The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Iridium Communications Inc shares valued at $122,346 were sold by FITZPATRICK THOMAS on Oct 28 ’25. At $18.00 per share, FITZPATRICK THOMAS sold 6,797 shares. The insider’s holdings dropped to 251,873 shares worth approximately $4.26 million following the completion of this transaction.
Also, FITZPATRICK THOMAS sold 3,331 shares, netting a total of over 59,958 in proceeds. Following the sale of shares at $18.00 each, the insider now holds 258,670 shares.
Before that, NIEHAUS ROBERT H had added 30,000 shares to its account. In a trade valued at $524,700, the Director bought Iridium Communications Inc shares for $17.49 each. Upon closing the transaction, the insider’s holdings increased to 30,000 shares, worth approximately $5.03 million.
As published in a research note from Raymond James on September 11, 2025, Iridium Communications Inc [IRDM] has been rated down from a Strong buy to an Outperform and the price target has been revised to $26. Analysts at BWS Financial downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in early September. As of May 05, 2025, Oppenheimer has initiated its “an Outperform” rating for IRDM. Earlier on April 22, 2025, William Blair upgraded its rating. Their new recommendation was “an Outperform” for IRDM stock which previously was a “a Mkt perform”.
Analyzing IRDM Stock Performance
On last trading session, Iridium Communications Inc [NASDAQ: IRDM] plunged -2.25% to $16.93. The stock’s lowest price that day was $16.83, but it reached a high of $17.43 in the same session. During the last five days, there has been a drop of approximately -13.89%. Over the course of the year, Iridium Communications Inc shares have dropped approximately -41.68%. Shares of the company reached a 52-week high of $34.45 on 02/18/25 and a 52-week low of $16.83 on 10/29/25.
Support And Resistance Levels for Iridium Communications Inc (IRDM)
According to the 24-hour chart, there is a support level at 16.70, which, if violated, would cause prices to drop to 16.46. In the upper region, resistance lies at 17.30. The next price resistance is at 17.66. RSI (Relative Strength Index) is 34.43 on the 14-day chart, showing neutral technical sentiment.
Is Iridium Communications Inc subject to short interest?
Stocks of Iridium Communications Inc saw a sharp steep in short interest on 2025-10-15 dropping by -2.95 million shares to 9.83 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 12.78 million shares. A decline of -29.98% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.51 of the overall float, the days-to-cover ratio (short ratio) decline to 3.51.
Which companies own the most shares of Iridium Communications Inc (IRDM)?
In terms of Iridium Communications Inc share price expectations, FactSet research, analysts set an average price target of 25 in the next 12 months, up nearly 44.34% from the previous closing price of $17.32. Analysts anticipate Iridium Communications Inc stock to reach 25 by 2025, with the lowest price target being 25. In spite of this, 12 analysts ranked Iridium Communications Inc stock as Buy at the end of 2025. On January 24, 2025, Cantor Fitzgerald assigned a price target of “an Overweight” to the stock and initiated coverage with a $40.
