Executive CEO Desch's $346.6K Investment in IRDM: A Look at Major Purchases by Leadership
Insider Buying Insight: Company executives, like Matthew J. Desch of Iridium Communications Inc, often provide valuable insights through their stock purchases, indicating confidence in the company's future performance. Desch recently bought $346.6K worth of shares at an average cost of $17.33 each.
Current Stock Performance: Iridium Communications Inc shares were trading at $16.79, slightly down from the previous day, with a 52-week range between $16.555 and $34.45, suggesting potential undervaluation compared to the CEO's purchase price.
Dividend Information: The company pays an annualized dividend of $0.6 per share, with a recent ex-dividend date of September 15, 2025, offering an approximate yield of 3.6%, which may be a factor for investors considering the stock.
Further Insights Available: The article hints at additional insider buying activities and other relevant investment insights, encouraging readers to explore more about top insider buys.
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- Performance on Target: Iridium Communications achieved a 3% growth in service revenue for 2025, with operational EBITDA reaching $495.3 million, reflecting the company's financial stability and potential for sustained growth.
- Strong Free Cash Flow: The company reported nearly $300 million in free cash flow for 2025, with projections of $318 million for 2026, indicating a solid capacity for capital returns and investment in new services.
- Strategic Investment Focus: CEO highlighted ongoing investments in four key growth areas, including narrowband IoT and national security, expecting to create over $200 million in revenue opportunities by 2030, showcasing confidence in future growth.
- Product Launch Plans: Iridium plans to introduce several new products, including maritime Iridium Certus GMDSS terminals and Iridium NTN Direct for global narrowband IoT, further solidifying its leadership position in the market.
- Cisco's Stock Plunge: Despite beating earnings and revenue expectations, Cisco Systems Inc. (NASDAQ:CSCO) saw its shares drop over 11%, marking the worst single-day decline since May 2022, as investors expressed concerns over profit durability.
- Tech Sector Decline: The iShares Tech-Expanded Software Sector ETF (NYSE:IGV) fell 3.7%, revisiting lows from last week, indicating heightened sensitivity to AI disruption risks following Cisco's outlook.
- Small Caps Underperform: The Nasdaq 100 dropped 1.7%, while both the S&P 500 and Dow Jones Industrial Average lost 1.2%, with the Russell 2000 small-cap index sliding 2.4%, reflecting a cautious market sentiment.
- Increased Volatility: The VIX surged 16%, as investors rotated into defensive sectors, with utilities and consumer staples outperforming, highlighting a risk-off tone in the market.
- Earnings Beat: HubSpot reported quarterly earnings of $3.09 per share, surpassing analyst expectations of $2.99, indicating robust profitability and boosting market confidence in the company's future performance.
- Significant Revenue Growth: The quarterly revenue reached $846.75 million, exceeding the Street estimate of $830.54 million and marking a 20.4% increase from $703.17 million in the same period last year, showcasing HubSpot's competitive strength in the market.
- Stock Price Surge: Following the positive earnings report, HubSpot's shares jumped 9.4% to $228.93 on Thursday, reflecting investor optimism about the company's growth potential and likely attracting more investor interest.
- Mixed Market Performance: While U.S. stocks showed mixed results overall, HubSpot's strong performance distinguished it among many stocks, demonstrating relative resilience and appeal in a fluctuating market.
- Revenue Growth: In 2025, Iridium achieved total revenue of $871.7 million, reflecting a 5% year-over-year increase, with service revenue of $634 million accounting for 73% of total revenue, indicating strong demand in the IoT sector and market adaptability.
- Net Income Performance: The company reported a net income of $114.4 million for 2025, with earnings per share increasing by 13% to $1.06, primarily driven by a reduced share count and a one-time gain of $19.8 million from the acquisition of Satelles, Inc. in 2024, boosting investor confidence.
- Subscriber Growth: As of Q4 2025, Iridium's total billable subscribers reached 2.537 million, a 3% increase year-over-year, demonstrating the company's expansion in the commercial IoT market and solidifying its customer base.
- Capital Expenditure and Debt Management: Capital expenditures for 2025 totaled $100.3 million, with net debt at $1.7 billion, reflecting effective financial leverage management while maintaining a net leverage ratio of 3.4 times, ensuring future investment capacity.
- Revenue Performance: Iridium Communications reported total revenue of $212.9 million for Q4 2025, flat year-over-year but missing expectations by $6.24 million, indicating that growth in service revenue was insufficient to offset declines in equipment sales and engineering support projects.
- Service Revenue Growth: Service revenue accounted for 75% of total revenue, reaching $158.9 million, demonstrating stability driven by growth in the commercial IoT sector, despite overall revenue stagnation, highlighting the company's ongoing market appeal.
- User Growth: The total number of billable subscribers reached 2.537 million by the end of Q4 2025, reflecting a 3% year-over-year increase, although slightly down from 2.542 million in the previous quarter, indicating positive progress in attracting new users.
- Future Outlook: The company projects service revenue growth to remain flat to 2% for 2026 and plans to shift incentive compensation entirely to cash, which is expected to negatively impact OEBITDA by $17 million, leading to an anticipated OEBITDA range of $480 million to $490 million, reflecting a new financial management strategy.








