• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed

    2/10/21 11:40:02 AM ET
    $ORBC
    Telecommunications Equipment
    Consumer Services
    Get the next $ORBC alert in real time by email
    SC 13G/A 1 tv01548-orbcomminc.htm SCHEDULE 13G/A orbcomminc

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    Schedule 13G

    Under the Securities Exchange Act of 1934
    (Amendment No.: 5)*

    Name of issuer:  ORBCOMM Inc.

    Title of Class of Securities:  Common Stock

    CUSIP Number:  68555P100

    Date of Event Which Requires Filing of this Statement: December 31, 2020

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☒ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☐ Rule 13d-1(d)

    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

    (Continued on the following page(s))

     

     

    13G

    CUSIP No.:  68555P100

    1.  NAME OF REPORTING PERSON
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    The Vanguard Group - 23-1945930

    2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP

    A. 

    B.  X

    3.  SEC USE ONLY

    4.  CITIZENSHIP OF PLACE OF ORGANIZATION

    Pennsylvania

    (For questions 5-8, report the number of shares beneficially owned by each reporting person with:)

    5.  SOLE VOTING POWER

    0

    6.  SHARED VOTING POWER

    68,514

    7.  SOLE DISPOSITIVE POWER

    4,007,147

    8.  SHARED DISPOSITIVE POWER

    101,820

    9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    4,108,967

    10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

    N/A

    11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    5.27%

    12.  TYPE OF REPORTING PERSON

    IA

     

     

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    Schedule 13G
    Under the Securities Act of 1934

    Item 1(a) - Name of Issuer:

    ORBCOMM Inc.

    Item 1(b) - Address of Issuer's Principal Executive Offices:

    395 W. Passaic Street
    Rochelle Park, New Jersey 07662

    Item 2(a) - Name of Person Filing:

    The Vanguard Group - 23-1945930

    Item 2(b) – Address of Principal Business Office or, if none, residence:

    100 Vanguard Blvd.
    Malvern, PA 19355

    Item 2(c) – Citizenship:

    Pennsylvania

    Item 2(d) - Title of Class of Securities:

    Common Stock

    Item 2(e) - CUSIP Number

    68555P100

    Item 3 - Type of Filing:

    This statement is being filed pursuant to Rule 13d-1.  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

    Item 4 - Ownership:

      (a) Amount Beneficially Owned:

    4,108,967

      (b) Percent of Class:

    5.27%

     

     

    (c)  Number of shares as to which such person has:

    (i)  sole power to vote or direct to vote:  0

    (ii)  shared power to vote or direct to vote:  68,514

    (iii)  sole power to dispose of or to direct the disposition of:  4,007,147

    (iv)  shared power to dispose or to direct the disposition of:  101,820

    Comments:

     

    Item 5 - Ownership of Five Percent or Less of a Class:

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐

    Item 6 - Ownership of More Than Five Percent on Behalf of Another Person:

    Not applicable

    Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company:

    See Attached Appendix A

    Item 8 - Identification and Classification of Members of Group:

    Not applicable

    Item 9 - Notice of Dissolution of Group:

    Not applicable

    Item 10 - Certification:

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

    Signature

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Date:  February 8, 2021

    By /s/ Christine M. Buchanan
    Name: Christine M. Buchanan
    Title:  Principal

     

     

    Appendix A

    Subsidiary:

    Vanguard Asset Management, Limited

    Vanguard Fiduciary Trust Company

    Vanguard Global Advisors, LLC

    Vanguard Group (Ireland) Limited

    Vanguard Investments Australia Ltd

    Vanguard Investments Canada Inc.

    Vanguard Investments Hong Kong Limited

    Vanguard Investments UK, Limited

    *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G

     

    Get the next $ORBC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $ORBC

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $ORBC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • TLD Logistics Upgrades Multi-Asset Fleet with ORBCOMM's Advanced In-Cab and Cold Chain Solutions

      ROCHELLE PARK, N.J., Sept. 08, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ:ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has been selected by TLD Logistics Services Inc. (TLD), an independent subsidiary of Toyota Tsusho, to upgrade its fleet of trucks and refrigerated trailers with ORBCOMM's advanced in-cab and cold chain telematics solutions. ORBCOMM's comprehensive solutions provide wireless connectivity through its industry-leading hardware and a single, unified Cloud-based analytics platform for optimal fleet management across multiple asset classes. A leading truckload carrier based in Knoxville, TN, TLD is using ORBCOMM's in-cab solution t

      9/8/21 9:00:00 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • ORBCOMM Announces Completion of Acquisition by GI Partners

      ROCHELLE PARK, N.J., Sept. 01, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, today announced the completion of its acquisition by GI Partners, a leading US-based private investment management firm, in an all-cash transaction that values ORBCOMM at approximately $1.1 billion, including net debt. Under the terms of the transaction, which was announced on April 8, 2021, ORBCOMM stockholders will receive $11.50 in cash per outstanding share of common stock, representing a premium of approximately 52% to ORBCOMM's closing share price on April 7th and a 50% premium over the 90-day volume-weighted average share price through that date. The tran

      9/1/21 8:54:33 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • ORBCOMM Achieves Cradlepoint 5G For Enterprise Branch Specialization

      ROCHELLE PARK, N.J., Aug. 26, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ:ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has achieved 5G for Enterprise Branch Specialization from Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions. The 5G for Enterprise Branch Specialization identifies and recognizes partner organizations that are leaders in positioning and selling Cradlepoint's 5G for business solutions by meeting a series of sales, technical and business proficiency criteria. By receiving the specialization, ORBCOMM will support Cradlepoint's efforts of selling the industry's most comprehensive portfol

      8/26/21 9:26:18 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services

    $ORBC
    Financials

    Live finance-specific insights

    See more
    • ORBCOMM Announces Second Quarter 2021 Results

      – Total Revenues of $65.9 Million, Up 16% from Prior Year Period –– 90,000 Devices Shipped Drives Product Sales Growth –– Product Sales of $28.4 Million, Up 55% from Prior Year Period – ROCHELLE PARK, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ:ORBC), a global provider of Internet of Things (IoT) solutions, today announced financial results for the second quarter ended June 30, 2021. The following financial highlights are in thousands of dollars and unaudited.  Three Months Ended  Six Months Ended  June 30,  June 30,  2021  2020  2021  2020 Recurring Service Revenues$36,355  $37,006  $72,596  $76,859 Other Service Revenues 1,187   1,423   2,696   2,094 Total Service

      8/3/21 8:00:00 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services

    $ORBC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4: Le Brun Christian returned 117,948 units of Common Stock to the company, closing all direct ownership in the company

      4 - ORBCOMM Inc. (0001361983) (Issuer)

      9/3/21 6:20:10 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • SEC Form 4: Kelleher Timothy returned 151,348 units of Common Stock to the company, closing all direct ownership in the company

      4 - ORBCOMM Inc. (0001361983) (Issuer)

      9/3/21 6:18:35 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • SEC Form 4: Milcos Constantine returned 104,008 units of Common Stock to the company, closing all direct ownership in the company

      4 - ORBCOMM Inc. (0001361983) (Issuer)

      9/3/21 6:18:05 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services

    $ORBC
    SEC Filings

    See more
    • SEC Form EFFECT filed by ORBCOMM Inc.

      EFFECT - ORBCOMM Inc. (0001361983) (Filer)

      9/14/21 12:15:14 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • SEC Form 15-12B filed by ORBCOMM Inc.

      15-12B - ORBCOMM Inc. (0001361983) (Filer)

      9/13/21 4:47:04 PM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • SEC Form S-8 POS filed by ORBCOMM Inc.

      S-8 POS - ORBCOMM Inc. (0001361983) (Filer)

      9/10/21 9:25:31 PM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services

    $ORBC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • ORBCOMM downgraded by Northland Capital Markets with a new price target

      Northland Capital Markets downgraded ORBCOMM from Outperform to Market Perform and set a new price target of $11.50

      5/11/21 8:47:00 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • ORBCOMM downgraded by Canaccord Genuity with a new price target

      Canaccord Genuity downgraded ORBCOMM from Buy to Hold and set a new price target of $11.50

      4/9/21 9:56:23 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • Orbcomm downgraded by Canaccord Genuity with a new price target

      Canaccord Genuity downgraded Orbcomm from Buy to Hold and set a new price target of $11.50 from $13.00 previously

      4/8/21 9:30:04 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services

    $ORBC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed

      SC 13G/A - ORBCOMM Inc. (0001361983) (Subject)

      2/12/21 3:20:52 PM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • SEC Form SC 13G/A filed

      SC 13G/A - ORBCOMM Inc. (0001361983) (Subject)

      2/11/21 7:50:18 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services
    • SEC Form SC 13G/A filed

      SC 13G/A - ORBCOMM Inc. (0001361983) (Subject)

      2/10/21 11:40:02 AM ET
      $ORBC
      Telecommunications Equipment
      Consumer Services