GSAT Stock Ownership Breakdown

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own GSAT shares is 288, representing 21.78% of the company's common stock.

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM, in the last quarter, reduced its stake in GSAT by -0.06% restricting it's holding to 249.41 thousand shares of worth nearly $289.32K. VOYA INVESTMENT MANAGEMENT LLC also lessened -42.6% of the GSAT shares from its portfolio, reducing its holding to 1.85 million shares of worth $2.71M. BARCLAYS PLC also shunned GSAT shares holding by -50.35% last quarter which brought its holding to 1.33 million shares worth $1.95M.

As per its latest 13F filing, VANGUARD GROUP INC increased its stake in GSAT by 2.08% in the last quarter. The institutional holder raised its holding to 73.23 million shares having worth more than $107.65M. GREENHOUSE FUNDS LLLP also added 49.37% more shares of GSAT to its portfolio, raising its holding to 18.66 million shares of worth $27.44M. STATE STREET CORP also increased its GSAT shares holding by 4.54% which brought its holding to 16.88 million shares worth $24.81M.

The insider with the most stakes in GSAT is Lynch James F , director at the company. Additionally, GSAT stock is highly held by Monroe James III and VP, Finance & Operations Taylor Timothy Evan among others.

Company executives, directors, and other insiders own 60.83% percent of Globalstar, Inc.'s stock. Within the last six months, there have been 9 transaction(s) in which GSAT insiders have sold stock, totaling 4.58M shares. Insiders that have sold shares include JACOBS PAUL E, TAYLOR TIMOTHY EVAN, and PONDER L BARBEE IV.

There have been 10 transaction(s) during the past 6-months in which Globalstar, Inc. insiders have bought stock, totalling 5500000 shares

Around 130.79M Globalstar, Inc. shares are held by insiders, which represents about 60.83% of GSAT stock.

GSAT director, Lynch James F holds the largest portfolio of the company's shares. GSAT shares owned by Lynch total nearly 12.34 million.

UBS ASSET MANAGEMENT AMERICAS INC is the largest institutional owner in GSAT which holds 617.37 thousand shares worth $907.53K or 0.03% of the total GSAT shares outstanding followed by STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM with ownership of 249.41 thousand shares representing 0.01% of the GSAT ownership. VANGUARD GROUP INC is the third largest stakeholder with 73.23 million shares or 3.9% of the ownership worth more than $107.65M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the GSAT is concerned, it is a stock which is optionable.

Number of GSAT shares short is 32.30M. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 1.89B shares of GSAT are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, GSAT has 742.47M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for GSAT is 1.5.