In a filing, AST SpaceMobile Inc revealed its (1) AA Gables, LLC acquired Company’s shares for reported $58.95 million on Nov 20 ’24. In the deal valued at $23.58 per share,2,500,000 shares were bought.
Then, Yao Huiwen sold 45,000 shares, generating $1,091,700 in total proceeds. Upon selling the shares at $24.26, the Chief Technology Officer now owns 55,000 shares.
Before that, Wisniewski Scott sold 2,700 shares. AST SpaceMobile Inc shares valued at $62,427 were divested by the President at a price of $23.12 per share. As a result of the transaction, Wisniewski Scott now holds 712,660 shares, worth roughly $20.39 million.
Cantor Fitzgerald initiated its AST SpaceMobile Inc [ASTS] rating to an Overweight in a research note published on February 06, 2025; the price target was $30. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Scotiabank began covering ASTS with “Sector outperform” recommendation on March 06, 2024. B. Riley Securities started covering the stock on October 28, 2022. It rated ASTS as “a Buy”.
Price Performance Review of ASTS
On Tuesday, AST SpaceMobile Inc [NASDAQ:ASTS] saw its stock jump 11.67% to $28.61. Over the last five days, the stock has gained 9.32%. AST SpaceMobile Inc shares have risen nearly 35.59% since the year began. Nevertheless, the stocks have risen 802.52% over the past one year. While a 52-week high of $39.08 was reached on 02/18/25, a 52-week low of $1.97 was recorded on 01/29/25. SMA at 50 days reached $24.28, while 200 days put it at $21.36.
Levels Of Support And Resistance For ASTS Stock
The 24-hour chart illustrates a support level at 25.16, which if violated will result in even more drops to 21.71. On the upside, there is a resistance level at 31.38. A further resistance level may holdings at 34.15. The Relative Strength Index (RSI) on the 14-day chart is 55.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.47%. Stochastics %K at 26.18% indicates the stock is a holding.
The most recent change occurred on July 12, 2021 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $29 price target.
