ViaSat Inc. (NASDAQ:VSAT) saw unusually-strong trading volume on Friday . Approximately 466,292 shares were traded during mid-day trading, an increase of 66% from the previous session’s volume of 281,594 shares.The stock last traded at $73.70 and had previously closed at $73.25.

A number of equities research analysts have recently issued reports on VSAT shares. B. Riley reaffirmed a “buy” rating and issued a $89.00 price objective on shares of ViaSat in a research note on Monday, May 23rd. Drexel Hamilton cut shares of ViaSat from a “hold” rating to a “sell” rating and set a $61.00 price target for the company. in a research report on Monday, May 23rd. They noted that the move was a valuation call. Wunderlich reissued a “sell” rating and set a $50.00 price target (up previously from $48.00) on shares of ViaSat in a research report on Monday, May 23rd. Zacks Investment Research cut shares of ViaSat from a “hold” rating to a “sell” rating in a research report on Saturday, May 28th. Finally, TheStreet cut shares of ViaSat from a “buy” rating to a “hold” rating in a research report on Wednesday, June 1st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $70.00.

The company has a market capitalization of $3.61 billion and a price-to-earnings ratio of 167.50. The company has a 50-day moving average of $71.79 and a 200 day moving average of $70.16.

ViaSat (NASDAQ:VSAT) last released its quarterly earnings data on Tuesday, May 24th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.08. The firm had revenue of $372 million for the quarter, compared to analysts’ expectations of $370.17 million. During the same quarter in the prior year, the firm posted $0.36 EPS. ViaSat’s revenue was up 2.0% on a year-over-year basis. Equities research analysts predict that ViaSat Inc. will post $1.16 earnings per share for the current fiscal year.

In other news, Director Harvey White sold 2,800 shares of ViaSat stock in a transaction that occurred on Wednesday, June 15th. The shares were sold at an average price of $70.79, for a total transaction of $198,212.00. Following the sale, the director now owns 5,000 shares in the company, valued at $353,950. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Keven K. Lippert sold 8,750 shares of ViaSat stock in a transaction that occurred on Thursday, June 9th. The shares were sold at an average price of $73.81, for a total transaction of $645,837.50. Following the sale, the vice president now owns 8,750 shares in the company, valued at approximately $645,837.50. The disclosure for this sale can be found here.

A number of large investors have made changes to their positions in the company. Comerica Bank boosted its stake in shares of ViaSat by 0.5% in the fourth quarter. Comerica Bank now owns 45,152 shares of the company’s stock valued at $2,580,000 after buying an additional 240 shares in the last quarter. New York State Common Retirement Fund boosted its stake in shares of ViaSat by 5.4% in the fourth quarter. New York State Common Retirement Fund now owns 41,100 shares of the company’s stock valued at $2,508,000 after buying an additional 2,100 shares in the last quarter. Swiss National Bank boosted its stake in shares of ViaSat by 3.7% in the fourth quarter. Swiss National Bank now owns 60,124 shares of the company’s stock valued at $3,668,000 after buying an additional 2,124 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of ViaSat by 7.7% in the fourth quarter. Rhumbline Advisers now owns 56,673 shares of the company’s stock valued at $3,458,000 after buying an additional 4,035 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of ViaSat by 4.7% in the fourth quarter. Principal Financial Group Inc. now owns 298,761 shares of the company’s stock valued at $18,227,000 after buying an additional 13,416 shares in the last quarter.

ViaSat, Inc is a technology company engaged in broadband technologies and services, including satellite and wireless networking applications and secure networking systems, products and services. The Company conducts its business through three segments: satellite services, commercial networks and government systems.

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