HighTower Advisors LLC Has $23.80 Million Stake in AST SpaceMobile, Inc. $ASTS

Posted by Brian Himes on May 23rd, 2026

HighTower Advisors LLC boosted its stake in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS – Free Report) by 18.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 327,665 shares of the company’s stock after buying an additional 49,892 shares during the quarter. HighTower Advisors LLC’s holdings in AST SpaceMobile were worth $23,798,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in AST SpaceMobile by 7.9% during the 4th quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company’s stock worth $1,560,687,000 after buying an additional 1,568,292 shares during the period. Clear Street Group Inc. acquired a new position in AST SpaceMobile during the 3rd quarter worth about $90,129,000. Northern Trust Corp lifted its holdings in AST SpaceMobile by 18.1% during the 3rd quarter. Northern Trust Corp now owns 1,104,013 shares of the company’s stock worth $54,185,000 after buying an additional 168,832 shares during the period. Gotham Asset Management LLC lifted its holdings in AST SpaceMobile by 37.8% during the 3rd quarter. Gotham Asset Management LLC now owns 843,738 shares of the company’s stock worth $41,411,000 after buying an additional 231,549 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in AST SpaceMobile by 125.1% during the 3rd quarter. Van ECK Associates Corp now owns 782,041 shares of the company’s stock worth $38,382,000 after buying an additional 434,615 shares during the period. 60.95% of the stock is owned by institutional investors and hedge funds.

Key AST SpaceMobile News

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

Positive Sentiment: Defiance launched ASTY, a 2X long ETF on AST SpaceMobile, signaling strong trader demand for bullish exposure to ASTS. Defiance Launches ASTY: The 2X Long ETF for AST SpaceMobile, Inc.
Positive Sentiment: ASTS is benefiting from broader enthusiasm for space infrastructure names ahead of the SpaceX IPO, which has lifted sentiment across satellite and launch stocks. SpaceX IPO Filing Is Moving Rocket Lab, CoreWeave, and Other Stocks
Positive Sentiment: Commentary has also pointed to AST SpaceMobile’s FCC approval and its role as a likely beneficiary of rising satellite-to-phone demand, supporting the company’s long-term growth narrative. Forget SpaceX. These 2 Space Stocks Could Be the Real Winners Of the Coming IPO Frenzy
Neutral Sentiment: Several articles focused on ASTS’s huge multi-year run and asked whether the stock is getting expensive, suggesting some investors are weighing valuation against future growth. Is It Too Late To Consider AST SpaceMobile (ASTS) After Its Recent 17x Three Year Surge?
Negative Sentiment: ASTS CFO Andrew Martin Johnson sold 5,000 shares, a small insider sale that may prompt some caution, though his remaining stake is still substantial. SEC insider filing

Insider Activity

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $88.88, for a total transaction of $3,555,200.00. Following the sale, the chief technology officer owned 4,750 shares of the company’s stock, valued at approximately $422,180. This represents a 89.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Julio A. Torres sold 15,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $76.34, for a total transaction of $1,145,100.00. Following the sale, the director directly owned 43,239 shares in the company, valued at $3,300,865.26. This trade represents a 25.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 3,100,000 shares of company stock worth $276,048,350. 20.89% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on ASTS. New Street Research began coverage on AST SpaceMobile in a report on Wednesday, May 13th. They set a “neutral” rating and a $80.00 target price on the stock. UBS Group cut their target price on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a report on Friday, March 27th. B. Riley Financial lifted their target price on AST SpaceMobile from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft set a $117.00 target price on AST SpaceMobile in a report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $79.45.

Read Our Latest Stock Report on AST SpaceMobile

AST SpaceMobile Stock Performance

Shares of ASTS opened at $105.86 on Friday. The company has a current ratio of 18.47, a quick ratio of 18.37 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $41.09 billion, a P/E ratio of -59.47 and a beta of 2.60. The firm’s fifty day simple moving average is $85.01 and its two-hundred day simple moving average is $83.47. AST SpaceMobile, Inc. has a 12 month low of $22.47 and a 12 month high of $129.89.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). The firm had revenue of $14.74 million for the quarter, compared to the consensus estimate of $39.01 million. AST SpaceMobile had a negative net margin of 573.67% and a negative return on equity of 24.87%. The business’s revenue was up 1952.2% compared to the same quarter last year. During the same period last year, the company posted ($0.20) EPS. As a group, analysts predict that AST SpaceMobile, Inc. will post -1.47 EPS for the current year.

About AST SpaceMobile

(Free Report)

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.