GSAT Logo

Globalstar, Inc. (GSAT) 

AMEX
Market Cap
$3.82B
Sector
Communication Services
Industry
Telecommunications Services
Rank in Sector
10 of 160
Rank in Industry
2 of 32

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.

2024-12-10SaleGeneral Counsel
38,624
0.0018%
$2.08$80,191-3.06%
2024-12-09SaleGeneral Counsel
37,688
0.002%
$2.13$80,275+6.87%
2024-12-09SaleVP & Chief Financial Officer
37,688
0.002%
$2.13$80,275+6.87%
2024-12-03Saledirector
90,000
0.0044%
$1.93$173,754+2.86%
2024-09-12SaleVP, Finance & Operations
395,000
0.0208%
$1.18$465,587+4.24%
2024-09-11SaleVP, Finance & Operations
395,000
0.02%
$1.22$482,0980.00%
2024-09-03SaleVP & Chief Financial Officer
75,000
0.0039%
$1.25$93,750-2.34%
2024-06-28SaleChief Executive Officer
4.51M
0.2383%
$1.06$4.8M0.00%
2024-06-28Purchase
4.51M
0.2383%
$1.06$4.8M0.00%
2024-06-03SaleVP & Chief Financial Officer
75,000
0.0039%
$1.11$82,943+10.00%
2024-03-15SaleVP & Chief Financial Officer
75,000
0.0037%
$1.39$104,250-14.97%
2024-03-14SaleVP, Finance & Operations
395,000
0.0207%
$1.43$565,324-11.35%
2024-03-13SaleVP, Finance & Operations
395,000
0.0211%
$1.45$574,133-13.19%
2024-03-13Purchasedirector
660,000
0.0352%
$1.46$960,300-13.19%
2024-03-12Purchasedirector
660,000
0.0343%
$1.44$952,776-14.38%
2024-03-11Purchasedirector
660,000
0.0344%
$1.42$934,890-11.62%
2024-03-08Purchasedirector
660,000
0.0352%
$1.34$883,872-4.55%
2024-03-07Purchasedirector
660,000
0.0352%
$1.31$863,742-3.08%
2023-12-29Purchasedirector
500,000
0.0262%
$1.93$963,700-32.82%
2023-12-20Purchasedirector
500,000
0.0267%
$1.73$863,800-23.33%

Insider Historical Profitability

<0.0001%
Lynch James Fdirector
12340720
0.6521%
$2.02101<0.0001%
Taylor Timothy EvanVP, Finance & Operations
9883649
0.5223%
$2.02211<0.0001%
Monroe James III
8708254
0.4602%
$2.02682<0.0001%
JACOBS PAUL EChief Executive Officer
3143182
0.1661%
$2.0202
Ponder L Barbee IVGeneral Counsel
2057241
0.1087%
$2.02313<0.0001%
Clary RebeccaVP & Chief Financial Officer
1396027
0.0738%
$2.02015
HASLER WILLIAM Adirector
848668
0.0448%
$2.0201
Kagan David B.Chief Executive Officer
3333270
0.1761%
$2.0220<0.0001%
COWAN KEITH Odirector
626468
0.0331%
$2.0210<0.0001%
Miller Robert DSVP, Eng. & Groung Ops.
626453
0.0331%
$2.02013
Wolff Benjamin Gdirector
612670
0.0324%
$2.0280<0.0001%
Ahmad FuadSVP & Chief Financial Officer
607266
0.0321%
$2.0208
JONES KENNETH Edirector
500000
0.0264%
$2.0220<0.0001%
Bell StevenSVP, Int'l Sale & Mkting
407598
0.0215%
$2.02015
Allen Dennis CSVP, Sales & Marketing
383653
0.0203%
$2.0206
Navarra Anthony JPresident Space Operations
327631
0.0173%
$2.02027
McIntyre J Patrick Jrdirector
97983
0.0052%
$2.0220<0.0001%
Kneuer Johndirector
80500
0.0043%
$2.0231+51.91%
Roberts Richard SCorporate Secretary
50800
0.0027%
$2.0210<0.0001%
Monte Paul AVP, Eng. & Prod. Develop.
48916
0.0026%
$2.0207
Adler William FVP-Legal & Reg. Affairs
34493
0.0018%
$2.0209
Neilsen Martin E.VP - New Business Ventures
29954
0.0016%
$2.0204
Colby Thomas MChief Operating Officer
10000
0.0005%
$2.0210<0.0001%
Mar StuartVP & Chief Accounting Officer
5475
0.0003%
$2.0203
Dalton Peter Jdirector
498
0%
$2.0201

Institutional Investor Ownership

Top Shareholders
Top Buyers
Top Sellers
New Shareholders
Sold-Out Shareholders
The Vanguard Group$107.65M3.8573.23M+2.08%+$2.2M<0.01
BlackRock$76.41M2.7451.98M-0.52%-$402,716.79<0.01
Mudrick Capital Management$47.71M1.7132.46M-21.75%-$13.26M92.42
Greenhouse Funds Lllp$27.44M0.9818.66M+49.37%+$9.07M1.73
BECK MACK + OLIVER$27.07M0.9718.42M-0.14%-$36,750.000.55
State Street$24.81M0.8916.88M+4.54%+$1.08M<0.01
Geode Capital Management$23.19M0.8315.77M+4.99%+$1.1M<0.01
Plustick Management LLC$16.13M0.5810.97M+10.31%+$1.51M15.6
Anson Funds Management Lp$15.93M0.5710.84M+38.8%+$4.45M1.02
ROYCE & ASSOCIATES INC$15.06M0.5410.24M0%+$00.13
Ashford Capital Management Inc$10.33M0.377.03M+1,551.69%+$9.71M1.4
Northern Trust$10.1M0.366.87M-0.71%-$71,947.68<0.01
Charles Schwab$8.57M0.315.83M+3.27%+$271,423.75<0.01
Legion Partners Asset Management Llc$8M0.295.45M0%+$01.85
Softbank Group Corp$7.08M0.254.82M0%+$00.04
Nuveen$5.43M0.193.69M-0.61%-$33,113.22<0.01
Wolf Hill Capital Management Lp$5.15M0.193.51M+57.29%+$1.88M0.34
Fidelity Investments$4.99M0.183.4M-0.1%-$4,849.53<0.0001
UBS$4.22M0.152.87M+2.61%+$107,558.43<0.01
Magnus Financial Group LLC$3.91M0.142.66M+5.4%+$200,222.810.5
D. E. Shaw & Co.$3.78M0.142.57M+11.15%+$379,409.95<0.01
BNY Mellon$3.65M0.132.48M-6.22%-$242,241.24<0.01
JPMorgan Chase$3.55M0.132.41M+24%+$686,625.29<0.0001
First Trust$3.53M0.132.4M+29.78%+$809,465.59<0.01
Robertson Stephens Wealth Management Llc$3.27M0.122.22M+10.27%+$304,290.000.04
Voya Investment Management LLC$2.71M0.11.85M-42.6%-$2.01M<0.01
683 Capital Management Llc$2.55M0.091.73M0%+$00.28
Goldman Sachs$2.54M0.091.73M+4.67%+$113,453.17<0.0001
Swiss National Bank$2.21M0.081.5M+3.57%+$75,998.99<0.01
Barclays$1.95M0.071.33M-50.35%-$1.98M<0.01
Penserra Capital Management Llc$1.92M0.071.31M+9.46%+$165,865.230.02
Credit Suisse$1.82M0.071.24M+2.6%+$46,244.73<0.01
Morgan Stanley$1.75M0.061.19M-52.94%-$1.97M<0.0001
Bank of America$1.69M0.061.15M-29.65%-$713,138.26<0.0001
Linden Thomas Advisory Services Llc$1.69M0.061.15M+1.6%+$26,499.690.27
Hightower Advisors$1.59M0.061.08M+0.23%+$3,677.96<0.01
Murchinson Ltd$1.47M0.051MNew+$1.47M0.16
RhumbLine Advisers$1.46M0.05993,340+3.12%+$44,153.94<0.01
Mirae Asset Global Investments Co Ltd$819,876.000.04811,758+15.13%+$107,729.68<0.01
CalSTRS$1.11M0.04756,299-1.76%-$19,946.44<0.01
Legal & General$1.09M0.04738,4470%+$0<0.0001
AllianceBernstein$1.05M0.04715,360+3.74%+$37,925.99<0.0001
T. Rowe Price$1.03M0.04697,461+8.62%+$81,449.10<0.0001
Merrion Investment Management Co LLC$979,404.000.04666,2610%+$00.7
Ubs Asset Management Americas Inc$907,533.000.03617,3700%+$0<0.0001
Eisler Capital Us Llc$768,419.000.03522,734New+$768,419.000.26
Jane Street Capital$757,374.000.03515,220-44.68%-$611,708.64<0.01
Boothbay Fund Management LLC$735,000.000.03500,000New+$735,000.000.02
Ci Private Wealth Llc$735,000.000.03500,000-23.08%-$220,500.00<0.0001
LINSCO PRIVATE LEDGER CORP$698,437.000.03475,127-26.95%-$257,698.46<0.0001
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