Globalstar (NASDAQ:GSAT) General Counsel Sells $39,085.42 in Stock

2026-04-02 03:45:05

Globalstar’s General Counsel, L. Barbee Iv Ponder, sold 682 shares of NASDAQ:GSAT stock worth $39,085.42 on March 11 at an average price of $57.31. This sale, which decreased his ownership by 0.47%, is part of a recent trend of insider selling by Ponder, totaling 2,854 shares and about $170,186 in proceeds since December. GSAT stock was down 0.8% to $57.11 with a market cap of $7.34 billion, and has a consensus “Hold” rating from analysts with a target price of $69.00.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.