Viasat, Inc (NASDAQ: VSAT) is -72.34% lower on its value in year-to-date trading and has touched a low of $7.82 and a high of $29.11 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 $7.90 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $7.73, the stock is -20.98% and -32.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.43 million and changing -2.15% at the moment leaves the stock -50.78% off its SMA200. VSAT registered -62.42% loss for a year compared to 6-month loss of -58.15%. The firm has a 50-day simple moving average (SMA 50) of $11.3962 and a 200-day simple moving average (SMA200) of $15.7043.
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The stock witnessed a -30.11% gain in the last 1 month and extending the period to 3 months gives it a -56.00%, and is -18.46% 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 7.88% over the week and 6.64% over the month.
Viasat, Inc (VSAT) has around 7500 employees, a market worth around $992.49M and $4.53B in sales. Profit margin for the company is -8.49%. Distance from 52-week low is -1.15% and -73.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.27%).
The EPS is expected to shrink by -280.69% this year
295.0 institutions hold shares in Viasat, Inc (VSAT), with institutional investors hold 93.97% of the company’s shares. The shares outstanding are 125.85M, and float is at 106.38M with Short Float at 17.88%. Institutions hold 84.84% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.76 million shares valued at $187.45 million. The investor’s holdings represent 12.5947 of the VSAT Shares outstanding. As of 2024-06-30, the second largest holder is BAUPOST GROUP LLC/MA with 13.76 million shares valued at $174.74 million to account for 11.7412 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 12.84 million shares representing 10.9538 and valued at over $163.02 million, while ONTARIO TEACHERS PENSION PLAN BOARD holds 9.691 of the shares totaling 11.36 million with a market value of $144.23 million.
Viasat, Inc (VSAT) Insider Activity
The most recent transaction is an insider purchase by BALDRIDGE RICHARD A, the company’s Director. SEC filings show that BALDRIDGE RICHARD A bought 55,000 shares of the company’s common stock on Sep 12 ’24 at a price of $14.91 per share for a total of $0.82 million. Following the purchase, the insider now owns 55000.0 shares.
Viasat, Inc disclosed in a document filed with the SEC on Aug 12 ’24 that CPP Investment Board Private H () sold a total of 2,811,442 shares of the company’s common stock. The trade occurred on Aug 12 ’24 and was made at $19.90 per share for $55.95 million. Following the transaction, the insider now directly holds 8.55 million shares of the VSAT stock.
Still, SEC filings show that on Aug 12 ’24, ONTARIO TEACHERS PENSION PLAN () disposed off 2,811,442 shares at an average price of $19.90 for $55.95 million. The insider now directly holds 8,545,334 shares of Viasat, Inc (VSAT).
