Viasat (NASDAQ:VSAT) Director Theresa Wise Sells 2,500 Shares

Viasat Inc. (NASDAQ:VSAT) Director Theresa Wise sold 2,500 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $84.69, for a total value of $211,725.00. Following the completion of the transaction, the director directly owned 11,000 shares in the company, valued at $931,590. The trade was a 18.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Theresa Wise also recently made the following trade(s):

• On Monday, June 8th, Theresa Wise sold 2,500 shares of Viasat stock. The stock was sold at an average price of $69.00, for a total value of $172,500.00.

Viasat Stock Performance

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

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

Viasat News Summary

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

Wall Street Analyst Weigh In

Several analysts recently commented on VSAT shares. B. Riley Financial raised their price objective on Viasat from $94.00 to $106.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $97.00 target price on shares of Viasat in a research note on Monday, June 1st. Raymond James Financial set a $74.00 price target on Viasat and gave the stock an “outperform” rating in a report on Friday, April 24th. Needham & Company LLC lifted their price objective on Viasat from $90.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Barclays set a $49.00 price objective on Viasat in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $85.78.

Institutional Investors Weigh In On Viasat

Several institutional investors have recently added to or reduced their stakes in VSAT. Disciplined Growth Investors Inc. MN increased its holdings in Viasat by 15.8% during the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 5,845,100 shares of the communications equipment provider’s stock worth $85,338,000 after purchasing an additional 796,349 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Viasat by 18.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,789,539 shares of the communications equipment provider’s stock valued at $219,346,000 after purchasing an additional 738,656 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Viasat by 8.9% during the fourth quarter. Geode Capital Management LLC now owns 3,328,854 shares of the communications equipment provider’s stock worth $115,266,000 after buying an additional 273,369 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Viasat by 2,821.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,222,981 shares of the communications equipment provider’s stock worth $111,065,000 after buying an additional 3,112,670 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Viasat by 64.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,866,242 shares of the communications equipment provider’s stock worth $29,866,000 after buying an additional 1,128,338 shares in the last quarter. 86.05% of the stock is owned by institutional investors.

Viasat Company Profile

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.