A director acquires 34.2 dividend-linked stock rights at Iridium (IRDM); each settles into one share.
Jacqueline E. Yeaney, a director at Iridium Communications Inc. (IRDM), acquired 34.2 dividend equivalent rights on September 30, 2026. These rights are tied to restricted stock units and will each settle into one common share, adhering to the same vesting conditions as the related units. Following this transaction, her direct holdings in the company totaled 25,374 shares.
How (IRDM) Movements Inform Risk Allocation Models
This article analyzes Iridium Communications Inc (NASDAQ: IRDM) using AI models to provide trading strategies. It highlights a weak near-term sentiment but strong mid and long-term outlooks, presenting three distinct trading strategies (Position, Momentum Breakout, and Risk Hedging) with specific entry, target, and stop-loss levels. The analysis also details multi-timeframe signal strengths and support/resistance levels.
What Iridium Communications Shares Oscilloquartz Deal Means For Shareholders
Iridium Communications' collaboration with Oscilloquartz has expanded, integrating Iridium's PNT services across Oscilloquartz's synchronization portfolio. This move aims to simplify procurement and deployment for critical infrastructure, potentially strengthening Iridium's role in assured timing and positioning. While near-term revenue impact might be modest, the integration is expected to support Iridium's long-term PNT ambitions and help reduce adoption risks, despite existing challenges like interest costs and slower IoT growth.
Net margin % of Iridium Communications Inc. – HAN:6IC
This article provides financial information for Iridium Communications Inc. (HAN:6IC) listed on the Hannover Stock Exchange, specifically focusing on its net margin percentage. The content includes a brief overview of the company's financial data, but no specific values or changes in net margin are presented.
Bank of America Corp DE Buys 245,134 Shares of Iridium Communications Inc $IRDM
Bank of America Corp DE has acquired a new stake of 245,134 shares in Iridium Communications Inc, valued at approximately $13.4 million. This purchase is part of broader institutional investor activity, with 84.36% of Iridium's stock now owned by institutional investors and hedge funds. Despite missing analyst EPS estimates in its last earnings report, Iridium Communications announced a quarterly dividend of $0.15 per share, though analyst sentiment remains mixed with an average "Hold" rating.
What's Going On With Rocket Lab Stock Friday? - Rocket Lab (NASDAQ:RKLB)
Rocket Lab stock traded higher on Friday after Iridium Communications shareholders approved Rocket Lab's acquisition proposal, targeting a mid-2027 closing. Rocket Lab has fully financed the deal through an equity offering and plans to use the proceeds for cash payments related to the acquisition. Analysts hold a "Buy" consensus rating on RKLB, with an average price forecast of $110.14, despite some mixed technical indicators.
Iridium $8B takeover gets stockholder approval
Iridium Communications stockholders have approved Rocket Lab Corporation's $8 billion acquisition, moving the deal closer to completion. The merger aims to combine Rocket Lab's launch and space systems with Iridium's satellite communications capabilities, creating new opportunities in space applications. Both companies' CEOs expressed enthusiasm for the acquisition, highlighting their complementary strengths and shared commitment to innovation.
Iridium Communications Inc. (IRDM) Holders Approve Sale to Rocket Lab
Iridium Communications Inc. stockholders have approved the merger with Rocket Lab, with an overwhelming 99.6% of votes cast in favor. Shareholders are set to receive $27.00 in cash plus Rocket Lab (RKLB) shares per IRDM share, valuing the deal at a notional $54.00, subject to a collar mechanism. The acquisition is anticipated to close by mid-2027, pending further regulatory approvals.
NewEdge Advisors LLC Trims Holdings in Iridium Communications Inc $IRDM
NewEdge Advisors LLC significantly reduced its stake in Iridium Communications Inc. by 72.1% in the second quarter, selling 32,609 shares and retaining 12,589 shares valued at $690,000. Despite missing analyst EPS expectations, Iridium's revenue exceeded estimates, growing 3.8% year-over-year. The company also declared a quarterly dividend of $0.15, and analysts maintain a consensus "Hold" rating with a price target below the stock's current trading price.
Peter Beck’s Iridium Deal Faces Its Next Big Test
Rocket Lab's CEO, Peter Beck, is rebranding the company as a "tier-1 space power" through the acquisition of Iridium Communications Inc. The deal, valued at $8.1 billion, brings rockets, spacecraft production, and communications services under one roof, with Iridium shareholders set to vote on the merger on September 24. While Cantor Fitzgerald maintains an "Overweight" rating on Rocket Lab, investors are urged to consider the significant scale of the transaction and potential integration risks, despite the financial structuring and increased hedge fund ownership.
Iridium Communications stock faces a key merger vote
Iridium Communications (IRDM) shareholders are set to vote on a proposed acquisition on September 24, 2026, which includes a cash payment and shares of the acquiring company. The company reported Q2 2026 revenue of USD 225.24 million, exceeding consensus estimates, though EPS missed expectations. The stock is currently trading below its 52-week high, and the proposed transaction is central to its near-term valuation.
AMC, Iridium Communications lead mid-cap communication services stocks with top momentum scores
AMC Entertainment Holdings and Iridium Communications are leading mid-cap communication services stocks with A+ Momentum Grades, according to Seeking Alpha's Quant Momentum Grade. These companies, along with others like Magnite and NIQ Global Intelligence, have shown strong price performance trends relative to their sector peers over the past six months. AMC has gained nearly 89% this year, while Iridium has advanced around 180%.
Rocket Lab CEO Says Iridium's L-Band Spectrum Is the Real Prize in $8 Billion Deal
Rocket Lab CEO Peter Beck argues that Iridium's L-band spectrum is the key asset in their proposed $8 billion acquisition, emphasizing its scarcity and value for defense and communication services. He highlights the spectrum's ability to penetrate rain and buildings and its potential as a jam-resistant alternative to GPS. The deal, which shareholders will vote on, is part of Rocket Lab's strategy to become a vertically integrated space company, expanding into the services layer of the space economy.
Corient Private Wealth LP Boosts Stock Position in Iridium Communications Inc $IRDM
Corient Private Wealth LP significantly increased its stake in Iridium Communications Inc ($IRDM) by 324.3% in the second quarter, bringing its total holdings to 42,460 shares valued at $2.33 million. This comes as Iridium reported Q2 revenue of $225.24 million, exceeding analyst expectations, although EPS missed consensus estimates. The company also declared a quarterly dividend of $0.15 per share, and institutional investors collectively own 84.36% of the company's stock.
How Iridium (NASDAQ: IRDM) measures a $54 Rocket Lab deal against Wall Street models
Iridium Communications Inc. has provided supplemental disclosures regarding its pending $54 per share merger with Rocket Lab Corporation, addressing valuation details and stockholder lawsuits. The company detailed Evercore's financial analyses, including trading multiples and discounted cash flow, and compared them to the implied merger consideration. Iridium expects to complete the mergers in mid-2027, subject to stockholder approval at a special meeting on September 24, 2026.
Rocket Lab Jumps 6% as FCC Clears First Hurdle on Iridium Deal; Iridium Communications Barely Budges
Rocket Lab's stock surged 6% after the FCC accepted license-transfer applications for its proposed acquisition of Iridium Communications, opening a public-comment period. Despite this, Iridium Communications' stock saw minimal movement, as its price is anchored by fixed deal terms rather than the regulatory milestone. The acquisition still faces a shareholder vote and regulatory review, with SpaceX having asked the FCC to examine Iridium's conduct toward rival satellite operators.
Rocket Lab Jumps 6% as FCC Clears First Hurdle on Iridium Deal; Iridium Communications Barely Budges
Rocket Lab's shares surged 6% after the FCC accepted its license-transfer applications for the Iridium Communications acquisition, signaling a procedural clearance rather than full approval. Despite this positive step, Iridium Communications' stock saw minimal movement as the fixed deal terms, valuing Iridium at $6 billion, anchored its price. The article highlights that while this removes an early risk, Rocket Lab still faces challenges including a public comment period where SpaceX has raised concerns, and a shareholder vote.
Rocket Lab fully funds Iridium acquisition after $1.94 billion share sale and drops $3.6 billion bridge facility
Rocket Lab has fully funded its acquisition of Iridium Communications by completing an at-the-market equity program that raised approximately $1.944 billion. This successful share sale allowed Rocket Lab to terminate a $3.6 billion senior secured debt bridge commitment, as the revised financing structure leaves the $1.775 billion Iridium term loan outstanding. The company expects the acquisition to close in mid-2027.
Rocket Lab Stock Jumps After $1.94 Billion Financing for Iridium Deal
Rocket Lab USA (RKLB) saw its stock jump after successfully completing an equity sale that generated approximately $1.944 billion. These proceeds are earmarked to fund the cash portion of its planned $8 billion acquisition of Iridium Communications, a deal expected to close in mid-2027. The company also confirmed an amendment to Iridium's existing term loan and terminated a bridge financing commitment, further securing the transaction.
Furuno Unveils New SOLION-100 Terminal for Iridium GMDSS
Furuno Electric Co., Ltd. has announced its new SOLION-100 terminal, built on Iridium Certus 100 technology, for Iridium GMDSS. This integrated maritime safety terminal combines GMDSS, Ship Security Alert System (SSAS), and Long-Range Identification and Tracking (LRIT) capabilities into a single platform. The SOLION-100 is expected to be commercially available for retrofit applications in late 2026 and for newbuild projects in 2027, offering shipowners and shipyards more choice in maritime safety equipment.
A Look at Iridium Communications Inc (IRDM) After 3.4% Decline -- GF Value $36.81 vs Price $47.30
Iridium Communications Inc (IRDM) experienced a 3.4% stock decline, bringing its price to $47.30. GuruFocus assesses IRDM as "Modestly Overvalued" with a GF Value of $36.81, indicating a 28.5% overvaluation. Despite an above-average GF Score of 75/100, strong growth potential, and profitability, concerns exist regarding its financial strength, momentum, and significant insider selling.
Iridium Communications (IRDM) Adopts Exclusive Forum Rule In Bylaw Update
Iridium Communications (IRDM) has amended its bylaws to include an exclusive forum selection provision, dictating where certain legal disputes with shareholders must be filed. This move aims to centralize litigation, potentially affecting how future shareholder legal claims are pursued and reducing uncertainty from multi-jurisdiction lawsuits. The change aligns with a governance strategy focused on stability, especially important given the company's capital-intensive satellite network and an upcoming acquisition.
Iridium (NASDAQ: IRDM) COO gifts 17,403 shares, holds 264,614
Suzanne E. McBride, Chief Operations Officer and director at Iridium Communications Inc. (IRDM), made a bona fide gift of 17,403 shares of common stock on August 20, 2026, with no per-share consideration. Following this transaction, McBride directly holds 264,614 common shares. The gift was not made under a Rule 10b5-1 trading plan, as indicated by the filing.
Mitsubishi UFJ Asset Management Co. Ltd. Makes New Investment in Iridium Communications Inc $IRDM
Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new stake of 327,899 shares, valued at approximately $18.0 million, in Iridium Communications Inc ($IRDM) during the second quarter. This investment gives the firm a 0.31% stake in the technology company. Despite mixed investor sentiment, with analysts holding a "Hold" rating and recent insider selling, Iridium reported higher-than-expected quarterly revenue of $225.2 million, although its EPS of $0.09 missed the consensus.
Iridium Communications (IRDM) insider sale leaves 282,017 shares held
Iridium Communications' Chief Operations Officer, Suzanne E. McBride, sold 85,454 shares of common stock on August 17, 2026, at a weighted average price of $50.28 per share. This transaction, classified as a sale in an open market, leaves her with a direct holding of 282,017 shares. The sale price ranged from $50.00 to $50.90 per share.
Rocket Lab CEO Says $8 Billion Iridium Deal Won’t Take on Elon Musk’s Starlink — Don’t Intend to 'Directly Compete,’ But Plans Something That 'Hasn’t Been Seen Before’
Rocket Lab CEO Peter Beck stated that the company's planned $8 billion acquisition of Iridium Communications is not intended to directly compete with satellite-based internet services like Starlink. Instead, the deal aims to expand Rocket Lab's satellite communications business, utilize Iridium's L-band spectrum for resilient services, and potentially offer unique, new services in the future. Beck also highlighted defense opportunities and the advantage of low-Earth orbit constellations for rapid satellite replacement.
Thomas Fitzpatrick Sells 15,046 Shares of Iridium Communications (NASDAQ:IRDM) Stock
Director Thomas Fitzpatrick sold 15,046 shares of Iridium Communications (NASDAQ:IRDM) stock for approximately $740,263, reducing his direct ownership by 25.81%, following a larger sale of 209,233 shares the previous day. The sales occurred as Iridium shares traded at $48.71, and the company reported quarterly earnings below analyst expectations, though revenue increased. Analysts maintain a consensus "Hold" rating for IRDM with an average price target of $38.67, while the company also declared a quarterly dividend of $0.15 per share.
Iridium Communications COO McBride sells $4.3m in shares
Suzanne E. McBride, COO of Iridium Communications, sold 85,454 shares worth approximately $4.3 million on August 17, 2026, at an average price of $50.28 per share. This insider sale follows a period of significant stock appreciation for Iridium, with shares up 183% year-to-date and a 109% return over the past year. The company recently reported Q2 financial results that missed earnings expectations but surpassed revenue estimates.
Iridium Communications CAO Timothy Kapalka sells $680,521 in shares
Timothy Kapalka, Chief Administrative Officer of Iridium Satellite LLC and an officer of Iridium Communications Inc. (NASDAQ:IRDM), sold 13,473 shares of common stock for a total of $680,521 on August 17, 2026. The shares were sold at prices between $50.02 and $50.89. This sale follows a period of exceptional returns for Iridium shares, which have surged 183% year-to-date and 109% over the past year, though the stock currently trades slightly below the sale price at $48.71.
Iridium (NASDAQ: IRDM) legal chief sells 33,192 shares not tagged as 10b5-1
Iridium Communications Inc. (IRDM) Chief Legal Officer Kathleen A. Morgan sold 33,192 shares of common stock on August 17, 2026, in open-market transactions. The sales were executed in two blocks at weighted average prices of $50.34 and $50.85 per share, totaling approximately $1.67 million. This transaction was not designated as made under a Rule 10b5-1 trading plan.
Iridium Communications CLO Kathleen Morgan sells $1.67m in stock
Kathleen A. Morgan, Chief Legal Officer at Iridium Communications Inc. (NASDAQ:IRDM), sold company stock worth approximately $1.67 million on August 17, 2026. The sale involved 32,648 shares at an average price of $50.34 and 544 shares at an average price of $50.85. Following these transactions, Morgan beneficially owns 124,871 shares, while the stock currently trades at $48.71 after a significant year-to-date surge.
Timothy James Last Sells 19,521 Shares of Iridium Communications (NASDAQ:IRDM) Stock
Timothy James Last, EVP at Iridium Communications, sold 19,521 shares of IRDM stock for over $982,000, reducing his ownership by 17.29%. This sale occurred as the company reported Q2 EPS of $0.09, missing consensus estimates, though revenue exceeded expectations. Iridium also declared a $0.15 quarterly dividend, and analysts maintain a "Hold" rating with an average price target of $38.67.
Iridium Communications COO McBride sells $4.3m in shares
Suzanne E. McBride, COO and Director at Iridium Communications Inc. (NASDAQ:IRDM), sold 85,454 shares of company stock for approximately $4.3 million on August 17, 2026. This insider sale follows exceptional stock performance, with shares up 183% year-to-date. The company recently reported mixed Q2 financial results, missing earnings but exceeding revenue expectations.
Iridium Communications (IRDM) CAO sells 13,473 shares at $50.51
Timothy Kapalka, CAO of Iridium Satellite LLC, reported selling 13,473 shares of Iridium Communications Inc. (IRDM) common stock on August 17, 2026, at a weighted average price of $50.51 per share. The individual trade prices ranged from $50.02 to $50.89. After this transaction, Kapalka directly holds 35,731 shares of IRDM.
Iridium Communications (NASDAQ: IRDM) EVP sells 19,521 shares near $50
Timothy James Last, EVP of Sales & Marketing at Iridium Communications (NASDAQ: IRDM), sold a total of 19,521 shares of common stock on August 17, 2026. The shares were sold in two blocks at weighted average prices of $50.33 and $50.88, totaling approximately $983,000. Following these transactions, Last beneficially owns 93,413 shares of Iridium Communications.
Iridium Communications (IRDM) director sells 8,000 shares
Iridium Communications Inc. director Eric T. Olson sold 8,000 shares of company stock on August 17, 2026, at a weighted average price of $50.61 per share. Following this transaction, Olson directly holds 149,680.1 shares of IRDM common stock. The sale was an open-market transaction and not executed under a Rule 10b5-1 trading plan.
Iridium Communications CLO Kathleen Morgan sells $1.67m in stock
Kathleen A. Morgan, Chief Legal Officer at Iridium Communications Inc. (NASDAQ:IRDM), sold company stock worth approximately $1.67 million on August 17, 2026. The shares were sold in two separate transactions at prices ranging from $50.34 to $50.85. Following these sales, Morgan beneficially owns 124,871 shares of Iridium Communications.
Iridium (NASDAQ: IRDM) director to sell 15,046 shares in 2026
Iridium Communications Inc. director Thomas Fitzpatrick plans to sell 15,046 shares of common stock, valued at $745,905.45, under Rule 144. These shares were acquired as employee compensation between 2010 and 2014 and are held at The Charles Schwab Corporation. The proposed sale date is August 18, 2026.
Iridium makes PNT ASIC commercially available
Iridium Communications Inc. has commercially launched its PNT ASIC, an 8x8mm chip providing resilient positioning, navigation, and timing capabilities using the Iridium satellite network. This technology is designed for environments where traditional GNSS signals are unreliable due to jamming or spoofing, offering cryptographically secure timing and location data. Over 150 organizations have shown interest, with partners like Solace Communications and Skyband Systems already integrating the ASIC into new PNT products for various sectors including maritime, aviation, and critical infrastructure.
Iridium Communications (NASDAQ: IRDM) insider plans 8,000-share sale
An insider at Iridium Communications Inc. (IRDM) plans to sell 8,000 shares of common stock, valued at approximately $404,881.25, through Morgan Stanley Smith Barney LLC Executive Financial Services. The proposed sale is anticipated to occur on August 17, 2026. The Form 144 filing also details prior acquisitions of 4,250 restricted shares and 3,750 exercised shares by the reporting person in early 2025.
Iridium Satellite Connectivity for BVLOS Drone Operations
Iridium highlights how its global L-band, crosslinked LEO satellite network offers reliable Command and Control (C2), tracking, and data communications for Beyond Visual Line of Sight (BVLOS) drone operations. The article discusses how Iridium's technology can help drone operators meet connectivity requirements under the FAA’s proposed Part 108 framework, which aims to establish a nationwide structure for more routine BVLOS operations. The low Size, Weight, and Power (SWaP) equipment and resistance to weather interference make Iridium a suitable solution for long-range UAV missions.
Rocket Lab Advances Iridium Acquisition With Regulatory Filings
Rocket Lab Corporation has reached significant milestones in its proposed acquisition of Iridium Communications Inc., including the expiration of the HSR waiting period and the filing of its Registration Statement on Form S-4 with the SEC. Additionally, Rocket Lab and Iridium have filed applications with the FCC to transfer control of licenses. The company is also pursuing a capital strategy to amend Iridium's existing term loan credit facility and announced a new at-the-market program to finance the acquisition.
Rocket Lab (NASDAQ: RKLB) Clears U.S. Antitrust Hurdle And Files Key Regulatory Documents To Advance Iridium Takeover
Rocket Lab has cleared a significant regulatory obstacle in its acquisition of Iridium Communications, with the U.S. Hart-Scott-Rodino antitrust waiting period expiring. The company also filed a Form S-4 Registration Statement with the SEC and joint FCC applications to transfer Iridium's licenses, marking crucial steps toward closing the deal. Financially, Rocket Lab is working to replace a $3.6 billion bridge loan with permanent debt and equity, and is seeking amendments to Iridium's existing credit facility.
Iridium Communications (IRDM) sees AQR Capital disclose 6.6% ownership stake
AQR Capital Management, LLC and AQR Capital Management Holdings, LLC have disclosed a 6.6% ownership stake in Iridium Communications Inc. The filing indicates beneficial ownership of 6,979,683 shares of Iridium's common stock, with shared voting power over 6,809,921 shares and shared dispositive power over all beneficially owned shares. This disclosure, made via a Schedule 13G filing, highlights AQR's significant passive investment in Iridium.
Rocket Lab Corporation Announces Progress on Iridium
Rocket Lab Corporation has announced significant progress in its proposed acquisition of Iridium Communications Inc., including the lapse of the HSR waiting period, filing of a Form S-4 registration statement with the SEC, and submission of FCC applications. The company is also implementing a capital strategy to finance the acquisition, aiming to amend Iridium's existing credit facility and utilize a new at-the-market equity program to reduce bridge loan commitments. These steps are critical for the completion of the acquisition, which Rocket Lab CEO Sir Peter Beck expects to accelerate the company's future in space applications.
Iridium Communications (IRDM) Could Be 34% Below Fair Value After Dividend News
Iridium Communications (IRDM) recently declared a US$0.15 per share dividend and amended bylaws. While one valuation narrative suggests the stock is 17.6% overvalued at its current price of US$49.38, another perspective, using a discounted cash flow (DCF) model, indicates it could be 33.8% below its estimated fair value of US$74.56. The company shows strong recent share price momentum, though long-term gains are more modest.
Silver Heights Capital (IRDM) reports 3.1% Iridium Communications ownership in 13G/A
Silver Heights Capital Management Inc. has reported a beneficial ownership of 3.1% in Iridium Communications Inc., totaling 3,274,947 shares, as disclosed in an amended Schedule 13G/A filing. Of these shares, Silver Heights holds sole voting and dispositive power over 2,484,922 shares and shared power over 790,025 shares. This filing indicates that Silver Heights Capital Management Inc. now holds 5 percent or less of Iridium Communications Inc. common stock.
Iridium Communications Inc (NASDAQ:IRDM) Declares $0.15 Quarterly Dividend
Iridium Communications Inc (NASDAQ:IRDM) has declared a quarterly dividend of $0.15 per share, payable on September 30th to shareholders of record on September 15th. This annual dividend of $0.60 per share represents a 1.2% yield and is well-covered by the company's earnings, with a payout ratio of 45.1%. Despite beating revenue expectations with $225.24 million, the company missed its EPS consensus, reporting $0.09 compared to an anticipated $0.28.
Zacks Research Brokers Increase Earnings Estimates for IRDM
Zacks Research has increased its FY2026 earnings per share estimate for Iridium Communications (NASDAQ: IRDM) to $0.92, though this remains below the broader consensus of $0.95. The company recently missed earnings expectations for its latest quarter, reporting $0.09 EPS against an expected $0.28, but revenue surpassed forecasts at $225.24 million, up 3.8% year-over-year. Iridium currently holds a consensus "Hold" rating with an average price target of $38.67, and shares opened at $49.38, with a declared quarterly dividend of $0.15 per share.
Tema ETFs LLC Makes New Investment in Iridium Communications Inc $IRDM
Tema ETFs LLC has made a new investment in Iridium Communications Inc., purchasing 309,229 shares valued at approximately $17.0 million, giving it a 0.29% stake. Despite missing consensus EPS estimates for the last quarter, Iridium's revenue increased by 3.8% year-over-year, and the company announced a quarterly dividend of $0.15 per share. Analyst sentiment remains mixed, with an average "Hold" rating and a target price below its opening price.
