Richard Baldridge Sells 223,542 Shares of Viasat (NASDAQ:VSAT) Stock

Posted by Geri Gentry on Aug 11th, 2026

Viasat Inc. (NASDAQ:VSAT – Get Free Report) Director Richard Baldridge sold 223,542 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $80.62, for a total transaction of $18,021,956.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Viasat Price Performance

NASDAQ:VSAT traded down $0.30 during mid-day trading on Tuesday, hitting $84.52. 1,244,464 shares of the company’s stock traded hands, compared to its average volume of 2,136,139. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.52 and a current ratio of 1.68. The company has a market cap of $11.64 billion, a PE ratio of -352.17 and a beta of 1.72. The firm’s 50 day simple moving average is $72.53 and its 200 day simple moving average is $61.12. Viasat Inc. has a 1 year low of $25.50 and a 1 year high of $93.03.

Viasat (NASDAQ:VSAT – Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The communications equipment provider reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.34). The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.20 billion. Viasat had a negative net margin of 0.64% and a positive return on equity of 1.44%. The firm’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.02) EPS. Sell-side analysts expect that Viasat Inc. will post -0.28 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on VSAT shares. Zacks Research raised Viasat from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Wall Street Zen lowered shares of Viasat from a “hold” rating to a “sell” rating in a report on Saturday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $97.00 price objective on shares of Viasat in a research note on Monday, June 1st. Barclays set a $49.00 price target on shares of Viasat in a report on Friday, May 29th. Finally, Oppenheimer started coverage on shares of Viasat in a research report on Monday, June 29th. They issued an “outperform” rating and a $140.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Viasat currently has a consensus rating of “Moderate Buy” and an average target price of $90.67.

Get Our Latest Research Report on VSAT

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Versant Capital Management Inc lifted its holdings in shares of Viasat by 4.4% in the 2nd quarter. Versant Capital Management Inc now owns 4,940 shares of the communications equipment provider’s stock worth $444,000 after purchasing an additional 207 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of Viasat by 2.6% during the first quarter. Cetera Investment Advisers now owns 8,605 shares of the communications equipment provider’s stock valued at $394,000 after acquiring an additional 217 shares during the period. Elevation Wealth Partners LLC raised its holdings in Viasat by 935.3% during the second quarter. Elevation Wealth Partners LLC now owns 352 shares of the communications equipment provider’s stock worth $32,000 after purchasing an additional 318 shares in the last quarter. Vise Technologies Inc. raised its holdings in Viasat by 4.8% during the fourth quarter. Vise Technologies Inc. now owns 7,446 shares of the communications equipment provider’s stock worth $257,000 after purchasing an additional 342 shares in the last quarter. Finally, CWM LLC lifted its position in Viasat by 1.8% in the fourth quarter. CWM LLC now owns 19,360 shares of the communications equipment provider’s stock worth $667,000 after purchasing an additional 349 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds.

About Viasat

(Get Free Report)

Viasat, Inc (NASDAQ: VSAT) provides high‐capacity satellite broadband and wireless communications services to consumer, commercial and government customers worldwide. The company designs and operates satellite systems and network infrastructure to deliver secure, high-speed connectivity across remote and underserved regions, as well as managed networking solutions for enterprises and public sector agencies.

Viasat’s product offerings include residential and enterprise satellite internet services, in-flight connectivity for commercial airlines and business jets, and secure networking platforms tailored to defense and intelligence users.