Vanguard Group Adds $129M in AST SpaceMobile, Inc. ($ASTS)
Key Points
- Vanguard Group changed its AST SpaceMobile, Inc. ($ASTS) stake by 7.9% last quarter, boosting to 21,488,180 shares worth $1.77 billion.
- Wall Street's consensus rating on $ASTS is Hold and an average price target of $81.47.
- $ASTS last traded around $82.47.
Vanguard Group increased its position in AST SpaceMobile, Inc. ($ASTS) by 7.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,488,180 shares of AST SpaceMobile, Inc. after buying 1,568,292 shares during the quarter. Vanguard Group's holdings in AST SpaceMobile, Inc. were worth $1.77 billion as of its most recent filing.
AST SpaceMobile, Inc. ($ASTS) Stock
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About AST SpaceMobile, Inc.
AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use and other applications, as well as for government use. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.
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