Globalstar Inc’s recent filing unveils that its VP & Chief Financial Officer Clary Rebecca unloaded Company’s shares for reported $73521.0 on Sep 25 ’25. In the deal valued at $35.01 per share,2,100 shares were sold. As a result of this transaction, Clary Rebecca now holds 105,661 shares worth roughly $4.58 million.
Then, JACOBS PAUL E sold 53,479 shares, generating $1,869,086 in total proceeds. Upon selling the shares at $34.95, the Chief Executive Officer now owns 58,895 shares.
Before that, JACOBS PAUL E bought 53,479 shares. Globalstar Inc shares valued at $1,869,086 were divested by the Officer at a price of $34.95 per share.
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 -2.23% to $43.31. Over the last five days, the stock has lost -0.96%. Globalstar Inc shares have risen nearly 140.61% since the year began. Nevertheless, the stocks have risen 39.48% 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 2025-09-30, growing by 0.6 million shares to a total of 3.55 million shares. Yahoo Finance data shows the prior-month short interest on 2025-08-29 was 2.94 million shares. There was a rise of 16.98%, which implies that there is a positive sentiment for the stock.
