MIDLAND, TX – Andrew Martin Johnson, CFO and CLO of AST SpaceMobile, Inc. (NASDAQ:ASTS), sold 5,000 shares of Class A Common Stock on May 20, 2026. The transaction was valued at $451,250, at $90.25 per share.
The sale was primarily to cover tax liabilities. Post-sale, Johnson directly holds 565,805 shares. ASTS stock is up over 300% in the past year, currently trading at $96.22. Bond.az analysis suggests the stock is overvalued relative to fair value.
In recent news, AST SpaceMobile supported a joint venture by AT&T, T-Mobile, and Verizon. UBS cut its price target to $80, Bank of America remains neutral, and New Street Research initiated coverage with a neutral rating.
