On September 30, 2024, Shanti Gupta, Chief Operating Officer of AST SpaceMobile Inc (ASTS, Financial), sold 80,000 shares of the company at a price of $25.83 per share. The transaction was disclosed in a SEC Filing. Following this transaction, the insider now owns 393,232 shares of the company.
AST SpaceMobile Inc (ASTS, Financial) is focused on building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on its extensive IP and patent portfolio.
Over the past year, the insider transaction history at AST SpaceMobile Inc (ASTS, Financial) shows a trend with 1 insider buy and 2 insider sells. Shanti Gupta has sold a total of 80,000 shares and has not made any purchases during the same period.
The shares of AST SpaceMobile Inc (ASTS, Financial) were trading at $25.83 on the day of the transaction, giving the company a market cap of approximately $4.00 billion.
For further insights into the company's valuation metrics, AST SpaceMobile Inc (ASTS, Financial) can be analyzed through various financial ratios such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. Additionally, the GF Value provides a unique insight into the stock's fair value, incorporating historical multiples, analyst forecasts, and adjustments based on the company's past performance and future prospects.
This insider sell event may be of interest to investors tracking insider behaviors and company stock performance, providing a data point in the broader analysis of AST SpaceMobile Inc (ASTS, Financial).
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