Algert Global LLC acquired a new stake in AST SpaceMobile, Inc. ( NASDAQ:ASTS – Free Report ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 29,370 shares of the company’s stock, valued at approximately $768,000. A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of AST SpaceMobile by 49.9% in the first quarter. Vanguard Group Inc. now owns 6,663,760 shares of the company’s stock worth $19,325,000 after purchasing an additional 2,217,531 shares during the last quarter. Privium Fund Management B.V. bought a new position in AST SpaceMobile in the 3rd quarter worth about $21,476,000. Oppenheimer & Co. Inc. purchased a new position in shares of AST SpaceMobile during the second quarter worth approximately $9,270,000. Charles Schwab Investment Management Inc. raised its stake in shares of AST SpaceMobile by 228.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,131,705 shares of the company’s stock valued at $29,594,000 after acquiring an additional 787,566 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in shares of AST SpaceMobile during the second quarter valued at approximately $4,757,000. Hedge funds and other institutional investors own 60.95% of the company’s stock. AST SpaceMobile Trading Up 2.2 % Shares of NASDAQ:ASTS opened at $23.81 on Friday. The company has a current ratio of 5.80, a quick ratio of 5.80 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $6.90 billion, a PE ratio of -11.23 and a beta of 1.64. AST SpaceMobile, Inc. has a 12-month low of $1.97 and a 12-month high of $39.08. The business’s fifty day simple moving average is $24.96 and its 200-day simple moving average is $19.66. Insider Buying and Selling at AST SpaceMobile Analyst Upgrades and Downgrades Several research firms have commented on ASTS. UBS Group raised their price objective on AST SpaceMobile from $30.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Scotiabank cut their price target on AST SpaceMobile from $45.90 to $44.70 and set a “sector outperform” rating on the stock in a research note on Friday, November 15th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of AST SpaceMobile from $22.00 to $63.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Finally, B. Riley raised their target price on shares of AST SpaceMobile from $26.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, August 29th. Get Our Latest Report on ASTS About AST SpaceMobile ( Free Report ) AST SpaceMobile, Inc, together with its subsidiaries, develops and provides access to a space-based cellular broadband network for smartphones in the United States. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas. Read More Want to see what other hedge funds are holding ASTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AST SpaceMobile, Inc. ( NASDAQ:ASTS – Free Report ). Receive News & Ratings for AST SpaceMobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AST SpaceMobile and related companies with MarketBeat.com's FREE daily email newsletter .Ulta Beauty (NASDAQ:ULTA) Downgraded to Market Perform Rating by William Blair
RJ Thompson scored 23 points -- including the go-ahead 3-pointer with 56 seconds left -- as Charleston Southern shocked host Miami 83-79 on Saturday afternoon. Miami entered the game as a 23.5-point favorite. Charleston (2-7) won its first game of the season away from home after losing its previous six road or neutral-court contests. The Buccaneers also got 21 points from Thompson Camara and 20 points and 11 rebounds from Taje' Kelly. Camara match his previous career point total. Miami (3-4), playing at home for the first time in two weeks, lost its fourth straight game. Brandon Johnson led Miami with 23 points and freshman Austin Swartz scored a career-high 15. Swartz entered the game averaging just 2.3 points For the first time this season, Miami was without Nijel Pack, who has a lower-body injury. Pack leads the team in scoring (15.2) and assists (4.7). With Pack out, five-star freshman Jalil Bethea made his first start and had six points. The game featured quite a contrast in coaches. Miami's Jim Larranaga, 75, has won 743 games in 41-plus seasons. Charleston Southern's Saah Nimley, 31, is in his full first season as a head coach. He was named interim coach in November 2023. In the first half, Miami raced to a 17-10 lead. However, Charleston Southern posted an 11-0 run to grab a 21-17 advantage. The Hurricanes lost control late in the first half as Miami's Johnson hit a 3-pointer and was hit with a technical foul for taunting. Later in the first half, Larranaga was also hit with a technical. By the end of the half, the Buccaneers led 45-37. Camara led Charleston Southern with 16 first-half points on 6-for-7 shooting, including 4-of-5 on 3-pointers. Johnson scored 12 for Miami in the opening half, all on 3-pointers. In the second half, Charleston Southern stretched its lead to 13. Miami rallied as the clock wound down. With 38 seconds left, Miami called a timeout while trailing 81-79. With 15 seconds left, Swartz missed a 3-pointer and the Buccaneers got the rebound. Daylen Berry made two free throws with 11 seconds left to ice the game. Up next, Miami will host No. 19 Arkansas on Tuesday night as part of the ACC/SEC Challenge. Charleston Southern will return home to face Tennessee-Martin on Tuesday night. --Field Level Media
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