AST SpaceMobile COO Dumps 12,000 Shares for $707,000 Amid a 47% One-Year Return
The insider maintains 462,980 shares worth $29 million after the sale, executed at prices just below market close during a period of strong stock performance.
AST SpaceMobile's COO, Shanti B. Gupta, recently sold 12,000 shares of the company's stock, resulting in a transaction valued at $707,000. The shares were sold at an average price of $58.89 per share, with a post-transaction market value of $59.27 per share as of September 16, 2026. AST SpaceMobile, a satellite communications infrastructure provider with a market capitalization of $25.5 billion, is currently in a growth phase, generating $115.3 million in trailing twelve-month revenue but also reporting a significant net loss of $618.8 million.
Brief written by urgent.news from Motley Fool's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
