AST SpaceMobile, Inc. (NASDAQ: ASTS) ended Friday, December 12, 2025, under pressure after a sharp regular-session decline that kept investors focused on two themes: fresh selling-related disclosures and the high-stakes countdown to the company’s next-generation “BlueBird 6” satellite launch—with mixed signals about the precise launch date.
As of 5:44 p.m. ET (after the closing bell), ASTS was trading around $76.70, down about 9.5% on the day.
Key takeaways for ASTS investors (Dec. 12, 2025)
- ASTS fell ~9–10% Friday on heavy volume, and remained around $76–$77 after hours. [1]
- Headlines and market chatter centered on large-holder/insider selling disclosures, including a Form 144 tied to American Tower and a Form 4 showing an AST SpaceMobile executive sale. [2]
- The next major catalyst is BlueBird 6—but while AST previously cited a target of Dec. 15, at least one industry report said the launch has slipped to Dec. 20 (04:20 UTC), and other trackers point to a late-December window. AST itself notes launch timing can change. [3]
- Important calendar note:December 13, 2025 is a Saturday, so U.S. markets are closed. The next regular session is Monday, Dec. 15, 2025. (ASTS trades on Nasdaq.)
ASTS stock after the bell: price action recap for Friday, Dec. 12, 2025
ASTS traded sharply lower during Friday’s regular session, with a wide intraday range and heavy activity:
- After-hours reference (5:44 p.m. ET): about $76.70
- Day move: about -9.5% [4]
- Session range: roughly $74.60 to $85.21
- Volume: roughly 19.5 million shares (notable vs. typical volume cited by market coverage) [5]
While ASTS has been one of 2025’s standout momentum names, Friday was a reminder that this stock can move dramatically on sentiment, positioning, and headline-driven catalysts.
Why AST SpaceMobile stock dropped: selling-related disclosures dominated the narrative
Several items circulating on Dec. 12 pointed back to one overarching concern for traders: potential supply hitting the market (or the perception of it).
American Tower: Form 144 linked to 2.29 million ASTS shares
A Reuters/Refinitiv item posted on TradingView notes that American Tower Corp. (a shareholder) filed a Form 144 on Dec. 9, 2025, proposing to sell 2,288,621 shares, listing Barclays Capital as broker. [6]
MarketBeat’s trading-day coverage tied the selloff to “insider selling” and highlighted a large-holder transaction of the same share count and dollar value in its write-up of the day’s move. [7]
Why it matters: Even when sales are planned or procedural, the market impact can be psychological—traders often fear more overhead supply, especially in a high-beta name.
COO Shanti Gupta: Form 144 and a Form 4 showing a 10,000-share sale
A second Reuters/Refinitiv note states that COO Shanti Gupta filed a Form 144 on Dec. 10, 2025 proposing to sell 10,000 shares, via Fidelity Brokerage Services. [8]
Then, after the bell on Dec. 12, StreetInsider published a Form 4 showing a transaction dated 12/10/2025: 10,000 shares sold at $77.34, leaving 382,375 shares beneficially owned (direct). [9]
Why it matters: When a stock is volatile, clustered selling headlines—large holder + executive sale disclosures—can reinforce a “risk-off” feedback loop, even if the underlying business story hasn’t changed that day.
Other insider-sale items stayed in the background
MarketBeat also referenced other executive sales (including the CTO and the chief accounting officer) in its Dec. 12 report. [10]
Separately, Investing.com reported a Form 4 tied to the CTO selling shares earlier in December. [11]
The bigger near-term catalyst: BlueBird 6 launch—high impact, but timing is now a question mark
For many ASTS investors, the fundamental bull/bear debate still comes back to execution: can AST SpaceMobile deploy and scale its next-generation satellites and move into commercial service?
What BlueBird 6 is (and why the market cares)
Multiple market summaries describe BlueBird 6 as a step-change in capability:
- A next-generation satellite featuring a ~2,400-square-foot phased-array antenna—far larger than earlier spacecraft discussed in coverage (~693 sq. ft.). [12]
- Often framed as a “credibility” or “litmus” test for AST’s ability to ramp manufacturing and launches. [13]
Launch date confusion: Dec. 15 vs. Dec. 20 vs. later
Here’s where investors should be extra careful heading into the weekend:
- AST’s Business Wire release previously described a target launch date of Dec. 15. [14]
- On Dec. 10, Advanced Television reported that ISRO delayed the planned launch and that the date “slipped to Dec. 20 at 04:20 UTC.” [15]
- Some launch-trackers currently show dates around Dec. 20 and/or late December windows. [16]
- AST’s own “Next-Generation BlueBird” launch page explicitly notes that orbital launch timing is subject to change based on readiness and other factors. [17]
At the same time, several large outlets (including major Indian media) have continued to cite Dec. 15. [18]
What to do with this as an ASTS shareholder: treat the launch date as not fully settled unless you see a confirmed schedule from AST/ISRO. In a catalyst-driven stock, even a “routine” slip can move shares—especially after a down day.
Roundup of notable ASTS news and analysis published on Dec. 12, 2025
Below are the major themes that shaped the ASTS conversation on Dec. 12 specifically:
1) “Insider selling” framing (MarketBeat)
MarketBeat’s Dec. 12 item explicitly connected ASTS’s move to selling-related disclosures, citing large-holder and insider transactions and summarizing analyst targets and financial metrics. [19]
2) The skeptical view: valuation vs. delays (Seeking Alpha)
A Seeking Alpha analysis posted early Dec. 12 argued that ASTS is priced for hype and emphasized that timeline slippage and execution risk remain central, even with major commercial agreements and large stated revenue commitments. [20]
3) The bullish holder view: Crossroads Capital update (Advanced Television)
Advanced Television highlighted a Crossroads Capital investor update that reiterated the rationale for owning ASTS and pointed to the long runway for direct-to-device satellite connectivity—even while noting volatility and setbacks along the way. [21]
4) Broader “space boom” narrative that keeps ASTS in focus (Nasdaq/Zacks)
A Nasdaq-hosted Zacks piece discussing the commercial space theme name-checked AST SpaceMobile among leaders in “Broadband Internet,” underscoring how sector-wide enthusiasm can amplify moves in stocks like ASTS. [22]
5) TipRanks’ trading-oriented recap
TipRanks also pointed to the American Tower transaction and noted bullish-leaning options positioning metrics and a recent Scotiabank rating change, reflecting how quickly sentiment can swing around this name. [23]
ASTS forecast watch: analyst targets are wide (and depend heavily on the source)
If you’re scanning “ASTS forecast” headlines tonight, you’ll notice the dispersion is unusually wide—typical for a pre-commercial, execution-heavy story:
- TradingView summarizes analyst estimates with a max around $95 and a min around $43, with an earnings date tracker pointing to late March 2026 for the next report. [24]
- MarketBeat lists a consensus that skews more cautious (as presented on Dec. 12), with an average target far below Friday’s quote—while also noting individual firm targets like UBS, JMP, BTIG and others. [25]
- TipRanks shows a “moderate buy” style consensus and an average target in the low $70s in its snapshot.
Why targets diverge so much: valuation here is largely a function of (1) how quickly AST can scale satellites and coverage, (2) the cadence of launches, (3) commercialization timing and ARPU expectations, and (4) funding/cash burn assumptions—inputs that can change quickly with one schedule update.
What to know before the next market open
Because Dec. 13 is Saturday, there is no U.S. stock market open on 13.12.2025 for ASTS. The next regular session is Monday, Dec. 15, 2025.
Here’s what’s most likely to matter between now and then:
1) Watch for a confirmed BlueBird 6 launch schedule (or delay)
This is the single biggest near-term catalyst—and right now, public reporting is not fully aligned:
- prior target: Dec. 15 [26]
- reported slip: Dec. 20 (04:20 UTC) [27]
- launch timing is inherently changeable, per AST. [28]
If the company (or ISRO) confirms a delay, investors should be prepared for a headline-driven move either direction (some traders sell on delays; others treat delays as temporary noise if the broader plan is intact).
2) Additional SEC filings could hit at any time
After-hours attention was already on a Form 4 executive sale posted Friday evening. [29]
In a stock like ASTS, new Forms 4/144 and large-holder disclosures can quickly become the dominant narrative for the next session—even when they don’t change the long-term roadmap.
3) Positioning and volatility after a sharp down day
ASTS has been a high-volatility stock, and Friday’s large range/volume shows that positioning can unwind quickly. [30]
If the launch window remains uncertain, options and short-term traders may continue to drive outsized swings.
Bottom line
AST SpaceMobile stock closed the week with a sharp selloff on Dec. 12, 2025, and after-hours trading kept the focus on selling-related disclosures and the next big catalyst—BlueBird 6. With conflicting public reports on whether the launch is still aligned with Dec. 15 or has slipped closer to Dec. 20, the weekend headline risk is elevated.
For investors heading into the next session, the playbook is simple: track confirmed launch scheduling, monitor SEC filings, and expect volatility until there’s clarity on timing and execution milestones.
References
1. www.marketbeat.com, 2. www.tradingview.com, 3. www.businesswire.com, 4. www.marketbeat.com, 5. www.marketbeat.com, 6. www.tradingview.com, 7. www.marketbeat.com, 8. www.tradingview.com, 9. www.streetinsider.com, 10. www.marketbeat.com, 11. www.investing.com, 12. www.investing.com, 13. www.investing.com, 14. www.businesswire.com, 15. www.advanced-television.com, 16. www.rocketlaunch.live, 17. ast-science.com, 18. timesofindia.indiatimes.com, 19. www.marketbeat.com, 20. seekingalpha.com, 21. www.advanced-television.com, 22. www.nasdaq.com, 23. www.tipranks.com, 24. www.tradingview.com, 25. www.marketbeat.com, 26. www.businesswire.com, 27. www.advanced-television.com, 28. ast-science.com, 29. www.streetinsider.com, 30. www.marketbeat.com
