GLOBALSTAR INC GSAT
COM NEW · Common Stock · CUSIP 378973507 · ISIN US3789735079
Global satellite telecommunications company
- SectorCommunication
- IndustryCommunications Services, NEC
- HeadquartersCovington,, LA
- Founded1998
- Websiteglobalstar.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($319.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $36.59. Options: 16 managers hold calls ($397.3m notional), 11 hold puts ($70.2m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2024 | 3 |
| Q1 2025 | 163 |
| Q2 2025 | 147 |
| Q3 2025 | 195 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2025 | 157 | 3 |
| Q2 2025 | 63 | 85 |
| Q3 2025 | 114 | 58 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $0 | $0 | — |
| Q1 2025 | $201.8m | $73.3m | 0.36 |
| Q2 2025 | $227.4m | $27.8m | 0.12 |
| Q3 2025 | $397.3m | $70.2m | 0.18 |
Biggest buyers
| Hood River Capital Management LLC | New | +1.3m |
| GOLDMAN SACHS GROUP INC | Added | +393.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +314.8k |
| AMERICAN CENTURY COMPANIES INC | Added | +246.1k |
| VAN ECK ASSOCIATES CORP | Added | +211.0k |
| ESSEX INVESTMENT MANAGEMENT CO LLC | New | +194.3k |
| Broad Bay Capital Management, LP | Added | +184.2k |
| BlackRock, Inc. | Added | +142.6k |
| VANGUARD GROUP INC | Added | +141.5k |
| Greenhouse Funds LLLP | Added | +123.7k |
Biggest sellers
| Senvest Management, LLC | Reduced | -462.9k |
| Long Focus Capital Management, LLC | Reduced | -438.0k |
| MARSHALL WACE, LLP | Reduced | -344.7k |
| MORGAN STANLEY | Reduced | -134.1k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -125.7k |
| Anson Funds Management LP | Reduced | -125.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -82.7k |
| Penserra Capital Management LLC | Reduced | -47.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -37.6k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -32.9k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $176.0m4.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $59.9m1.6m shares |
| WOLVERINE TRADING, LLC | New | $37.6m1.1m shares |
| SIMPLEX TRADING, LLC | Reduced | $35.4m972.9k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $27.8m764.0k shares |
| Caption Management, LLC | Unchanged | $18.2m500.0k shares |
| PEAK6 LLC | New | $16.3m447.6k shares |
| CITADEL ADVISORS LLC | Added | $10.2m279.1k shares |
| Walleye Trading LLC | Added | $4.6m125.5k shares |
| JANE STREET GROUP, LLC | Added | $4.0m109.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.1m552.5k shares |
| CITADEL ADVISORS LLC | Added | $11.5m316.2k shares |
| GROUP ONE TRADING LLC | Added | $11.4m313.0k shares |
| SIMPLEX TRADING, LLC | Added | $7.4m202.1k shares |
| Walleye Trading LLC | Added | $6.5m179.0k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $4.8m132.0k shares |
| WOLVERINE TRADING, LLC | New | $4.3m120.6k shares |
| JANE STREET GROUP, LLC | Added | $2.9m80.0k shares |
| Walleye Capital LLC | Added | $604.1k16.6k shares |
| Caption Management, LLC | Reduced | $545.9k15.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
FL INVESTMENT HOLDINGS LLC
13D · may seek influence
filed 2026-04-15
Stated purposeItem 4 of the Schedule 13D is hereby amended to add the following: The information in Item 3 of this Schedule 13D is incorporated herein by reference. On April 13, 2026, Globalstar, Inc. (the "Issuer") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Amazon.com, Inc., a Delaware corporation ("Parent"), Grapefruit Acquisition Sub I, Inc., a Delaware corporation and a direct wholly owned subsidiary of Parent ("Acquisition Sub I"), and Grapefruit Acquisition Sub II, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of Parent ("Acquisition Sub II" and, together with Parent and Acquisition Sub I, the "Buyer Parties"), pursuant to which, among other things, (a) Acquisition Sub I will merge with and into the Issuer (the "First Merger"), wit… Full filing |
57.6% |
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 2 | $3.4m | 2 | $540.9k | $116.2k |
| Q1 2024 | 1 | $4.6m | 2 | $1.2m | $1.2m |
| Q2 2024 | 1 | $4.8m | 2 | $4.9m | $83.3k |
| Q3 2024 | 0 | — | 2 | $1.0m | $1.0m |
| Q4 2024 | 1 | $12.0m | 4 | $8.1m | — |
| Q1 2025 | 1 | $7.4m | 4 | $6.1m | $1.1m |
| Q2 2025 | 1 | $2.3m | 0 | — | — |
| Q3 2025 | 0 | — | 3 | $3.8m | $1.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-25 | JACOBS PAUL E Chief Executive Officer, director | Sold | $1.9m53.5k shares |
| 2025-09-25 | Clary Rebecca VP & Chief Financial Officer | Sold plan | $73.5k2.1k shares |
| 2025-09-15 | Clary Rebecca VP & Chief Financial Officer | Sold | $159.5k5.4k shares |
| 2025-09-11 | Taylor Timothy Evan VP, Finance & Operations, director · By Thermo Investments III, LLC | Sold plan | $805.0k26.3k shares |
| 2025-09-10 | Taylor Timothy Evan VP, Finance & Operations, director · By Thermo Investments III, LLC | Sold plan | $851.2k26.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 5.2m $190.5m | Added +141.5k |
| BlackRock, Inc. 0.00% of their portfolio | 3.8m $139.3m | Added +142.6k |
| Greenhouse Funds LLLP 3.04% of their portfolio | 2.1m $78.2m | Added +123.7k |
| ASHFORD CAPITAL MANAGEMENT INC 5.71% of their portfolio | 1.4m $51.3m | Added +51.7k |
| Hood River Capital Management LLC 0.57% of their portfolio | 1.3m $48.4m | New |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $47.7m | Added +91.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.3m $46.5m | Added +3.8k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.3m $45.9m | Added +246.1k |
| BECK MACK & OLIVER LLC 0.77% of their portfolio | 1.2m $42.5m | Reduced -11.6k |
| Broad Bay Capital Management, LP 4.38% of their portfolio | 965.7k $35.1m | Added +184.2k |
| Senvest Management, LLC 1.01% of their portfolio | 867.6k $31.6m | Reduced -462.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 585.6k $21.3m | Added +393.1k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 489.3k $17.8m | Added +211.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 472.6k $17.2m | Reduced -10.4k |
| Penserra Capital Management LLC 0.19% of their portfolio | 439.0k $16.0m | Reduced -47.5k |
| American Alpha Advisors, LLC 11.40% of their portfolio | 433.3k $15.8m | Unchanged |
| MARSHALL WACE, LLP 0.02% of their portfolio | 433.0k $15.8m | Reduced -344.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 423.7k $15.4m | Added +3.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 382.4k $13.9m | Added +314.8k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 382.3k $13.9m | Added +89.8k |
| FMR LLC 0.00% of their portfolio | 344.4k $12.5m | Added +17.3k |
| SOFTBANK GROUP CORP. 0.04% of their portfolio | 321.0k $11.7m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 310.2k $11.3m | Reduced -8.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 248.7k $9.0m | Added +117.1k |
| Long Focus Capital Management, LLC 0.43% of their portfolio | 207.0k $7.5m | Reduced -438.0k |
| UBS Group AG 0.00% of their portfolio | 197.3k $7.2m | Reduced -8.1k |
| Magnus Financial Group LLC 0.56% of their portfolio | 195.7k $7.1m | Unchanged |
| ESSEX INVESTMENT MANAGEMENT CO LLC 1.08% of their portfolio | 194.3k $7.1m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 182.5k $6.6m | Reduced -6.5k |
| MORGAN STANLEY 0.00% of their portfolio | 172.5k $6.3m | Reduced -134.1k |
| PLUSTICK MANAGEMENT LLC 2.52% of their portfolio | 165.1k $6.0m | Reduced -10.0k |
| Nuveen, LLC 0.00% of their portfolio | 157.9k $5.7m | Reduced -2.3k |
| Anson Funds Management LP 0.60% of their portfolio | 150.0k $5.5m | Reduced -125.0k |
| Legal & General Group Plc 0.00% of their portfolio | 147.1k $5.4m | Added +88.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 145.8k $5.3m | Added +2.6k |
| Robertson Stephens Wealth Management, LLC 0.15% of their portfolio | 134.8k $4.9m | Reduced -9.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.00% of their portfolio | 133.8k $4.9m | Added +4.5k |
| 683 Capital Management, LLC 0.40% of their portfolio | 120.0k $4.4m | Reduced -3.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 117.1k $4.3m | Reduced -37.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 110.2k $4.0m | Reduced -32.9k |
| Swiss National Bank 0.00% of their portfolio | 98.1k $3.6m | Added +1.4k |
| Informed Momentum Co LLC 0.37% of their portfolio | 90.0k $3.2m | New |
| Linden Thomas Advisory Services, LLC 0.28% of their portfolio | 76.1k $2.8m | Reduced -42 |
| JT Stratford LLC 0.36% of their portfolio | 73.6k $2.7m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 72.5k $2.6m | Reduced -1.9k |
| CANNELL CAPITAL LLC 0.69% of their portfolio | 72.0k $2.6m | Added +20.7k |
| HighTower Advisors, LLC 0.00% of their portfolio | 71.9k $2.6m | Added +546 |
| BARCLAYS PLC 0.00% of their portfolio | 71.8k $2.6m | Reduced -27.4k |
| Sovran Advisors, LLC 0.30% of their portfolio | 66.3k $3.4m | Added +1.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 59.0k $2.1m | Added +50.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 56.2k $2.0m | Added +2.2k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 54.3k $2.0m | Reduced -25.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 48.5k $1.8m | Reduced -8.0k |
| SIMPLEX TRADING, LLC 0.04% of their portfolio | 47.4k $1.7m | Added +25.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 46.8k $1.7m | Added +2 |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 44.8k $1.6m | New |
| Merrion Investment Management Co, LLC 0.91% of their portfolio | 43.7k $1.6m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 40.7k $1.5m | Added +5.0k |
| Legato Capital Management LLC 0.15% of their portfolio | 38.7k $1.4m | New |
| Palogic Value Management, L.P. 0.58% of their portfolio | 37.5k $1.4m | Reduced -12.5k |
| Verition Fund Management LLC 0.01% of their portfolio | 36.6k $1.3m | Reduced -17.9k |
| LPL Financial LLC 0.00% of their portfolio | 36.0k $1.3m | Added +17.2k |
| Invesco Ltd. 0.00% of their portfolio | 35.4k $1.3m | Added +6.8k |
| Private Advisor Group, LLC 0.01% of their portfolio | 35.3k $1.3m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 35.1k $1.3m | Added +8.7k |
| Wolf Hill Capital Management, LP 0.11% of their portfolio | 32.0k $1.2m | Unchanged |
| MetLife Investment Management, LLC 0.01% of their portfolio | 28.9k $1.1m | Unchanged |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 27.6k $1.0m | Reduced -247 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 27.3k $994.0k | Added +4.9k |
| Curbstone Financial Management Corp 0.18% of their portfolio | 25.2k $917.0k | Reduced -4.0k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 24.6k $896.0k | Added +540 |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 20.3k $739.9k | Unchanged |
| Edgestream Partners, L.P. 0.02% of their portfolio | 20.1k $732.1k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 19.6k $713.0k | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 18.2k $663.7k | Unchanged |
| Bryce Point Capital, LLC 0.81% of their portfolio | 18.2k $660.6k | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 17.9k $780.9k | Added +124 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 17.6k $641.5k | Reduced -82.7k |
| Man Group plc 0.00% of their portfolio | 17.5k $635.7k | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 16.6k $605.3k | Unchanged |
| Crewe Advisors LLC 0.06% of their portfolio | 16.3k $591.6k | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 16.1k $587.6k | Reduced -12.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 15.1k $548.8k | Unchanged |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 15.0k $544.6k | Added +1.1k |
| XTX Topco Ltd 0.03% of their portfolio | 14.6k $532.3k | New |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 13.9k $504.4k | Added +2.9k |
| Squarepoint Ops LLC 0.00% of their portfolio | 13.7k $497.1k | Reduced -1.8k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 12.7k $460.5k | New |
| Sterling Capital Management LLC 0.01% of their portfolio | 12.6k $458.6k | Added +1 |
| Focus Partners Wealth 0.01% of their portfolio | 12.5k $5.5m | New |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 12.0k $438.2k | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 11.8k $430.4k | Reduced -11.5k |
| CATALYST FINANCIAL PARTNERS LLC 0.05% of their portfolio | 11.4k $416.5k | Unchanged |
| Handelsbanken Fonder AB 0.00% of their portfolio | 11.2k $408.0k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 11.2k $406.1k | Reduced -28.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 11.0k $401.9k | Added +5.8k |
| AMJ Financial Wealth Management 0.10% of their portfolio | 10.8k $393.5k | New |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 10.1k $368.3k | Added +700 |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 10.1k $368.0k | New |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 9.4k $340.5k | New |