Cathie Wood's position in Iridium Communications is currently worth $124 Million. That's 1.12% of their equity portfolio (23rd largest holding). The investor owns 4.33% of the outstanding Iridium Communications stock. The first Iridium Communications trade was made in Q4 2019. Since then Cathie Wood bought shares twelve more times and sold shares on nine occasions. The investor's estimated purchase price is $167 Million, resulting in a loss of 26%.
On Wednesday, August 2, 2023, Cathie Wood -led Ark Invest made several significant trades, the most notable being a substantial purchase of shares in Iridium...
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