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1 insider bought €26.0M of shares over the last 90 days, the latest filed 21 Sept 2026.
Globalstar, Inc.: what insiders have been doing
Globalstar, Inc. belongs to the Media sector. Filings by its managers are published through SEC (Form 4). In the past year (18 October 2025 to 18 October 2026), 66 filings came from 14 insiders.
The record shows 1 purchase on the open market worth €26.0M, made by 1 insider, against 21 sales worth €51.4M by 6 insiders. Sales outweigh purchases by €25.4M. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. One trade stands out by size: a purchase of €26.0M from Monroe James III, disclosed on 21 September 2026, or 0.28% of market capitalisation. Among those who bought: 1 senior executive.
With 66 filings in twelve months, the company is more active than the median of 19 filings across the 5,810 companies we follow on the same exchange. Our records for Globalstar, Inc. go back to 2016, with 40 purchases and 48 sales on the open market in total. On the fundamentals side, the SEC filing (10-K) for the period ending 31 December 2025 lists revenue at 273.0 m USD and net income at -8.7 m USD.
The latest purchase is recent: it was published 27 days ago, on 21 September 2026. The median gap between a trade and its publication by SEC (Form 4) is 2 days. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
Other companies in the same sector with recent insider buying flagged by our signals: Liberty Latin America Ltd. and Dolphin Entertainment, Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Insider Decl.
250
Thresholds
n/a
Buy Volume
€64M
40 ops. · all time
Sell Volume
€117M
48 ops. · all time
Who traded when
BuySaleJames Monroe III18 buys
Clary Rebecca11 sales
L. Barbee Ponder IV8 sales
Timothy Evan Taylor5 sales
Benjamin G. Wolff4 sales
Jacobs Paul e2 sales
+2 other insiders
Since the insiders bought
- +330.1%Entry US$19.17 · Close at T+365 US$82.45
- +1.2%Entry US$21.90 · Close at T+365 US$22.16
- -19.8%Entry US$26.55 · Close at T+365 US$21.30
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 16,223 of 24,148 companies
40.4
score / 100
Value47
Quality33
FCF yld4.8%
Earn yld-0.1%
EV/EBITDA·
ROE-16%
Gross mgn65%
Net mgn-3.2%
Debt/EBITDA5.4x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$82.40
Analyst consensus
3 analysts2.33/5
US$90.00Target US$90.00(+9%)US$90.00
Income statement
RevenueUS$273M
Gross profitUS$176.9M65% margin
EBITDAUS$102.1M37% margin
Net income-US$8.7M-18.5% margin
Valuation
PER (forward)334.6x
P/Book36.5x
Beta1.45
Balance sheet & cash
Market capUS$10.7B
Total debtUS$546.3M
Free Cash FlowUS$513.6M
Debt / Equity143%
Profitability & ownership
ROE-15.9%
ROA0.4%
% insiders59.4%
% institutions27.3%
Last declaration on 22 September 2026
Declarations250 total
4,000 shares0Voting Common StockSEC:0001496862-26-000011:0
1,692 shares@ US$82.9570.0013% mcap2.6% of flowCommonSEC144:0001496862-26-000010
361,600 shares@ US$82.520.28% mcap43.9% of flowVoting Common StockSEC:0001379664-26-000002:0
Canonical exit: 17 Dec 2026 (T+90)
361,600 shares@ US$82.520.28% mcap57.0% of flowVoting Common StockSEC:0001379816-26-000003:0
6,666 shares@ US$17.400.0011% mcap0.8% of flowVoting Common StockSEC:0001368618-26-000013:0
6,666 shares@ US$19.500.0012% mcap0.9% of flowVoting Common StockSEC:0001368618-26-000013:1
4,444 shares@ US$28.050.0011% mcap0.9% of flowVoting Common StockSEC:0001368618-26-000013:2
2,222 shares@ US$32.850.0007% mcap0.5% of flowVoting Common StockSEC:0001368618-26-000013:3
19,998 shares@ US$81.980.015% mcap11.8% of flowCommonSEC144:0001368618-26-000012
110,000 shares@ US$81.74610.082% mcap100.0% of flowCommon StockSEC144:0001969223-26-000959
110,000 shares@ US$81.77630.082% mcap16.9% of flowVoting Common StockSEC:0001379816-26-000002:0
6,666 shares@ US$7.050.0004% mcap0.3% of flowVoting Common StockSEC:0001368618-26-000011:0
6,666 shares@ US$8.1060.0005% mcap0.4% of flowVoting Common StockSEC:0001368618-26-000011:1
6,666 shares@ US$5.0790.0003% mcap0.2% of flowVoting Common StockSEC:0001368618-26-000011:2
19,998 shares@ US$82.21330.015% mcap11.8% of flowCommonSEC144:0001368618-26-000010
24,100 shares@ US$82.17230.018% mcap27.2% of flowCommonSEC144:0001571391-26-000011
75,000 shares@ US$82.970.057% mcap100.0% of flowCommon StockSEC144:0001969223-26-000895
75,000 shares@ US$83.15020.057% mcap20.0% of flowVoting Common StockSEC:0001764225-26-000004:0
75,000 shares@ US$82.81740.057% mcap19.9% of flowVoting Common StockSEC:0001764225-26-000004:1
75,000 shares@ US$83.100.057% mcap100.0% of flowCommon StockSEC144:0001969223-26-000893
24,000 shares@ US$83.53790.018% mcap14.6% of flowVoting Common StockSEC:0001368618-26-000009:0
32,711 shares@ US$83.18520.025% mcap19.9% of flowVoting Common StockSEC:0001368618-26-000009:1
4,720 shares@ US$83.52370.0036% mcap7.2% of flowVoting Common StockSEC:0001496862-26-000009:0
56,711 shares@ US$83.400.043% mcap34.5% of flowCommonSEC144:0001368618-26-000008
12,045 shares@ US$83.21420.0092% mcap18.3% of flowVoting Common StockSEC:0001496862-26-000006:0
25 of 250 declarations
About Globalstar, Inc.
Globalstar, Inc. is a United States-based satellite telecommunications company listed on the NASDAQ under the ticker GSAT. For French-, Belgian- and Swiss-based investors, it is best viewed as a niche connectivity infrastructure company operating at the intersection of telecom, space assets and industrial IoT. Founded in the 1990s, Globalstar built its business around mobile satellite services, making it one of the early movers in satellite-enabled voice, messaging and data connectivity. The company is headquartered in Covington, Louisiana, United States.
Globalstar’s core model combines a low-Earth-orbit satellite constellation with a terrestrial ground network to deliver satellite voice, low-speed data, messaging and specialized connectivity in areas where terrestrial mobile coverage is limited or unavailable. Its best-known consumer-facing brand is SPOT, which has long been associated with personal satellite messaging, emergency communications and outdoor use cases. Beyond that, the company offers asset tracking, telematics, geolocation and machine-to-machine / IoT services, alongside wholesale satellite capacity services that have become increasingly important in the company’s recent strategic evolution.
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From a competitive standpoint, Globalstar operates in a focused but challenging niche. It does not compete as a broad consumer telecom carrier; instead, it differentiates itself through licensed spectrum, proprietary infrastructure, an installed base in safety-critical and field-based applications, and a value proposition centered on reliability and affordability. Its end markets include emergency services, government, maritime, transportation, agriculture, energy, construction and other remote-industrial applications.
Recent developments suggest that Globalstar is in the middle of a more capital-intensive growth phase. Public disclosures in 2025 and early 2026 highlighted network expansion initiatives, including progress on ground-station buildouts, the opening of a new Satellite Operations Control Center at headquarters, and the commercial rollout of two-way IoT capabilities through the RM200M module. The company also reported stronger wholesale capacity activity and continued commercial adoption across enterprise and government channels. In other words, Globalstar is trying to evolve from a specialized satellite services provider into a broader connectivity platform with more scalable industrial applications.
For equity investors, the key analytical points are execution, monetization of infrastructure investment, and the pace at which new satellite-enabled products translate into durable revenue growth. The company’s recent messaging indicates strategic momentum, but also underscores that its investment profile remains tied to long-cycle network deployment and commercialization. As a NASDAQ-listed issuer in the United States, Globalstar remains a name to watch for investors seeking exposure to satellite communications, IoT connectivity and remote-asset solutions.
