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Why should you keep an eye on Viasat, Inc (VSAT)?

Viasat, Inc (NASDAQ: VSAT) is -11.75% lower on its value in year-to-date trading and has touched a low of $6.69 and a high of $26.70 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 $7.74 in the last trading session, with the day’s loss setting it -0.23%.

Currently trading at $7.51, the stock is -15.90% and -16.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.47 million and changing -2.97% at the moment leaves the stock -45.22% off its SMA200. VSAT registered -69.62% loss for a year compared to 6-month loss of -53.98%. The firm has a 50-day simple moving average (SMA 50) of $9.0086 and a 200-day simple moving average (SMA200) of $13.7618.

The stock witnessed a -21.36% gain in the last 1 month and extending the period to 3 months gives it a -31.16%, and is -24.14% 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 7.80% over the week and 8.19% over the month.

Viasat, Inc (VSAT) has around 7500 employees, a market worth around $964.24M and $4.53B in sales. Profit margin for the company is -8.49%. Distance from 52-week low is 12.26% and -71.87% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.27%).

with sales reaching $1.13B over the same period.The EPS is expected to shrink by -294.42% this year, but quarterly earnings will post 5.41% year-over-year. Quarterly sales are estimated to grow 0.05% in year-over-year returns.

Viasat, Inc (VSAT) Top Institutional Holders

312.0 institutions hold shares in Viasat, Inc (VSAT), with institutional investors hold 96.62% of the company’s shares. The shares outstanding are 128.39M, and float is at 107.46M with Short Float at 20.87%. Institutions hold 87.25% 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 sale by MILLER MARK J, the company’s EVP, Chief Technical Officer. SEC filings show that MILLER MARK J sold 3,564 shares of the company’s common stock on Dec 12 ’24 at a price of $9.21 per share for a total of $32824.0. Following the sale, the insider now owns 0.35 million shares.

Still, SEC filings show that on Sep 12 ’24, BALDRIDGE RICHARD A (Director) acquired 55,000 shares at an average price of $14.91 for $0.82 million. The insider now directly holds 55,000 shares of Viasat, Inc (VSAT).

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