James  Monroe, III net worth and biography

James Monroe, III Biography and Net Worth

Executive Chairman of the Board of Directors of Globalstar
Jay Monroe is Executive Chairman of the Board of Directors of Globalstar, Inc. He has held the Chairman position since Thermo Capital Partners purchased the assets of Globalstar in April 2004. He was the Company's CEO from January 2005 until July 2009 and reassumed that position from July 2011 until September 2018. 

Mr. Monroe has been the majority owner of Thermo Companies since their founding in 1984. Mr. Monroe has overseen operations in a wide variety of businesses at all phases of growth from startup through maturity. Under his direction, Thermo Companies founded or acquired companies in diverse industries including power generation, natural gas exploration and production, industrial equipment distribution, real estate, telecommunications, financial services and leasing services. Mr. Monroe is on the Board of Directors of Thermo Capital Partners and several of its portfolio companies.

What is James Monroe, III's net worth?

The estimated net worth of James Monroe, III is at least $15.24 million as of June 28th, 2024. Mr. Monroe, III owns 8,708,254 shares of Globalstar stock worth more than $15,239,445 as of November 19th. This net worth estimate does not reflect any other assets that Mr. Monroe, III may own. Learn More about James Monroe, III's net worth.

How do I contact James Monroe, III?

The corporate mailing address for Mr. Monroe, III and other Globalstar executives is 1351 Holiday Square Boulevard, Covington, LA 70433, United States. Globalstar can also be reached via phone at 985-335-1500 and via email at [email protected]. Learn More on James Monroe, III's contact information.

Has James Monroe, III been buying or selling shares of Globalstar?

James Monroe, III has not been actively trading shares of Globalstar over the course of the past ninety days. Most recently, on Friday, June 28th, James Monroe III bought 4,510,855 shares of Globalstar stock. The stock was acquired at an average cost of $1.06 per share, with a total value of $4,781,506.30. Following the completion of the transaction, the director now directly owns 8,708,254 shares of the company's stock, valued at $9,230,749.24. Learn More on James Monroe, III's trading history.

Who are Globalstar's active insiders?

Globalstar's insider roster includes Rebecca Clary (CFO), James Lynch (Director), James Monroe, III (Executive Chairman of the Board of Directors), L. Ponder, IV (General Counsel), and Timothy Taylor (VP of Finance, Business Operations & Strategy). Learn More on Globalstar's active insiders.

Are insiders buying or selling shares of Globalstar?

During the last twelve months, Globalstar insiders bought shares 6 times. They purchased a total of 7,240,855 shares worth more than $8,829,406.30. During the last twelve months, insiders at the sold shares 3 times. They sold a total of 545,000 shares worth more than $691,900.00. The most recent insider tranaction occured on September, 11th when VP Timothy Evan Taylor sold 395,000 shares worth more than $481,900.00. Insiders at Globalstar own 61.0% of the company. Learn More about insider trades at Globalstar.

Information on this page was last updated on 9/11/2024.

James Monroe, III Insider Trading History at Globalstar

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/28/2024Buy4,510,855$1.06$4,781,506.308,708,254View SEC Filing Icon  
9/6/2023Buy5,080,416$1.52$7,722,232.32880,621,127View SEC Filing Icon  
8/29/2023Buy4,197,399$1.13$4,743,060.874,197,399View SEC Filing Icon  
6/5/2023Buy184,054$1.15$211,662.106,115,790View SEC Filing Icon  
6/1/2023Buy97,338$1.10$107,071.805,681,736View SEC Filing Icon  
5/15/2023Buy75,175$1.00$75,175.005,439,038View SEC Filing Icon  
5/11/2023Buy708,863$0.99$701,774.375,363,863View SEC Filing Icon  
5/9/2023Buy3,000,000$0.97$2,910,000.003,100,000View SEC Filing Icon  
9/15/2022Buy100,000$1.83$183,000.00100,000View SEC Filing Icon  
12/23/2019Buy9,727$0.58$5,641.66
12/20/2019Buy570,000$0.49$279,300.00View SEC Filing Icon  
12/18/2019Buy750,000$0.43$322,500.00View SEC Filing Icon  
12/6/2019Buy1,000,000$0.48$480,000.00
12/2/2019Buy221,606$0.39$86,426.34View SEC Filing Icon  
11/29/2019Buy2,871,541$0.39$1,119,900.99View SEC Filing Icon  
12/21/2018Buy155,806,044$0.36$56,090,175.84View SEC Filing Icon  
12/12/2017Sell38,000,000$1.16$44,080,000.00View SEC Filing Icon  
10/11/2017Buy27,607,656$1.57$43,344,019.92View SEC Filing Icon  
6/30/2017Buy17,837,838$1.85$33,000,000.30View SEC Filing Icon  
12/9/2015Buy2,000,000$1.85$3,700,000.00View SEC Filing Icon  
12/1/2015Buy100,000$2.16$216,000.00View SEC Filing Icon  
11/30/2015Buy100,000$2.19$219,000.00View SEC Filing Icon  
11/27/2015Buy100,000$2.17$217,000.00View SEC Filing Icon  
11/25/2015Buy100,000$2.12$212,000.00View SEC Filing Icon  
11/24/2015Buy100,000$2.09$209,000.00View SEC Filing Icon  
11/17/2014Buy300,000$2.84$852,000.00View SEC Filing Icon  
11/14/2014Buy270,000$2.91$785,700.00View SEC Filing Icon  
11/13/2014Buy230,000$2.82$648,600.00View SEC Filing Icon  
11/12/2014Buy210,000$2.71$569,100.00View SEC Filing Icon  
11/11/2014Buy175,000$2.65$463,750.00View SEC Filing Icon  
11/10/2014Buy150,000$2.59$388,500.00View SEC Filing Icon  
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James Monroe, III Buying and Selling Activity at Globalstar

This chart shows James Monroe III's buying and selling at Globalstar by year and by quarter.

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Globalstar Company Overview

Globalstar logo
Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications. It also provides one-way or two-way communications and data transmissions using mobile devices, including the SPOT family of products, such as SPOT X, SPOT Gen4, and SPOT Trace that transmit messages and the location of the device; commercial Internet of Things transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets; small satellite transmitter modules comprising the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; undertakes installation of gateways and antennas; and hardware and software products design and development services. The company distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. Globalstar, Inc. serves recreation and personal, government, public safety and disaster relief, oil and gas, animal tracking, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, leisure, emergency services, agriculture, and forestry markets. The company was founded in 1993 and is headquartered in Covington, Louisiana.
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Today's Range

Now: $1.74
Low: $1.62
High: $1.77

50 Day Range

MA: $1.25
Low: $1.03
High: $1.86

2 Week Range

Now: $1.74
Low: $1.00
High: $2.13

Volume

11,880,189 shs

Average Volume

6,884,047 shs

Market Capitalization

$3.31 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.88