American Tower sold 2,288,621 ASTS shares (91.5% of holdings) for $159.6M at $69.75 on 2025-12-09.
American Tower executed a near-complete exit from AST SpaceMobile, reducing holdings from 2,500,000 shares to 211,379 shares through a single transaction valued at $159,631,314.75. The sale occurred at $69.75 per share, which is 17.8% below the current price of $84.75 and notably below the 52-week high of $95.69, suggesting the insider did not sell into peak valuations. The company remains deeply unprofitable with net income of $-122,874,000.00 against quarterly revenue of $14,739,000.00, indicating the target is pre-commercial or experiencing significant operational losses. The substantial divestiture by a major stakeholder at a price well below recent trading levels warrants investor scrutiny of the divergence between the insider's exit price and current market valuation, particularly given the company's ongoing losses.