Globalstar Insider Shake-Up as Top Executives Cash In on Shares

New insider activity at Globalstar ( (GSAT) ) has taken place on March 12, 2026.

Globalstar insiders have recently executed several notable stock sales. CEO Paul E. Jacobs sold 1,153 shares of Globalstar stock in a transaction valued at $66,066. GC Barbee Ponder also reduced his holdings by selling 682 shares for a total of $39,078. Additionally, VP & CFO Rebecca Clary sold 762 shares, generating proceeds of $43,662. These transactions highlight multiple high-level executives realizing value from their Globalstar positions through share sales totaling 2,597 shares and $148,806 in combined transaction value.

Recent Updates on GSAT stock

Globalstar shares reacted to an upbeat Q4 call and guidance, as record revenue, 50% adjusted EBITDA margins, and improving operating income reinforced confidence in its satellite services and cash generation despite ongoing GAAP losses and heavy capex. Analysts’ recent price target revisions appear driven by better-than-expected revenue, visible growth from two-way IoT and XCOM RAN, and strategic wins like the Virewirx FutureG 5G defense contract, which together suggest a larger long-term addressable market and strengthened competitive positioning, even as investors weigh execution and funding risks tied to new constellation and regulatory commitments.

Spark’s Take on GSAT Stock

According to Spark, TipRanks’ AI Analyst, GSAT is a Neutral.

The score is driven primarily by improving financial trajectory and cash generation, reinforced by a positive earnings-call outlook and margin guidance. These positives are tempered by balance-sheet leverage and continued GAAP losses, while technical signals are neutral and valuation is constrained by a negative P/E and no dividend.

To see Spark’s full report on GSAT stock, click here.

More about Globalstar

YTD Price Performance: -5.65%

Average Trading Volume: 666,974

Technical Sentiment Signal: Buy

Current Market Cap: $7.4B