Director Adriana Cisneros bought 750 shares at $50.79 on 2025-11-20; stock now $55.00, but down 42.5% from 52-week high.
Adriana Cisneros, a director, purchased 750 shares in 2 separate transactions totaling $38,092.50 at $50.79 per share, increasing her holdings from 783,327 to 784,077 shares. This represents a minimal addition of 0.1% to her existing position. The purchase timing is concerning: the stock has declined 25.4% over the past 30 days and is currently trading 42.5% below its 52-week high of $95.69, though it has gained 9.1% over 90 days. Critically, Cisneros's prior 5 purchases at this same ticker (all on 2024-09-06) each posted negative 90-day returns ranging from -14.0% to -14.9%, with a 0% success rate, suggesting a consistent pattern of poorly-timed entry points at ASTS. The company is unprofitable, with a net loss of $122.9M against revenue of $14.7M in the latest quarter, adding fundamental risk to the valuation question.