AST SpaceMobile jumps 10.4% as traders position for Q1 update amid FCC approval tailwinds

AST SpaceMobile (ASTS) is up 10.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to renewed optimism ahead of the company’s scheduled first-quarter 2026 business update/earnings call, with investors still digesting a major U.S. regulatory win that supports commercialization. The rally also looks like a rebound from April’s BlueBird 7 setback, after company commentary indicated the lost satellite was insured and follow-on units were progressing.

Details:

AST SpaceMobile scheduled its first-quarter 2026 business update conference call for Monday, May 11, 2026, which can drive pre-event positioning and short-term volatility.

The FCC granted AST authority to deploy and operate up to 248 satellites for supplemental coverage from space (direct-to-device) in the U.S., a meaningful de-risking milestone for the business plan.

After Blue Origin’s New Glenn mission placed BlueBird 7 into an unusable orbit, AST indicated the satellite’s cost was expected to be recovered under insurance, helping soften perceived financial impact.

Investors continue to focus on launch cadence and production readiness for subsequent BlueBird satellites as the key execution variable into late 2026.

Sources:

Business Wire, Federal Communications Commission, Via Satellite, Space.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ASTS Insider Trading Activity

$ASTS insiders have traded $ASTS stock on the open market 13 times in the past 6 months. Of those trades, 5 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $ASTS stock by insiders over the last 6 months:

HIROSHI MIKITANI has made 0 purchases and 2 sales selling 3,040,000 shares for an estimated $270,896,800.
TOWER CORP /MA/ AMERICAN sold 2,288,621 shares for an estimated $159,631,314
HUIWEN YAO (Chief Technology Officer) has made 0 purchases and 2 sales selling 80,000 shares for an estimated $6,496,000.
SHANTI B. GUPTA (Chief Operating Officer) sold 10,000 shares for an estimated $773,400
ANDREW MARTIN JOHNSON (CFO and CLO) sold 10,000 shares for an estimated $560,010
MAYA BERNAL (Chief Accounting Officer) sold 6,000 shares for an estimated $442,560
KEITH R LARSON has made 3 purchases buying 2,015 shares for an estimated $149,143 and 0 sales.
ADRIANA CISNEROS has made 2 purchases buying 750 shares for an estimated $38,092 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$ASTS Hedge Fund Activity

We have seen 379 institutional investors add shares of $ASTS stock to their portfolio, and 178 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 2,771,782 shares (-79.0%) from their portfolio in Q4 2025, for an estimated $201,314,526
NORGES BANK added 2,729,868 shares (+inf%) to their portfolio in Q4 2025, for an estimated $198,270,312
BROAD RUN INVESTMENT MANAGEMENT, LLC removed 1,985,576 shares (-55.8%) from their portfolio in Q4 2025, for an estimated $144,212,384
D. E. SHAW & CO., INC. removed 1,884,466 shares (-57.3%) from their portfolio in Q4 2025, for an estimated $136,868,765
MAREX GROUP PLC added 1,616,665 shares (+126.7%) to their portfolio in Q4 2025, for an estimated $117,418,378
CLEAR STREET GROUP INC. added 1,608,233 shares (+87.6%) to their portfolio in Q4 2025, for an estimated $116,805,962
VANGUARD GROUP INC added 1,568,292 shares (+7.9%) to their portfolio in Q4 2025, for an estimated $113,905,047

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ASTS Price Targets

Multiple analysts have issued price targets for $ASTS recently. We have seen 4 analysts offer price targets for $ASTS in the last 6 months, with a median target of $75.0.

Here are some recent targets:

Mathieu Robilliard from Barclays set a target price of $65.0 on 04/09/2026
Christopher Schoell from UBS set a target price of $85.0 on 03/04/2026
Mike Crawford from B. Riley Securities set a target price of $95.0 on 02/13/2026
Andres Coello from Scotiabank set a target price of $45.6 on 01/07/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.