Is Globalstar Stock a Buy After Greenhouse Funds Added Over 75,000 Shares to Its Position?

2 hours ago 1

Robert Izquierdo, The Motley Fool

Sat, March 14, 2026 astatine 2:19 PM CDT 4 min read

According to its SEC filing dated February 17, 2026, Greenhouse Funds LLLP accrued its involvement successful Globalstar (NASDAQ:GSAT) by 75,653 shares during the 4th fourth of 2025. The estimated worth of the commercialized was $4.18 million, based connected the period’s mean stock price. As of December 31, 2025, the position’s worth roseate by astir $57.60 million, a alteration reflecting some the accrued involvement and underlying banal terms appreciation.

  • Direction: Buy; post-trade Globalstar involvement represents 4.91`% of Greenhouse Funds’ 13F AUM.

  • Top holdings aft the filing:

    • NYSE: VYX: $187.18 cardinal (6.8% of AUM)

    • NYSE: BILL: $160.02 cardinal (5.8% of AUM)

    • NASDAQ: SRAD: $157.39 cardinal (5.7% of AUM)

    • NASDAQ: GSAT: $135.80 cardinal (4.9% of AUM)

    • NYSE: NCLH: $118.27 cardinal (4.3% of AUM)

  • As of February 13, 2026, Globalstar shares were priced astatine $60.06, up 171.76% implicit the past year, outperforming the S&P 500 by 159.97 percent points.

Metric

Value

Price (as of marketplace adjacent 2/13/26)

$60.06

Market Capitalization

$7.49 billion

Revenue (TTM)

$272.99 million

Net Income (TTM)

($19.26 million)

  • Globalstar provides mobile outer dependable and information communications, SPOT user tracking and information devices, plus tracking solutions, and IoT connectivity products for planetary markets.

  • It generates gross done nonstop merchandise sales, work subscriptions, wholesale web access, and engineering services, leveraging a proprietary outer web and terrestrial spectrum rights.

  • The institution serves recreational, government, exigency response, lipid and gas, maritime, utilities, transportation, and concern customers worldwide, with a absorption connected distant and mission-critical applications.

Globalstar operates a planetary outer communications network, offering connectivity solutions for voice, data, and plus tracking crossed challenging geographies. The institution leverages strategical exertion partnerships and spectrum assets to code the increasing request for reliable communications successful distant and concern environments. Its diversified merchandise suite and established lawsuit basal presumption Globalstar arsenic a cardinal subordinate successful the satellite-enabled IoT and captious communications market.

The acquisition of an further 75,653 Globalstar shares by Greenhouse Funds successful the 4th fourth of 2025 suggests the hedge money has a bullish outlook towards the stock. This is peculiarly noteworthy fixed Globalstar shares were connected the upswing successful Q4, yet hitting a 52-week precocious of $74.88 connected Dec. 12.

Read Entire Article