Salvus Wealth Management LLC Has $6.25 Million Stock Holdings in AST SpaceMobile, Inc. $ASTS

Salvus Wealth Management LLC lessened its stake in AST SpaceMobile, Inc. (NASDAQ:ASTS) by 17.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,006 shares of the company’s stock after selling 17,697 shares during the period. AST SpaceMobile makes up about 3.5% of Salvus Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Salvus Wealth Management LLC’s holdings in AST SpaceMobile were worth $6,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in ASTS. REAP Financial Group LLC purchased a new stake in shares of AST SpaceMobile during the 3rd quarter valued at $25,000. Harvest Fund Management Co. Ltd bought a new stake in shares of AST SpaceMobile during the 3rd quarter worth $29,000. Geneos Wealth Management Inc. grew its position in AST SpaceMobile by 225.0% in the third quarter. Geneos Wealth Management Inc. now owns 650 shares of the company’s stock worth $32,000 after acquiring an additional 450 shares in the last quarter. Binnacle Investments Inc purchased a new position in AST SpaceMobile in the second quarter worth $33,000. Finally, Atlantic Union Bankshares Corp increased its stake in AST SpaceMobile by 30.0% in the third quarter. Atlantic Union Bankshares Corp now owns 781 shares of the company’s stock valued at $38,000 after acquiring an additional 180 shares during the last quarter. Institutional investors own 60.95% of the company’s stock.

AST SpaceMobile Price Performance

ASTS stock opened at $96.06 on Thursday. The firm has a market cap of $36.70 billion, a P/E ratio of -72.77 and a beta of 2.77. The firm’s fifty day moving average is $95.99 and its 200 day moving average is $78.04. AST SpaceMobile, Inc. has a 52 week low of $18.22 and a 52 week high of $129.89. The company has a debt-to-equity ratio of 0.92, a quick ratio of 16.27 and a current ratio of 16.35.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.08). AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The business had revenue of $54.31 million during the quarter, compared to the consensus estimate of $39.53 million. AST SpaceMobile’s revenue was up 2731.3% compared to the same quarter last year. Research analysts predict that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current year.

AST SpaceMobile News Summary

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

• Positive Sentiment: Broader market catalyst — reports that SpaceX could file for a large IPO this week sparked a rally across “space” names, lifting demand for satellite and launch peers including ASTS. Space stocks rally on reports of SpaceX’s imminent IPO filing
• Positive Sentiment: Company program progress — ASTS used its SATELLITE conference to refine the BlueBird rollout timeline, highlight more than 50 mobile-operator partnerships, and give updated launch/timing context, which supports the narrative that BlueBird launches (BlueBird‑7 next) could be near-term commercial catalysts. AST SpaceMobile Conference Update Refines BlueBird Rollout And Valuation Debate
• Positive Sentiment: Upcoming launch as a catalyst — analysts and outlets point to the BlueBird‑7 launch as a potential growth driver that could validate ASTS’s direct-to-device business if successful. ASTS Gearing Up for BlueBird 7 Launch: Can it Drive its Growth Engine?
• Neutral Sentiment: Trading/technical context — some analysts note short-term volatility: ASTS recently pulled back from a brief breakout near $100 and is trading with elevated volume; that can amplify intraday moves but doesn’t change the longer-term execution risk. Satellite Stock Could Soon Enjoy an Almost 20% Pop
• Negative Sentiment: Insider selling — CTO Huiwen Yao sold 40,000 shares on March 23 for roughly $3.56M, cutting his stake substantially; while insider sales can be routine, large disposals may give some investors pause. Huiwen Yao insider sale
• Negative Sentiment: Valuation and execution risk — several commentaries warn ASTS may be priced for perfection: the company has shown huge revenue growth but recently missed EPS estimates and carries substantial negative margins; that raises downside risk if launches, network deployment, or operator monetization are delayed. 2 High-Flying Space Stocks Are Expected to Plunge Up to 56% in 2026, According to Select Wall Street Analysts

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ASTS. B. Riley Financial lowered their price target on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, December 29th. Scotiabank lowered AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective on the stock. in a research report on Wednesday, January 7th. Zacks Research raised AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, UBS Group boosted their target price on AST SpaceMobile from $43.00 to $85.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $63.77.

Insider Activity at AST SpaceMobile

In other news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $88.88, for a total value of $3,555,200.00. Following the transaction, the chief technology officer owned 4,750 shares in the company, valued at approximately $422,180. The trade was a 89.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 30.90% of the company’s stock.

AST SpaceMobile Profile

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.