IRDM Iridium Communications (IRDM) Insider Trading, Ownership & Congress Trades
Telecom · Communications services, nec · CIK 0001418819
Form 144 · 9
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
312
13F, latest reported quarter
What the filings say about IRDM
Insiders, 180 days
-$19.6M net sold
6 sellers · 0% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$19.4M
9 notices
Iridium Communications insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, Iridium Communications Inc. insiders sold a net $19.6M of stock across 89 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 4 earlier Form 4 trades (code P or S) here by this insider (4 sales), the last on Sep 3, 2026.
- The trade is 6.9% of the 84,130 shares held after it.
- 5 other insiders sold within 30 days.
- 312 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP, Sales & Marketing Last Timothy James sold about $267.4K of IRDM on Sep 15, 2026; 5 other insiders sold within 30 days and 312 funds added in the latest 13F quarter.Context
- 3 earlier Form 4 trades (code P or S) here by this insider (3 sales), the last on Aug 17, 2026.
- The trade is 2.2% of the 89,899 shares held after it.
- 5 other insiders sold within 30 days.
- 312 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP, Sales & Marketing Last Timothy James sold about $95.3K of IRDM on Sep 3, 2026; 5 other insiders sold within 30 days and 312 funds added in the latest 13F quarter.Context
- 7 earlier Form 4 trades (code P or S) here by this insider (7 sales), the last on Aug 17, 2026.
- The trade is 34.8% of the 43,259 shares held after it.
- 5 other insiders sold within 30 days.
- 312 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director FITZPATRICK THOMAS sold about $740.3K of IRDM on Aug 18, 2026; 5 other insiders sold within 30 days and 312 funds added in the latest 13F quarter.Context
- 6 earlier Form 4 trades (code P or S) here by this insider (6 sales), the last on Feb 18, 2025.
- The trade is 26.0% of the 125,415 shares held after it.
- 5 other insiders sold within 30 days.
- 312 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Legal Officer Morgan Kathleen A. sold about $1.6M of IRDM on Aug 17, 2026, the largest insider sale at the company since 2023; 5 other insiders sold within 30 days and 312 funds added in the latest 13F quarter.Context
- 6 earlier Form 4 trades (code P or S) here by this insider (6 sales), the last on Feb 18, 2025.
- The trade is 0.4% of the 124,871 shares held after it.
- 5 other insiders sold within 30 days.
- 312 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Legal Officer Morgan Kathleen A. sold about $27.7K of IRDM on Aug 17, 2026; 5 other insiders sold within 30 days and 312 funds added in the latest 13F quarter.89 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$19.6M over 180 days
-$19.6M over 90 days
below 87% of Telecom
Congress
no House purchase disclosed in the last 12 months
Funds
312 funds bought in last quarter
more than 91% of Telecom
Revenue
+4.9% year over year
more than 59% of Telecom
Margin
13.1% net margin
more than 86% of Telecom
Buybacks
$186.5M repurchased, FY to 2025-12-31
more than 73% of Telecom
Short interest
3.9% of the float short (float per yahoo 2026-10-26) · 2.5 days to cover · settled 2026-09-30
more than 65% of Telecom
What changed in the last 30 days
Oct 26Officer MATTHEW DESCH filed to sell $473.4K by Oct 26 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.
Watch IRDM
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+149.0%12M
Insider buyInsider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns IRDM: institutional holders (13F)
13F holdings, latest reported quarter
13,447,338 sh
$737.6M
6,847,072 sh
$374.3M
5,440,399 sh
$298.4M
4,856,440 sh
$266.4M
4,733,714 sh
$259.6M
Congress trades in IRDM
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
IRDM planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
MATTHEW DESCH
Filed 2026-10-26
$473.4K
TIMOTHY J LAST
Filed 2026-09-15
$267.4K
TIMOTHY J LAST
Filed 2026-09-03
$95.3K
FITZPATRICK THOMAS
Filed 2026-08-18
$745.9K
THOMAS FITZPATRICK
Filed 2026-08-17
$10.5M
IRDM mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Select Telecommunications Portfolio
$22.5M position · as of 2026-05-31
8.7%
Global X Space Tech ETF
$4.2M position · as of 2026-05-31
5.6%
VanEck Space ETF
$3.2M position · as of 2026-06-30
5.5%
Invesco S&P SmallCap Utilities & Communication Services ETF
$938.7K position · as of 2026-05-31
5.3%
Pacer US Small Cap Cash Cows Growth Leaders ETF
$1.3M position · as of 2026-07-31
4.4%
Pacer US Large Cap Cash Cows Growth Leaders ETF
$94.0M position · as of 2026-07-31
4.3%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Mr. Desch
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$9.0M
$2.8M
$2.6M
-56%
+7%
2024
$9.2M
$5.6M
$2.9M
+18%
+19%
2023
$9.0M
$4.9M
$2.8M
+67%
+7%
2022
$7.0M
$11.4M
$2.7M
+109%
-4%
2021
$5.4M
$7.7M
$2.2M
+68%
+28%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $19.6M sold by insiders over 180 days, 312 funds added last quarter, $19.4M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
IRDM financials
Revenue growth
+4.9%
XBRL, annual
Net margin
13.1%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$903.0M
four quarters, 2025-10-01 to 2026-09-30
Revenue, TTM IRDM
| FY Dec 2025 | $871.7M |
| FY Dec 2024 | $830.7M |
| FY Dec 2023 | $790.7M |
| FY Dec 2022 | $721.0M |
| FY Dec 2021 | $614.5M |
| Sep 2026 | $245.7M |
| Jun 2026 | $225.2M |
| Mar 2026 | $219.1M |
| Dec 2025 | $212.9M |
| Sep 2025 | $226.9M |
| Jun 2025 | $216.9M |
| Mar 2025 | $214.9M |
| Dec 2024 | $213.0M |
At each fiscal year end
Single quarter
Net margin, TTM
+18.1%
net income over revenue, 2025-10-01 to 2026-09-30
Net margin, TTM IRDM
| FY Dec 2025 | +13.1% |
| FY Dec 2024 | +13.6% |
| FY Dec 2023 | +1.9% |
| FY Dec 2022 | +1.2% |
| FY Dec 2021 | -1.5% |
| Sep 2026 | +43.5% |
| Jun 2026 | +4.3% |
| Mar 2026 | +9.9% |
| Dec 2025 | +11.7% |
| Sep 2025 | +16.4% |
| Jun 2025 | +10.1% |
| Mar 2025 | +14.2% |
| Dec 2024 | +17.1% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$277.6M
operating cash flow minus capex, 2025-10-01 to 2026-09-30
Free cash flow, TTM IRDM
| FY Dec 2025 | $299.8M |
| FY Dec 2024 | $306.1M |
| FY Dec 2023 | $241.4M |
| FY Dec 2022 | $273.5M |
| FY Dec 2021 | $260.7M |
| Sep 2026 | $68.5M |
| Jun 2026 | $92.3M |
| Mar 2026 | $41.7M |
| Dec 2025 | $75.1M |
| Sep 2025 | $79.2M |
| Jun 2025 | $108.9M |
| Mar 2025 | $36.5M |
| Dec 2024 | $80.5M |
At each fiscal year end
Single quarter
Debt to equity
3.05x
LongTermDebt as filed 2025-12-31 (9 months older than the period end) (includes the current portion); equity 2026-09-30
Debt to equity IRDM
| FY Dec 2025 | 3.80x |
| FY Dec 2024 | 3.05x |
| FY Dec 2023 | 1.65x |
| FY Dec 2022 | 1.30x |
| FY Dec 2021 | 1.24x |
| Sep 2026 | 3.05x |
| Jun 2026 | 3.72x |
| Mar 2026 | 3.75x |
| Dec 2025 | 3.80x |
| Sep 2025 | 3.90x |
| Jun 2025 | 3.71x |
| Mar 2025 | 3.39x |
| Dec 2024 | 3.05x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.22x
TTM operating cash flow over LongTermDebt as filed 2025-12-31 (9 months older than the period end) (includes the current portion)
Cash flow to debt IRDM
| FY Dec 2025 | 0.23x |
| FY Dec 2024 | 0.21x |
| FY Dec 2023 | 0.21x |
| FY Dec 2022 | 0.23x |
| FY Dec 2021 | 0.19x |
| Sep 2026 | 0.22x |
| Jun 2026 | 0.22x |
| Mar 2026 | 0.23x |
| Dec 2025 | 0.23x |
| Sep 2025 | 0.23x |
| Jun 2025 | 0.24x |
| Mar 2025 | 0.21x |
| Dec 2024 | 0.21x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+31.7%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on equity IRDM
| FY Dec 2025 | +22.0% |
| FY Dec 2024 | +15.4% |
| FY Dec 2023 | +1.5% |
| FY Dec 2022 | +0.7% |
| FY Dec 2021 | -0.7% |
| Sep 2026 | +31.7% |
| Jun 2026 | +19.7% |
| Mar 2026 | +21.4% |
| Dec 2025 | +22.0% |
| Sep 2025 | +22.6% |
| Jun 2025 | +18.0% |
| Mar 2025 | +18.0% |
| Dec 2024 | +15.4% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+5.8%
TTM net income over average of 2025-09-30 and 2026-09-30
Return on assets IRDM
| FY Dec 2025 | +4.4% |
| FY Dec 2024 | +4.2% |
| FY Dec 2023 | +0.5% |
| FY Dec 2022 | +0.3% |
| FY Dec 2021 | -0.3% |
| Sep 2026 | +5.8% |
| Jun 2026 | +3.6% |
| Mar 2026 | +4.1% |
| Dec 2025 | +4.4% |
| Sep 2025 | +4.7% |
| Jun 2025 | +4.3% |
| Mar 2025 | +4.6% |
| Dec 2024 | +4.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+5.8%
operating income after a 26.3% effective tax rate, over LongTermDebt as filed 2025-12-31 (9 months older than the period end) (includes the current portion) plus average of 2025-09-30 and 2026-09-30 minus cash
Return on invested capital IRDM
| FY Dec 2025 | +8.8% |
| FY Dec 2024 | +7.4% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | +3.1% |
| FY Dec 2021 | n/a |
| Sep 2026 | +5.8% |
| Jun 2026 | +7.6% |
| Mar 2026 | +8.1% |
| Dec 2025 | +8.8% |
| Sep 2025 | +9.6% |
| Jun 2025 | +8.7% |
| Mar 2025 | +8.3% |
| Dec 2024 | +7.4% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+6.6%
operating income (EBIT proxy) over average of 2025-09-30 and 2026-09-30 minus current liabilities
Return on capital employed IRDM
| FY Dec 2025 | +9.6% |
| FY Dec 2024 | +8.0% |
| FY Dec 2023 | +3.1% |
| FY Dec 2022 | +2.6% |
| FY Dec 2021 | +1.5% |
| Sep 2026 | +6.6% |
| Jun 2026 | +8.6% |
| Mar 2026 | +9.2% |
| Dec 2025 | +9.6% |
| Sep 2025 | +9.2% |
| Jun 2025 | +8.6% |
| Mar 2025 | +8.3% |
| Dec 2024 | +8.0% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
29.48x
close 2026-10-26 over four quarters of diluted EPS, 2025-10-01 to 2026-09-30
P/E, trailing IRDM
| FY Dec 2025 | 16.40x |
| FY Dec 2024 | 30.55x |
| FY Dec 2023 | 316.62x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | 31.72x |
| Jun 2026 | 62.33x |
| Mar 2026 | 28.02x |
| Dec 2025 | 16.40x |
| Sep 2025 | 15.45x |
| Jun 2025 | 30.47x |
| Mar 2025 | 25.77x |
| Dec 2024 | 30.55x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$6.4B
market value at close 2026-10-26 on 2026-10-13 shares, plus LongTermDebt as filed 2025-12-31 (9 months older than the period end) (includes the current portion), minus cash 2026-09-30
Enterprise value IRDM
| FY Dec 2025 | $3.5B |
| FY Dec 2024 | $5.0B |
| FY Dec 2023 | $6.5B |
| FY Dec 2022 | $7.8B |
| FY Dec 2021 | $6.7B |
| Sep 2026 | $6.7B |
| Jun 2026 | $7.4B |
| Mar 2026 | $4.6B |
| Dec 2025 | $3.5B |
| Sep 2025 | $3.5B |
| Jun 2025 | $4.9B |
| Mar 2025 | $4.7B |
| Dec 2024 | $5.0B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+5.9%
TTM free cash flow over market value at close 2026-10-26
FCF yield IRDM
| FY Dec 2025 | +16.5% |
| FY Dec 2024 | +9.3% |
| FY Dec 2023 | +4.7% |
| FY Dec 2022 | +4.2% |
| FY Dec 2021 | +4.8% |
| Sep 2026 | +5.5% |
| Jun 2026 | +5.0% |
| Mar 2026 | +10.5% |
| Dec 2025 | +16.5% |
| Sep 2025 | +16.5% |
| Jun 2025 | +10.0% |
| Mar 2025 | +9.6% |
| Dec 2024 | +9.3% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.88x
P/E over trailing EPS growth of 34%: four quarters to 2026-09-30 against the four to 2025-09-30
PEG, trailing IRDM
| FY Dec 2025 | 1.42x |
| FY Dec 2024 | 0.05x |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Sep 2026 | 0.94x |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | 1.42x |
| Sep 2025 | 0.76x |
| Jun 2025 | 0.81x |
| Mar 2025 | 0.06x |
| Dec 2024 | 0.05x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $871.7M | $830.7M | $790.7M | $721.0M |
| Operating income | $236.0M | $200.4M | $81.6M | $76.7M |
| Net income | $114.4M | $112.8M | $15.4M | $8.7M |
| EPS (diluted) | 1.06 | 0.94 | 0.12 | 0.07 |
| Operating cash flow | $400.1M | $376.0M | $314.9M | $344.7M |
| Cash | $96.5M | $93.5M | $71.9M | $168.8M |
| Long-term debt | $1.8B | $1.8B | $1.5B | $1.5B |
| Buybacks | $186.5M | $407.7M | $247.0M | $257.1M |
| Dividends paid | $62.9M | $64.7M | $64.8M | $0 |
SEC XBRL, fiscal years, as known on 2026-10-28
IRDM Stock Sonar score 6/7 axes
Find similar shapesCompareIRDM ranks highest on institutional and government (74th percentile) and profitability (64th), and lowest on insider conviction (6th), among Telecom peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
IRDM filings, in plain words
Are Iridium Communications insiders buying or selling IRDM?
In the 180 days to 2026-10-28, Iridium Communications insiders were net sellers, a net $19.6M across purchases and sales reported on Form 4, by 6 sellers.
Are there planned insider sales of IRDM?
Yes. 9 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-28, covering $19.4M of stock; the latest, by MATTHEW DESCH, was filed 2026-10-26.
Read the full summary
In the 180 days to 2026-10-28, Iridium Communications insiders were net sellers of IRDM, a net $19.6M across purchases and sales reported on Form 4 by 6 sellers. None of the 11 insider sales was flagged as made under a Rule 10b5-1 plan. Insiders filed 9 Form 144 notices of intent to sell in the 90 days to 2026-10-28, covering $19.4M of stock. Each figure is counted from SEC and House filings as of 2026-10-28, dated the day the filing was made public.
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