Keith R. Larson, an insider at AST SpaceMobile Inc (ASTS), recently acquired 675 shares of the company at a price of $72.71 each, totaling approximately $49,000. This transaction took place on December 9, 2025.
Following this purchase, Larson now holds a total of 675 shares in AST SpaceMobile, a company focused on building a broadband cellular network in space. The firm operates directly with standard mobile devices and is based in Midland, Texas. With a market capitalization of $19.8 billion, AST SpaceMobile is engaged in designing a constellation of BlueBird satellites to provide high-speed cellular broadband services to users outside terrestrial coverage.
Insider buying often indicates confidence in a company's prospects, as executives typically possess non-public information about their operations. However, it is important for investors to consider insider transactions within a broader context, as various personal or regulatory factors may influence such decisions.
Transparency in insider trading is mandated by the SEC, allowing investors to gain insight into how executives view their stock. While Larson's purchase represents a single data point, it is advisable to examine trends in insider activity across multiple individuals and time periods for a more comprehensive understanding of the company's outlook.
AST SpaceMobile Inc is set to report upcoming earnings on August 10, 2026, with an estimated EPS of -$0.24 and revenue expectations of $46.9 million. The company has a TTM EPS of -1.24, reflecting its ongoing development in the telecommunications sector.