Iridium Communications Inc.

NasdaqGS:IRDM Stock Report

Market Cap: US$3.3b

Iridium Communications Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:IRDM Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
04 Nov 24SellUS$130,302Suzanne McBrideIndividual4,420US$29.48
06 Mar 24SellUS$107,901Jane HarmanIndividual3,798US$28.41

Insider Trading Volume

Insider Buying: IRDM insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of IRDM?
Owner TypeNumber of SharesOwnership Percentage
State or Government104,6830.0919%
General Public996,5100.875%
Individual Insiders1,958,8971.72%
Private Companies10,432,4899.16%
Institutions100,355,20388.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 74.13% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10.4%
BlackRock, Inc.
11,795,585US$342.8m0.75%0.01%
9.77%
Baron Capital Group, Inc.
11,118,785US$323.1m-0.57%0.74%
9.65%
The Vanguard Group, Inc.
10,990,353US$319.4m-4.77%no data
9.16%
Estate of Khalid bin Abdullah bin Abdulrahman
10,432,489US$303.2m0%no data
4.4%
Nikko Asset Management Co., Ltd.
5,006,211US$145.5m102%0.05%
3.75%
State Street Global Advisors, Inc.
4,269,883US$124.1m0.87%no data
3.27%
Silver Heights Capital Management Inc.
3,725,267US$108.3m-0.25%47.68%
3.1%
Van Berkom and Associates Inc.
3,530,517US$102.6m1.45%2.73%
2.08%
ARK Investment Management LLC
2,372,791US$69.0m-5.86%0.49%
1.83%
Geode Capital Management, LLC
2,085,878US$60.6m-1.6%no data
1.68%
Dimensional Fund Advisors LP
1,912,460US$55.6m-0.94%0.01%
1.41%
Victory Capital Management Inc.
1,609,649US$46.8m0.7%0.04%
1.36%
Northern Trust Global Investments
1,547,142US$45.0m-3.69%0.01%
1.34%
Schroder Investment Management North America Inc.
1,529,735US$44.5m24%0.14%
1.34%
ArrowMark Colorado Holdings, LLC
1,520,889US$44.2m-3.13%0.56%
1.32%
Norges Bank Investment Management
1,506,384US$43.8m0%no data
1.25%
T. Rowe Price Group, Inc.
1,419,843US$41.3m1.6%no data
1%
AQR Capital Management, LLC
1,138,954US$33.1m364%0.04%
0.93%
Charles Schwab Investment Management, Inc.
1,055,852US$30.7m-24.5%no data
0.89%
BNY Asset Management
1,014,264US$29.5m-11.4%0.01%
0.88%
Millennium Management LLC
1,000,383US$29.1m63.9%0.02%
0.88%
Capital Research and Management Company
1,000,000US$29.1m0%no data
0.86%
Select Equity Group, L.P.
978,494US$28.4m63.4%0.1%
0.83%
FMR LLC
939,275US$27.3m26.6%no data
0.79%
American Century Investment Management Inc
893,891US$26.0m167%0.01%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 04:16
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Iridium Communications Inc. is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Mathieu RobilliardBarclays
Hamed KhorsandBWS Financial Inc.