Fund Sells $23 Million in Globalstar as Stock Surges 170% in One Year

On February 13, 2026, Ashford Capital Management reported selling 410,326 shares of Globalstar (NASDAQ:GSAT), with the estimated transaction value at $22.66 million based on quarterly average pricing. What happened According to an SEC filing dated February 13, 2026, Ashford Capital Management sold 410,326 shares of Globalstar during the fourth quarter. The estimated transaction value was $22.66 million, calculated using the average unadjusted closing price for the period. The fund’s quarter-end position ...