GlobalstarGSAT
About: Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is an owner of satellite assets. It has one reportable segment: MSS business. The company generates the vast majority of its revenue within the United States.
Employees: 389
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
203% more call options, than puts
Call options by funds: $30M | Put options by funds: $9.9M
70% more capital invested
Capital invested by funds: $478M [Q3] → $815M (+$337M) [Q4]
67% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 48
60% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 35
9% more funds holding
Funds holding: 217 [Q3] → 236 (+19) [Q4]
0.15% less ownership
Funds ownership: 20.29% [Q3] → 20.14% (-0.15%) [Q4]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Craig-Hallum George Sutton 23% 1-year accuracy 6 / 26 met price target | 133%upside $45 | Buy Maintained | 28 Feb 2025 |
Morgan Stanley Simon Flannery 50% 1-year accuracy 2 / 4 met price target | 29%upside $25 | Equal-Weight Maintained | 26 Feb 2025 |
B. Riley Securities Mike Crawford 27% 1-year accuracy 3 / 11 met price target | 210%upside $60 | Buy Maintained | 19 Feb 2025 |
Financial journalist opinion
