November 23, 2016 - By Marie Mckinney
Keven Lippert, Exec. VP and Secretary of Viasat Inc, in an insider selling sold some 8,750 shares whose sum is estimated to be $633,340 at average stock price of $72.4. Right now, Keven Lippert has a total of 1,400 shares or 0.00% of the Company’s market capitalization.
Out of 4 analysts covering ViaSat (NASDAQ:VSAT), 0 rate it a “Buy”, 3 “Sell”, while 1 “Hold”. This means 0 are positive. ViaSat has been the topic of 4 analyst reports since October 13, 2015 according to StockzIntelligence Inc. The firm earned “Underperform” rating on Wednesday, November 16 by Macquarie Research. The firm has “Sell” rating given on Monday, May 23 by Drexel Hamilton. The rating was maintained by Wunderlich with “Sell” on Wednesday, November 9. The stock of ViaSat, Inc. (NASDAQ:VSAT) earned “Market Perform” rating by Wells Fargo on Tuesday, October 13.
Insitutional Activity: The institutional sentiment increased to 1.57 in Q2 2016. Its up 0.41, from 1.16 in 2016Q1. The ratio improved, as 19 funds sold all ViaSat, Inc. shares owned while 45 reduced positions. 20 funds bought stakes while 54 increased positions. They now own 45.33 million shares or 0.76% less from 45.68 million shares in 2016Q1.
Checchi Advisers Ltd Liability Company last reported 0% of its portfolio in the stock. Aqr Cap Management Limited Liability Company, a Connecticut-based fund reported 12,326 shares. Engines Advsr Lc accumulated 30,536 shares or 1.83% of the stock. Thompson Siegel & Walmsley Ltd Llc has 100 shares for 0% of their US portfolio. Rhumbline Advisers has 83,737 shares for 0.02% of their US portfolio. Moreover, Proshare Advsrs has 0.01% invested in ViaSat, Inc. (NASDAQ:VSAT) for 10,690 shares. Arizona State Retirement System accumulated 0.02% or 19,100 shares. Bank & Trust Of Montreal Can has 0% invested in the company for 36,982 shares. Oregon Pub Employees Retirement Fund has invested 0.02% of its portfolio in ViaSat, Inc. (NASDAQ:VSAT). Savings Bank Of Mellon accumulated 458,776 shares or 0.01% of the stock. Deutsche Fincl Bank Ag has 18,582 shares for 0% of their US portfolio. Teachers Retirement Systems Of The State Of Kentucky holds 0.01% or 9,500 shares in its portfolio. Blackrock Ltd Liability holds 278,636 shares or 0.03% of its portfolio. The Pennsylvania-based Nationwide Fund has invested 0.03% in ViaSat, Inc. (NASDAQ:VSAT). Barclays Public Limited Co has invested 0% of its portfolio in ViaSat, Inc. (NASDAQ:VSAT).
Insider Transactions: Since June 1, 2016, the stock had 0 buys, and 14 sales for $11.73 million net activity. The insider BALDRIDGE RICHARD A sold $1.70 million. DANKBERG MARK D had sold 26,250 shares worth $1.98 million on Monday, August 15. Shares for $300,617 were sold by Peterman Ken Allen. Another trade for 8,750 shares valued at $645,838 was sold by Lippert Keven K. $49,945 worth of ViaSat, Inc. (NASDAQ:VSAT) was sold by STENBIT JOHN P on Friday, July 1. The insider WHITE HARVEY sold 2,800 shares worth $198,212.
The stock decreased 0.30% or $0.22 during the last trading session, hitting $72.29. About 758,445 shares traded hands or 50.51% up from the average. ViaSat, Inc. (NASDAQ:VSAT) has declined 3.37% since April 21, 2016 and is downtrending. It has underperformed by 8.70% the S&P500.
ViaSat, Inc. is engaged in broadband technologies and services. The company has a market cap of $4.02 billion. The Firm operates through three divisions: satellite services, commercial networks and government systems. It has a 133.81 P/E ratio. The satellite services segment provides satellite broadband services to consumers, enterprises, commercial airlines and mobile broadband clients primarily in the United States.
According to Zacks Investment Research, “ViaSat Inc. designs, produces and markets advanced digital satellite telecommunications and other networking and signal processing equipment. The company has been developing and marketing its technology through strategic alliances for emerging commercial markets, such as private corporate networks, mobile applications, alternative carrier access and broadband Internet/Intranet access by satellite to multiple servers.”
More recent ViaSat, Inc. (NASDAQ:VSAT) news were published by: Prnewswire.com which released: “ViaSat Announces Pricing of Public Offering of Common Stock” on November 18, 2016. Also Prnewswire.com published the news titled: “ViaSat Brings Faster Service and Unbeatable Service Plans to Business Jet Users” on November 01, 2016. Prnewswire.com‘s news article titled: “ViaSat Sets November 8, 2016 for Q2 2017 Fiscal Year Earnings Conference Call ..” with publication date: November 01, 2016 was also an interesting one.
ViaSat, Inc., incorporated on October 25, 1996, is engaged in broadband technologies and services. The Firm operates through three divisions: satellite services, commercial networks and government systems. The Company’s end-to-end platform of Ka-band satellites, ground infrastructure and user terminals enables it to provide broadband solutions to enterprises, clients and government users around the globe.
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