SEC filings show who’s buying AST SpaceMobile as ASTS stock rallies again

SEC filings show who’s buying AST SpaceMobile as ASTS stock rallies again

New York, January 6, 2026, 10:24 EST

  • Ethic, Apollon and Miracle Mile disclosed AST SpaceMobile stakes in quarterly holdings reports
  • ASTS shares rose about 4.9% Tuesday after an 8.9% gain on Monday
  • Analysts tracked by MarketBeat rate the stock “Hold” with a $45.66 average target price

Three investment advisers disclosed new or expanded stakes in AST SpaceMobile as the satellite-to-phone company’s shares pushed higher again on Tuesday.

The disclosures matter because AST SpaceMobile has become a high-volatility bet on whether satellites can extend mobile coverage beyond cell towers. Form 13F reports, filed each quarter, show stock holdings of big investment managers at the end of the reporting period.

ASTS was up about 4.9% at $95.41 by mid-morning in New York, after closing at $90.92 on Monday. The stock traded as high as $92.45 on Monday on about 20.5 million shares, nearly double its 30-day average, and analysts tracked by MarketBeat rate it “Hold” with a $45.66 average target price. AST posted a quarterly loss of 45 cents per share on revenue of $14.74 million, and analysts expect a full-year loss of about 40 cents per share, MarketBeat said. MarketBeat

Ethic Inc. reported holding 7,444 AST shares valued at $365,352 at the end of the third quarter, its Form 13F information table showed. MarketBeat data put institutional and hedge fund ownership of AST at about 60.95%.

Apollon Wealth Management listed 6,283 AST shares valued at $308,356 in its quarterly holdings report. Exchange Traded Concepts LLC also reported a new stake in the company worth about $4.7 million in the third quarter, MarketBeat reported.

Miracle Mile Advisors disclosed 11,330 shares valued at $556,076, according to its filing. MarketBeat said the manager increased its position by 140.9% during the quarter.

Taken together, the three holdings imply a quarter-end valuation of roughly $49 a share, based on reported values and share counts. The stock has since almost doubled, leaving the managers with sizable paper gains.

AST SpaceMobile is working on a satellite network intended to connect standard smartphones to broadband outside traditional coverage areas. Chief Executive Abel Avellan said this month the company was preparing to “kick off a launch campaign” for upgraded BlueBird satellites, as rivals such as private firm Lynk Global pursue similar links. Via Satellite

Competition is intensifying. SpaceX’s Starlink has also been pitching direct-to-cell services through partnerships with mobile operators, raising the bar for smaller players to prove they can scale.

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He worked in investment research and market analysis before becoming a financial journalist and is a graduate of the Lahore University of Management Sciences (LUMS).

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