A new trading day began on Monday, with Iridium Communications Inc (NASDAQ: IRDM) stock price down -6.03% from the previous day of trading, before settling in for the closing price of $18.73. IRDM’s price has ranged from $15.65 to $34.45 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 11.76%. With a float of $90.98 million, this company’s outstanding shares have now reached $104.74 million.
Iridium Communications Inc (IRDM) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of Iridium Communications Inc is 13.14%, while institutional ownership is 92.75%. The most recent insider transaction that took place on Oct 31 ’25, was worth 375,102. In this transaction Director of this company sold 20,839 shares at a rate of $18.00, taking the stock ownership to the 231,034 shares. Before that another transaction happened on Oct 30 ’25, when Company’s CHIEF EXECUTIVE OFFICER bought 20,000 for $17.33, making the entire transaction worth $346,600. This insider now owns 1,127,019 shares in total.
Iridium Communications Inc (IRDM) Latest Financial update
In its latest quarterly report, released on 12/31/2024, the company reported earnings of 0.32 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.76% per share during the next fiscal year.
Iridium Communications Inc (NASDAQ: IRDM) Trading Performance Indicators
Here are Iridium Communications Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11. Likewise, its price to free cash flow for the trailing twelve months is 6.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.14, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.11 in one year’s time.
Technical Analysis of Iridium Communications Inc (IRDM)
The latest stats from [Iridium Communications Inc, IRDM] show that its last 5-days average volume of 2.7 million was superior to 1.87 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.31%.
During the past 100 days, Iridium Communications Inc’s (IRDM) raw stochastic average was set at 18.84%, which indicates a significant decrease from 45.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.63 in the past 14 days, which was lower than the 0.75 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.73, while its 200-day Moving Average is $23.69. Now, the first resistance to watch is $18.44. This is followed by the second major resistance level at $19.28. The third major resistance level sits at $19.78. If the price goes on to break the first support level at $17.10, it is likely to go to the next support level at $16.60. The third support level lies at $15.76 if the price breaches the second support level.
Iridium Communications Inc (NASDAQ: IRDM) Key Stats
With a market capitalization of 1.84 billion, the company has a total of 104,746K Shares Outstanding. Currently, annual sales are 830,680 K while annual income is 112,780 K. The company’s previous quarter sales were 226,940 K while its latest quarter income was 37,130 K.
