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Understanding the Surge in ASTS Stock Purchases

Shares of AST SpaceMobile rose to $57.8 during today's afternoon trading session. Despite the 9.8% change, the Large-Cap Communication Equipment company still trades 27.47% above its average analyst target price of $45.34. So there may be further downside for the Communication Equipment stock. AST SpaceMobile has target prices ranging from $30.0 to $64.0 per share, and its average rating is buy.

The stock has an unusually large proportion of its shares sold short at 22.6%, and a short ratio of 3.04. The company's insiders own 19.1% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that only a small number of institutional investors are invested in the stock, with 37.5% of AST SpaceMobile's shares being owned by this investor type.

Institutions Invested in AST SpaceMobile

Date Reported Holder Percentage Shares Value
2025-03-31 Rakuten Group, Inc. 13% 31,020,155 $1,792,964,935
2025-03-31 Vanguard Group Inc 6% 14,461,249 $835,860,181
2025-03-31 Blackrock Inc. 5% 11,497,824 $664,574,218
2025-03-31 Alphabet Inc. 4% 8,943,486 $516,933,483
2025-03-31 Shaw D.E. & Co., Inc. 2% 4,996,669 $288,807,464
2025-03-31 Broad Run Investment Management, LLC 2% 3,756,229 $217,110,033
2025-03-31 Geode Capital Management, LLC 2% 3,629,597 $209,790,703
2025-03-31 Janus Henderson Group PLC 1% 3,509,630 $202,856,611
2025-03-31 State Street Corporation 1% 3,500,232 $202,313,406
2025-03-31 Morgan Stanley 1% 3,123,394 $180,532,170

Besides an analyst belief that shares are overpriced, other market factors point to there being mixed market sentiment on AST SpaceMobile.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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