<div id="readability-page-1"><p>AST SpaceMobile, Inc. (NASDAQ:ASTS - Get Free Report) major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the business's stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total value of $159,631,314.75. Following the sale, the insider directly owned 211,379 shares of the company's stock, valued at $14,743,685.25. This represents a 91.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.</p><div><p><span></span><span>Get <strong>AST SpaceMobile</strong> alerts:</span></p></div><h2>AST SpaceMobile Stock Up 7.2%</h2><ul><li>AST SpaceMobile Gears Up for Its BlueBird 6 Launch Next Week</li></ul><p>NASDAQ ASTS traded up $5.70 on Thursday, reaching $84.75. The company had a trading volume of 14,639,716 shares, compared to its average volume of 12,061,211. The company has a quick ratio of 9.48, a current ratio of 9.56 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $31.10 billion, a P/E ratio of -68.35 and a beta of 2.76. The company's fifty day moving average is $70.48 and its 200 day moving average is $53.99. AST SpaceMobile, Inc. has a 52-week low of $17.50 and a 52-week high of $102.79. </p><p>AST SpaceMobile (NASDAQ:ASTS - Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported ($0.45) earnings per share for the quarter, missing analysts' consensus estimates of ($0.18) by ($0.27). The firm had revenue of $14.74 million for the quarter, compared to the consensus estimate of $22.04 million. AST SpaceMobile had a negative net margin of 1,639.59% and a negative return on equity of 27.76%. The firm's revenue for the quarter was up 1236.4% on a year-over-year basis. During the same period in the previous year, the business earned ($1.10) earnings per share.  Sell-side analysts anticipate that  AST SpaceMobile, Inc. will post -0.4 earnings per share for the current fiscal year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>Here's What We Learned From AST SpaceMobile's Q3 Earnings Report</li></ul><p>Hedge funds and other institutional investors have recently bought and sold shares of the business. Swiss Life Asset Management Ltd boosted its position in shares of  AST SpaceMobile by 82.6% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 8,993 shares of the company's stock worth $441,000 after purchasing an additional 4,069 shares in the last quarter.  Greenhaven Road Investment Management L.P. boosted its holdings in  AST SpaceMobile by 22.8% in the third quarter. Greenhaven Road Investment Management L.P. now owns 329,111 shares of the company's stock worth $16,153,000 after acquiring an additional 61,111 shares in the last quarter.  Cantor Fitzgerald L. P. grew its stake in shares of  AST SpaceMobile by 138.0% in the third quarter. Cantor Fitzgerald L. P. now owns 32,882 shares of the company's stock worth $1,614,000 after acquiring an additional 19,065 shares during the last quarter.  CIBC Private Wealth Group LLC increased its holdings in shares of  AST SpaceMobile by 34.5% during the third quarter. CIBC Private Wealth Group LLC now owns 1,755 shares of the company's stock valued at $86,000 after acquiring an additional 450 shares in the last quarter.  Finally, Centaurus Financial Inc. raised its position in shares of  AST SpaceMobile by 46.4% in the 3rd quarter. Centaurus Financial Inc. now owns 4,438 shares of the company's stock worth $218,000 after purchasing an additional 1,407 shares during the last quarter. Institutional investors own  60.95% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several equities research analysts recently weighed in on the company. William Blair initiated coverage on AST SpaceMobile in a report on Thursday, August 21st. They issued a &#34;market perform&#34; rating for the company. Zacks Research cut shares of AST SpaceMobile from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a report on Tuesday, October 21st. Barclays cut shares of AST SpaceMobile from an &#34;overweight&#34; rating to an &#34;underweight&#34; rating and set a $60.00 price objective on the stock. in a research report on Friday, October 17th. Scotiabank upgraded shares of AST SpaceMobile from a &#34;sector underperform&#34; rating to a &#34;sector perform&#34; rating and set a $45.60 target price for the company in a research report on Monday, November 24th. Finally, Weiss Ratings  restated a &#34;sell (d-)&#34; rating on shares of AST SpaceMobile in a research report on Monday. Three investment analysts have rated the stock with a Buy rating, five have issued  a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, AST SpaceMobile currently has an average rating of &#34;Hold&#34; and an average price target of $45.66.</p><ul><li>Are These 3 Beaten-Down Stocks Ready to Rebound?</li></ul><p><b>Check Out Our Latest Research Report on ASTS</b></p><h2>AST SpaceMobile Company Profile</h2> (Get Free Report)<p>AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than AST SpaceMobile</li><li>How to Invest in the FAANG Stocks</li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li><li>How to Buy Gold Stock and Invest in Gold</li><li>Beyond the Magnificent 7: Meet 3 of Tech’s Rising Stars</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>The Quantum Fleet: Investing in the New Quantum Standard</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVNUUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QVNUUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AST SpaceMobile Right Now?</h2><p>Before you consider AST SpaceMobile, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AST SpaceMobile wasn't on the list.</p><p>While AST SpaceMobile currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ASTS

<p>Tower Corp /Ma/ American, a major shareholder of AST SpaceMobile, sold 2,288,621 shares for $159.63 million, reducing its ownership by 91.54%. The sale was disclosed to the SEC. AST SpaceMobile's stock rose 7.2% following the sale, trading at $84.75. The company reported a quarterly loss, missing earnings estimates, with revenue up 1236.4% year-over-year. Institutional investors have adjusted their holdings, and analysts have varied ratings on the stock.</p>

AST SpaceMobile (NASDAQ:ASTS) Major Shareholder Sells $159,631,314.75 in Stock