Globalstar Inc (GSAT)

Sector:
UTILITIES AND TELECOMMUNICATIONS
Industry:
TELEPHONE
SIC:
COMMUNICATIONS SERVICES, NEC
CEO:
David B. Kagan
Employees:
330
300 HOLIDAY SQUARE BLVD.,, COVINGTON,, LA 70433
408-933-4000

Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products. It also provides SPOT consumer retail products, such as SPOT GPS messenger for personal tracking, emergency location, and messaging solutions. As of December 31, 2020, Globalstar had approximately 745,000 subscribers.

Data derived from most recent annual or quarterly report
Market Cap 2.137 Billion Shares Outstanding1.811 Billion Avg 30-day Volume 4.657 Million
P/E Ratio0.0 Dividend Yield0.0 EPS-0.13
Price to Revenue12.0528 Debt to Equity0.5882 EBITDA-115.702 Million
Price to Book Value6.7829 Operating Margin-114.7669 Enterprise Value2.263 Billion
Current Ratio0.447 EPS Growth-1.6 Quick Ratio0.298
1 Yr BETA 1.2371 52-week High/Low 2.98 / 0.85 Profit Margin-137.5952
Operating Cash Flow Growth-41.4279 Altman Z-Score-1.764 Free Cash Flow to Firm -27.229 Million
View SEC Filings from GSAT instead.

View recent insider trading info

Globalstar Inc YCharts
Yahoo! Finance finviz
SEC Web Site SEC DEF 14A Filings

Funds Holding GSAT (via 13F filings)

Refresh Download CSV Download Excel (.xlsx) Download TSV
Filter by:
Click for Additional Filters
to
to
to
Refresh
*Shares are split adjusted
*Please note that if a filer hasn't submitted a 13F filing for a quarter then the filer's shares will be listed as "Sold All"

Mutual Funds Holding GSAT

Download CSV

Active Schedule 13D and 13G filings

Please sign in first

Recent Filings

Financial Reporting

Ownership

  • 4: filed on 2023-05-12 by HASLER WILLIAM A
  • 4: filed on 2023-05-12 by TAYLOR TIMOTHY EVAN
  • 4: filed on 2023-05-12 by COWAN KEITH O
  • 4: filed on 2023-05-12 by WOLFF BENJAMIN G
  • 4: filed on 2023-05-11 by MONROE JAMES III
  • 4: filed on 2023-03-23 by TAYLOR TIMOTHY EVAN
  • 4: filed on 2023-03-14 by KAGAN DAVID B.
  • 4: filed on 2023-01-05 by MONROE JAMES III
  • 4: filed on 2023-01-05 by TAYLOR TIMOTHY EVAN
  • 4: filed on 2023-01-05 by HASLER WILLIAM A

    • Events (8k)

  • 8-K: filed on 2023-05-05:
    Item 2.02: Results of Operations and Financial Condition
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2023-04-06:
    Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
    Item 1.01: Entry into a Material Definitive Agreement
    Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2023-03-29:
    Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
    Item 1.01: Entry into a Material Definitive Agreement
    Item 7.01: Regulation FD Disclosure
    Item 8.01: Other Events
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2023-03-07:
    Item 7.01: Regulation FD Disclosure
  • 8-K: filed on 2023-03-01:
    Item 2.02: Results of Operations and Financial Condition
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2023-02-28:
    Item 1.01: Entry into a Material Definitive Agreement
    Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
  • 8-K: filed on 2023-02-14:
    Item 1.01: Entry into a Material Definitive Agreement
  • 8-K: filed on 2023-02-06:
    Item 1.01: Entry into a Material Definitive Agreement
  • 8-K: filed on 2022-11-16:
    Item 7.01: Regulation FD Disclosure
    Item 9.01: Financial Statements and Exhibits
  • 8-K: filed on 2022-11-16:
    Item 1.01: Entry into a Material Definitive Agreement
    Item 3.02: Unregistered Sales of Equity Securities
    Item 3.03: Material Modifications to Rights of Security Holders
    Item 5.03: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
    Item 9.01: Financial Statements and Exhibits

    • Proposed Sales (Form 144)

    Proxy

    Prospectus

    All

    Open Market Buys/Sells Last 60 Days

    Open Market Buys (P)

    5.5 Million total shares from 5 transactions

    Open Market Sells (S)

    none

    Exercise Derivative Conversion (M)

    none

    Current/Former Insiders

    Insider Name Type Last Reported Shares Held Last Reported Date Filings in past year

    MONROE JAMES III

    • Director
    • 10% Owner
    		 1,088,819,891 2023-05-15 5

    COWAN KEITH O

    • Director
    		 714,930 2023-05-10 3

    HASLER WILLIAM A

    • Director
    		 861,930 2023-05-10 2

    WOLFF BENJAMIN G

    • Director
    		 701,132 2023-05-10 5

    TAYLOR TIMOTHY EVAN

    • Director
    		 15,394,661 2023-05-10 9

    PONDER L BARBEE IV GENERAL COUNSEL

    • Officer
    		 2,275,256 2023-03-06 7

    CLARY REBECCA VP & CHIEF FINANCIAL OFFICER

    • Officer
    		 1,808,121 2023-03-06 7

    KAGAN DAVID B. CHIEF EXECUTIVE OFFICER

    • Officer
    		 3,631,075 2023-03-06 6

    LOVETT MICHAEL J

    • Director
    		 726,929 2023-01-03 2

    LYNCH JAMES F

    • Director
    		 13,178,066 2023-01-03 1

    ROBERTS RICHARD S CORPORATE SECRETARY

    • Officer
    • Director
    		 0 2019-01-02 0

    MCINTYRE J PATRICK JR

    • Director
    		 522,983 2018-09-21 0

    YOUNG KENNETH M

    • Director
    		 225,000 2018-03-01 0

    KNEUER JOHN

    • Director
    		 305,500 2018-03-01 0

    NAVARRA ANTHONY J PRESIDENT SPACE OPERATIONS

    • Officer
    		 327,631 2013-12-11 0

    BELL FRANK JOHN II PRES. GLOBAL SALES & MKTING.

    • Officer
    		 0 2012-10-01 0

    MONROE JAMES III CHIEF EXECUTIVE OFFICER

    GLOBALSTAR HOLDINGS, LLC

    THERMO FUNDING CO LLC

    • Officer
    • Director
    • 10% Owner
    		 206,410,759 2011-08-16 5

    BARNETT JOSEPH F VP & CHIEF ACCOUNTING OFFICER

    • Officer
    		 0 2010-11-01 0

    WILD DIRK J SENIOR VP & CFO

    • Officer
    		 0 2010-07-13 0

    AHMAD FUAD SVP & CHIEF FINANCIAL OFFICER

    • Officer
    		 607,266 2010-03-23 0

    MAR STUART VP & CHIEF ACCOUNTING OFFICER

    • Officer
    		 5,475 2010-03-18 0

    BELL STEVEN SVP, INT'L SALE & MKTING

    • Officer
    		 407,598 2009-12-28 0

    ADLER WILLIAM F VP-LEGAL & REG. AFFAIRS

    • Officer
    		 34,493 2009-12-22 0

    NEILSEN MARTIN E. VP - NEW BUSINESS VENTURES

    • Officer
    		 29,954 2009-12-21 0

    MONTE PAUL A VP, ENG. & PROD. DEVELOP.

    • Officer
    		 48,916 2009-11-10 0

    DALTON PETER J CHIEF EXECUTIVE OFFICER

    • Officer
    • Director
    		 0 2009-09-23 0

    MILLER ROBERT D SVP, ENG. & GROUNG OPS.

    • Officer
    		 626,453 2009-09-22 0

    JONES KENNETH E

    • Director
    		 508,764 2008-11-14 0

    STEVENSON MARK VP STRATEGIC SALES & ALLIANCES

    • Officer
    		 23,842 2008-10-31 0

    COLBY THOMAS M CHIEF OPERATING OFFICER

    • Officer
    		 0 2008-08-11 0

    ALLEN DENNIS C SVP, SALES & MARKETING

    • Officer
    		 383,653 2008-05-13 0

    THERMO FUNDING CO LLC

    • 10% Owner
    		 12,371,136 2007-09-27 0

    Insider Transactions Last 60 Days

    Reporting Owners Filing Date Trans Date Trans Code Shares Share Price Acquired
    Disposed    		 Shares Owned after D/I 10b5 Perf 1d* Perf 5d* Perf 1m* Max Gain Max Gain Days Max Loss Max Loss Days

    MONROE JAMES III - Director - > 10% Owner by thermo properties ii, llc

    		2023-05-17 21:42:34 -0400 2023-05-16 P 145,360 $1.06 a 5,584,398 indirect -1.8182 3.6364 7.2727 3 -1.8182 2

    MONROE JAMES III - Director - > 10% Owner by thermo properties ii, llc

    		2023-05-17 21:42:34 -0400 2023-05-15 P 75,175 $1.00 a 5,439,038 indirect -1.8182 3.6364 7.2727 3 -1.8182 2

    MONROE JAMES III - Director - > 10% Owner by thermo properties ii, llc

    		2023-05-11 17:25:27 -0400 2023-05-11 P 708,863 $0.99 a 5,363,863 indirect 5.0505 9.0909 11.1111 4 0.0 1

    MONROE JAMES III - Director - > 10% Owner by thermo properties ii, llc

    		2023-05-11 17:25:27 -0400 2023-05-10 P 1,555,000 $0.99 a 4,655,000 indirect 5.0505 9.0909 11.1111 4 0.0 1

    WOLFF BENJAMIN G - Director

    		2023-05-12 17:27:31 -0400 2023-05-10 A 50,000 $1.02 a 701,132 direct 4.8077 13.4615 13.4615 6 0.0 1

    HASLER WILLIAM A - Director

    		2023-05-12 17:28:36 -0400 2023-05-10 A 50,000 $1.02 a 861,930 direct 4.8077 13.4615 13.4615 6 0.0 1

    TAYLOR TIMOTHY EVAN - Director

    		2023-05-12 17:28:12 -0400 2023-05-10 A 50,000 $1.02 a 3,141,012 direct 4.8077 13.4615 13.4615 6 0.0 1

    COWAN KEITH O - Director

    		2023-05-12 17:27:52 -0400 2023-05-10 A 50,000 $1.02 a 714,930 direct 4.8077 13.4615 13.4615 6 0.0 1

    MONROE JAMES III - Director - > 10% Owner by thermo properties ii, llc

    		2023-05-11 17:25:27 -0400 2023-05-09 P 3,000,000 $0.97 a 3,100,000 indirect 5.0505 9.0909 11.1111 4 0.0 1

    * -

    Transaction Code Definitions
    Code Definition
    A Grant, award or other acquisition pursuant to Rule 16b-3(d)
    C Conversion of derivative security
    D Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
    E Expiration of short derivative position
    F Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3
    G Bona fide gift
    H Expiration (or cancellation) of long derivative position with value received
    I Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities
    J Other acquisition or disposition
    L Small acquisition under Rule 16a-6
    M Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
    O Exercise of out-of-the-money derivative security
    P Open market or private purchase of non-derivative or derivative security
    S Open market or private sale of non-derivative or derivative security
    U Disposition pursuant to a tender of shares in a change of control transaction
    W Acquisition or disposition by will or the laws of descent and distribution
    X Exercise of in-the-money or at-the-money derivative security
    Z Deposit into or withdrawal from voting trust

    IBR Securities Loan Availability

    Updated throughout the day, this shows the number of shares available to borrow. Data provided by Interactive Brokers

    Security Date/Time Rebate Rate Fee Rate Shares Available
    GLOBALSTAR INC GSAT 2023-05-31 22:15:04 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 21:45:04 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 21:15:03 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 20:45:04 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 20:15:06 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 19:45:04 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 19:15:21 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 18:45:03 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 18:15:04 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 17:45:03 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 17:15:05 UTC 4.5309 0.5291 7700000
    GLOBALSTAR INC GSAT 2023-05-31 16:45:04 UTC 4.5284 0.5416 7700000
    GLOBALSTAR INC GSAT 2023-05-31 16:15:04 UTC 4.5284 0.5416 7700000
    GLOBALSTAR INC GSAT 2023-05-31 15:45:03 UTC 4.5284 0.5416 7700000
    GLOBALSTAR INC GSAT 2023-05-31 15:15:04 UTC 4.5284 0.5416 7700000
    GLOBALSTAR INC GSAT 2023-05-31 14:45:04 UTC 4.5284 0.5416 7700000
    GLOBALSTAR INC GSAT 2023-05-31 14:15:03 UTC 4.5284 0.5416 7700000
    GLOBALSTAR INC GSAT 2023-05-31 13:45:04 UTC 4.4346 0.6354 7700000
    GLOBALSTAR INC GSAT 2023-05-31 13:15:04 UTC 4.4346 0.6354 7700000
    GLOBALSTAR INC GSAT 2023-05-31 12:45:04 UTC 4.4346 0.6354 8200000

    Current Active Short Positions

    Holder Issuer Net Short Position Position Date Origin
    FundVantage Trust- Gotham Enhanced Index Plus Fund GSAT -100.0 shares, $-29.46 2020-03-31 N-PORT
    FundVantage Trust- Gotham Index Plus All-Cap Fund GSAT -135.0 shares, $-39.77 2020-03-31 N-PORT
    WASATCH FUNDS TRUST- Wasatch Long/Short Alpha Fund GSAT -182549.0 shares, $-211756.84 2023-03-31 N-PORT
    VANGUARD MONTGOMERY FUNDS- VANGUARD MARKET NEUTRAL FUND GSAT -348773.0 shares, $-404576.68 2023-03-31 N-PORT

    No recent transactions

    *** To see all congressional transactions (since 2022) for this stock, please use the congressional transaction search page***

    Elevate your investments