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Positives for AST SpaceMobile Inc (ASTS) as stock gains in recent trading

AST SpaceMobile Inc (NASDAQ: ASTS) is 14.03% 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 $25.80 in the last trading session, with the day’s loss setting it -1.74%.

Currently trading at $24.06, the stock is -13.85% and -8.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.83 million and changing -6.74% at the moment leaves the stock 3.31% off its SMA200. ASTS registered 756.23% gain for a year compared to 6-month gain of -1.35%. The firm has a 50-day simple moving average (SMA 50) of $26.2252 and a 200-day simple moving average (SMA200) of $23.2895.

The stock witnessed a -7.75% loss in the last 1 month and extending the period to 3 months gives it a 2.43%, and is -6.42% 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 7.84% over the week and 11.02% over the month.

AST SpaceMobile Inc (ASTS) has around 578 employees, a market worth around $7.61B and $4.42M in sales. Profit margin for the company is -6792.28%. Distance from 52-week low is 1121.32% and -38.43% 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 53.69% 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

348.0 institutions hold shares in AST SpaceMobile Inc (ASTS), with institutional investors hold 44.36% of the company’s shares. The shares outstanding are 208.17M, and float is at 163.91M with Short Float at 28.97%. Institutions hold 33.76% 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 6.0715% 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 Wisniewski Scott, the company’s President. SEC filings show that Wisniewski Scott sold 35,871 shares of the company’s common stock on Mar 17 ’25 at a price of $28.35 per share for a total of $1.02 million. Following the sale, the insider now owns 0.65 million shares.

AST SpaceMobile Inc disclosed in a document filed with the SEC on Mar 17 ’25 that Gupta Shanti B. (Chief Operating Officer) sold a total of 24,425 shares of the company’s common stock. The trade occurred on Mar 17 ’25 and was made at $28.00 per share for $0.68 million. Following the transaction, the insider now directly holds 0.37 million shares of the ASTS stock.

Still, SEC filings show that on Mar 17 ’25, Wisniewski Scott (Officer) Proposed Sale 35,871 shares at an average price of $28.35 for $1.02 million. The insider now directly holds shares of AST SpaceMobile Inc (ASTS).

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