AST SpaceMobile has lost more than half its value from its 52-week high. That alone does not make the stock interesting to me because a stock that has fallen 50% can still fall another 50%. What caught my attention was what happened near $57, where director Adriana Cisneros bought roughly $619,000 of (ASTS) at around $9 in 2021, $26 in 2024, and $51 in 2025. She has watched the company develop for years, seen the stock trade above $130, and has now chosen to commit more money at a higher price than before.
That is what makes this purchase particularly compelling to me. She is not averaging down from a bad entry. She is averaging up from much lower levels. Insider buying is often treated too simplistically, as though a director buying after a decline automatically means the stock is cheap. I do not think that way. I want to know what the buyer has already seen, what has changed since the previous purchase, and why they are prepared to pay more today than they were several years ago.