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 $20.81 million as of March 20th, 2025. Mr. Monroe, III owns 897,273 shares of Globalstar stock worth more than $20,807,761 as of March 25th. 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 investorrelations@globalstar.com. Learn More on James Monroe, III's contact information.

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

In the last ninety days, James Monroe, III has bought $1,065,750.00 of Globalstar stock. Most recently, on Thursday, March 20th, James Monroe III bought 25,000 shares of Globalstar stock. The stock was acquired at an average cost of $21.83 per share, with a total value of $545,750.00. Following the completion of the transaction, the director now directly owns 897,273 shares of the company's stock, valued at $19,587,469.59. 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 9 times. They purchased a total of 7,590,855 shares worth more than $11,834,256.30. During the last twelve months, insiders at the sold shares 11 times. They sold a total of 4,185,108 shares worth more than $9,467,331.41. The most recent insider tranaction occured on March, 20th when Director James Monroe III bought 25,000 shares worth more than $545,750.00. Insiders at Globalstar own 60.8% of the company. Learn More about insider trades at Globalstar.

Information on this page was last updated on 3/20/2025.

James Monroe, III Insider Trading History at Globalstar

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.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$1.07Mbought$0soldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$10M-$5M$0$5M$10MTotal Insider BuyingTotal Insider Selling

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: $23.19
Low: $22.97
High: $23.63

50 Day Range

MA: $13.84
Low: $1.48
High: $24.33

2 Week Range

Now: $23.19
Low: $15.00
High: $41.10

Volume

436,920 shs

Average Volume

682,446 shs

Market Capitalization

$43.93 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.07