Globalstar Inc’s recently made public that its VP & Chief Financial Officer Clary Rebecca unloaded Company’s shares for reported $0.16 million on Sep 15 ’25. In the deal valued at $29.75 per share,5,359 shares were sold. As a result of this transaction, Clary Rebecca now holds 107,761 shares worth roughly $3.36 million.
Then, Clary Rebecca bought 5,359 shares, generating $159,458 in total proceeds.
Before that, Taylor Timothy Evan sold 26,333 shares. Globalstar Inc shares valued at $851,203 were divested by the VP, Finance & Operations at a price of $32.32 per share. As a result of the transaction, Taylor Timothy Evan now holds 346,578 shares, worth roughly $10.8 million.
Imperial Capital initiated its Globalstar Inc [GSAT] rating to an Outperform in a research note published on August 04, 2023; the price target was $7.79. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early May from “an Underweight” to “an Equal-weight”. Craig Hallum began covering GSAT with “Buy” recommendation on October 31, 2022. B. Riley Securities started covering the stock on June 21, 2021. It rated GSAT as “a Buy”.
Price Performance Review of GSAT
On Monday, Globalstar Inc [NASDAQ:GSAT] saw its stock jump 4.11% to $31.17. Over the last five days, the stock has lost -17.84%. Globalstar Inc shares have risen nearly 71.74% since the year began. Nevertheless, the stocks have risen 0.39% over the past one year.
How much short interest is there in Globalstar Inc?
A steep rise in short interest was recorded in Globalstar Inc stocks on 2025-08-29, growing by 0.4 million shares to a total of 2.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 2.55 million shares. There was a rise of 13.57%, which implies that there is a positive sentiment for the stock.
