Director Julio A. Torres sold 15.0K ASTS shares at $76.34; stock at $83.01, down 36.1% from 52-week high of $129.89.
Torres Julio A., a director, sold 15,000 shares of AST SpaceMobile at $76.34 on 2026-05-13, reducing his position from 58,239 to 43,239 shares. The sale occurred at a price that is 8.3% below the current price of $83.01, yet the stock remains substantially depressed at 36.1% below its 52-week high of $129.89. The company is unprofitable with net income of $-191.0M against quarterly revenue of $14.7M, and trades in a volatile band (52-week range $22.47–$129.89). Notably, Torres's cross-ticker track record shows only 1 prior sell transaction with a 90-day well-timed rate of 0.00%, suggesting no demonstrated pattern of prescient selling across his insider trading history. The timing of this disposition—at a depressed stock price after recent weakness—offers limited clarity on conviction or signal about near-term stock direction.