Company directors making major buys of stock can indicate potential growth or undervaluation. Director Robert H. Niehaus purchased $524.7K worth of Iridium Communications Inc (IRDM) shares, with an average cost of $17.49/share. Despite this, shares were trading at $17.10, up 1.9%. The 52-week range for IRDM is $16.75 to $34.45. The company pays an annualized dividend of $0.6/share, with a recent ex-date on 09/15/2025. A long-term dividend history chart can help assess the sustainability of the 3.5% annualized yield. Consider researching other top insider buys for potential investment opportunities.

Read more at Nasdaq: Top Buys by Directors: Niehaus’s $524.7K Bet on IRDM