Search the Newsreel

Globalstar Announces Successful Launch and Deployment of Latest LEO Satellites

Globalstar successfully launched and deployed its latest low Earth orbit (LEO) satellites, marking a significant expansion of its constellation. All satellites are performing as expected after reaching their intended orbits and establishing communication with the Satellite Operations Command Center. These new satellites will undergo …

SpaceX to launch Globalstar mission from Florida's Space Coast

SpaceX is set to launch the Globalstar 2-R Launch 1 mission from Cape Canaveral Space Force Station on Saturday night. The Falcon 9 rocket's first stage booster will be on its 14th flight and is expected to land back at Cape Canaveral. A backup …

Globalstar (GSAT) VP’s affiliated LLC sells 150,000 shares of voting stock

Globalstar (GSAT) VP, Finance & Operations Timothy Evan Taylor, through his affiliated LLC, Thermo Investments III, LLC, sold a total of 150,000 shares of Voting Common Stock. These sales occurred on August 12 and August 13, 2026, with volume-weighted average prices of $83.1502 and …

Globalstar VP Timothy Taylor sells $12.4m in shares

Timothy Evan Taylor, Globalstar's VP of Finance & Operations and a Director, recently sold 150,000 shares of the company's common stock in two transactions, totaling over $12.4 million. Following these sales, Mr. Taylor retains direct ownership of 255,467 shares and indirect beneficial ownership of …

Globalstar (GSAT) insider activity shows 75,000-share sale and 17.5M-share history

A recent SEC Form 144 filing reveals that Globalstar (GSAT) has a planned sale of 75,000 shares of common stock through UBS Financial Services Inc., valued at $6,222,750. The filing also details a prior acquisition of 17,500,000 shares in a 2021 private transaction from …

Renaissance Technologies LLC Acquires New Holdings in Globalstar, Inc. $GSAT

Renaissance Technologies LLC has acquired a new position in Globalstar, Inc. (NASDAQ:GSAT), purchasing 22,600 shares valued at approximately $1.5 million in the first quarter. Despite this institutional interest, analyst sentiment remains cautious with a consensus "Hold" rating and a price target below current trading …

Globalstar director Wolff sells $4.7 million in stock

Globalstar director Benjamin G. Wolff sold 56,711 shares of company stock in two transactions on August 11 and 12, 2026, totaling approximately $4.7 million. The sales occurred as the stock trades near its 52-week high after a 203% return over the past year. Following …

Globalstar, Inc. SEC Filing (Aug 12, 2026)

This article details Globalstar, Inc.'s Form 144 SEC filing on August 12, 2026, concerning a proposed sale of 75,000 shares of common stock with an aggregate market value of $6,232,500. The shares were acquired via a private transaction on May 27, 2021, from Thermo …

Globalstar (NASDAQ:GSAT) Director Sells $2,721,228.09 in Stock

Globalstar (NASDAQ:GSAT) Director Benjamin Wolff sold 32,711 shares of the company's stock for over $2.72 million on August 12, 2026, significantly reducing his stake. Following the sale, Globalstar's shares saw a slight dip, trading at $83.22, while the company reported a quarterly loss and …

Don't Ignore The Insider Selling In Globalstar

A recent insider sale at Globalstar (NASDAQ: GSAT) by General Counsel & VP, L. Ponder, involved US$1.0m worth of shares sold at US$83.21, accounting for 8.4% of their holding. While this was the largest insider sale in the last year, there have been no …

XCOM RAN by Globalstar Receives Frost & Sullivan's 2026 Global Enabling Technology Leadership Recognition for Private 5G Network Innovation

XCOM RAN by Globalstar has been awarded Frost & Sullivan's 2026 Global Enabling Technology Leadership Recognition for its innovative private 5G network platform. The company is recognized for its Supercell architecture, which simplifies deployment and management of private 5G networks, enabling high-performance connectivity for …

Globalstar general counsel Ponder L. Barbee IV sells $394k in stock

Ponder L. Barbee IV, General Counsel at Globalstar, Inc. (NASDAQ:GSAT), sold 4,720 shares of the company's common stock for approximately $394,231. This insider sale occurred as Globalstar shares traded near their 52-week high after a significant 197% gain over the past year. The article …

Insider Selling: Globalstar (NASDAQ:GSAT) General Counsel Sells 4,720 Shares

Globalstar's General Counsel, L Barbee Iv Ponder, sold 4,720 shares of the company's stock for $394,214.40 on August 11th, reducing their holdings by 3.59%. This transaction occurred while GSAT traded near its 12-month high. The company recently missed its quarterly earnings estimates and analysts …

GSAT (GSAT) insider files to sell 4,720 shares after recent 12,045-share sale

Globalstar, Inc. (GSAT) insider L. Barbee Ponder IV has filed to sell 4,720 shares of common stock, acquired through restricted stock vesting between 2017 and 2025. This planned sale follows a recent transaction on August 7, 2026, where the same insider sold 12,045 shares …

Globalstar (GSAT) General Counsel sells 12,045 shares at $83.21 average price

Globalstar, Inc.'s General Counsel, Ponder L Barbee IV, sold 12,045 shares of Voting Common Stock on August 7, 2026. The shares were sold in multiple trades at prices ranging from $83.19 to $83.37, with a volume-weighted average price of $83.2142 per share, totaling approximately …

Globalstar (GSAT) holder plans sale of 56,711 shares valued at 4.73M

A Globalstar (GSAT) common stock holder has filed a Form 144 notice to sell up to 56,711 shares, valued at approximately $4.73 million, through Morgan Stanley on NASDAQ. The proposed sale date is August 10, 2026. The filing provides details on previous share acquisitions, …

Dimensional Fund Advisors LP Raises Stock Holdings in Globalstar, Inc. $GSAT

Dimensional Fund Advisors LP increased its stake in Globalstar, Inc. (NASDAQ:GSAT) by 7.4% in the first quarter, now owning 231,690 shares valued at $15.4 million. Despite this, Globalstar reported a quarterly loss of $0.23 per share, missing consensus estimates, and its revenue declined. Analysts …

Sei Investments Co. Buys 15,101 Shares of Globalstar, Inc. $GSAT

Sei Investments Co. increased its stake in Globalstar, Inc. (NASDAQ:GSAT) by 46.5% in the first quarter, purchasing 15,101 shares and bringing its total holdings to 47,599 shares valued at $3.16 million. Despite this institutional buying and other firms also increasing their positions, Globalstar reported …

Globalstar (GSAT) Stock Rich Valuation Collides With Deepening Losses

GSAT (GSAT) files Form 144 for planned 12,045-share stock sale

Globalstar, Inc. (GSAT) has filed a Form 144 indicating a planned sale of 12,045 shares of common stock through Cetera Investment Services. These shares, valued at approximately $1,000,340.74, are expected to be sold on or after August 7, 2026, on NASDAQ. The shares originated …

Globalstar Announces Second Quarter 2026 Financial Results

Globalstar, Inc. announced its financial results for the second quarter ended June 30, 2026, generating $64.8 million in revenue, driven by record Commercial IoT subscriber activations. The company also reported continued progress on the regulatory approval process for its merger with Amazon and advanced …

Globalstar: Q2 Earnings Snapshot

Globalstar Inc. reported a loss of $26.5 million, or 23 cents per share, in its second quarter. The satellite communications company, based in Covington, Louisiana, posted total revenue of $64.8 million for the period. This financial summary was generated using data from Zacks Investment …

Globalstar, Inc. 2026: Revenue $64.77M, Net income ($26.54M), EPS ($0.23) — 10-Q Summary

Globalstar, Inc. (GSAT) reported its 2026 quarterly results, showing a revenue of $64.77 million, a net loss of $26.54 million, and a diluted EPS of ($0.23). These figures represent a decline compared to the prior-year quarter, which had revenue of $67.15 million, net income …

Is Globalstar Inc (GSAT) Facing Challenges After Q2 Earnings Mis

Globalstar Inc earnings missed by $0.17, revenue fell short of estimates

Globalstar Inc (NASDAQ: GSAT) reported second-quarter earnings per share of $-0.1983, missing analyst estimates by $0.17. Revenue for the quarter also fell short at $64.77 million against an estimated $72.43 million. Despite the earnings miss, Globalstar's stock has seen significant growth, up 1.66% in …

Globalstar (GSAT) Reports Q2 Loss, Lags Revenue Estimates

Globalstar (GSAT) reported a Q2 loss of $0.23 per share, significantly missing the Zacks Consensus Estimate of a $0.09 loss and reversing a profit from the prior year. The company also posted revenues of $64.77 million, falling short of analyst expectations by over 11%. …

Globalstar Q2 2026 earnings: Higher costs drive an operating loss

Globalstar (NASDAQ: GSAT) reported a Q2 2026 operating loss, with revenue down about 4% to $64.8 million and diluted EPS at -$0.23, primarily due to higher transaction, network, and technology-development costs. While Commercial IoT subscriptions and equipment sales grew, increased expenses pushed adjusted EBITDA …

Amazon to acquire Globalstar (NASDAQ: GSAT) in $90 per share merger

Earnings Flash (GSAT) Globalstar, Inc. Reports Q2 Revenue $64.8M, vs. FactSet Est of $72.0M

Globalstar, Inc. (GSAT) reported Q2 revenue of $64.8 million, falling short of the FactSet estimate of $72.0 million. The company's stock, GSAT, has seen a +36.37% change year-to-date. Globalstar provides mobile satellite services, including voice and data communications through its global satellite network.

Globalstar (GSAT) Could Be 7% Undervalued On Earnings That Swung To A Loss

Globalstar Inc expected to post a loss of 7 cents a share - Earnings Preview

Globalstar Inc (GSAT) is expected to report a loss of 7 cents per share. This information comes from a Refinitiv earnings preview. The full article is available through a TradingView subscription.

Globalstar (NASDAQ:GSAT) Hits New 52-Week High - Here's What Happened

Globalstar (NASDAQ:GSAT) reached a new 52-week high of $84.85, trading up from its previous close of $83.38. Despite this stock performance, analysts generally maintain a "Hold" rating with an average price target below the current share price, and the company recently missed its quarterly …

Globalstar stock hits 52-week high at 84.7 USD By Investing.com

Globalstar Inc. (GSAT) stock has reached a new 52-week high of $84.68 USD, marking a significant 260% increase over the past year. Despite this strong performance, InvestingPro analysis suggests the stock might be overvalued. The company recently postponed a satellite launch with SpaceX and …