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Director’s Bold Moves: Major Buy and Sell Actions in Iridium Communications Stock!

Director’s Bold Moves: Major Buy and Sell Actions in Iridium Communications Stock!

New insider activity at Iridium Communications ( (IRDM) ) has taken place on October 29, 2025.

Meet Your ETF AI Analyst

In recent transactions involving Iridium Communications stock, Director Robert Niehaus made a significant purchase of 30,000 shares, valued at $524,700. On the other hand, Director Thomas Fitzpatrick sold 10,128 shares, amounting to $182,304.

Recent Updates on IRDM stock

Iridium Communications reported strong Q3 2025 earnings with a 7% revenue increase, driven by growth in service revenue and operational EBITDA. The company highlighted strategic growth in government and regulated sectors, leading to a 5% annual dividend increase and a strong cash position. Despite challenges such as declining broadband revenue due to a non-renewed contract and increased competition from Starlink, Iridium’s new partnerships and focus on IoT and PNT services are expected to drive future growth. The company updated its guidance, projecting a 3% service revenue growth for 2025 and an OEBITDA of $495-$500 million. Iridium paused its share repurchase program to focus on growth initiatives and deleveraging, reflecting a cautious yet optimistic outlook.

Spark’s Take on IRDM Stock

According to Spark, TipRanks’ AI Analyst, IRDM is a Neutral.

Iridium Communications’ overall stock score is driven by solid financial performance and reasonable valuation, offset by technical indicators suggesting a bearish trend. The mixed sentiment from the earnings call adds some uncertainty, but the company’s strategic focus on growth initiatives and maintaining a healthy dividend yield are positive factors.

To see Spark’s full report on IRDM stock, click here.

More about Iridium Communications

YTD Price Performance: -39.21%

Average Trading Volume: 2,731,634

Technical Sentiment Signal: Sell

Current Market Cap: $1.81B

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