ViaSat, Inc. (NASDAQ:VSAT) Director B Allen Lay sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $69.65, for a total value of $69,650.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

B Allen Lay also recently made the following trade(s):

  • On Thursday, November 1st, B Allen Lay sold 3,000 shares of ViaSat stock. The shares were sold at an average price of $68.00, for a total value of $204,000.00.

Shares of NASDAQ VSAT opened at $65.48 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.19 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of -76.14 and a beta of 0.77. ViaSat, Inc. has a 12 month low of $59.16 and a 12 month high of $80.26.

ViaSat (NASDAQ:VSAT) last issued its quarterly earnings results on Thursday, November 1st. The communications equipment provider reported ($0.40) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.56) by $0.16. The company had revenue of $517.50 million for the quarter, compared to the consensus estimate of $468.99 million. ViaSat had a negative return on equity of 4.95% and a negative net margin of 5.87%. The company’s revenue for the quarter was up 32.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.09 EPS. On average, research analysts forecast that ViaSat, Inc. will post -1.68 earnings per share for the current fiscal year.

A number of research analysts recently weighed in on the company. Morgan Stanley raised their price objective on ViaSat from $67.00 to $71.00 and gave the company an “equal weight” rating in a research note on Friday, November 30th. Raymond James raised their price objective on ViaSat from $67.00 to $73.00 and gave the company a “buy” rating in a research note on Thursday, November 15th. BidaskClub raised ViaSat from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 3rd. Zacks Investment Research raised ViaSat from a “sell” rating to a “hold” rating in a research report on Monday, October 15th. Finally, TheStreet downgraded ViaSat from a “c-” rating to a “d+” rating in a research report on Friday, October 5th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. ViaSat has a consensus rating of “Hold” and a consensus target price of $66.86.

Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. raised its position in shares of ViaSat by 3.4% during the third quarter. BlackRock Inc. now owns 6,401,562 shares of the communications equipment provider’s stock worth $409,381,000 after acquiring an additional 213,070 shares during the last quarter. Vanguard Group Inc. raised its position in shares of ViaSat by 3.1% during the third quarter. Vanguard Group Inc. now owns 5,124,401 shares of the communications equipment provider’s stock worth $327,706,000 after acquiring an additional 153,301 shares during the last quarter. Odey Asset Management Group Ltd raised its position in shares of ViaSat by 28.8% during the third quarter. Odey Asset Management Group Ltd now owns 3,020,829 shares of the communications equipment provider’s stock worth $193,182,000 after acquiring an additional 675,457 shares during the last quarter. Franklin Resources Inc. raised its position in shares of ViaSat by 5.2% during the third quarter. Franklin Resources Inc. now owns 2,412,023 shares of the communications equipment provider’s stock worth $154,249,000 after acquiring an additional 119,576 shares during the last quarter. Finally, Sylebra HK Co Ltd raised its position in shares of ViaSat by 158.6% during the second quarter. Sylebra HK Co Ltd now owns 1,304,806 shares of the communications equipment provider’s stock worth $85,752,000 after acquiring an additional 800,248 shares during the last quarter.

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ViaSat Company Profile

Viasat, Inc provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband Internet access and voice over Internet protocol services to consumers and businesses; in-flight Internet and aviation software services to commercial airlines; and mobile broadband services comprising network management and high-speed Internet connectivity services for customers using airborne, maritime, and ground mobile satellite systems.

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

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