Iridium Communications Inc’s recent filing unveils 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 $4.41 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.
Morgan Stanley downgraded its Iridium Communications Inc [IRDM] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in mid September from “a Strong buy” to “an Outperform”. BWS Financial also remained covering IRDM and has decreased its forecast on September 09, 2025 with a “Sell” recommendation from previously “Neutral” rating. Oppenheimer started covering the stock on May 05, 2025. It rated IRDM as “an Outperform”.
Price Performance Review of IRDM
On Tuesday, Iridium Communications Inc [NASDAQ:IRDM] saw its stock jump 0.32% to $19.1. Over the last five days, the stock has lost -2.35%. Iridium Communications Inc shares have fallen nearly -30.67% since the year began. Nevertheless, the stocks have risen 9.90% over the past one year.
How much short interest is there in Iridium Communications Inc?
A steep rise in short interest was recorded in Iridium Communications Inc stocks on 2025-12-31, growing by 1.9 million shares to a total of 10.17 million shares. Yahoo Finance data shows the prior-month short interest on 2025-11-28 was 8.27 million shares. There was a rise of 18.69%, which implies that there is a positive sentiment for the stock.
