Fuller & Thaler Asset Management Inc. lowered its position in shares of ViaSat, Inc. (NASDAQ:VSAT) by 3.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,700 shares of the communications equipment provider’s stock after selling 1,500 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 0.06% of ViaSat worth $2,425,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. grew its holdings in ViaSat by 1.6% during the second quarter. BlackRock Inc. now owns 5,478,099 shares of the communications equipment provider’s stock valued at $362,651,000 after purchasing an additional 84,457 shares during the period. Vanguard Group Inc. grew its holdings in ViaSat by 0.7% during the second quarter. Vanguard Group Inc. now owns 4,459,294 shares of the communications equipment provider’s stock valued at $295,205,000 after purchasing an additional 30,325 shares during the period. New South Capital Management Inc. grew its holdings in ViaSat by 12.2% during the second quarter. New South Capital Management Inc. now owns 2,309,525 shares of the communications equipment provider’s stock valued at $152,891,000 after purchasing an additional 251,890 shares during the period. Odey Asset Management Group Ltd grew its holdings in ViaSat by 23.2% during the second quarter. Odey Asset Management Group Ltd now owns 2,148,954 shares of the communications equipment provider’s stock valued at $142,261,000 after purchasing an additional 404,251 shares during the period. Finally, State Street Corp grew its holdings in ViaSat by 5.3% during the second quarter. State Street Corp now owns 1,762,352 shares of the communications equipment provider’s stock valued at $116,669,000 after purchasing an additional 88,421 shares during the period. Hedge funds and other institutional investors own 99.42% of the company’s stock.

ViaSat, Inc. (NASDAQ:VSAT) opened at $73.64 on Friday. The company has a quick ratio of 1.71, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. ViaSat, Inc. has a one year low of $57.75 and a one year high of $74.95. The firm has a market cap of $4,286.26, a P/E ratio of 1,472.00 and a beta of 0.74.

ViaSat (NASDAQ:VSAT) last announced its quarterly earnings results on Wednesday, November 8th. The communications equipment provider reported $0.09 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.07. ViaSat had a negative net margin of 0.75% and a positive return on equity of 0.13%. The firm had revenue of $393.10 million for the quarter, compared to analyst estimates of $401.83 million. During the same quarter in the previous year, the firm posted $0.40 earnings per share. The business’s revenue was down 1.5% on a year-over-year basis. equities research analysts expect that ViaSat, Inc. will post -0.98 EPS for the current year.

VSAT has been the subject of a number of analyst reports. Royal Bank Of Canada decreased their price objective on shares of ViaSat from $50.00 to $48.00 and set an “underperform” rating for the company in a report on Thursday, October 5th. Jefferies Group LLC set a $67.00 price objective on shares of ViaSat and gave the company a “hold” rating in a report on Sunday, September 10th. Needham & Company LLC upgraded shares of ViaSat from a “hold” rating to a “buy” rating and set a $78.00 price objective for the company in a report on Friday, November 10th. Zacks Investment Research upgraded shares of ViaSat from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. Finally, B. Riley restated a “buy” rating and set a $89.00 price objective on shares of ViaSat in a report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company. ViaSat currently has a consensus rating of “Hold” and an average price target of $73.36.

In other ViaSat news, Director John P. Stenbit sold 700 shares of ViaSat stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $63.70, for a total value of $44,590.00. Following the transaction, the director now owns 8,700 shares of the company’s stock, valued at $554,190. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Keven K. Lippert sold 1,200 shares of ViaSat stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $69.20, for a total transaction of $83,040.00. Following the completion of the transaction, the insider now directly owns 2,949 shares in the company, valued at approximately $204,070.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 128,300 shares of company stock worth $8,169,794. Insiders own 7.70% of the company’s stock.

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ViaSat Company Profile

ViaSat, Inc is engaged in broadband technologies and services. The Company operates through three segments: satellite services, commercial networks and government systems. The satellite services segment provides satellite-based broadband services to consumers, enterprises, commercial airlines and mobile broadband customers primarily in the United States.

Institutional Ownership by Quarter for ViaSat (NASDAQ:VSAT)

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