Scott Wisniewski Sells 25,904 Shares of AST SpaceMobile (NASDAQ:ASTS) Stock

Key Points

• AST SpaceMobile President Scott Wisniewski sold 25,904 shares on May 27 at an average price of $126.64, totaling about $3.28 million. After the sale, he still held 745,973 shares worth roughly $94.47 million.
• ASTS stock has surged recently, trading up to $129.60 and near its 12-month high of $131.20. The company’s market cap is now about $50.3 billion, though it remains unprofitable with a negative EPS and high volatility.
• Investor attention is focused on upcoming launches and long-term growth plans, including the company’s June launch plan and 2026 satellite deployment goal. At the same time, analysts continue to flag valuation, debt, and dilution risks despite bullish coverage of its direct-to-smartphone satellite strategy.

AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) President Scott Wisniewski sold 25,904 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $126.64, for a total value of $3,280,482.56. Following the completion of the sale, the president directly owned 745,973 shares of the company's stock, valued at approximately $94,470,020.72. This trade represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

AST SpaceMobile Stock Performance

AST SpaceMobile stock traded up $9.90 during mid-day trading on Wednesday, reaching $129.60. 36,192,251 shares of the company were exchanged, compared to its average volume of 22,112,492. AST SpaceMobile, Inc. has a twelve month low of $22.47 and a twelve month high of $131.20. The firm's 50-day simple moving average is $86.86 and its two-hundred day simple moving average is $84.60. The company has a debt-to-equity ratio of 1.11, a quick ratio of 18.37 and a current ratio of 18.47. The firm has a market cap of $50.30 billion, a PE ratio of -72.81 and a beta of 2.60.

AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported ($0.66) earnings per share for the quarter, missing analysts' consensus estimates of ($0.23) by ($0.43). AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The company had revenue of $14.74 million for the quarter, compared to analyst estimates of $39.01 million. During the same period in the previous year, the business posted ($0.20) earnings per share. The firm's revenue was up 1952.2% compared to the same quarter last year. Equities analysts predict that AST SpaceMobile, Inc. will post -1.47 earnings per share for the current fiscal year.

AST SpaceMobile News Summary

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

• Positive Sentiment: ASTS is drawing strong sector-wide buying as the upcoming SpaceX IPO is prompting investors to re-rate space infrastructure names higher. ASTS adds $10B in market cap on bold industry developments
• Positive Sentiment: The company’s June launch plan keeps its 2026 satellite deployment goal in focus, which supports the bullish case that ASTS is moving closer to commercial execution. AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
• Positive Sentiment: Coverage continues to highlight ASTS’s direct-to-smartphone satellite technology, FCC progress, and telecom partnerships as long-term growth drivers. Zacks Investment Ideas feature highlights: AST SpaceMobile
• Positive Sentiment: Investors are also focused on ASTS’s Vodafone joint venture and Europe’s push for satellite independence, which could expand demand for the company’s network. ASTS Stock Jumps Overnight: Europe’s Push Against Starlink Shines Spotlight On AST SpaceMobile’s Vodafone JV
• Neutral Sentiment: Social-media chatter and broader space-stock enthusiasm are adding momentum, but these headlines are more sentiment-driven than fundamental. Social Buzz: Wallstreetbets Stocks Mostly Advancing Pre-Bell Wednesday; Intuitive Machines, Rocket Lab to Open Higher
• Negative Sentiment: Some analysts are flagging valuation risk, debt from the recent convertible note issuance, and dilution concerns, which could limit upside if execution slows. The SpaceX IPO Frenzy Is Creating 2 Very Different Bets (ASTS)

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ASTS. Roth Mkm reaffirmed a "buy" rating and set a $108.00 price objective on shares of AST SpaceMobile in a research report on Tuesday, May 12th. Barclays increased their price objective on AST SpaceMobile from $60.00 to $65.00 and gave the stock an "underweight" rating in a research report on Thursday, April 9th. Wall Street Zen cut AST SpaceMobile from a "sell" rating to a "strong sell" rating in a research report on Wednesday, April 15th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of AST SpaceMobile in a research report on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft set a $117.00 price objective on AST SpaceMobile in a research report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Reduce" and an average price target of $79.45.

Institutional Trading of AST SpaceMobile

Several hedge funds have recently modified their holdings of the business. Western Wealth Management LLC lifted its holdings in shares of AST SpaceMobile by 105.3% in the 1st quarter. Western Wealth Management LLC now owns 9,961 shares of the company's stock valued at $825,000 after buying an additional 5,108 shares during the period. Bank of America Corp DE lifted its holdings in shares of AST SpaceMobile by 140.3% in the 1st quarter. Bank of America Corp DE now owns 1,644,246 shares of the company's stock valued at $136,259,000 after buying an additional 960,045 shares during the period. Amundi lifted its holdings in shares of AST SpaceMobile by 79.7% in the 1st quarter. Amundi now owns 223,765 shares of the company's stock valued at $18,543,000 after buying an additional 99,236 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of AST SpaceMobile by 251.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 721 shares of the company's stock valued at $60,000 after buying an additional 516 shares during the period. Finally, California State Teachers Retirement System lifted its holdings in shares of AST SpaceMobile by 26.5% in the 1st quarter. California State Teachers Retirement System now owns 261,676 shares of the company's stock valued at $21,685,000 after buying an additional 54,887 shares during the period. 60.95% of the stock is owned by institutional investors and hedge funds.

About AST SpaceMobile

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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