Insider Selling: Viasat (NASDAQ:VSAT) CEO Sells $25,904,000.00 in Stock

Posted by Brian Himes on Jun 12th, 2026

Viasat Inc. (NASDAQ:VSAT – Get Free Report) CEO Mark Dankberg sold 400,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $64.76, for a total value of $25,904,000.00. Following the transaction, the chief executive officer owned 1,082,196 shares of the company’s stock, valued at $70,083,012.96. This represents a 26.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Viasat Stock Performance

NASDAQ VSAT opened at $72.71 on Friday. The stock has a market capitalization of $9.93 billion, a PE ratio of -250.72 and a beta of 1.71. The business has a 50 day simple moving average of $65.97 and a two-hundred day simple moving average of $50.33. The company has a debt-to-equity ratio of 1.35, a current ratio of 2.41 and a quick ratio of 2.19. Viasat Inc. has a 1-year low of $10.82 and a 1-year high of $89.79.

Viasat (NASDAQ:VSAT – Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The communications equipment provider reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.34). The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Viasat had a negative net margin of 0.73% and a positive return on equity of 1.58%. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.02) EPS. On average, research analysts predict that Viasat Inc. will post -0.35 EPS for the current fiscal year.

Institutional Investors Weigh In On Viasat

A number of institutional investors and hedge funds have recently modified their holdings of the business. BankChampaign National Association bought a new stake in shares of Viasat during the 1st quarter worth approximately $437,000. Edgestream Partners L.P. lifted its stake in shares of Viasat by 88.4% during the 1st quarter. Edgestream Partners L.P. now owns 29,825 shares of the communications equipment provider’s stock worth $1,366,000 after acquiring an additional 13,998 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Viasat by 11.4% during the 1st quarter. Janus Henderson Group PLC now owns 52,637 shares of the communications equipment provider’s stock worth $2,412,000 after acquiring an additional 5,400 shares during the last quarter. South Dakota Investment Council lifted its stake in shares of Viasat by 92.6% during the 1st quarter. South Dakota Investment Council now owns 336,056 shares of the communications equipment provider’s stock worth $15,391,000 after acquiring an additional 161,552 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Viasat by 78.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,026 shares of the communications equipment provider’s stock worth $184,000 after acquiring an additional 1,766 shares during the last quarter. 86.05% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on VSAT. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $97.00 price target on shares of Viasat in a report on Monday, June 1st. Barclays set a $49.00 price objective on Viasat in a research note on Friday, May 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Viasat in a research note on Monday, April 20th. Needham & Company LLC raised their price objective on Viasat from $58.00 to $90.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Finally, Raymond James Financial set a $74.00 price objective on Viasat and gave the company an “outperform” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $77.13.

View Our Latest Report on VSAT

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.