$GSAT stock is up 7% today. Here's what we see in our data.

$GSAT stock has now risen 7% today, according to our price data from Polygon. There has been approximately $25,029,038 of trading volume.

$GSAT Insider Trading Activity

$GSAT insiders have traded $GSAT stock on the open market 20 times in the past 6 months. Of those trades, 11 have been purchases and 9 have been sales.

Here’s a breakdown of recent trading of $GSAT stock by insiders over the last 6 months:

• JAMES III MONROE has made 11 purchases buying 6,030,000 shares for an estimated $11,987,019 and 0 sales.
• TIMOTHY EVAN TAYLOR (VP, Finance & Operations) has made 0 purchases and 3 sales selling 4,290,000 shares for an estimated $8,700,534.
• REBECCA CLARY (VP & Chief Financial Officer) has made 0 purchases and 2 sales selling 112,688 shares for an estimated $174,025.
• WILLIAM A HASLER sold 90,000 shares for an estimated $173,754
• L BARBEE IV PONDER (General Counsel) has made 0 purchases and 2 sales selling 76,312 shares for an estimated $160,466.
• PAUL E JACOBS (Chief Executive Officer) sold 14,539 shares for an estimated $31,840

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$GSAT Hedge Fund Activity

We have seen 118 institutional investors add shares of $GSAT stock to their portfolio, and 78 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• ROYCE & ASSOCIATES LP removed 5,535,611 shares (-54.0%) from their portfolio in Q3 2024, for an estimated $6,864,157
• AGF MANAGEMENT LTD added 3,803,484 shares (+inf%) to their portfolio in Q4 2024, for an estimated $7,873,211
• WOLF HILL CAPITAL MANAGEMENT, LP added 3,745,128 shares (+106.8%) to their portfolio in Q3 2024, for an estimated $4,643,958
• LEGION PARTNERS ASSET MANAGEMENT, LLC removed 3,500,000 shares (-64.6%) from their portfolio in Q3 2024, for an estimated $4,340,000
• CITADEL ADVISORS LLC added 2,540,892 shares (+482.9%) to their portfolio in Q3 2024, for an estimated $3,150,706
• MILLENNIUM MANAGEMENT LLC added 1,614,975 shares (+inf%) to their portfolio in Q3 2024, for an estimated $2,002,569
• MUDRICK CAPITAL MANAGEMENT, L.P. removed 1,416,635 shares (-4.4%) from their portfolio in Q3 2024, for an estimated $1,756,627

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

You can track data on $GSAT on Quiver Quantitative.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.