Key Points
- Viasat SVP Robert James Blair sold 30,411 shares on March 16 at an average price of $47.04 for total proceeds of $1.43M, reducing his direct ownership by 44.38% to 38,108 shares.
- VSAT opened at $48.59 (trading down ~3.2% on the day), sits near its 12‑month high of $51.00 with a market cap of $6.6B and a negative P/E of -18.76.
- Analysts have a consensus rating of Moderate Buy with an average price target of $45.86 (six Buys vs. two Sells), and Deutsche Bank recently upgraded the stock to Buy and raised its target to $48.
Viasat Inc. (NASDAQ:VSAT - Get Free Report) SVP Craig Andrew Miller sold 5,260 shares of the firm's stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $50.00, for a total transaction of $263,000.00. Following the sale, the senior vice president directly owned 21,252 shares of the company's stock, valued at $1,062,600. The trade was a 19.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Viasat Trading Down 3.2%
VSAT opened at $48.59 on Thursday. Viasat Inc. has a 12-month low of $7.36 and a 12-month high of $51.00. The company has a debt-to-equity ratio of 1.35, a current ratio of 2.13 and a quick ratio of 1.90. The stock has a market capitalization of $6.60 billion, a PE ratio of -18.76 and a beta of 1.44. The firm's fifty day moving average price is $45.04 and its 200 day moving average price is $38.03.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. Morgan Stanley set a $51.00 price objective on Viasat in a research note on Friday, January 16th. Deutsche Bank Aktiengesellschaft upgraded Viasat from a "hold" rating to a "buy" rating and raised their target price for the company from $36.00 to $48.00 in a research note on Friday, February 6th. Weiss Ratings restated a "sell (d-)" rating on shares of Viasat in a research report on Wednesday, January 21st. William Blair reaffirmed an "outperform" rating on shares of Viasat in a report on Tuesday, January 13th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $45.00 price target on shares of Viasat in a report on Wednesday, January 21st. Six investment analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $45.86.
Get Our Latest Analysis on VSAT
Viasat News Summary
Here are the key news stories impacting Viasat this week:
- Positive Sentiment: Unusually large options activity — investors bought ~41,084 call options in a single session (≈954% above average), which signals bullish speculative interest or hedging ahead of catalysts. Read More.
- Positive Sentiment: Recent analyst support: several firms maintain Buy/outperform views and some targets sit above recent levels (Morgan Stanley $51; Deutsche Bank upgraded to Buy and raised its objective). This backing can support near-term confidence. Read More.
- Positive Sentiment: Positive research coverage from Zacks highlights Viasat as a long-term growth name and rates it favorably vs. some peers, which can attract growth-oriented investors. Read More. and Read More.
- Neutral Sentiment: Industry exposure — Viasat is included in regional market reports (Middle East satellite communications), underlining TAM visibility but not signaling immediate revenue impact. Read More.
- Neutral Sentiment: Institutional ownership is high (~86%) with small reported stake changes from several funds; heavy institutional ownership can reduce float but also amplify moves on large trades. Read More.
- Negative Sentiment: Insider selling: Two senior Viasat officers disclosed significant sales — SVP Robert James Blair sold 30,411 shares (~$1.43M at ~$47.04) and SVP Craig Miller sold 5,260 shares — reducing their holdings materially. Insider sales can spook some investors even if for personal/liquidity reasons. Read More.
- Negative Sentiment: Consensus price target modestly below current trading levels — the street consensus target cited is $45.86, which may cap upside for some investors. Read More.
Institutional Investors Weigh In On Viasat
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. increased its stake in Viasat by 278.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 6,427 shares of the communications equipment provider's stock valued at $221,000 after buying an additional 4,727 shares during the period. Corient Private Wealth LLC bought a new position in shares of Viasat in the fourth quarter valued at approximately $277,000. Virtue Capital Management LLC acquired a new position in shares of Viasat during the fourth quarter valued at approximately $211,000. Vident Advisory LLC raised its holdings in Viasat by 23.2% during the fourth quarter. Vident Advisory LLC now owns 16,716 shares of the communications equipment provider's stock worth $576,000 after purchasing an additional 3,144 shares in the last quarter. Finally, State of Tennessee Department of Treasury raised its holdings in Viasat by 0.8% during the fourth quarter. State of Tennessee Department of Treasury now owns 46,952 shares of the communications equipment provider's stock worth $1,618,000 after purchasing an additional 350 shares in the last quarter. 86.05% of the stock is currently owned by institutional investors.
Viasat Company Profile
(
Get Free Report)
Viasat, Inc (NASDAQ: VSAT) provides high‐capacity satellite broadband and wireless communications services to consumer, commercial and government customers worldwide. The company designs and operates satellite systems and network infrastructure to deliver secure, high-speed connectivity across remote and underserved regions, as well as managed networking solutions for enterprises and public sector agencies.
Viasat's product offerings include residential and enterprise satellite internet services, in-flight connectivity for commercial airlines and business jets, and secure networking platforms tailored to defense and intelligence users.
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