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AST SpaceMobile director Julio Torres sells $1.15m in stock

AST SpaceMobile director Julio Torres sold $1.15 million in stock. The stock gained 216% over the past year. Company reported Q1 revenue and EBITDA.

Michael Brown
ByMichael Brown- Senior Editor
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Julio A. Torres, a director at AST SpaceMobile (NASDAQ: ASTS), sold 15,000 shares on May 13, 2026. The transaction totaled approximately $1,145,100.

The shares were sold at an average price of $76.34 per share, with a range of $76.06 to $76.56. The stock has since risen to $83.01, marking a 216% gain over the past year.

The sale was to cover tax liabilities related to restricted stock units. Torres now directly holds 43,239 shares.

In Q1 2026, AST SpaceMobile reported $15M revenue and -$76M EBITDA. B.Riley raised its price target to $85, while UBS lowered it to $80.

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