Betterment Adds $245K in AST SpaceMobile, Inc. ($ASTS)

Betterment has taken a new stake in AST SpaceMobile, Inc. (NasdaqGS: ASTS). The investment firm acquired 2,971 shares valued at approximately $245,018, according to its latest 13F filing with the SEC. This marks Betterment's initial investment in the company as of the reporting period.

What Changed in Betterment's AST SpaceMobile Position

Betterment's new position in AST SpaceMobile consists of 2,971 shares, with no prior holdings. The shares are valued at about $245,018. This move represents the firm's confidence in the potential of AST SpaceMobile's innovative approach to communication technology.

Other Institutional Activity in AST SpaceMobile

Several other institutional investors have also shown interest in AST SpaceMobile. BlackRock, Inc. increased its stake by 2,571,685 shares, bringing its total to 14,517,234 shares worth around $1.20 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both established positions, each acquiring over 11 million shares valued at approximately $952 million and $915 million, respectively. Ghisallo Capital Management LLC also expanded its holdings by 2.5 million shares, now holding 10 million shares valued at about $9.58 million.

AST SpaceMobile Stock Snapshot

Shares of AST SpaceMobile (NasdaqGS: ASTS) are currently trading near $82.47. The company boasts a market capitalization of approximately $26.16 billion. Despite a negative forward P/E ratio of -426.75, indicating losses, the stock has a beta of 2.634, suggesting higher volatility compared to the market. Over the past 52 weeks, AST SpaceMobile's stock has ranged from a low of $36.08 to a high of $133.86. Its 50-day and 200-day moving averages are $89.13 and $79.95, respectively.

Recent Earnings

AST SpaceMobile reported revenue of $84.94 million, reflecting a growth rate of 19.52%. However, the company's net margin remains at zero, and its return on equity is negative at -37.75%. The next earnings report is scheduled for August 10, 2026.

Insider Buying and Selling at AST SpaceMobile, Inc.

Several insiders have recently sold shares of AST SpaceMobile. CFO and CLO Johnson Andrew Martin sold 45,809 shares at an average price of $93.81 on June 11, 2026. Chief Technology Officer Yao Huiwen sold 40,000 shares at $96.37 on June 5, 2026, under a planned sale. CEO Abel Antonio Avellan sold 32,754 shares at $113.41 on May 30, 2026.

Analysts Set New Price Targets

On May 29, 2026, Deutsche Bank downgraded AST SpaceMobile to a 'hold' with a price target of $106. UBS maintained its 'hold' rating with an $80 target on May 12, while B. Riley Securities also maintained a 'hold' with an $85 target on the same day. The consensus rating is 'hold' with a mean price target of $81.47 based on nine analyst opinions.

About AST SpaceMobile

AST SpaceMobile, Inc., headquartered in Midland, Texas, is a technology company that designs and develops a constellation of BlueBird satellites. These satellites enable a cellular broadband network in space, accessible directly by smartphones. The company's SpaceMobile service aims to provide broadband access to users beyond terrestrial cellular coverage, serving both commercial and government needs. Founded in 2017, AST SpaceMobile employs over 1,100 people.

Bottom Line

Betterment's new position in AST SpaceMobile highlights interest in the company's innovative satellite technology. While the 13F filing reflects past holdings, it shows Betterment's confidence in AST SpaceMobile's potential. Investors watch these filings to gauge institutional sentiment, although they are backward-looking and may not represent current positions.