Viasat (VSAT) – Research Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Viasat (NASDAQ: VSAT) in the last few weeks:

• 2/10/2025 – Viasat had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $19.00 price target on the stock.
• 2/7/2025 – Viasat had its “market perform” rating reaffirmed by analysts at William Blair.
• 2/4/2025 – Viasat had its price target lowered by analysts at Morgan Stanley from $26.00 to $12.00. They now have an “equal weight” rating on the stock.
• 1/24/2025 – Viasat is now covered by analysts at Cantor Fitzgerald. They set a “neutral” rating and a $12.00 price target on the stock.
• 1/21/2025 – Viasat had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $19.00 price target on the stock.

Viasat Stock Performance

Shares of VSAT stock opened at $9.23 on Friday. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of -2.75 and a beta of 1.35. The company has a current ratio of 1.44, a quick ratio of 1.34 and a debt-to-equity ratio of 1.28. The business’s 50-day moving average price is $9.34 and its 200-day moving average price is $11.71. Viasat, Inc. has a 12 month low of $6.69 and a 12 month high of $26.70.

Viasat (NASDAQ:VSAT) last announced its earnings results on Thursday, February 6th. The communications equipment provider reported ($1.23) EPS for the quarter, missing the consensus estimate of ($0.53) by ($0.70). Viasat had a negative return on equity of 8.28% and a negative net margin of 9.49%. Equities research analysts forecast that Viasat, Inc. will post -2.78 EPS for the current year.

Insider Buying and Selling at Viasat

In related news, insider Cpp Investment Board Private H sold 3,750,000 shares of the company’s stock in a transaction on Monday, February 10th. The stock was sold at an average price of $9.00, for a total transaction of $33,750,000.00. Following the completion of the sale, the insider now owns 4,795,334 shares in the company, valued at approximately $43,158,006. This represents a 43.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mark J. Miller sold 3,564 shares of the firm’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $9.21, for a total value of $32,824.44. Following the transaction, the executive vice president now owns 350,351 shares in the company, valued at approximately $3,226,732.71. This trade represents a 1.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.20% of the company’s stock.

Institutional Trading of Viasat

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Viasat by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 13,773,860 shares of the communications equipment provider’s stock worth $117,216,000 after purchasing an additional 194,006 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in shares of Viasat by 16.1% in the fourth quarter. Neuberger Berman Group LLC now owns 5,044,364 shares of the communications equipment provider’s stock valued at $42,912,000 after acquiring an additional 700,533 shares in the last quarter. State Street Corp increased its position in shares of Viasat by 6.6% during the third quarter. State Street Corp now owns 4,445,811 shares of the communications equipment provider’s stock valued at $53,083,000 after acquiring an additional 276,376 shares during the last quarter. Disciplined Growth Investors Inc. MN lifted its holdings in Viasat by 28.1% during the third quarter. Disciplined Growth Investors Inc. MN now owns 4,419,223 shares of the communications equipment provider’s stock worth $52,766,000 after acquiring an additional 969,942 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Viasat by 5.1% during the third quarter. Geode Capital Management LLC now owns 2,508,056 shares of the communications equipment provider’s stock worth $29,950,000 after acquiring an additional 122,472 shares during the period. Hedge funds and other institutional investors own 86.05% of the company’s stock.

Viasat, Inc provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband internet access and voice over internet protocol services to consumers and businesses; in-flight entertainment and aviation software services to commercial airlines and private business jets; satellite-based connectivity services; mobile broadband services, including satellite-based internet services to energy offshore vessels, cruise ships, consumer ferries, and yachts; and energy services, which include ultra-secure solutions IP connectivity, bandwidth-optimized over-the-top applications, industrial internet-of-things big data enablement, and industry-leading machine learning analytics.