Privium Fund Management B.V. Boosts Stake in AST SpaceMobile, Inc. $ASTS

Key Points

• Privium Fund Management raised its AST SpaceMobile stake by 31.8% in Q4 to 145,000 shares (worth $10.53M), making the stock about 1.9% of its portfolio and its 16th largest holding.
• Significant insider selling has occurred recently — including the CTO's sale of 40,000 shares and Hiroshi Mikitani's sale of 1,350,000 shares — with insiders selling 3,080,000 shares (~$274.5M) in the last 90 days, a potentially negative signal.
• Fundamentals and sentiment are mixed: Q1 revenue surged to $54.3M (well above estimates) but EPS missed, analysts’ average rating is "Reduce" with an average target of $82.51, and the stock shows high volatility (52-week range $22.47–$129.89, beta 2.60).

Privium Fund Management B.V. boosted its stake in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS - Free Report) by 31.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 145,000 shares of the company's stock after buying an additional 35,000 shares during the period. AST SpaceMobile accounts for about 1.9% of Privium Fund Management B.V.'s investment portfolio, making the stock its 16th biggest holding. Privium Fund Management B.V.'s holdings in AST SpaceMobile were worth $10,531,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Oppenheimer & Co. Inc. grew its stake in AST SpaceMobile by 48.0% in the third quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company's stock valued at $26,158,000 after purchasing an additional 172,759 shares during the last quarter. Mutual Advisors LLC purchased a new position in AST SpaceMobile in the third quarter valued at about $1,882,000. KPP Advisory Services LLC purchased a new position in AST SpaceMobile in the fourth quarter valued at about $1,649,000. M&T Bank Corp grew its position in shares of AST SpaceMobile by 1,062.9% in the 4th quarter. M&T Bank Corp now owns 77,994 shares of the company's stock worth $5,665,000 after buying an additional 71,287 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of AST SpaceMobile by 28.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 31,580 shares of the company's stock worth $1,550,000 after acquiring an additional 6,901 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company's stock.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: Analysts and screens point to the company having the setup to beat Q1 consensus due to strong revenue momentum and favorable telecom partnerships, which could support the stock if results and guidance impress. AST SpaceMobile, Inc. (ASTS) Expected to Beat Earnings Estimates
• Neutral Sentiment: Some value screens list ASTS among stocks trading materially below calculated intrinsic values, suggesting upside for longer-term, value-oriented investors — but this depends on execution and profitability improving. 3 Stocks Estimated To Be Trading Up To 49.9% Below Intrinsic Value
• Negative Sentiment: Recent proxy disclosures and market commentary have focused investor attention on whether ASTS can meet satellite-to-phone rollout milestones; doubts about execution timing are pressuring the share price. What's Going On With AST SpaceMobile Stock Today?
• Negative Sentiment: Insider selling picked up in April, which markets often view as a negative signal for insiders’ near-term confidence and can amplify downside when paired with execution risk. Leading Insider Sales: April Activity Ramps in These Stocks (ASTS)

Analyst Upgrades and Downgrades

Several research firms recently commented on ASTS. Deutsche Bank Aktiengesellschaft set a $117.00 price objective on shares of AST SpaceMobile in a research note on Wednesday, April 15th. UBS Group boosted their price objective on shares of AST SpaceMobile from $43.00 to $85.00 and gave the stock a "neutral" rating in a research note on Wednesday, March 4th. New Street Research set a $115.00 price objective on shares of AST SpaceMobile in a research note on Monday, April 20th. Zacks Research upgraded shares of AST SpaceMobile from a "strong sell" rating to a "hold" rating in a research note on Wednesday, March 4th. Finally, Scotiabank lowered shares of AST SpaceMobile from a "sector perform" rating to a "sector underperform" rating and set a $45.60 price objective for the company. in a research note on Wednesday, January 7th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $82.51.

Insider Transactions at AST SpaceMobile

In other news, CTO Huiwen Yao sold 40,000 shares of the business's stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $88.88, for a total transaction of $3,555,200.00. Following the sale, the chief technology officer owned 4,750 shares in the company, valued at approximately $422,180. The trade was a 89.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Hiroshi Mikitani sold 1,350,000 shares of the business's stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $86.22, for a total value of $116,397,000.00. Following the sale, the insider owned 27,980,155 shares in the company, valued at $2,412,448,964.10. The trade was a 4.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 3,080,000 shares of company stock worth $274,452,000 in the last 90 days. Insiders own 30.90% of the company's stock.

AST SpaceMobile Price Performance

Shares of ASTS stock opened at $63.87 on Wednesday. AST SpaceMobile, Inc. has a fifty-two week low of $22.47 and a fifty-two week high of $129.89. The firm has a market capitalization of $24.40 billion, a price-to-earnings ratio of -48.39 and a beta of 2.60. The company has a debt-to-equity ratio of 0.92, a quick ratio of 16.27 and a current ratio of 16.35. The stock's 50-day simple moving average is $86.52 and its 200-day simple moving average is $83.14.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.18) by ($0.08). AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The business had revenue of $54.31 million for the quarter, compared to analysts' expectations of $39.53 million. The business's revenue for the quarter was up 2731.3% compared to the same quarter last year. As a group, equities analysts forecast that AST SpaceMobile, Inc. will post -0.99 earnings per share for the current fiscal year.

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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