Scott Wisniewski, President of AST SpaceMobile (NASDAQ:ASTS), sold a block of Class A Common Stock on May 27, 2025, totaling $3,280,482.
He divested 25,904 shares at a weighted average price of $126.64 per share, with prices ranging from $126.41 to $126.99. The sale comes as ASTS trades near its 52-week high of $131.20, with a 422% return over the past year.
After the sale, Wisniewski directly holds 745,973 shares. The Form 4 filing was made public on May 27, 2026. According to Bond.az analysis, ASTS appears overvalued relative to its fair value.
In other news, Bank of America maintains a neutral rating on ASTS, citing competitive pressures and launch delays. New Street Research initiated coverage with a neutral rating and an $80 price target.
AST SpaceMobile supports a joint venture by AT&T, T-Mobile, and Verizon. SpaceX's IPO plans have boosted space sector stocks.
This article was generated with AI support and reviewed by an editor.
