AST SpaceMobile Inc (NASDAQ: ASTS) is 33.41% higher on its value in year-to-date trading and has touched a low of $1.97 and a high of $39.08 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ASTS stock was last observed hovering at around $26.12 in the last trading session, with the day’s gains setting it 2.03%.
Currently trading at $28.15, the stock is -3.41% and 11.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.37 million and changing 7.77% at the moment leaves the stock 25.79% off its SMA200. ASTS registered 844.63% gain for a year compared to 6-month loss of 0.90%. The firm has a 50-day simple moving average (SMA 50) of $25.3552 and a 200-day simple moving average (SMA200) of $22.379375.
The stock witnessed a 1.96% gain in the last 1 month and extending the period to 3 months gives it a 15.56%, and is -15.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.39% over the week and 12.87% over the month.
AST SpaceMobile Inc (ASTS) has around 578 employees, a market worth around $8.91B and $4.42M in sales. Profit margin for the company is -6792.28%. Distance from 52-week low is 1328.93% and -27.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.36%).
with sales reaching $3.12M over the same period.The EPS is expected to grow by 52.77% this year, but quarterly earnings will post 1,074.32% year-over-year. Quarterly sales are estimated to grow 525.00% in year-over-year returns.
AST SpaceMobile Inc (ASTS) Top Institutional Holders
343.0 institutions hold shares in AST SpaceMobile Inc (ASTS), with institutional investors hold 44.21% of the company’s shares. The shares outstanding are 208.17M, and float is at 162.16M with Short Float at 27.92%. Institutions hold 33.65% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.57 million shares valued at $99.52 million. The investor’s holdings represent 7.0583% of the ASTS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.69 million shares valued at $77.61 million to account for 5.5045 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 7.45 million shares representing 5.2802% and valued at over $86.55 million, while BROAD RUN INVESTMENT MANAGEMENT, LLC holds 2.7243 of the shares totaling 3.85 million with a market value of $44.66 million.
AST SpaceMobile Inc (ASTS) Insider Activity
The most recent transaction is an insider sale by RUBIN RONALD L, the company’s Director. SEC filings show that RUBIN RONALD L sold 7,000 shares of the company’s common stock on Mar 10 ’25 at a price of $32.46 per share for a total of $0.23 million. Following the sale, the insider now owns 65628.0 shares.
AST SpaceMobile Inc disclosed in a document filed with the SEC on Mar 10 ’25 that Torres Julio A. (Director) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Mar 10 ’25 and was made at $30.73 per share for $0.61 million. Following the transaction, the insider now directly holds 52628.0 shares of the ASTS stock.
Still, SEC filings show that on Mar 10 ’25, Julio A. Torres (Director) Proposed Sale 20,000 shares at an average price of $33.40 for $0.67 million. The insider now directly holds shares of AST SpaceMobile Inc (ASTS).
