Top Executives Make Significant Moves with Globalstar Stock!

New insider activity at Globalstar ( (GSAT) ) has taken place on November 17, 2025.

In recent transactions involving Globalstar stock, GC Barbee Ponder sold 9,790 shares, amounting to $570,952. Meanwhile, VP & CFO Rebecca Clary parted with 16,316 shares, totaling $951,549.

Recent Updates on GSAT stock

In the last 24 hours, Globalstar’s stock rose by 14.2%, driven by the company’s strong third-quarter performance and strategic developments. The company reported record revenue of $73.8 million, fueled by growth in Commercial IoT and subscriber equipment sales. Despite challenges such as lower net income due to non-cash items and high capital expenditures, Globalstar maintained a solid cash position and strategic investments in XCOM RAN and government sectors. B. Riley raised Globalstar’s price target, citing the company’s revenue and adjusted EBITDA surpassing consensus estimates. Additionally, the company refrained from addressing strategic alternatives speculation, including potential talks with SpaceX. Globalstar’s reaffirmation of its full-year 2025 outlook, projecting revenue between $260 million and $285 million, further contributed to the positive market sentiment.

Spark’s Take on GSAT Stock

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

Globalstar’s stock score is primarily driven by its financial performance challenges, including profitability issues and high leverage, which weigh heavily on the score. The technical analysis shows strong bullish momentum, providing some positive outlook. However, valuation concerns due to negative earnings and lack of dividends further impact the score. The earnings call provided some optimism with record revenue and strategic investments, but also highlighted significant challenges.

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

More about Globalstar

YTD Price Performance: 102.74%

Average Trading Volume: 1,319,897

Technical Sentiment Signal: Buy

Current Market Cap: $7.98B