Director Monroe James III buys 50,000 GSAT shares at $18.68; stock now -46.5% from 52-week high, down 6.1% in 30 days.
Monroe James III purchased 50,000 shares of Globalstar on 2025-05-16 at $18.68, adding to an already substantial 58.83M share position. The stock has since declined to $18.38, continuing a broader downturn: -6.1% over 30 days and -17.5% over 90 days, with the current price sitting 46.5% below its 52-week high of $34.35. His prior trades at GSAT show negative 30-day returns (-10.4% to -12.9%), and across his cross-ticker track record, his 20 prior buys averaged +998.1% return over 30 days and +1102.7% over 90 days with a 100% win rate—but none of those outsized gains have materialized at this ticker. The company remains unprofitable (full-year net income was negative) despite 11.9% annual revenue growth, creating a disconnect between the insider's historical execution elsewhere and current outcomes at GSAT.