Iridium Communications Inc’s filing revealed that its Director FITZPATRICK THOMAS unloaded Company’s shares for reported $0.38 million on Oct 31 ’25. In the deal valued at $18.00 per share,20,839 shares were sold. As a result of this transaction, FITZPATRICK THOMAS now holds 231,034 shares worth roughly $4.12 million.
Then, DESCH MATTHEW J bought 20,000 shares, generating $346,600 in total proceeds. Upon buying the shares at $17.33, the CHIEF EXECUTIVE OFFICER now owns 1,127,019 shares.
Before that, THOMAS FITZPATRICK bought 20,839 shares. Iridium Communications Inc shares valued at $375,102 were divested by the Director at a price of $18.00 per share.
Raymond James downgraded its Iridium Communications Inc [IRDM] rating to an Outperform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including BWS Financial’s analysts, who decreased its forecast for the stock in early September from “a Neutral” to “a Sell”. Oppenheimer began covering IRDM with “an Outperform” recommendation on May 05, 2025. William Blair revised its rating on April 22, 2025. It rated IRDM as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of IRDM
On Tuesday, Iridium Communications Inc [NASDAQ:IRDM] saw its stock fall -2.62% to $17.82. Over the last five days, the stock has gained 2.89%. Iridium Communications Inc shares have fallen nearly -39.24% since the year began. Nevertheless, the stocks have fallen -38.59% over the past one year. While a 52-week high of $34.45 was reached on 02/18/25, a 52-week low of $16.75 was recorded on 10/30/25.
Levels Of Support And Resistance For IRDM Stock
The 24-hour chart illustrates a support level at 17.56, which if violated will result in even more drops to 17.31. On the upside, there is a resistance level at 18.27. A further resistance level may holdings at 18.73.
How much short interest is there in Iridium Communications Inc?
A steep rise in short interest was recorded in Iridium Communications Inc stocks on 2025-10-15, dropping by -2.95 million shares to a total of 9.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 12.78 million shares. There was a decline of -29.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 24, 2025 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $40 price target.
