IRDM 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 IRDM shares is 484, representing 86.58% of the company's common stock.

AMERICAN INTERNATIONAL GROUP, INC., in the last quarter, reduced its stake in IRDM by -2.01% restricting it's holding to 164.9 thousand shares of worth nearly $4.31M. RHUMBLINE ADVISERS also lessened -5.03% of the IRDM shares from its portfolio, reducing its holding to 359.44 thousand shares of worth $9.40M. BLAIR WILLIAM & CO/IL also shunned IRDM shares holding by -25.48% last quarter which brought its holding to 326.79 thousand shares worth $8.55M.

As per its latest 13F filing, CANADA PENSION PLAN INVESTMENT BOARD increased its stake in IRDM by 50.35% in the last quarter. The institutional holder raised its holding to 370.3 thousand shares having worth more than $9.69M. ALGERT GLOBAL LLC also added 310.23% more shares of IRDM to its portfolio, raising its holding to 184.59 thousand shares of worth $4.83M. CLEARBRIDGE INVESTMENTS, LLC also increased its IRDM shares holding by 0.12% which brought its holding to 2.27 million shares worth $59.37M.

The insider with the most stakes in IRDM is Baralonco Ltd , 10 percent owner at the company. Additionally, IRDM stock is highly held by Chief Executive Officer DESCH MATTHEW J and director NIEHAUS ROBERT H among others.

Company executives, directors, and other insiders own 11.3% percent of Iridium Communications Inc.'s stock. Within the last six months, there have been 4 transaction(s) in which IRDM insiders have sold stock, totaling 55.33K shares. Insiders that have sold shares include FITZPATRICK THOMAS, LAST TIMOTHY JAMES, and MCBRIDE SUZANNE E..

There have been 0 transaction(s) during the past 6-months in which Iridium Communications Inc. insiders have bought stock, totalling 0 shares

Around 708.69K Iridium Communications Inc. shares are held by insiders, which represents about 11.3% of IRDM stock.

IRDM 10 percent owner, Baralonco Ltd holds the largest portfolio of the company's shares. IRDM shares owned by Baralonco total nearly 13.1 million.

CANADA PENSION PLAN INVESTMENT BOARD is the largest institutional owner in IRDM which holds 370.3 thousand shares worth $9.69M or 0.29% of the total IRDM shares outstanding followed by ALGERT GLOBAL LLC with ownership of 184.59 thousand shares representing 0.15% of the IRDM ownership. AMERICAN INTERNATIONAL GROUP, INC. is the third largest stakeholder with 164.9 thousand shares or 0.13% of the ownership worth more than $4.31M.

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 IRDM is concerned, it is a stock which is optionable.

Number of IRDM shares short is 7.99M. 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, 113.85M shares of IRDM 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, IRDM has 101.35M 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 IRDM is 8.62.