#23. James F. Lynch Buys $7.7M of Globalstar, Inc. latest buy: 03/13/2024
During the last six months, Lynch bet big on GSAT:
Purchased
Insider
Title
Shares
Price/Share
Value
12/19/2023
James F. Lynch
Director
750,000
$1.69
$1,264,175.00
12/20/2023
James F. Lynch
Director
500,000
$1.73
$863,800.00
12/29/2023
James F. Lynch
Director
500,000
$1.93
$963,700.00
03/08/2024
James F. Lynch
Director
1,320,000
$1.32
$1,747,614.00
03/12/2024
James F. Lynch
Director
1,320,000
$1.43
$1,887,666.00
03/13/2024
James F. Lynch
Director
660,000
$1.46
$960,300.00
Globalstar provides Mobile Satellite Services including voice and data communications services in addition to wholesale capacity services through its global satellite network. Co. provides these services over its network of in-orbit satellites and its active ground stations, which Co. refers to collectively as the Globalstar System. In addition to supporting Internet of Things data transmissions in a variety of applications, Co. provides connectivity in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters.
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