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CEO of Iridium Communications Inc (30-Year Financial, Insider Trades) Matthew J Desch (insider trades) sold 92,069 shares of IRDM on 10/20/2020 at an average price of $30 a share. The total sale was $2.8 million.

• Warning! GuruFocus has detected 11 Warning Signs with IRDM. Click here to check it out.

• IRDM 15-Year Financial Data

• The intrinsic value of IRDM

• Peter Lynch Chart of IRDM

Iridium Communications Inc is a United States based company which is engaged in providing mobile voice and data communications services through a constellation of low earth orbiting satellites. Iridium Communications Inc has a market cap of $3.72 billion; its shares were traded at around $28.09 with and P/S ratio of 6.54. Iridium Communications Inc had annual average EBITDA growth of 12.90% over the past ten years. GuruFocus has detected 6 severe warning signs with Iridium Communications Inc. .

CEO Recent Trades:

• CEO Matthew J Desch sold 92,069 shares of IRDM stock on 10/20/2020 at the average price of $30. The price of the stock has decreased by 6.37% since.

CFO Recent Trades:

• CFO Thomas Fitzpatrick sold 19,694 shares of IRDM stock on 10/20/2020 at the average price of $30. The price of the stock has decreased by 6.37% since.

Directors and Officers Recent Trades:

• EVP-Government Programs Scott Scheimreif sold 20,507 shares of IRDM stock on 10/20/2020 at the average price of $30. The price of the stock has decreased by 6.37% since.

For the complete insider trading history of IRDM, click here

.This article first appeared on GuruFocus.