Iridium Communications Inc (IRDM)

Sector:
UTILITIES AND TELECOMMUNICATIONS
Industry:
TELEPHONE
SIC:
COMMUNICATIONS EQUIPMENT, NEC
CEO:
Matthew J. Desch
Employees:
469
1750 TYSONS BOULEVARD, SUITE 1400, MCLEAN, VA 22102
301-571-6200

Iridium Communications, Inc. is a mobile voice and data satellite communications network. Its satellite network provides communication where terrestrial wireless or wireline networks do not exist or are limited. The company's current principal lines of business include Land Mobile, Machine-to-Machine, Maritime, Aviation, and Government. The Land Mobile business engages in the provision of mobile satellite communications services to the land mobile sector, providing handset services to areas not served or inconsistently served by existing terrestrial communications networks. The Machine-to-Machine business provides satellite-based M2M services to mining, construction, oil and gas, utilities, heavy industry, maritime, forestry and transport companies, as well as the military, public safety and disaster relief agencies. The Maritime business provides broadband terminals, embedded devices and handsets. Its market space includes merchant shipping, fishing, research vessels and specialized water craft. The Aviation business provides mobile satellite communications services to the aviation sector. Its services are used in commercial and global government aviation applications, principally by corporate jets, corporate and government helicopter fleets, specialized general aviation fleets, such as medevac companies and fire suppression fleets, and high-end personal aircraft. The Government business line involves in the provision of mobile satellite communications services to the U.S. government, principally the Department of Defense. Its voice products are used for a variety of primary and backup communications solutions, including tactical operations, logistical, administrative, morale and welfare, and emergency communications. The company's commercial services includes: Postpaid Mobile Voice and Data Satellite Communications; Prepaid Mobile Voice Satellite Communications; Iridium PTT; Broadband Data; and Machine-to-Machine services. Iridium Communications was founded on November 2, 2007 and is headquartered in McLean, VA.

Data derived from most recent annual or quarterly report
Market Cap 5.135 Billion Shares Outstanding131.935 Million Avg 30-day Volume 595.842 Thousand
P/E Ratio0.0 Dividend Yield0.0 EPS-0.02
Price to Revenue0.0 Debt to Equity1.1809 EBITDA335.434 Million
Price to Book Value8.0746 Operating Margin0.0 Enterprise Value12.4 Billion
Current Ratio3.65 EPS Growth4.333 Quick Ratio3.195
1 Yr BETA 1.6511 52-week High/Low 54.65 / 32.73 Profit Margin0.0
Operating Cash Flow Growth36.0959 Altman Z-Score3.6874 Free Cash Flow to Firm 241.089 Million
View SEC Filings from IRDM instead.

View recent insider trading info

Funds Holding IRDM (via 13F filings)

Refresh Download CSV Download Excel (.xlsx) Download TSV
Filter by:
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 IRDM BETA

Active Schedule 13D and 13G filings

Please sign in first

Open Market Buys/Sells Last 60 Days

Open Market Buys (P)

none

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

DESCH MATTHEW J CHIEF EXECUTIVE OFFICER

  • Officer
  • Director
596,187 2021-12-01 8

FITZPATRICK THOMAS CHIEF FINANCIAL OFFICER

  • Officer
  • Director
113,876 2021-12-01 6

HICKEY THOMAS D CHIEF LEGAL OFFICER, SECRETARY

  • Officer
146,286 2021-12-01 5

SCHEIMREIF SCOTT EVP-GOVERNMENT PROGRAMS

  • Officer
101,101 2021-12-01 6

HARTIN BRYAN J. EVP-SALES AND MARKETING

  • Officer
60,593 2021-12-01 8

KAPALKA TIMOTHY VP IRIDIUM SATELLITE LLC

  • Officer
18,576 2021-12-01 10

MCBRIDE SUZANNE E. CHIEF OPERATIONS OFFICER

  • Officer
  • Director
71,411 2021-12-01 7

BARALONCO LTD

BIN ABDULLAH BIN ABDULRAHMAN KHALID

  • 10% Owner
13,099,230 2021-08-24 1

NIEHAUS ROBERT H

  • Director
335,719 2021-08-02 3

OLSON ERIC T

  • Director
117,195 2021-07-07 2

FRAZIER LEON ANTHONY

  • Director
6,898 2021-07-07 4

WEST BARRY

  • Director
42,861 2021-03-18 2

CANFIELD THOMAS C

  • Director
225,614 2021-02-19 2

KRONGARD A B

  • Director
593,382 2021-01-21 2

PFEIFFER STEVEN B

  • Director
109,925 2021-01-06 1

RUSH PARKER WILLIAM

  • Director
211,800 2021-01-06 1

SCHLIEMANN HENRIK O.

  • Director
50,352 2021-01-06 1

HARMAN JANE L.

  • Director
50,352 2021-01-06 1

SMITH S. SCOTT

  • Director
235,445 2019-03-01 0

NYREN RICHARD P CHIEF ACCOUNTING OFFICER

  • Officer
69,575 2017-06-01 0

THOMA DONALD LEE CEO, AIREON LLC

  • Officer
149,028 2015-03-01 0

DAWKINS PETER

  • Director
73,022 2015-01-06 0

BARROS J. DARREL

  • Director
62,524 2014-01-06 0

RODDY JOHN MICHAEL EVP, IRIDIUM SATELLITE LLC

  • Officer
10,881 2013-06-03 0

GREENHILL & CO INC

  • DIRECTOR BY DEPUTIZATION
No longer subject to file 2013-05-09 0

BOK SCOTT L

  • Director
1,206,790 2013-01-04 0

CAMPBELL JOHN HOWARD EVP, IRIDIUM SATELLITE LLC

  • Officer
34,985 2012-03-01 0

EWERT GREGORY C. EVP, IRIDIUM SATELLITE LLC

  • Officer
290,092 2012-03-01 0

JONES TERRY L

  • Director
585,373 2012-01-05 0

CANN CYNTHIA CAMMETT VP, IRIDIUM SATELLITE LLC

  • Officer
0 2011-02-21 0

DEMITRY LEE F EVP, IRIDIUM SATELLITE LLC

  • Officer
0 2009-11-19 0

BRUNETTE JOHN S. CHIEF LEGAL & ADMIN OFFICER

  • Officer
0 2009-11-19 0

MORRISON ERIC HENRY CHIEF FINANCIAL OFFICER

  • Officer
0 2009-11-19 0

CLARKE KEVIN P

  • Director
43,479 2008-03-27 0

RODRIGUEZ HAROLD J JR CHIEF FINANCIAL OFFICER

  • Officer
15,000 2008-03-14 0

LIU JOHN D CHIEF FINANCIAL OFFICER

  • Officer
32,500 2008-02-21 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

HARTIN BRYAN J. - Officer EVP-SALES AND MARKETING

2021-12-03 19:28:40 -0500 2021-12-01 F 1,235 $37.31 d 60,593 direct

MCBRIDE SUZANNE E. - Director - Officer CHIEF OPERATIONS OFFICER

2021-12-03 19:33:14 -0500 2021-12-01 F 1,078 $37.31 d 71,411 direct

SCHEIMREIF SCOTT - Officer EVP-GOVERNMENT PROGRAMS

2021-12-03 19:34:30 -0500 2021-12-01 F 1,323 $37.31 d 101,101 direct

HICKEY THOMAS D - Officer CHIEF LEGAL OFFICER, SECRETARY

2021-12-03 19:30:42 -0500 2021-12-01 F 1,130 $37.31 d 146,286 direct

DESCH MATTHEW J - Director - Officer CHIEF EXECUTIVE OFFICER

2021-12-03 19:24:33 -0500 2021-12-01 F 3,762 $37.31 d 596,187 direct

FITZPATRICK THOMAS - Director - Officer CHIEF FINANCIAL OFFICER

2021-12-03 19:26:36 -0500 2021-12-01 F 1,659 $37.31 d 113,876 direct

KAPALKA TIMOTHY - Officer VP IRIDIUM SATELLITE LLC

2021-12-03 19:32:01 -0500 2021-12-01 F 798 $37.31 d 18,576 direct

DESCH MATTHEW J - Director - Officer CHIEF EXECUTIVE OFFICER

2021-12-03 19:24:33 -0500 2021-11-12 G 1,000 d 599,949 direct

* -

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
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 22:15:03 UTC -0.2459 0.3159 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 21:45:03 UTC -0.2459 0.3159 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 21:15:04 UTC -0.2459 0.3159 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 20:45:03 UTC -0.1904 0.2604 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 20:15:03 UTC -0.1904 0.2604 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 19:45:03 UTC -0.1904 0.2604 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 19:15:04 UTC -0.1904 0.2604 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 18:45:04 UTC -0.1909 0.2609 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 18:15:03 UTC -0.1909 0.2609 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 17:45:03 UTC -0.1909 0.2609 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 17:15:03 UTC -0.1909 0.2609 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 16:45:03 UTC -0.18 0.25 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 16:15:04 UTC -0.18 0.25 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 15:45:03 UTC -0.18 0.25 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 15:15:03 UTC -0.18 0.25 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 14:45:03 UTC -0.18 0.25 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 14:15:05 UTC -0.18 0.25 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 13:45:03 UTC -0.18 0.25 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 13:15:03 UTC -0.18 0.25 4300000
IRIDIUM COMMUNICATIONS INC IRDM 2021-12-03 12:45:03 UTC -0.18 0.25 4300000

Current Active Short Positions

Holder Issuer Net Short Position Position Date Origin
American Century Quantitative Equity Funds, Inc.- AC Alternatives Disciplined Long Short Fund IRDM -2798.0 shares, $-68942.72 2019-12-31 N-PORT
Advisors Series Trust- Pzena Long/Short Value Fund IRDM -6274.0 shares, $-144302.0 2020-05-31 N-PORT
AQR Funds- AQR Alternative Risk Premia Fund IRDM -8425.0 shares, $-335736.25 2021-09-30 N-PORT
AQR Funds- AQR Multi-Asset Fund IRDM -691.0 shares, $-27536.35 2021-09-30 N-PORT

Elevate your investments