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Insider Purchase: CHIEF EXECUTIVE OFFICER of $IRDM Buys 20,000 Shares

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MATTHEW J DESCH, the CHIEF EXECUTIVE OFFICER of $IRDM, bought 20,000 shares of the company on 10-30-2025 for an estimated $346,599. This trade was reported by Quiver Quantitative using data from a recent SEC filing. This increased their holdings of this class of stock by approximately 1.8%. Following this trade, they now own 1,127,019 shares of this class of $IRDM stock.

$IRDM Insider Trading Activity

IRDM Insider Trades

$IRDM insiders have traded $IRDM stock on the open market 5 times in the past 6 months. Of those trades, 2 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $IRDM stock by insiders over the last 6 months:

  • 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
  • THOMAS FITZPATRICK has made 0 purchases and 2 sales selling 10,128 shares for an estimated $182,304.
  • TIMOTHY KAPALKA (CAO IRIDIUM SATELLITE LLC) sold 1,922 shares for an estimated $50,125

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$IRDM Hedge Fund Activity

We have seen 142 institutional investors add shares of $IRDM stock to their portfolio, and 228 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • BLACKROCK, INC. removed 905,767 shares (-7.9%) from their portfolio in Q2 2025, for an estimated $27,326,990
  • BAMCO INC /NY/ removed 893,377 shares (-9.6%) from their portfolio in Q2 2025, for an estimated $26,953,184
  • CITADEL ADVISORS LLC added 797,486 shares (+192.0%) to their portfolio in Q2 2025, for an estimated $24,060,152
  • PACER ADVISORS, INC. added 744,836 shares (+74.5%) to their portfolio in Q3 2025, for an estimated $13,004,836
  • SYNERGY ASSET MANAGEMENT, LLC added 662,183 shares (+100.0%) to their portfolio in Q3 2025, for an estimated $11,561,715
  • MILLENNIUM MANAGEMENT LLC removed 617,015 shares (-42.6%) from their portfolio in Q2 2025, for an estimated $18,615,342
  • VOYA INVESTMENT MANAGEMENT LLC removed 549,403 shares (-75.8%) from their portfolio in Q3 2025, for an estimated $9,592,576

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$IRDM Analyst Ratings

Wall Street analysts have issued reports on $IRDM in the last several months. We have seen 3 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

  • BWS Financial issued a "Sell" rating on 10/24/2025
  • Barclays issued a "Overweight" rating on 10/01/2025
  • Raymond James issued a "Outperform" rating on 09/11/2025
  • Morgan Stanley issued a "Overweight" rating on 08/01/2025

To track analyst ratings and price targets for $IRDM, check out Quiver Quantitative's $IRDM forecast page.

$IRDM Price Targets

Multiple analysts have issued price targets for $IRDM recently. We have seen 4 analysts offer price targets for $IRDM in the last 6 months, with a median target of $25.5.

Here are some recent targets:

  • Hamed Khorsand from BWS Financial set a target price of $16.0 on 10/24/2025
  • Mathieu Robilliard from Barclays set a target price of $25.0 on 10/01/2025
  • Ric Prentiss from Raymond James set a target price of $26.0 on 09/11/2025
  • Landon Park from Morgan Stanley set a target price of $37.0 on 08/01/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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