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Check Out What Whales Are Doing With ASTS - AST SpaceMobile (NASDAQ:ASTS)
Benzingaยท 2025-10-14 17:01
Core Insights - Investors are showing a bullish stance on AST SpaceMobile (NASDAQ:ASTS), with significant options trades indicating potential upcoming developments [1][2] - The overall sentiment among large investors is nearly balanced, with 44% bullish and 43% bearish positions [2] - The projected price targets for AST SpaceMobile range from $20.0 to $135.0 based on recent options activity [3] Options Activity - A total of 186 uncommon options trades were detected for AST SpaceMobile, with 156 calls amounting to $15,331,488 and 30 puts totaling $5,012,995 [2] - The analysis of volume and open interest in options contracts reveals significant interest in the price range of $20.0 to $135.0 over the past quarter [4] Company Overview - AST SpaceMobile Inc is focused on designing and manufacturing satellites to create a cellular broadband network in space, aiming to provide high-speed services to users outside terrestrial coverage [11] - The company is leveraging an extensive IP and patent portfolio to eliminate connectivity gaps for mobile subscribers [11] Market Ratings - Recent analyst ratings for AST SpaceMobile indicate a consensus target price of $51.45, with one analyst maintaining an Overweight rating at $60 and another downgrading to Sector Underperform with a target of $42 [12][13] Current Market Status - AST SpaceMobile is currently trading at $88.03, down by 2.73%, with a trading volume of 9,218,719 [15] - The stock may be overbought according to RSI readings, and an earnings release is anticipated in 30 days [15]