of the company's stock, valued at $3,300,865.26. This trade represents a 25.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Huiwen Yao sold 40,000 shares of the company's stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $88.88, for a total value of $3,555,200.00. Following the transaction, the chief technology officer directly owned 4,750 shares of the company's stock, valued at approximately $422,180. This trade represents a 89.39% decrease in their position. 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. Company insiders own 20.89% of the company's stock.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile is getting a lift from the broader space-stock trade, with traders bidding up names in the sector ahead of the SpaceX IPO and on heightened retail interest. AST SpaceMobile stock surges Tuesday: What's happening?
• Positive Sentiment: A new Juniper Research study projects direct-to-cell users could rise sharply over the next several years, highlighting long-term market potential for satellite-to-phone services that includes AST SpaceMobile. Direct to Cell: Monthly Active Users to Reach Over 130 Million by 2031, But Usage Forecast to be Lower Than Anticipated
• Neutral Sentiment: Some market commentary notes ASTS is moving with a wider divergence in space stocks, with speculative trading and sector momentum driving sharp swings rather than a company-specific announcement. Virgin Galactic Crashes 32% on Settlement Dilution Fears, AST SpaceMobile Rises 10%, Planet Labs Climbs 9%
• Neutral Sentiment: Analyst chatter has also become a drag, with one note pushing the timeline for commercialization out to 2028 and saying intermittent coverage may not generate meaningful revenue in 2027, which keeps monetization concerns in focus. ASTS, RKLB, LUNR, RDW, RKTO Extend Slide Premarket After Blue Origin Blowup — Analyst Pushes AST Coverage Timeline To 2028
• Negative Sentiment: Broader space-sector weakness is also pressuring ASTS at times, as investors pull back from high-beta space names amid valuation cuts and risk-off sentiment. Space Stocks Slide Again As ETF Drops Nearly 10% In Two Days

Analyst Ratings Changes

Several brokerages have recently commented on ASTS. Zacks Research upgraded AST SpaceMobile from a "strong sell" rating to a "hold" rating in a report on Wednesday, March 4th. UBS Group reduced their price target on shares of AST SpaceMobile from $85.00 to $80.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 12th. New Street Research set a $106.00 price objective on shares of AST SpaceMobile in a report on Friday. Wall Street Zen cut shares of AST SpaceMobile from a "sell" rating to a "strong sell" rating in a research report on Wednesday, April 15th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of AST SpaceMobile in a research note on Friday, March 27th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, AST SpaceMobile currently has an average rating of "Reduce" and an average target price of $81.33.

AST SpaceMobile 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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