Globalstar (GSAT)

GSSI, LLC • ATSS Canada, Inc. • Globalstar Brazil Holdings, L.P. • Globalstar do Brasil Holdings Ltda. • Globalstar do Brasil Ltda. • Globalstar Japan K.K. • Globalstar Satellite Services Pte., Ltd • Globalstar Communications Mongolia LLC • Globalstar Satellite Services Pty., Ltd • Globalstar C, LLC ...

IRS number

412116508

GSAT stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$43.33

Low target

$25.00

High target

$60.00

Latest filings (excl ownership)

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POS AM

Prospectus update (post-effective amendment)

28 Feb 25

S-3ASR

Automatic shelf registration

28 Feb 25

S-8

Registration of securities for employees

28 Feb 25

S-8 POS

Registration of securities for employees (post-effective amendment)

28 Feb 25

S-8 POS

Registration of securities for employees (post-effective amendment)

28 Feb 25

S-8 POS

Registration of securities for employees (post-effective amendment)

28 Feb 25

S-8 POS

Registration of securities for employees (post-effective amendment)

Globalstar Announces 2024 Financial Results

27 Feb 25

CERT

Certification of approval for exchange listing

10 Feb 25

Transcripts

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GSAT

Earnings call transcript

2024 Q4

27 Feb 25

GSAT

Earnings call transcript

2024 Q3

7 Nov 24

GSAT

Earnings call transcript

2024 Q2

8 Aug 24

GSAT

Earnings call transcript

2024 Q1

8 May 24

GSAT

Earnings call transcript

2023 Q4

28 Feb 24

GSAT

Earnings call transcript

2023 Q3

2 Nov 23

GSAT

Earnings call transcript

2023 Q2

3 Aug 23

GSAT

Earnings call transcript

2023 Q2

3 Aug 23

GSAT

Earnings call transcript

2023 Q1

5 May 23

GSAT

Earnings call transcript

2022 Q4

7 Mar 23

Latest ownership filings

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Notice of proposed sale of securities

Financial summary

Financial statements Chart GSAT financial data

Quarter (USD)	Dec 24	Sep 24	Jun 24	Mar 24
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 24	Dec 23	Dec 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	391.16 mm	391.16 mm	391.16 mm	391.16 mm	391.16 mm	391.16 mm
Cash burn (monthly)	(no burn)	(no burn)	16.67 mm	5.09 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	34.68 mm	10.58 mm	n/a	n/a
Cash remaining	n/a	n/a	356.49 mm	380.58 mm	n/a	n/a
Runway (months of cash)	n/a	n/a	21.4	74.8	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Globalstar earnings reports.

Institutional ownership, Q4 2024

GSAT institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	242	220	+10.0%
Opened positions	55	41	+34.1%
Closed positions	33	31	+6.5%
Increased positions	78	63	+23.8%
Reduced positions	48	45	+6.7%

13F shares	Current	Prev Q	Change
Total value	737.73 bn	468.84 bn	+57.4%
Total shares	1.19 bn	1.21 bn	-1.8%
Total puts	3.26 mm	1.89 mm	+73.0%
Total calls	10.04 mm	5.33 mm	+88.3%
Total put/call ratio	0.3	0.4	-8.1%

Largest owners	Shares	Value	Change
FL Investment	825.36 mm	$351.93 mm	0.0%
Vanguard	75.34 mm	$155.94 bn	+0.7%
BlackRock	55.75 mm	$115.41 bn	+1.9%
Greenhouse Funds LLLP	26.49 mm	$54.84 bn	+14.2%
Capital Research Global Investors	17.87 mm	$37.00 bn	NEW
STT State Street	17.78 mm	$36.81 bn	+1.1%
Geode Capital Management	16.76 mm	$34.70 bn	-0.3%
Wolf Hill Capital Management	13.05 mm	$27.01 bn	+80.0%
Ashford Capital Management	12.37 mm	$25.60 bn	+68.9%
Anson Funds Management	7.69 mm	$15.92 bn	-53.4%

Largest transactions	Shares	Bought/sold	Change
Mudrick Capital Management	0.00	-31.04 mm	EXIT
Capital Research Global Investors	17.87 mm	+17.87 mm	NEW
Beck Mack & Oliver	0.00	-17.54 mm	EXIT
Anson Funds Management	7.69 mm	-8.81 mm	-53.4%
Wolf Hill Capital Management	13.05 mm	+5.80 mm	+80.0%
Ashford Capital Management	12.37 mm	+5.05 mm	+68.9%
Royce & Associates	0.00	-4.71 mm	EXIT
Millstreet Capital Management	3.35 mm	-4.00 mm	-54.4%
Agf Management	3.80 mm	+3.80 mm	NEW
Jane Street	3.84 mm	+3.31 mm	+618.2%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

GSAT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Jan 25	James F Lynch	Voting Common Stock	Grant	Acquire A	No	No	0	22,831	0.00	856,499
6 Jan 25	James F Lynch	Stock Option Voting Common Stock	Grant	Acquire A	No	No	2.19	100,000	219.00 k	100,000
6 Jan 25	Cowan Keith O	Voting Common Stock	Grant	Acquire A	No	No	0	22,831	0.00	814,499
6 Jan 25	Cowan Keith O	Stock Option Voting Common Stock	Grant	Acquire A	No	No	2.19	100,000	219.00 k	100,000
6 Jan 25	Taylor Timothy Evan	Voting Common Stock	Grant	Acquire A	No	No	0	22,831	0.00	3,558,470
6 Jan 25	Taylor Timothy Evan	Stock Option Voting Common Stock	Grant	Acquire A	No	No	2.19	100,000	219.00 k	100,000
6 Jan 25	Jacobs Paul E	Voting Common Stock	Sell	Dispose S	No	No	2.19	14,539	31.84 k	84,815
6 Jan 25	Jacobs Paul E	Voting Common Stock	Grant	Acquire A	No	No	0	22,831	0.00	99,354
6 Jan 25	Jacobs Paul E	Stock Option Voting Common Stock	Grant	Acquire A	No	No	2.19	100,000	219.00 k	100,000
6 Jan 25	Wolff Benjamin G	Voting Common Stock	Grant	Acquire A	No	No	0	22,831	0.00	800,701