IRIDIUM COMMUNICATIONS ($IRDM) posted quarterly earnings results for Q1 2026 on Thursday, April 23rd. The company reported earnings of $0.20 per share, missing estimates of $0.34 by $0.14. The company also reported revenue of $219,060,000, missing estimates of $222,808,800 by $-3,748,800.
You can see Quiver Quantitative's $IRDM stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
IRIDIUM COMMUNICATIONS Insider Trading Activity
IRIDIUM COMMUNICATIONS insiders have traded $IRDM stock on the open market 7 times in the past 6 months. Of those trades, 2 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $IRDM stock by insiders over the last 6 months:
- THOMAS FITZPATRICK has made 0 purchases and 3 sales selling 30,967 shares for an estimated $557,406.
- ROBERT H NIEHAUS purchased 30,000 shares for an estimated $524,700
- MATTHEW J DESCH (CHIEF EXECUTIVE OFFICER) purchased 20,000 shares for an estimated $346,599
- TIMOTHY KAPALKA (CAO Iridium Satellite LLC) has made 0 purchases and 2 sales selling 5,833 shares for an estimated $184,909.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
IRIDIUM COMMUNICATIONS Hedge Fund Activity
We have seen 176 institutional investors add shares of IRIDIUM COMMUNICATIONS stock to their portfolio, and 171 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARK INVESTMENT MANAGEMENT LLC removed 3,639,502 shares (-56.1%) from their portfolio in Q4 2025, for an estimated $63,254,544
- AMOVA ASSET MANAGEMENT AMERICAS, INC. removed 3,195,128 shares (-74.1%) from their portfolio in Q4 2025, for an estimated $55,531,324
- SUMITOMO MITSUI TRUST GROUP, INC. removed 3,173,418 shares (-73.1%) from their portfolio in Q4 2025, for an estimated $55,154,004
- BLACKROCK, INC. added 2,895,186 shares (+26.3%) to their portfolio in Q4 2025, for an estimated $50,318,332
- MILLENNIUM MANAGEMENT LLC removed 2,002,450 shares (-65.9%) from their portfolio in Q4 2025, for an estimated $34,802,581
- GOTHAM ASSET MANAGEMENT, LLC added 2,002,232 shares (+651.1%) to their portfolio in Q4 2025, for an estimated $34,798,792
- PACER ADVISORS, INC. removed 1,744,095 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $30,312,371
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
IRIDIUM COMMUNICATIONS Price Targets
Multiple analysts have issued price targets for $IRDM recently. We have seen 3 analysts offer price targets for $IRDM in the last 6 months, with a median target of $26.0.
Here are some recent targets:
- Hamed Khorsand from BWS Financial set a target price of $16.0 on 04/15/2026
- Mathieu Robilliard from Barclays set a target price of $36.0 on 04/09/2026
- Kristine Liwag from Morgan Stanley set a target price of $26.0 on 02/18/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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