Globalstar (NYSE:GSAT – Get Free Report) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday.
Globalstar Stock Performance
NYSE:GSAT opened at $1.90 on Monday. Globalstar has a 1-year low of $1.00 and a 1-year high of $2.13.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Globalstar stock. Charles Schwab Investment Management Inc. lifted its position in shares of Globalstar, Inc. (NYSE:GSAT – Free Report) by 3.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,186,012 shares of the company’s stock after purchasing an additional 196,644 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Globalstar were worth $7,671,000 at the end of the most recent reporting period.
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