Raiffeisen Bank International AG Purchases 53,531 Shares of AST SpaceMobile, Inc. $ASTS

Raiffeisen Bank International AG raised its position in AST SpaceMobile, Inc. (NASDAQ:ASTS) by 41.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,531 shares of the company’s stock after buying an additional 53,531 shares during the period. Raiffeisen Bank International AG’s holdings in AST SpaceMobile were worth $15,751,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its holdings in shares of AST SpaceMobile by 16,350.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock worth $27,000 after acquiring an additional 327 shares in the last quarter. Grove Bank & Trust acquired a new stake in AST SpaceMobile during the 2nd quarter valued at $27,000. Continuum Advisory LLC acquired a new stake in AST SpaceMobile during the 2nd quarter valued at $28,000. Acumen Wealth Advisors LLC bought a new position in AST SpaceMobile in the 4th quarter valued at $29,000. Finally, Harvest Fund Management Co. Ltd bought a new position in AST SpaceMobile in the 3rd quarter valued at $29,000. 60.95% of the stock is owned by institutional investors.

Insider Transactions at AST SpaceMobile

In other AST SpaceMobile news, Director Adriana Cisneros bought 10,822 shares of the business’s stock in a transaction on Monday, August 31st. The shares were bought at an average cost of $57.22 per share, for a total transaction of $619,234.84. Following the transaction, the director owned 797,023 shares in the company, valued at approximately $45,605,656.06. This trade represents a 1.38% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Andrew Johnson sold 45,809 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $93.81, for a total transaction of $4,297,342.29. Following the completion of the transaction, the chief financial officer directly owned 503,619 shares in the company, valued at $47,244,498.39. This trade represents a 8.34% decrease in their position. The disclosure for this sale is available in the SEC filing. 20.89% of the stock is owned by company insiders.

Analysts Set New Price Targets

ASTS has been the topic of several research analyst reports. Scotiabank upgraded AST SpaceMobile from a “sector underperform” rating to a “sector perform” rating and set a $50.80 target price on the stock in a report on Wednesday, July 29th. Berenberg Bank initiated coverage on AST SpaceMobile in a report on Wednesday. They issued a “buy” rating and a $92.00 price target for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Wednesday, June 24th. Piper Sandler decreased their price objective on shares of AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating on the stock in a report on Tuesday, August 11th. Finally, B. Riley Financial upgraded shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 price objective for the company in a research report on Friday, July 17th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $86.58.

AST SpaceMobile Stock Down 0.4%

NASDAQ:ASTS opened at $62.13 on Friday. The company has a market cap of $24.18 billion, a price-to-earnings ratio of -29.03 and a beta of 2.74. 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 stock’s fifty day moving average price is $67.19 and its two-hundred day moving average price is $80.67. AST SpaceMobile, Inc. has a 52-week low of $36.08 and a 52-week high of $133.86.

AST SpaceMobile (NASDAQ:ASTS) last released its earnings results on Monday, August 10th. The company reported ($0.77) EPS 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 firm had revenue of $31.52 million during the quarter, compared to analyst estimates of $34.53 million. During the same period last year, the business posted ($0.41) earnings per share. On average, analysts anticipate that AST SpaceMobile, Inc. will post -1.95 EPS for the current year.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: Berenberg initiated coverage of AST SpaceMobile (ASTS) with a Buy rating and a $92 price target, implying substantial upside from recent levels. The firm’s broader space-sector coverage reflects growing institutional interest in satellite communications and orbital infrastructure. Berenberg initiates coverage of AST SpaceMobile
• Positive Sentiment: Director Adriana Cisneros purchased 10,822 ASTS shares for approximately $619,235 at an average price of $57.22, increasing her holdings to 797,023 shares. The open-market purchase may reassure investors about insider confidence in the company’s long-term prospects. AST SpaceMobile insider purchase
• Positive Sentiment: Regulatory progress remains a potential catalyst: the FCC authorized testing of 800 MHz connectivity, while Japan’s Radio Regulatory Council endorsed a 700 MHz framework for Rakuten and AST SpaceMobile’s network. Carrier partnerships and the planned US Mobile service launch could support future commercialization. FCC progress and BlueBird satellite outlook
• Neutral Sentiment: Seeking Alpha maintained a bullish view, arguing that the recent selloff has gone too far and that AST SpaceMobile could target approximately $1 billion in first-year commercial revenue. However, that outlook depends on deploying 45 BlueBird satellites and meeting ambitious 2027 operating targets. AST SpaceMobile selloff analysis
• Negative Sentiment: AST SpaceMobile moved its target for 45 satellites from late 2026 to early 2027. The delay raises concerns about manufacturing execution, launch timing and the company’s ability to begin commercial revenue on schedule. AST SpaceMobile commercial launch delay
• Negative Sentiment: The company’s latest quarterly results missed expectations: an adjusted loss of $0.77 per share versus an expected loss of $0.32, and revenue of $31.52 million versus $34.53 million expected. Heavy cash burn, possible dilution and prior insider-selling concerns continue to pressure the valuation. AST SpaceMobile financial concerns
• Negative Sentiment: Kessler Topaz Meltzer & Check is investigating potential federal securities-law violations involving ASTS. The announcement does not establish wrongdoing, but it adds headline and litigation risk after the stock’s steep decline since May. AST SpaceMobile investigation alert

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.