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Iridium Communications Inc. (NASDAQ:IRDM – Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,400,000 shares, an increase of 27.3% from the February 29th total of 2,670,000 shares. Currently, 3.1% of the shares of the stock are […]
Pinnacle Associates Ltd. increased its holdings in shares of Iridium Communications Inc. (NASDAQ:IRDM – Free Report) by 0.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 716,341 shares of the technology company’s stock after purchasing an additional 1,208 shares during the […]
Iridium Communications (NASDAQ:IRDM – Free Report) had its target price lowered by Raymond James from $53.00 to $48.00 in a report released on Friday, Benzinga reports. The firm currently has a strong-buy rating on the technology company’s stock. Several other analysts have also weighed in on IRDM. William Blair lowered Iridium Communications from an outperform […]
William Blair lowered shares of Iridium Communications (NASDAQ:IRDM – Free Report) from an outperform rating to a market perform rating in a report published on Thursday, MarketBeat reports. Several other equities research analysts have also issued reports on IRDM. TheStreet lowered shares of Iridium Communications from a c- rating to a d+ rating in a […]
Iridium Communications (NASDAQ:IRDM – Get Free Report) issued its earnings results on Thursday. The technology company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.27, RTT News reports. The firm had revenue of $194.74 million during the quarter, compared to the consensus estimate of $192.13 million. Iridium Communications had a […]