TRU Independence Asset Management 2 LLC Buys Shares of 10,000 AST SpaceMobile, Inc. $ASTS

Posted by George Bondi on Jun 19th, 2026

TRU Independence Asset Management 2 LLC purchased a new stake in AST SpaceMobile, Inc. (NASDAQ:ASTS – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $726,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Crewe Advisors LLC acquired a new stake in AST SpaceMobile in the fourth quarter valued at about $25,000. Laurel Wealth Advisors LLC bought a new position in AST SpaceMobile in the fourth quarter valued at about $25,000. Byrne Asset Management LLC bought a new position in AST SpaceMobile in the fourth quarter valued at about $29,000. Acumen Wealth Advisors LLC acquired a new position in AST SpaceMobile during the fourth quarter worth about $29,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in AST SpaceMobile during the fourth quarter worth about $33,000. 60.95% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ASTS shares. Wall Street Zen downgraded shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research note on Wednesday, April 15th. Zacks Research upgraded shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. B. Riley Financial upped their price objective on shares of AST SpaceMobile from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Friday, March 27th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of AST SpaceMobile from a “buy” rating to a “hold” rating and cut their target price for the company from $117.00 to $106.00 in a research report on Friday, May 29th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $81.33.

Check Out Our Latest Report on AST SpaceMobile

Insider Buying and Selling at AST SpaceMobile

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $96.37, for a total value of $3,854,800.00. Following the completion of the transaction, the chief technology officer directly owned 34,750 shares in the company, valued at approximately $3,348,857.50. This represents a 53.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julio A. Torres sold 15,000 shares of the firm’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 transaction, the director directly owned 43,239 shares of the company’s stock, valued at $3,300,865.26. The trade was a 25.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,185,809 shares of company stock valued at $284,200,492 in the last quarter. 20.89% of the stock is currently owned by corporate insiders.

More AST SpaceMobile News

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

Positive Sentiment: AST SpaceMobile confirmed the successful launch of BlueBirds 8, 9, and 10, described as the largest commercial communications arrays ever deployed in low Earth orbit, which supports its long-term direct-to-phone connectivity strategy and could improve investor confidence in future revenue growth. AST SpaceMobile Announces Successful Orbital Launch of BlueBirds 8, 9, and 10
Positive Sentiment: Analysts and market commentary say the launch reinforces ASTS’s operating roadmap, with one bullish note arguing the company is approaching a key commercial inflection in 2026-2027 and could see substantial operating leverage as its satellite constellation expands. AST SpaceMobile: From Bear To Bull – FY27 Commercial Commencement Unlocks Substantial Operating Leverage
Positive Sentiment: Some reports frame AST SpaceMobile as a long-term buying opportunity despite volatility, citing its backlog, liquidity, and upcoming satellite launches as reasons the stock could rebound if execution stays on track. AST SpaceMobile: You Might Not Find A Better Chance To Double Down Now
Neutral Sentiment: Other coverage remains mixed, with some articles saying ASTS still faces competition, technical support tests, and valuation questions even after the rally, suggesting the stock may remain volatile around near-term execution milestones. Space Stocks Price Forecasts: Correction or Trend Continuation?
Negative Sentiment: Broader market pressure and earlier weakness in ASTS likely reflected investor concerns about the Federal Reserve, elevated rates, and the stock’s recent run-up, which can amplify profit-taking when positive news is already priced in. S&P 500, Nasdaq And Dow Slip As Investors Assess Rate Hike Possibility — SPCX, UBER, ASTS, BBBY, RXT In Focus

AST SpaceMobile Price Performance

Shares of ASTS opened at $80.66 on Friday. The company has a quick ratio of 18.37, a current ratio of 18.47 and a debt-to-equity ratio of 1.11. The stock has a market cap of $31.31 billion, a PE ratio of -45.31 and a beta of 2.70. AST SpaceMobile, Inc. has a 12-month low of $36.08 and a 12-month high of $133.86. The business has a 50-day simple moving average of $89.68 and a two-hundred day simple moving average of $88.95.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last announced 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 $14.73 million for the quarter, compared to analyst estimates 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 for the quarter was up 1952.2% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.20) earnings per share. Analysts anticipate that AST SpaceMobile, Inc. will post -1.47 earnings per share for the current fiscal year.

AST SpaceMobile Company Profile

(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.