Gilat Satellite Networks (NASDAQ:GILT) Shares Up 8.1% – Still a Buy?

Posted by Brenda Bartman on Jun 11th, 2026

Shares of Gilat Satellite Networks Ltd. (NASDAQ:GILT – Get Free Report) rose 8.1% during mid-day trading on Thursday . The stock traded as high as $14.56 and last traded at $14.6650. Approximately 299,081 shares changed hands during trading, a decline of 67% from the average daily volume of 918,614 shares. The stock had previously closed at $13.56.

Analysts Set New Price Targets

GILT has been the subject of several research reports. Wall Street Zen downgraded shares of Gilat Satellite Networks from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Zacks Research upgraded shares of Gilat Satellite Networks from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 15th. Finally, Freedom Capital upgraded shares of Gilat Satellite Networks from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $20.00.

View Our Latest Research Report on GILT

Gilat Satellite Networks Price Performance

The business’s 50-day moving average price is $17.09 and its two-hundred day moving average price is $15.83. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 29.30 and a beta of 1.00.

Gilat Satellite Networks (NASDAQ:GILT – Get Free Report) last released its quarterly earnings results on Tuesday, March 31st. The communications equipment provider reported $0.18 earnings per share for the quarter. Gilat Satellite Networks had a net margin of 6.80% and a return on equity of 11.65%. The company had revenue of $110.47 million during the quarter. As a group, research analysts predict that Gilat Satellite Networks Ltd. will post 0.7 EPS for the current year.

Insider Buying and Selling

In other news, CEO Adi Sfadia sold 48,978 shares of Gilat Satellite Networks stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $16.85, for a total value of $825,279.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Doron Kerbel sold 7,500 shares of Gilat Satellite Networks stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $18.03, for a total transaction of $135,225.00. The SEC filing for this sale provides additional information. 1.13% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd raised its position in Gilat Satellite Networks by 33.8% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 5,556,155 shares of the communications equipment provider’s stock valued at $71,476,000 after purchasing an additional 1,402,035 shares in the last quarter. Royce & Associates LP raised its position in Gilat Satellite Networks by 12.4% during the third quarter. Royce & Associates LP now owns 1,198,560 shares of the communications equipment provider’s stock valued at $15,605,000 after purchasing an additional 132,599 shares in the last quarter. Van ECK Associates Corp raised its position in Gilat Satellite Networks by 77.3% during the fourth quarter. Van ECK Associates Corp now owns 1,068,141 shares of the communications equipment provider’s stock valued at $13,822,000 after purchasing an additional 465,775 shares in the last quarter. Defiance ETFs LLC acquired a new position in Gilat Satellite Networks during the fourth quarter valued at approximately $13,555,000. Finally, UBS Group AG raised its position in Gilat Satellite Networks by 613.4% during the third quarter. UBS Group AG now owns 963,547 shares of the communications equipment provider’s stock valued at $12,545,000 after purchasing an additional 828,489 shares in the last quarter. 35.72% of the stock is currently owned by institutional investors and hedge funds.

About Gilat Satellite Networks

(Get Free Report)

Gilat Satellite Networks is a leading provider of satellite-based broadband connectivity solutions, specializing in the design, development and deployment of ground segment equipment and network services. The company’s core offerings include Very Small Aperture Terminal (VSAT) modems and hub systems, network management software, and end-to-end satellite communication platforms. These technologies enable broadband Internet access, enterprise networking, and cellular backhaul in regions where terrestrial infrastructure is limited or non-existent.

Founded in 1987 and headquartered in Petah Tikva, Israel, Gilat has established a track record of innovation in satellite communications.