Potential Price Increase for Globalstar Inc (GSAT) After Recent Insider Activity

Jaxson Clark

Globalstar Inc’s recent filing unveils that its VP & Chief Financial Officer Clary Rebecca unloaded Company’s shares for reported $0.19 million on Oct 16 ’25. In the deal valued at $44.43 per share,4,333 shares were sold. As a result of this transaction, Clary Rebecca now holds 110,852 shares worth roughly $5.2 million.

Then, Clary Rebecca bought 4,333 shares, generating $192,525 in total proceeds.

Before that, Clary Rebecca sold 2,100 shares. Globalstar Inc shares valued at $73,521 were divested by the VP & Chief Financial Officer at a price of $35.01 per share. As a result of the transaction, Clary Rebecca now holds 105,661 shares, worth roughly $4.96 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 Tuesday, Globalstar Inc [NASDAQ:GSAT] saw its stock fall -6.87% to $46.92. Over the last five days, the stock has gained 12.28%. Globalstar Inc shares have risen nearly 197.90% since the year began. Nevertheless, the stocks have risen 51.11% over the past one year. While a 52-week high of $55.78 was reached on 10/31/25, a 52-week low of $17.24 was recorded on 05/09/25.

Levels Of Support And Resistance For GSAT Stock

The 24-hour chart illustrates a support level at 45.72, which if violated will result in even more drops to 44.53. On the upside, there is a resistance level at 49.06. A further resistance level may holdings at 51.21.

How much short interest is there in Globalstar Inc?

A steep rise in short interest was recorded in Globalstar Inc stocks on 2025-10-15, growing by 1.11 million shares to a total of 4.02 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 2.92 million shares. There was a rise of 27.51%, which implies that there is a positive sentiment for the stock.

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