Viasat, Inc (NASDAQ: VSAT) is 26.56% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VSAT stock was last observed hovering at around $11.81 in the last trading session, with the day’s loss setting it -1.04%.
Currently trading at $10.77, the stock is 18.63% and 20.84% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.6 million and changing -8.81% at the moment leaves the stock -20.37% off its SMA200. VSAT registered -54.75% loss for a year compared to 6-month loss of -28.72%. The firm has a 50-day simple moving average (SMA 50) of $8.9126 and a 200-day simple moving average (SMA200) of $13.5257.
The stock witnessed a 26.71% gain in the last 1 month and extending the period to 3 months gives it a -3.15%, and is 43.41% up 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 15.37% over the week and 9.80% over the month.
Viasat, Inc (VSAT) has around 7500 employees, a market worth around $1.38B and $4.53B in sales. Profit margin for the company is -8.49%. Distance from 52-week low is 60.99% and -59.66% 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.
309.0 institutions hold shares in Viasat, Inc (VSAT), with institutional investors hold 96.67% 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 87.30% 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).
