Globalstar, Inc.
Reads like this one publish minutes after the filing lands on EDGAR. Get them as JSON over the API or inside your AI agent over MCP.
No enriched coverage for $GSAT in the last 7 days.
Globalstar (GSAT) completed its expanded ground station in Greece, doubling antenna capacity for its C-3 mobile satellite system. This is part of a broader program to add 90 antennas across 35 sites. Analysts view this as a step toward better service quality for government, enterprise, and IoT customers, but note that customer uptake and financial strain remain key risks.
Insiders at Ulta Beauty (ULTA), Redwire (RDW), Best Buy (BBY), Globalstar (GSAT), and Ciena (CIEN) sold shares. Ulta's director sold 2,000 shares for $1.09M. Redwire's director sold 929,435 shares for $10.54M. Best Buy's director sold 116,062 shares for $10.70M. Globalstar's insider sold 1,692 shares for $140,351. Ciena's director sold 3,738 shares for $1.34M.
Globalstar, Inc.'s (GSAT) General Counsel sold 1,692 shares worth $140,363 on September 21, 2026, at an average price of $82.96. The sale was part of a tax-related program. GSAT shares are near their 52-week high, up 129% over the past year. InvestingPro analysis suggests the stock is overvalued. Prior to the sale, the executive acquired 4,000 shares under the company's Equity Incentive Plan.
Recent GSAT coverage spans financial news, insider activity and mergers & acquisitions.
In the last 30 days, GSAT insiders filed 3 SEC Form 4 transactions — 1 purchase ($29.8M) and 2 sales ($30.0M). The most active reporter was Monroe James III with 1 filing.
The new ground station improves network coverage but adds capital expenditure, creating mixed pressure on the stock.
Minor negative impact due to insider sell.
Minor dilution of insider holdings; limited price impact.
Minor sell by an insider; unlikely to move price materially.
Significant insider sell may signal lack of confidence or liquidity need.
AlphAI scores every news story that mentions GSAT with an AI model for sentiment and relevance, and aggregates insider trades from Globalstar, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Globalstar (GSAT) completed its expanded ground station in Greece, doubling antenna capacity for its C-3 mobile satellite system. This is part of a broader program to add 90 antennas across 35 sites. Analysts view this as a step toward better service quality for government, enterprise, and IoT customers, but note that customer uptake and financial strain remain key risks.
2 min readInsiders at Ulta Beauty (ULTA), Redwire (RDW), Best Buy (BBY), Globalstar (GSAT), and Ciena (CIEN) sold shares. Ulta's director sold 2,000 shares for $1.09M. Redwire's director sold 929,435 shares for $10.54M. Best Buy's director sold 116,062 shares for $10.70M. Globalstar's insider sold 1,692 shares for $140,351. Ciena's director sold 3,738 shares for $1.34M.
1 min readGlobalstar, Inc.'s (GSAT) General Counsel sold 1,692 shares worth $140,363 on September 21, 2026, at an average price of $82.96. The sale was part of a tax-related program. GSAT shares are near their 52-week high, up 129% over the past year. InvestingPro analysis suggests the stock is overvalued. Prior to the sale, the executive acquired 4,000 shares under the company's Equity Incentive Plan.
1 min readPonder L Barbee IV (General Counsel) sold 1,692 shares of Globalstar, Inc. (GSAT) at $82.96 ($0.14M total) on 2026-09-21.
1 min readLynch James F sold 361,600 indirectly-held shares of Globalstar, Inc. (GSAT) at $82.52 ($29.84M total) on 2026-09-18.
1 min readMonroe James III purchased 361,600 indirectly-held shares of Globalstar, Inc. (GSAT) at $82.52 ($29.84M total) on 2026-09-18.
1 min readAmazon is in talks to acquire Globalstar for $9 billion to boost its satellite internet project, Project Kuiper. Apple, which holds a 20% stake in Globalstar and has exclusive network access, is a key player in the negotiations. Globalstar's revenue grew 9% to $273 million in 2025. The outcome may impact future iPhone features and satellite communication markets.
3 min readAmazon will acquire Globalstar, partnering with Apple to use its 'Leo' satellite network for iPhone and Apple Watch features like Emergency SOS and satellite messaging. Apple's 20% stake in Globalstar was a negotiation point. The deal, expected to close in 2027, aims to enhance connectivity and compete with SpaceX's Starlink.
3 min readAmazon (AMZN) agreed to acquire Globalstar (GSAT) for a 23% premium, offering $90 per share or 0.3210 AMZN shares. The deal aims to expand Amazon's satellite-to-phone communications. GSAT stock rose over 10% in premarket trading. Amazon also partnered with Apple (AAPL) for satellite connectivity features on iPhones and Apple Watches.
2 min readBlue Origin, owned by Jeff Bezos, hired 47 engineers from Amazon's Leo satellite project to work on its TeraWave satellite network, which competes with Amazon's Leo and SpaceX's Starlink. TeraWave targets business and government customers, aiming for a 2027 launch. Amazon Leo plans to launch broadband service by year-end and has invested $11.57B in Globalstar. Both companies face regulatory and operational challenges.
3 min read
