New insider activity at Globalstar ( (GSAT) ) has taken place on September 15, 2025.
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VP & CFO Rebecca Clary recently sold 5,359 shares of Globalstar stock, amounting to a total transaction value of $159,456.
Recent Updates on GSAT stock
Globalstar’s stock has experienced a significant increase in the last 24 hours, with a rise of 17.6% and 14.8% in different instances. This surge is attributed to the company’s recent strong growth reports amid challenges and impressive Q2 2025 results. Additionally, Globalstar’s announcement of a major expansion of its ground station in Bihoro, Japan, has contributed to the positive market sentiment. These developments have led analysts to reassess their price targets, reflecting the company’s robust performance and strategic initiatives.
Spark’s Take on GSAT Stock
According to Spark, TipRanks’ AI Analyst, GSAT is a Neutral.
Globalstar’s stock score is driven by a mixed financial performance with positive revenue growth but concerns over profitability and leverage. Technical indicators show a bullish trend, while valuation metrics highlight potential overvaluation. The earnings call provided an optimistic outlook with strategic partnerships and growth in the IoT sector.
To see Spark’s full report on GSAT stock, click here.
More about Globalstar
YTD Price Performance: -3.57%
Average Trading Volume: 843,651
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.79B