AST SpaceMobile Inc’s recently made public that its President Wisniewski Scott unloaded Company’s shares for reported $62427.0 on Sep 30 ’24. In the deal valued at $23.12 per share,2,700 shares were sold. As a result of this transaction, Wisniewski Scott now holds 712,660 shares worth roughly $18.61 million.
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Then, Gupta Shanti B. sold 80,000 shares, generating $2,066,400 in total proceeds. Upon selling the shares at $25.83, the Chief Operating Officer now owns 393,232 shares.
Before that, Shanti Gupta bought 80,000 shares. AST SpaceMobile Inc shares valued at $2,066,720 were divested by the Officer at a price of $25.83 per share.
UBS initiated its AST SpaceMobile Inc [ASTS] rating to a Buy in a research note published on March 08, 2024; the price target was $7. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early March with a ‘”a Sector outperform”‘ rating. B. Riley Securities began covering ASTS with “Buy” recommendation on October 28, 2022. Barclays started covering the stock on July 12, 2021. It rated ASTS as “an Overweight”.
Price Performance Review of ASTS
On Friday, AST SpaceMobile Inc [NASDAQ:ASTS] saw its stock jump 12.45% to $26.11. Over the last five days, the stock has gained 3.12%. AST SpaceMobile Inc shares have risen nearly 333.00% since the year began. Nevertheless, the stocks have risen 590.74% over the past one year. While a 52-week high of $39.08 was reached on 08/21/24, a 52-week low of $1.97 was recorded on 04/02/24. SMA at 50 days reached $26.23, while 200 days put it at $10.61.
Levels Of Support And Resistance For ASTS Stock
The 24-hour chart illustrates a support level at 24.39, which if violated will result in even more drops to 22.67. On the upside, there is a resistance level at 27.11. A further resistance level may holdings at 28.11. The Relative Strength Index (RSI) on the 14-day chart is 50.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.34%. Stochastics %K at 30.09% indicates the stock is a holding.
How much short interest is there in AST SpaceMobile Inc?
A steep rise in short interest was recorded in AST SpaceMobile Inc stocks on 2024-09-13, growing by 10.16 million shares to a total of 38.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 28.51 million shares. There was a rise of 26.27%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 30, 2021 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $35 price target.
