Globalstar, Inc. (GSAT)
Largest Insider Buys in Sector
GSAT Stock Price History Chart
GSAT Stock Performance
About Globalstar, Inc.
Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.
Insider Activity of Globalstar, Inc.
Over the last 12 months, insiders at Globalstar, Inc. have bought $12.49M and sold $7.75M worth of Globalstar, Inc. stock.
On average, over the past 5 years, insiders at Globalstar, Inc. have bought $8.42M and sold $22.48M worth of stock each year.
Highest buying activity among insiders over the last 12 months: Lynch James F (director) — $7.69M. Monroe James III () — $4.8M.
The last purchase of 4,510,855 shares for transaction amount of $4.8M was made by Monroe James III () on 2024‑06‑28.
List of Insider Buy and Sell Transactions, Globalstar, Inc.
| 2024-12-10 | Sale | General Counsel | 38,624 0.0018% | $2.08 | $80,191 | -3.06% | ||
| 2024-12-09 | Sale | General Counsel | 37,688 0.002% | $2.13 | $80,275 | +6.87% | ||
| 2024-12-09 | Sale | VP & Chief Financial Officer | 37,688 0.002% | $2.13 | $80,275 | +6.87% | ||
| 2024-12-03 | Sale | director | 90,000 0.0044% | $1.93 | $173,754 | +2.86% | ||
| 2024-09-12 | Sale | VP, Finance & Operations | 395,000 0.0208% | $1.18 | $465,587 | +4.24% | ||
| 2024-09-11 | Sale | VP, Finance & Operations | 395,000 0.02% | $1.22 | $482,098 | 0.00% | ||
| 2024-09-03 | Sale | VP & Chief Financial Officer | 75,000 0.0039% | $1.25 | $93,750 | -2.34% | ||
| 2024-06-28 | Sale | Chief Executive Officer | 4.51M 0.2383% | $1.06 | $4.8M | 0.00% | ||
| 2024-06-28 | 4.51M 0.2383% | $1.06 | $4.8M | 0.00% | ||||
| 2024-06-03 | Sale | VP & Chief Financial Officer | 75,000 0.0039% | $1.11 | $82,943 | +10.00% | ||
| 2024-03-15 | Sale | VP & Chief Financial Officer | 75,000 0.0037% | $1.39 | $104,250 | -14.97% | ||
| 2024-03-14 | Sale | VP, Finance & Operations | 395,000 0.0207% | $1.43 | $565,324 | -11.35% | ||
| 2024-03-13 | Sale | VP, Finance & Operations | 395,000 0.0211% | $1.45 | $574,133 | -13.19% | ||
| 2024-03-13 | director | 660,000 0.0352% | $1.46 | $960,300 | -13.19% | |||
| 2024-03-12 | director | 660,000 0.0343% | $1.44 | $952,776 | -14.38% | |||
| 2024-03-11 | director | 660,000 0.0344% | $1.42 | $934,890 | -11.62% | |||
| 2024-03-08 | director | 660,000 0.0352% | $1.34 | $883,872 | -4.55% | |||
| 2024-03-07 | director | 660,000 0.0352% | $1.31 | $863,742 | -3.08% | |||
| 2023-12-29 | director | 500,000 0.0262% | $1.93 | $963,700 | -32.82% | |||
| 2023-12-20 | director | 500,000 0.0267% | $1.73 | $863,800 | -23.33% |
Insider Historical Profitability
| Lynch James F | director | 12340720 0.6521% | $2.02 | 10 | 1 | <0.0001% |
| Taylor Timothy Evan | VP, Finance & Operations | 9883649 0.5223% | $2.02 | 2 | 11 | <0.0001% |
| Monroe James III | 8708254 0.4602% | $2.02 | 68 | 2 | <0.0001% | |
| JACOBS PAUL E | Chief Executive Officer | 3143182 0.1661% | $2.02 | 0 | 2 | |
| Ponder L Barbee IV | General Counsel | 2057241 0.1087% | $2.02 | 3 | 13 | <0.0001% |
| Clary Rebecca | VP & Chief Financial Officer | 1396027 0.0738% | $2.02 | 0 | 15 | |
| HASLER WILLIAM A | director | 848668 0.0448% | $2.02 | 0 | 1 | |
| Kagan David B. | Chief Executive Officer | 3333270 0.1761% | $2.02 | 2 | 0 | <0.0001% |
| COWAN KEITH O | director | 626468 0.0331% | $2.02 | 1 | 0 | <0.0001% |
| Miller Robert D | SVP, Eng. & Groung Ops. | 626453 0.0331% | $2.02 | 0 | 13 | |
| Wolff Benjamin G | director | 612670 0.0324% | $2.02 | 8 | 0 | <0.0001% |
| Ahmad Fuad | SVP & Chief Financial Officer | 607266 0.0321% | $2.02 | 0 | 8 | |
| JONES KENNETH E | director | 500000 0.0264% | $2.02 | 2 | 0 | <0.0001% |
| Bell Steven | SVP, Int'l Sale & Mkting | 407598 0.0215% | $2.02 | 0 | 15 | |
| Allen Dennis C | SVP, Sales & Marketing | 383653 0.0203% | $2.02 | 0 | 6 | |
| Navarra Anthony J | President Space Operations | 327631 0.0173% | $2.02 | 0 | 27 | |
| McIntyre J Patrick Jr | director | 97983 0.0052% | $2.02 | 2 | 0 | <0.0001% |
| Kneuer John | director | 80500 0.0043% | $2.02 | 3 | 1 | +51.91% |
| Roberts Richard S | Corporate Secretary | 50800 0.0027% | $2.02 | 1 | 0 | <0.0001% |
| Monte Paul A | VP, Eng. & Prod. Develop. | 48916 0.0026% | $2.02 | 0 | 7 | |
| Adler William F | VP-Legal & Reg. Affairs | 34493 0.0018% | $2.02 | 0 | 9 | |
| Neilsen Martin E. | VP - New Business Ventures | 29954 0.0016% | $2.02 | 0 | 4 | |
| Colby Thomas M | Chief Operating Officer | 10000 0.0005% | $2.02 | 1 | 0 | <0.0001% |
| Mar Stuart | VP & Chief Accounting Officer | 5475 0.0003% | $2.02 | 0 | 3 | |
| Dalton Peter J | director | 498 0% | $2.02 | 0 | 1 |
Institutional Investor Ownership
| The Vanguard Group | $107.65M | 3.85 | 73.23M | +2.08% | +$2.2M | <0.01 | |
| BlackRock | $76.41M | 2.74 | 51.98M | -0.52% | -$402,716.79 | <0.01 | |
| Mudrick Capital Management | $47.71M | 1.71 | 32.46M | -21.75% | -$13.26M | 92.42 | |
| Greenhouse Funds Lllp | $27.44M | 0.98 | 18.66M | +49.37% | +$9.07M | 1.73 | |
| BECK MACK + OLIVER | $27.07M | 0.97 | 18.42M | -0.14% | -$36,750.00 | 0.55 | |
| State Street | $24.81M | 0.89 | 16.88M | +4.54% | +$1.08M | <0.01 | |
| Geode Capital Management | $23.19M | 0.83 | 15.77M | +4.99% | +$1.1M | <0.01 | |
| Plustick Management LLC | $16.13M | 0.58 | 10.97M | +10.31% | +$1.51M | 15.6 | |
| Anson Funds Management Lp | $15.93M | 0.57 | 10.84M | +38.8% | +$4.45M | 1.02 | |
| ROYCE & ASSOCIATES INC | $15.06M | 0.54 | 10.24M | 0% | +$0 | 0.13 | |
| Ashford Capital Management Inc | $10.33M | 0.37 | 7.03M | +1,551.69% | +$9.71M | 1.4 | |
| Northern Trust | $10.1M | 0.36 | 6.87M | -0.71% | -$71,947.68 | <0.01 | |
| Charles Schwab | $8.57M | 0.31 | 5.83M | +3.27% | +$271,423.75 | <0.01 | |
| Legion Partners Asset Management Llc | $8M | 0.29 | 5.45M | 0% | +$0 | 1.85 | |
| Softbank Group Corp | $7.08M | 0.25 | 4.82M | 0% | +$0 | 0.04 | |
| Nuveen | $5.43M | 0.19 | 3.69M | -0.61% | -$33,113.22 | <0.01 | |
| Wolf Hill Capital Management Lp | $5.15M | 0.19 | 3.51M | +57.29% | +$1.88M | 0.34 | |
| Fidelity Investments | $4.99M | 0.18 | 3.4M | -0.1% | -$4,849.53 | <0.0001 | |
| UBS | $4.22M | 0.15 | 2.87M | +2.61% | +$107,558.43 | <0.01 | |
| Magnus Financial Group LLC | $3.91M | 0.14 | 2.66M | +5.4% | +$200,222.81 | 0.5 | |
| D. E. Shaw & Co. | $3.78M | 0.14 | 2.57M | +11.15% | +$379,409.95 | <0.01 | |
| BNY Mellon | $3.65M | 0.13 | 2.48M | -6.22% | -$242,241.24 | <0.01 | |
| JPMorgan Chase | $3.55M | 0.13 | 2.41M | +24% | +$686,625.29 | <0.0001 | |
| First Trust | $3.53M | 0.13 | 2.4M | +29.78% | +$809,465.59 | <0.01 | |
| Robertson Stephens Wealth Management Llc | $3.27M | 0.12 | 2.22M | +10.27% | +$304,290.00 | 0.04 | |
| Voya Investment Management LLC | $2.71M | 0.1 | 1.85M | -42.6% | -$2.01M | <0.01 | |
| 683 Capital Management Llc | $2.55M | 0.09 | 1.73M | 0% | +$0 | 0.28 | |
| Goldman Sachs | $2.54M | 0.09 | 1.73M | +4.67% | +$113,453.17 | <0.0001 | |
| Swiss National Bank | $2.21M | 0.08 | 1.5M | +3.57% | +$75,998.99 | <0.01 | |
| Barclays | $1.95M | 0.07 | 1.33M | -50.35% | -$1.98M | <0.01 | |
| Penserra Capital Management Llc | $1.92M | 0.07 | 1.31M | +9.46% | +$165,865.23 | 0.02 | |
| Credit Suisse | $1.82M | 0.07 | 1.24M | +2.6% | +$46,244.73 | <0.01 | |
| Morgan Stanley | $1.75M | 0.06 | 1.19M | -52.94% | -$1.97M | <0.0001 | |
| Bank of America | $1.69M | 0.06 | 1.15M | -29.65% | -$713,138.26 | <0.0001 | |
| Linden Thomas Advisory Services Llc | $1.69M | 0.06 | 1.15M | +1.6% | +$26,499.69 | 0.27 | |
| Hightower Advisors | $1.59M | 0.06 | 1.08M | +0.23% | +$3,677.96 | <0.01 | |
| Murchinson Ltd | $1.47M | 0.05 | 1M | New | +$1.47M | 0.16 | |
| RhumbLine Advisers | $1.46M | 0.05 | 993,340 | +3.12% | +$44,153.94 | <0.01 | |
| Mirae Asset Global Investments Co Ltd | $819,876.00 | 0.04 | 811,758 | +15.13% | +$107,729.68 | <0.01 | |
| CalSTRS | $1.11M | 0.04 | 756,299 | -1.76% | -$19,946.44 | <0.01 | |
| Legal & General | $1.09M | 0.04 | 738,447 | 0% | +$0 | <0.0001 | |
| AllianceBernstein | $1.05M | 0.04 | 715,360 | +3.74% | +$37,925.99 | <0.0001 | |
| T. Rowe Price | $1.03M | 0.04 | 697,461 | +8.62% | +$81,449.10 | <0.0001 | |
| Merrion Investment Management Co LLC | $979,404.00 | 0.04 | 666,261 | 0% | +$0 | 0.7 | |
| Ubs Asset Management Americas Inc | $907,533.00 | 0.03 | 617,370 | 0% | +$0 | <0.0001 | |
| Eisler Capital Us Llc | $768,419.00 | 0.03 | 522,734 | New | +$768,419.00 | 0.26 | |
| Jane Street Capital | $757,374.00 | 0.03 | 515,220 | -44.68% | -$611,708.64 | <0.01 | |
| Boothbay Fund Management LLC | $735,000.00 | 0.03 | 500,000 | New | +$735,000.00 | 0.02 | |
| Ci Private Wealth Llc | $735,000.00 | 0.03 | 500,000 | -23.08% | -$220,500.00 | <0.0001 | |
| LINSCO PRIVATE LEDGER CORP | $698,437.00 | 0.03 | 475,127 | -26.95% | -$257,698.46 | <0.0001 |