ViaSat, Inc. (NASDAQ:VSAT) hit a new 52-week high on Monday . The company traded as high as $81.24 and last traded at $81.64, with a volume of 15271 shares changing hands. The stock had previously closed at $80.08.

A number of equities research analysts have weighed in on VSAT shares. Raymond James lifted their target price on ViaSat from $73.00 to $81.00 and gave the company a “positive” rating in a research report on Friday, February 15th. ValuEngine lowered ViaSat from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 2nd. BidaskClub raised ViaSat from a “hold” rating to a “buy” rating in a research report on Tuesday, February 12th. Barclays reaffirmed a “sell” rating and set a $66.00 target price on shares of ViaSat in a research report on Wednesday, February 13th. Finally, Zacks Investment Research raised ViaSat from a “hold” rating to a “buy” rating and set a $68.00 target price for the company in a research report on Saturday, January 12th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $69.71.

The stock has a market capitalization of $5.00 billion, a P/E ratio of -95.79 and a beta of 0.90. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.60.

ViaSat (NASDAQ:VSAT) last released its quarterly earnings results on Thursday, February 7th. The communications equipment provider reported ($0.17) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.41) by $0.24. The firm had revenue of $554.69 million during the quarter, compared to analyst estimates of $487.99 million. ViaSat had a negative return on equity of 4.60% and a negative net margin of 4.62%. The business’s revenue for the quarter was up 45.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.04) EPS. As a group, equities analysts anticipate that ViaSat, Inc. will post -1.43 EPS for the current year.

In related news, insider Ken Allen Peterman sold 47,625 shares of the company’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $78.09, for a total transaction of $3,719,036.25. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director B Allen Lay sold 2,000 shares of the company’s stock in a transaction dated Friday, February 8th. The shares were sold at an average price of $71.50, for a total value of $143,000.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 188,026 shares of company stock valued at $14,012,045. Corporate insiders own 8.10% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Neuburgh Advisers LLC grew its stake in ViaSat by 3.8% during the 4th quarter. Neuburgh Advisers LLC now owns 5,216 shares of the communications equipment provider’s stock valued at $308,000 after purchasing an additional 192 shares during the last quarter. Financial Engines Advisors L.L.C. grew its stake in ViaSat by 1.1% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 31,204 shares of the communications equipment provider’s stock valued at $1,839,000 after purchasing an additional 341 shares during the last quarter. Retirement Systems of Alabama grew its stake in ViaSat by 0.5% during the 4th quarter. Retirement Systems of Alabama now owns 72,697 shares of the communications equipment provider’s stock valued at $4,285,000 after purchasing an additional 360 shares during the last quarter. Arizona State Retirement System grew its stake in ViaSat by 1.3% during the 4th quarter. Arizona State Retirement System now owns 40,244 shares of the communications equipment provider’s stock valued at $2,372,000 after purchasing an additional 498 shares during the last quarter. Finally, Enlightenment Research LLC purchased a new stake in ViaSat during the 4th quarter valued at about $29,000.

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About ViaSat (NASDAQ:VSAT)

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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