rts logo

Why Viasat, Inc. (VSAT) Stock Could See Much Higher Prices Ahead

Viasat, Inc. (NASDAQ: VSAT) is -43.90% lower on its value in year-to-date trading and has touched a low of $15.02 and a high of $47.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VSAT stock was last observed hovering at around $16.29 in the last trading session, with the day’s loss setting it -0.61%.

Currently trading at $15.68, the stock is -8.39% and -15.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -3.74% at the moment leaves the stock -33.16% off its SMA200. VSAT registered -54.46% loss for a year compared to 6-month gain of -6.67%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -7.76% loss in the last 1 month and extending the period to 3 months gives it a -36.03%, and is -11.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.35% over the week and 5.10% over the month.

Viasat, Inc. (VSAT) has around 6800 employees, a market worth around $1.97B and $3.80B in sales. Fwd P/E is 8.75. Profit margin for the company is -37.73%. Distance from 52-week low is 4.40% and -66.88% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.28%).

The EPS is expected to shrink by -73483.23% this year.

Viasat, Inc. (VSAT) Top Institutional Holders

The shares outstanding are 125.32M, and float is at 97.95M with Short Float at 11.86%.

Viasat, Inc. (VSAT) Insider Activity

The most recent transaction is an insider sale by Miller Craig Andrew,the company’sPres. Global Space Networks. SEC filings show that Miller Craig Andrew sold 150 shares of the company’s common stock on Jan 05 ’24 at a price of $26.83 per share for a total of $4024.0. Following the sale, the insider now owns 13248.0 shares.

Viasat, Inc. disclosed in a document filed with the SEC on Dec 06 ’23 that Miller Craig Andrew (Pres. Global Space Networks) sold a total of 150 shares of the company’s common stock. The trade occurred on Dec 06 ’23 and was made at $22.53 per share for $3380.0. Following the transaction, the insider now directly holds 13398.0 shares of the VSAT stock.

Still, SEC filings show that on Nov 16 ’23, Lippert Keven K (Executive Vice President) disposed off 6,200 shares at an average price of $19.58 for $0.12 million. The insider now directly holds 24 shares of Viasat, Inc. (VSAT).

Related Posts