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Globalstar

GSATAMEX
Logo brought to you by Benzinga Data
$1.95
0.073.72%
At close: -
$1.99
0.042.05%
After Hours: Dec 20, 7:59 PM EDT

Globalstar (AMEX:GSAT) Stock, Insider Trading Activity

Globalstar: Insider buying and selling updated today.

What is Insider Activity?

Insider trading activity involves company insiders, such as executives, directors, and employees, engaging in transactions of their own company's stock. Insiders' buy and sell transactions provide valuable insights into their confidence in the company's future performance.

What are Globalstar Inc Insiders Doing?

At Globalstar Inc, recent insider activity has drawn attention. Over the last 30 days, insiders have reported selling a total of 3.70M shares worth $8.17M, meanwhile, insiders have reported buying a total of 3.03M shares for a total value of $5.88M.

Notable Recent Insider Buys and Sales

  • On December 13, 2024, James Monroe III, the company's DIRECTOR purchased 530K shares for $1.9 each.
  • On December 19, 2024, James Monroe III, the company's DIRECTOR purchased 500K shares for $2 each.
  • On December 16, 2024, James Monroe III, the company's DIRECTOR purchased 500K shares for $2 each.

Ownership Statistics for Globalstar Inc

Shares Outstanding
1.892B
Insider Shares Owned
20.788M
Insider Percentage Owned
1.10%
Institutional Shares Held
217.235M
Institutional Percentage Held
11.5%
Data brought to you by Benzinga APIs

FAQ

Q

Is insider trading legal?

A
Insider trading is legal so long as the insiders report those trades to the SEC. Illegal securities trading occurs when the insider is violating a fiduciary duty or fails to report their trades.
Q

What are some examples of market manipulation?

A
Insider trading, pump and dump schemes, front running and wash trades are all examples of market manipulation. Investors who track insider asset movement should think carefully about why these insiders are trading their stocks before moving forward.

Browse insider trades on all stocks.

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