John Stenbit Sells 616 Shares of Viasat (NASDAQ:VSAT) Stock

Viasat Inc. (NASDAQ:VSAT) Director John Stenbit sold 616 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $75.46, for a total value of $46,483.36. Following the completion of the sale, the director owned 634 shares of the company’s stock, valued at $47,841.64. This trade represents a 49.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Viasat Stock Performance

Shares of Viasat stock opened at $81.99 on Friday. The business’s 50 day moving average price is $72.30 and its 200 day moving average price is $60.57. The company has a market cap of $11.29 billion, a price-to-earnings ratio of -341.62 and a beta of 1.72. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.19 and a current ratio of 1.68. Viasat Inc. has a one year low of $24.95 and a one year high of $93.03.

Viasat (NASDAQ:VSAT) last issued its earnings results on Thursday, May 28th. The communications equipment provider reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.34). The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Viasat had a negative net margin of 0.64% and a positive return on equity of 1.44%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.02) earnings per share. On average, research analysts predict that Viasat Inc. will post -0.28 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on VSAT shares. Zacks Research upgraded shares of Viasat from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Oppenheimer started coverage on shares of Viasat in a report on Monday, June 29th. They set an “outperform” rating and a $140.00 price target for the company. B. Riley Financial lifted their price target on shares of Viasat from $94.00 to $106.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Raymond James Financial set a $74.00 price objective on Viasat and gave the company an “outperform” rating in a report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $97.00 price objective on shares of Viasat in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Viasat presently has an average rating of “Moderate Buy” and a consensus price target of $85.78.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VSAT. Versant Capital Management Inc boosted its position in shares of Viasat by 4.4% in the second quarter. Versant Capital Management Inc now owns 4,940 shares of the communications equipment provider’s stock worth $444,000 after acquiring an additional 207 shares during the last quarter. Cetera Investment Advisers grew its holdings in Viasat by 2.6% in the first quarter. Cetera Investment Advisers now owns 8,605 shares of the communications equipment provider’s stock valued at $394,000 after purchasing an additional 217 shares during the period. Elevation Wealth Partners LLC increased its position in Viasat by 935.3% during the second quarter. Elevation Wealth Partners LLC now owns 352 shares of the communications equipment provider’s stock worth $32,000 after purchasing an additional 318 shares during the last quarter. Vise Technologies Inc. raised its stake in Viasat by 4.8% during the fourth quarter. Vise Technologies Inc. now owns 7,446 shares of the communications equipment provider’s stock worth $257,000 after purchasing an additional 342 shares during the period. Finally, CWM LLC raised its stake in Viasat by 1.8% during the fourth quarter. CWM LLC now owns 19,360 shares of the communications equipment provider’s stock worth $667,000 after purchasing an additional 349 shares during the period. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Trending Headlines about Viasat

Here are the key news stories impacting Viasat this week:

• Positive Sentiment: Viasat reported fiscal Q1 2027 adjusted earnings of $0.17 per share, above the approximately $0.10 consensus estimate. Lower interest expense helped improve profitability and supported the earnings beat. Viasat Q1 Earnings Surpass Estimates
• Positive Sentiment: Management expects roughly $180 million in fiscal 2027 free cash flow while maintaining its $950 million-$1 billion capital-expenditure plan. Record Direct-to-Air awards and growth in government, aviation and maritime connectivity also reinforce the long-term outlook. Viasat Free Cash Flow Outlook
• Positive Sentiment: Two ViaSat-3 satellites are nearing service, potentially adding capacity for commercial and government customers. Needham raised its price target from $90 to $105 and maintained a Buy rating, providing additional support for the stock’s valuation. Needham Raises Viasat Price Target
• Neutral Sentiment: Viasat’s recent rally has increased investor focus on whether ViaSat-3 commercialization, new contracts and improved cash generation can justify the higher valuation. Competitive pressure and execution remain important risks. Viasat Rally and Outlook
• Negative Sentiment: Quarterly revenue of approximately $1.16 billion missed the $1.20 billion analyst estimate and declined year over year. The revenue shortfall raises concerns about near-term demand despite the adjusted earnings beat.
• Negative Sentiment: Several insiders sold shares: Director Theresa Wise sold 2,500 shares, Director John Stenbit sold 616 shares, and SVP Benjamin Palmer sold 2,400 shares. These transactions are a modest negative signal, although insider selling can reflect personal liquidity needs rather than a change in company fundamentals. Viasat Insider Selling

About Viasat

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.