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 ($4.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $81.25. Options: 28 managers hold calls ($439.1m notional), 22 hold puts ($171.5m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q4 2024 | 3 |
| Q1 2025 | 163 |
| Q2 2025 | 147 |
| Q3 2025 | 195 |
| Q4 2025 | 257 |
| Q1 2026 | 280 |
| Q2 2026 | 312 |
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 |
| Q4 2025 | 156 | 92 |
| Q1 2026 | 143 | 111 |
| Q2 2026 | 175 | 140 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $397.3m | $70.2m | 0.18 |
| Q4 2025 | $583.9m | $174.0m | 0.30 |
| Q1 2026 | $245.4m | $134.2m | 0.55 |
| Q2 2026 | $439.1m | $171.5m | 0.39 |
Biggest buyers
| Pentwater Capital Management LP | New | +1.4m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +905.6k |
| LMR Partners LLP | New | +849.6k |
| CITADEL ADVISORS LLC | New | +542.5k |
| ALPINE ASSOCIATES MANAGEMENT INC. | New | +467.6k |
| VAN ECK ASSOCIATES CORP | Added | +452.9k |
| CITIGROUP INC | Added | +440.7k |
| Slotnik Capital, LLC | New | +350.0k |
| Qube Research & Technologies Ltd | Added | +330.4k |
Biggest sellers
| Greenhouse Funds LLLP | Reduced | -2.2m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -1.1m |
| BlackRock, Inc. | Reduced | -767.6k |
| Senvest Management, LLC | Reduced | -739.6k |
| Broad Bay Capital Management, LP | Reduced | -648.9k |
| FMR LLC | Reduced | -490.4k |
| ASHFORD CAPITAL MANAGEMENT INC | Reduced | -397.8k |
| American Alpha Advisors, LLC | Reduced | -383.3k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -329.7k |
| Anson Funds Management LP | Sold out | -316.4k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $127.7m1.6m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $57.5m707.3k shares |
| MILLENNIUM MANAGEMENT LLC | New | $36.9m454.2k shares |
| EQUITEC PROPRIETARY MARKETS, LLC | New | $34.2m421.0k shares |
| CITADEL ADVISORS LLC | Added | $31.2m384.2k shares |
| JANE STREET GROUP, LLC | Reduced | $21.9m269.4k shares |
| Troluce Capital Advisors LLC | New | $19.1m235.4k shares |
| Walleye Trading LLC | Added | $18.4m226.9k shares |
| IMC-Chicago, LLC | Added | $17.4m213.7k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $9.2m112.8k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | New | $63.0m774.9k shares |
| Troluce Capital Advisors LLC | New | $40.6m500.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $12.1m149.2k shares |
| CITADEL ADVISORS LLC | Reduced | $7.6m94.0k shares |
| EQUITEC PROPRIETARY MARKETS, LLC | New | $7.1m86.9k shares |
| JANE STREET GROUP, LLC | Reduced | $6.8m83.8k shares |
| BARCLAYS PLC | New | $6.5m80.0k shares |
| MOORE CAPITAL MANAGEMENT, LP | New | $4.9m60.0k shares |
| Caption Management, LLC | Added | $4.5m55.0k shares |
| Centiva Capital, LP | New | $4.3m52.3k 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 since 1 Apr 2026
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 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 |
| Q4 2025 | 0 | — | 2 | $2.7m | $1.0m |
| Q1 2026 | 0 | — | 3 | $367.6k | $73.9k |
| Q2 2026 | 0 | — | 1 | $727.9k | $75.2k |
| Q3 2026 | 1 | $29.8m | 5 | $62.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-21 | Ponder L Barbee IV General Counsel | Sold | $140.4k1.7k shares |
| 2026-09-18 | Monroe James III Director · By James Monroe III Grantor Trust | Bought | $29.8m361.6k shares |
| 2026-09-18 | Lynch James F Director · By Thermo Investments II LLC | Sold | $29.8m361.6k shares |
| 2026-08-27 | Wolff Benjamin G Director | Sold | $1.6m20.0k shares |
| 2026-08-26 | Lynch James F Director · By Thermo Investments II LLC | Sold | $9.0m110.0k shares |
| 2026-08-21 | Wolff Benjamin G Director | Sold | $1.6m20.0k shares |
| 2026-08-14 | Clary Rebecca VP & Chief Financial Officer | Sold | $2.0m24.1k shares |
| 2026-08-13 | Taylor Timothy Evan VP, Finance & Operations, director · By Thermo Investments III, LLC | Sold | $6.2m75.0k shares |
| 2026-08-12 | Taylor Timothy Evan VP, Finance & Operations, director · By Thermo Investments III, LLC | Sold | $6.2m75.0k shares |
| 2026-08-12 | Wolff Benjamin G Director | Sold | $2.7m32.7k shares |
| 2026-08-11 | Wolff Benjamin G Director | Sold | $2.0m24.0k shares |
| 2026-08-11 | Ponder L Barbee IV General Counsel | Sold | $394.2k4.7k shares |
| 2026-08-07 | Ponder L Barbee IV General Counsel | Sold | $1.0m12.0k shares |
| 2026-06-04 | Clary Rebecca VP & Chief Financial Officer | Sold plan | $75.2k920 shares |
| 2026-04-28 | Clary Rebecca VP & Chief Financial Officer | Sold | $330.3k4.1k shares |
| 2026-04-15 | Clary Rebecca VP & Chief Financial Officer | Sold | $322.4k4.0k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 3.2m $263.0m | Reduced -767.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.3m $188.4m | Added +43.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 2.2m $178.2m | Reduced -216.6k |
| NORGES BANK 0.02% of their portfolio | 2.1m $169.5m | Not comparable |
| VAN ECK ASSOCIATES CORP 0.07% of their portfolio | 1.4m $116.0m | Added +452.9k |
| Pentwater Capital Management LP 0.88% of their portfolio | 1.4m $110.1m | New |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $104.7m | Reduced -249.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $98.1m | Reduced -245.9k |
| BECK MACK & OLIVER LLC 1.75% of their portfolio | 1.1m $89.8m | Reduced -12.8k |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 1.0m $83.7m | Added +1.0m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 991.1k $80.6m | Added +905.6k |
| LMR Partners LLP 0.51% of their portfolio | 849.6k $69.1m | New |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 542.5k $44.1m | New |
| ASHFORD CAPITAL MANAGEMENT INC 4.44% of their portfolio | 509.7k $41.4m | Reduced -397.8k |
| ALPINE ASSOCIATES MANAGEMENT INC. 2.38% of their portfolio | 467.6k $38.0m | New |
| Penserra Capital Management LLC 0.29% of their portfolio | 458.9k $37.3m | Added +37.3k |
| CITIGROUP INC 0.02% of their portfolio | 447.5k $36.4m | Added +440.7k |
| FMR LLC 0.00% of their portfolio | 418.7k $34.0m | Reduced -490.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 413.4k $33.6m | Reduced -95.2k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 394.9k $32.1m | Reduced -1.1m |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 377.9k $30.7m | Added +330.4k |
| Slotnik Capital, LLC 7.92% of their portfolio | 350.0k $28.5m | New |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 332.2k $27.0m | Reduced -19.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 325.6k $26.5m | Reduced -91.7k |
| SOFTBANK GROUP CORP. 0.14% of their portfolio | 321.0k $26.1m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 304.4k $24.7m | Added +4.8k |
| CAPSTONE INVESTMENT ADVISORS, LLC 0.17% of their portfolio | 300.0k $24.4m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 275.7k $22.4m | Added +44.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 269.8k $21.9m | Reduced -189.0k |
| Voleon Capital Management LP 0.39% of their portfolio | 261.4k $21.2m | Added +172.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 226.9k $18.4m | Added +1.0k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 223.4k $18.2m | Added +211.7k |
| Man Group plc 0.03% of their portfolio | 222.4k $18.1m | Added +187.2k |
| P SCHOENFELD ASSET MANAGEMENT LP 10.48% of their portfolio | 217.0k $17.6m | New |
| UBS Group AG 0.00% of their portfolio | 206.5k $16.8m | Reduced -259.3k |
| MORGAN STANLEY 0.00% of their portfolio | 205.1k $16.7m | Added +124.0k |
| HRT FINANCIAL LP 0.04% of their portfolio | 191.4k $15.6m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 180.4k $14.7m | Reduced -72.8k |
| AQR Arbitrage LLC 0.21% of their portfolio | 177.5k $14.4m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 162.8k $13.2m | Added +14.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 162.3k $13.2m | Added +47.1k |
| NEXPOINT ASSET MANAGEMENT, L.P. 0.79% of their portfolio | 145.9k $11.9m | New |
| Defiance ETFs, LLC 0.16% of their portfolio | 138.9k $11.2m | Reduced -3.7k |
| Nuveen, LLC 0.00% of their portfolio | 134.2k $10.9m | Reduced -27.6k |
| CAXTON ASSOCIATES LLP 0.20% of their portfolio | 132.8k $10.8m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 132.5k $10.9m | Added +29.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 132.4k $10.8m | Reduced -158.0k |
| Senvest Management, LLC 0.31% of their portfolio | 129.3k $10.5m | Reduced -739.6k |
| LBP AM SA 0.10% of their portfolio | 127.2k $10.3m | Added +108.7k |
| Legal & General Group Plc 0.00% of their portfolio | 123.3k $10.0m | Reduced -1.9k |
| GLAZER CAPITAL, LLC 0.23% of their portfolio | 117.2k $9.5m | New |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 112.2k $9.1m | Reduced -44.7k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 110.9k $9.0m | Added +106.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 109.8k $8.9m | Added +1.8k |
| Robertson Stephens Wealth Management, LLC 0.22% of their portfolio | 109.6k $8.9m | Reduced -53.9k |
| Vestcor Inc 0.21% of their portfolio | 104.5k $8.5m | Added +97.6k |
| Swiss National Bank 0.00% of their portfolio | 103.2k $8.4m | Added +3.3k |
| Merrion Investment Management Co, LLC 3.66% of their portfolio | 95.2k $7.7m | Added +51.5k |
| TIG Advisors, LLC 0.35% of their portfolio | 92.8k $7.5m | New |
| TORONTO DOMINION BANK 0.01% of their portfolio | 92.4k $7.5m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 79.9k $6.5m | Added +57.3k |
| Weiss Asset Management LP 0.07% of their portfolio | 79.3k $6.5m | Not comparable |
| Invesco Ltd. 0.00% of their portfolio | 79.2k $6.4m | Added +45.0k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.34% of their portfolio | 78.3k $6.4m | Added +53.2k |
| New York Life Investment Management LLC 0.04% of their portfolio | 77.3k $6.3m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 73.3k $6.0m | Added +46.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 70.4k $5.7m | Reduced -40.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 67.7k $5.5m | Added +8.2k |
| Magnetar Financial LLC 0.05% of their portfolio | 67.7k $5.5m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 67.4k $4.5m | Added +10.7k |
| Sovran Advisors, LLC 0.39% of their portfolio | 66.3k $5.2m | Reduced -200 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 62.0k $5.0m | Reduced -7.9k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 61.1k $5.0m | Reduced -5.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 61.0k $5.0m | Added +27.6k |
| MOORE CAPITAL MANAGEMENT, LP 0.11% of their portfolio | 60.0k $4.9m | New |
| Quantbot Technologies LP 0.19% of their portfolio | 59.9k $4.9m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 55.0k $4.5m | Reduced -16.5k |
| Broad Bay Capital Management, LP 0.41% of their portfolio | 52.6k $4.3m | Reduced -648.9k |
| Jain Global LLC 0.05% of their portfolio | 51.3k $4.2m | New |
| American Alpha Advisors, LLC 2.40% of their portfolio | 50.0k $4.1m | Reduced -383.3k |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 49.2k $4.0m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 49.1k $4.0m | Reduced -11.4k |
| SG Americas Securities, LLC 0.00% of their portfolio | 47.6k $3.9m | Added +31.2k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 47.2k $3.8m | Added +13 |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.54% of their portfolio | 45.9k $3.7m | New |
| GABELLI FUNDS LLC 0.02% of their portfolio | 45.4k $3.7m | New |
| Greenhouse Funds LLLP 0.19% of their portfolio | 44.7k $3.6m | Reduced -2.2m |
| Kintayl Capital LP 1.70% of their portfolio | 43.4k $3.5m | New |
| EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio | 39.9k $3.2m | Added +29.7k |
| Vanguard Investments Australia, Ltd. 0.01% of their portfolio | 39.7k $3.2m | Added +1.7k |
| Governors Lane LP 0.30% of their portfolio | 37.1k $3.0m | New |
| Caption Management, LLC 0.10% of their portfolio | 35.5k $2.9m | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 34.4k $2.8m | Reduced -3.2k |
| Sunstone Asset Management, LP 3.13% of their portfolio | 33.5k $2.7m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 33.1k $2.7m | Added +16.1k |
| SIMPLEX TRADING, LLC 0.07% of their portfolio | 32.2k $2.6m | Reduced -15.7k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.16% of their portfolio | 31.4k $2.6m | Added +25.1k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 31.3k $2.5m | Added +19.1k |
| LPL Financial LLC 0.00% of their portfolio | 31.2k $2.5m | Reduced -15.4k |
| WATER ISLAND CAPITAL LLC 0.26% of their portfolio | 30.7k $2.5m | New |