Following the completion of the transaction, the insider now directly owns 110,553 shares of the company’s stock, valued at $5,160,614.04. The shares were sold at an average price of $46.68, for a total value of $350,100.00. Mcbride sold 7,500 shares of Iridium Communications stock in a transaction dated Monday, August 15th. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Following the completion of the transaction, the director now directly owns 44,423 shares of the company’s stock, valued at approximately $1,955,944.69. The stock was sold at an average price of $44.03, for a total value of $132,178.06. In other Iridium Communications news, Director Barry West sold 3,002 shares of Iridium Communications stock in a transaction dated Friday, July 29th. Following the completion of the transaction, the insider now directly owns 110,553 shares of the company’s stock, valued at approximately $5,160,614.04. The stock was sold at an average price of $46.68, for a total value of $350,100.00. In other Iridium Communications news, insider Suzanne E. Insider Buying and Selling at Iridium Communications

As a group, analysts expect that Iridium Communications Inc. During the same period last year, the company earned $0.03 EPS. The company’s quarterly revenue was up 16.6% on a year-over-year basis. Iridium Communications had a negative return on equity of 0.05% and a negative net margin of 0.09%. The firm had revenue of $174.90 million during the quarter, compared to the consensus estimate of $166.46 million. The technology company reported $0.04 earnings per share (EPS) for the quarter. Iridium Communications ( NASDAQ:IRDM – Get Rating) last issued its quarterly earnings data on Tuesday, July 26th. The company has a debt-to-equity ratio of 1.33, a current ratio of 3.23 and a quick ratio of 2.97. The business has a 50-day moving average price of $40.37 and a 200 day moving average price of $38.63. Shares of NASDAQ:IRDM opened at $45.86 on Friday. Institutional investors and hedge funds own 97.98% of the company’s stock. Finally, IFM Investors Pty Ltd purchased a new stake in shares of Iridium Communications in the first quarter valued at approximately $628,000.

Cordatus Wealth Management LLC purchased a new stake in shares of Iridium Communications in the first quarter valued at approximately $1,288,000. Los Angeles Capital Management LLC purchased a new stake in shares of Iridium Communications in the first quarter valued at approximately $691,000. Qube Research & Technologies Ltd purchased a new stake in shares of Iridium Communications in the first quarter valued at approximately $1,199,000. now owns 575,776 shares of the technology company’s stock worth $23,582,000 after purchasing an additional 6,662 shares during the period. raised its holdings in Iridium Communications by 1.2% in the 1st quarter. Other institutional investors and hedge funds have also modified their holdings of the company. Teacher Retirement System of Texas’ holdings in Iridium Communications were worth $980,000 as of its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,299 shares of the technology company’s stock after purchasing an additional 1,235 shares during the period. ( NASDAQ:IRDM – Get Rating) by 5.4% in the 1st quarter, reports. Teacher Retirement System of Texas grew its stake in Iridium Communications Inc.

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