$128K of IRDM bought by Bin Abdullah Bin Abdulrahman Khalid on 11/20/2012

Bin Abdullah Bin Abdulrahman Khalid purchased 22,800 shares of Iridium Communications Inc stock, or $127,740 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on November 20, 2012.

As noted on November 23, 2012, Bin Abdullah Bin Abdulrahman Khalid's purchase was done directly over 30 transactions on November 20, 2012. The share price ranged from $5.6 to $5.61 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Bin Abdullah Bin Abdulrahman Khalid has sold no shares of Iridium Communications Inc stock. Over the same time period, Bin Abdullah Bin Abdulrahman Khalid has purchased 22,800 shares of Iridium Communications Inc, with a total cost of $127,740.

Let's take a quick, high-level look at insider trading at Iridium Communications Inc over the past 12 months. A total of 3,725,000 shares of Iridium Communications Inc stock was sold by insiders, totaling $30,110,293. Over the same time 12 month time period, 775,420 shares of Iridium Communications Inc, for a total value of $5,183,000 were purchased by company insiders.

To view the complete SEC Filing: Iridium Communications Inc Form 4 (Insider Trading) SEC Filing