Robert James Blair Sells 30,411 Shares of Viasat (NASDAQ:VSAT) Stock

Viasat Inc. (NASDAQ:VSATGet Free Report) SVP Robert James Blair sold 30,411 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $47.04, for a total value of $1,430,533.44. Following the sale, the senior vice president directly owned 38,108 shares of the company’s stock, valued at approximately $1,792,600.32. This trade represents a 44.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Viasat Stock Up 7.3%

Shares of NASDAQ VSAT opened at $52.12 on Friday. The company has a quick ratio of 1.90, a current ratio of 2.13 and a debt-to-equity ratio of 1.35. Viasat Inc. has a 52 week low of $7.36 and a 52 week high of $52.70. The firm’s fifty day moving average is $45.30 and its 200 day moving average is $38.13. The company has a market cap of $7.08 billion, a price-to-earnings ratio of -20.12 and a beta of 1.44.

Institutional Investors Weigh In On Viasat

A number of large investors have recently modified their holdings of VSAT. Rockefeller Capital Management L.P. raised its stake in Viasat by 278.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 6,427 shares of the communications equipment provider’s stock worth $221,000 after buying an additional 4,727 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in Viasat in the fourth quarter worth about $277,000. Virtue Capital Management LLC bought a new stake in Viasat during the 4th quarter valued at approximately $211,000. Vident Advisory LLC boosted its position in Viasat by 23.2% during the 4th quarter. Vident Advisory LLC now owns 16,716 shares of the communications equipment provider’s stock valued at $576,000 after acquiring an additional 3,144 shares in the last quarter. Finally, State of Tennessee Department of Treasury grew its holdings in shares of Viasat by 0.8% during the 4th quarter. State of Tennessee Department of Treasury now owns 46,952 shares of the communications equipment provider’s stock worth $1,618,000 after acquiring an additional 350 shares during the period. Institutional investors own 86.05% of the company’s stock.

Analyst Ratings Changes

VSAT has been the subject of a number of analyst reports. William Blair reiterated an “outperform” rating on shares of Viasat in a report on Tuesday, January 13th. Needham & Company LLC restated a “buy” rating and set a $45.00 price target on shares of Viasat in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft raised Viasat from a “hold” rating to a “buy” rating and upped their price target for the company from $36.00 to $48.00 in a research report on Friday, February 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Viasat in a report on Wednesday, January 21st. Finally, Morgan Stanley set a $51.00 target price on Viasat in a research note on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.86.

View Our Latest Report on VSAT

Key Headlines Impacting Viasat

Here are the key news stories impacting Viasat this week:

  • Positive Sentiment: Large, concentrated calls bought in a single session (~41,084 contracts, far above average) — signals speculative bullish bets or hedging ahead of catalysts and likely helped push buying interest in the stock. Stock Traders Buy High Volume of Call Options on Viasat
  • Positive Sentiment: Analyst support and upgrades: several firms have buy/outperform views (e.g., Deutsche Bank upgrade; Morgan Stanley and William Blair coverage cited), which can attract demand from institutional and retail investors. Analysts Set New Price Targets
  • Positive Sentiment: Positive research pieces (Zacks) highlight VSAT as a long‑term growth play and favorable versus some peers, supporting investor interest from growth-focused funds. Why ViaSat (VSAT) is a Top Growth Stock for the Long-Term
  • Neutral Sentiment: Industry coverage — inclusion in regional market reports (e.g., Middle East satellite communications) underscores TAM visibility but doesn’t imply immediate revenue impact. Middle East Satellite Communications Market Report
  • Neutral Sentiment: High institutional ownership (~86%) — reduces free float and can amplify moves when institutions trade, but also means fewer retail-driven shares available. Viasat Stock Profile
  • Negative Sentiment: Insider selling disclosed: two senior Viasat officers (SVPs Robert Blair and Craig Miller) sold meaningful blocks (30,411 and 5,260 shares respectively), which can spook some investors despite common personal/liquidity reasons. Viasat SVPs Sell Stock
  • Negative Sentiment: Street consensus target (~$45.86) sits below current trading levels and may act as a psychological cap on upside until analysts raise targets. Analyst Consensus Target

About Viasat

(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.

Further Reading

Insider Buying and Selling by Quarter for Viasat (NASDAQ:VSAT)

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