Wealth Enhancement Advisory Services LLC Boosts Holdings in AST SpaceMobile, Inc. $ASTS

04 Apr 2026, 07:30 by Jessica Moore · The Cerbat Gem

Wealth Enhancement Advisory Services LLC increased its position in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS – Free Report) by 40.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,329 shares of the company’s stock after buying an additional 7,305 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in AST SpaceMobile were worth $1,840,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in ASTS. REAP Financial Group LLC purchased a new stake in AST SpaceMobile in the third quarter valued at $25,000. Harvest Fund Management Co. Ltd purchased a new stake in AST SpaceMobile in the 3rd quarter valued at about $29,000. Geneos Wealth Management Inc. lifted 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 valued at $32,000 after buying an additional 450 shares during the last quarter. Binnacle Investments Inc purchased a new position in AST SpaceMobile during the second quarter worth about $33,000. Finally, BOKF NA acquired a new stake in shares of AST SpaceMobile during the third quarter valued at about $38,000. 60.95% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at AST SpaceMobile

In related news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction that occurred 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 directly owned 4,750 shares in the company, valued at approximately $422,180. This represents 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 the SEC website. Insiders own 30.90% of the company’s stock.

Trending Headlines about AST SpaceMobile

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

Positive Sentiment: Investors loaded up ahead of the BlueBird‑7 launch, extending ASTS’s winning streak as traders expect the launch to validate technology and de‑risk commercialization. AST SpaceMobile Inc. (ASTS) Flies 10.3% Ahead of BlueBird 7 Launch
Positive Sentiment: Sector momentum from talk of a large SpaceX IPO and investor attention on satellite/mobile connectivity names is lifting ASTS as investors rotate into “space” exposure; AST’s different approach vs. SpaceX is being highlighted as a complementary growth story. Why AST SpaceMobile Stock Soared This Week
Positive Sentiment: Reports of takeover interest in other satellite companies (Iridium/Globalstar chatter) have buoyed sentiment across the sector, which can lift comparable names like ASTS through re‑rating and M&A speculation. Iridium, Viasat Stocks Surge. Why a Bid for a Satellite Rival Is Good News.
Neutral Sentiment: NASA’s Artemis II launch is boosting general investor interest in space and aerospace names, a thematic tailwind that can indirectly support ASTS but does not change near‑term fundamentals. Artemis II Launched. What Comes Next.
Neutral Sentiment: Analyst commentary and long‑term bullish takes (e.g., stories profiling ASTS as a multi‑bag idea) keep interest elevated but are speculative; BofA’s neutral stance and multi‑year execution risks remain important considerations. Is AST SpaceMobile (ASTS) Among the Stocks That Could 10x Over the Next 5 Years?
Negative Sentiment: Geopolitical risk and macro headlines briefly pressured ASTS, with at least one session showing a ~6% drop as risk‑off flows outweighed near‑term catalysts. That volatility highlights downside risk ahead of launches. AST SpaceMobile and Rocket Lab Drop 6%: Geopolitical Fears Overshadow BlueBird and Mynaric Catalysts
Negative Sentiment: Coverage noted ASTS falling in the wake of other satellite headlines even as peers rallied, signaling that headline-driven trading can push ASTS both ways and that fundamentals/earnings execution remain key to sustaining gains. Iridium Stock Rises as a Rival Holds Bid Talks. What Dragged AST SpaceMobile Down.

Analyst Upgrades and Downgrades

ASTS has been the topic of several recent analyst reports. Zacks Research upgraded shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. B. Riley Financial dropped their price objective on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AST SpaceMobile in a report on Tuesday, January 20th. UBS Group lifted their target price on AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $63.77.

Get Our Latest Research Report on AST SpaceMobile

AST SpaceMobile Stock Performance

NASDAQ:ASTS opened at $92.62 on Friday. The firm has a market cap of $35.38 billion, a PE ratio of -70.17 and a beta of 2.81. The stock has a fifty day moving average price of $92.27 and a 200 day moving average price of $80.00. AST SpaceMobile, Inc. has a 12-month low of $18.22 and a 12-month high of $129.89. The company has a current ratio of 16.35, a quick ratio of 16.27 and a debt-to-equity ratio of 0.92.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last issued 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). The company had revenue of $54.31 million for the quarter, compared to analysts’ expectations of $39.53 million. AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The business’s revenue for the quarter was up 2731.3% on a year-over-year basis. Sell-side analysts anticipate that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current fiscal year.

AST SpaceMobile 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.