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AST SpaceMobile Opens Flat, Insiders Dump $280M After Loss

7/5/2026

44 7 Full Breakdown

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Story summary
  • AST SpaceMobile (ASTS) opened on July 5, 2026 at $85.13, matching its $85.09 target.
  • Insiders sold about $280 million of stock, including CFO Andrew Martin Johnson’s $4.3 million sale on June 11.
  • Pictet Asset Management raised its stake by 146.8% in Q1 to 79,666 shares worth $6.6 million.
  • Roth MKM rated AST a buy at $108.
  • MarketBeat’s consensus is “Reduce” after AST posted a Q1 loss of $0.66 per share on $14.73 million revenue, missing $39.01 million revenue estimates.