Viasat (NASDAQ:VSAT) Director Richard Baldridge Sells 27,122 Shares

Posted by Francis Steltz on Jun 6th, 2026

Viasat Inc. (NASDAQ:VSAT – Get Free Report) Director Richard Baldridge sold 27,122 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $71.74, for a total transaction of $1,945,732.28. Following the sale, the director directly owned 213,355 shares in the company, valued at $15,306,087.70. This trade represents a 11.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Viasat Stock Performance

Viasat stock opened at $67.18 on Friday. The firm has a market capitalization of $9.17 billion, a PE ratio of -231.66 and a beta of 1.71. The company has a current ratio of 2.41, a quick ratio of 2.19 and a debt-to-equity ratio of 1.35. The firm’s 50 day simple moving average is $64.38 and its 200 day simple moving average is $49.28. Viasat Inc. has a 1-year low of $9.01 and a 1-year high of $89.79.

Wall Street Analysts Forecast Growth

VSAT has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $97.00 price target on shares of Viasat in a research report on Monday. Needham & Company LLC lifted their price target on Viasat from $58.00 to $90.00 and gave the company a “buy” rating in a research report on Monday. B. Riley Financial lifted their price target on Viasat from $94.00 to $106.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Raymond James Financial set a $74.00 price target on Viasat and gave the company an “outperform” rating in a research report on Friday, April 24th. Finally, Barclays set a $49.00 price target on Viasat in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Viasat has a consensus rating of “Moderate Buy” and an average target price of $77.13.

Read Our Latest Stock Analysis on Viasat

Institutional Trading of Viasat

A number of hedge funds have recently bought and sold shares of VSAT. Royal Bank of Canada lifted its position in Viasat by 483.2% in the 1st quarter. Royal Bank of Canada now owns 109,448 shares of the communications equipment provider’s stock worth $1,140,000 after buying an additional 90,680 shares during the last quarter. AQR Capital Management LLC lifted its position in Viasat by 189.7% in the 1st quarter. AQR Capital Management LLC now owns 452,933 shares of the communications equipment provider’s stock worth $4,692,000 after buying an additional 296,612 shares during the last quarter. Millennium Management LLC lifted its position in Viasat by 673.7% in the 1st quarter. Millennium Management LLC now owns 1,386,089 shares of the communications equipment provider’s stock worth $14,443,000 after buying an additional 1,206,935 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Viasat by 64.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,866,242 shares of the communications equipment provider’s stock worth $29,866,000 after buying an additional 1,128,338 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in Viasat by 6.9% in the 1st quarter. Empowered Funds LLC now owns 226,184 shares of the communications equipment provider’s stock worth $2,357,000 after buying an additional 14,575 shares during the last quarter. Institutional investors own 86.05% of the company’s stock.

Viasat Company Profile

(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.