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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 - shares worth -, meanwhile, insiders have report no purchases in the last 30 days.
Notable Recent Insider Buys and Sales
- On December 30, 2024, James Monroe III, the company's DIRECTOR purchased 1.5M shares for $2.12 each.
- On December 26, 2024, James Monroe III, the company's DIRECTOR purchased 1M shares for $1.94 each.
- On December 13, 2024, James Monroe III, the company's DIRECTOR purchased 530K shares for $1.9 each.
Ownership Statistics for Globalstar Inc
Shares Outstanding
1.894B
Insider Shares Owned
20.842M
Insider Percentage Owned
1.10%
Institutional Shares Held
235.628M
Institutional Percentage Held
12.4%
Data brought to you by Benzinga APIs
FAQ
Is insider trading legal?
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.
What are some examples of market manipulation?
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.