Sei Investments Co. Decreases Stock Position in Viasat Inc. $VSAT

Sei Investments Co. cut its holdings in Viasat Inc. (NASDAQ:VSAT) by 7.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,792 shares of the communications equipment provider’s stock after selling 6,234 shares during the quarter. Sei Investments Co. owned 0.06% of Viasat worth $3,563,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Valued Wealth Advisors LLC purchased a new position in shares of Viasat in the first quarter worth $25,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Viasat during the fourth quarter valued at $36,000. Los Angeles Capital Management LLC bought a new stake in Viasat in the 4th quarter worth about $38,000. EFG International AG purchased a new position in Viasat in the 4th quarter worth about $41,000. Finally, Danske Bank A S purchased a new position in Viasat in the 4th quarter worth about $47,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $97.00 price target on shares of Viasat in a report on Monday, June 1st. New Street Research initiated coverage on shares of Viasat in a report on Wednesday, May 13th. They set a “buy” rating and a $100.00 price objective for the company. Needham & Company LLC raised their target price on shares of Viasat from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday. Barclays set a $49.00 target price on shares of Viasat in a research note on Friday, May 29th. Finally, B. Riley Financial increased their price target on Viasat from $94.00 to $106.00 and gave the company a “buy” rating in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $85.78.

Viasat Stock Performance

Shares of VSAT opened at $81.99 on Friday. The business has a 50-day simple moving average of $72.30 and a two-hundred day simple moving average of $60.57. The company has a quick ratio of 2.19, a current ratio of 1.68 and a debt-to-equity ratio of 1.23. Viasat Inc. has a 52 week low of $24.95 and a 52 week high of $93.03. The stock has a market cap of $11.29 billion, a price-to-earnings ratio of -341.62 and a beta of 1.72.

Viasat (NASDAQ:VSAT) last announced its quarterly earnings data on Thursday, May 28th. The communications equipment provider reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.34). The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.20 billion. Viasat had a negative net margin of 0.64% and a positive return on equity of 1.44%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.02) earnings per share. On average, analysts expect that Viasat Inc. will post -0.28 EPS for the current year.

Key Headlines Impacting Viasat

Here are the key news stories impacting Viasat this week:

• Positive Sentiment: Viasat reported fiscal Q1 2027 adjusted earnings of $0.17 per share, above the approximately $0.10 consensus estimate. Lower interest expense helped improve profitability and supported the earnings beat. Viasat Q1 Earnings Surpass Estimates
• Positive Sentiment: Management expects roughly $180 million in fiscal 2027 free cash flow while maintaining its $950 million-$1 billion capital-expenditure plan. Record Direct-to-Air awards and growth in government, aviation and maritime connectivity also reinforce the long-term outlook. Viasat Free Cash Flow Outlook
• Positive Sentiment: Two ViaSat-3 satellites are nearing service, potentially adding capacity for commercial and government customers. Needham raised its price target from $90 to $105 and maintained a Buy rating, providing additional support for the stock’s valuation. Needham Raises Viasat Price Target
• Neutral Sentiment: Viasat’s recent rally has increased investor focus on whether ViaSat-3 commercialization, new contracts and improved cash generation can justify the higher valuation. Competitive pressure and execution remain important risks. Viasat Rally and Outlook
• Negative Sentiment: Quarterly revenue of approximately $1.16 billion missed the $1.20 billion analyst estimate and declined year over year. The revenue shortfall raises concerns about near-term demand despite the adjusted earnings beat.
• Negative Sentiment: Several insiders sold shares: Director Theresa Wise sold 2,500 shares, Director John Stenbit sold 616 shares, and SVP Benjamin Palmer sold 2,400 shares. These transactions are a modest negative signal, although insider selling can reflect personal liquidity needs rather than a change in company fundamentals. Viasat Insider Selling

Insider Buying and Selling at Viasat

In other Viasat news, Director Richard A. Baldridge sold 27,122 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $71.74, for a total value of $1,945,732.28. Following the completion of the transaction, the director directly owned 213,355 shares in the company, valued at $15,306,087.70. This represents a 11.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Mark D. Dankberg sold 400,000 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $64.76, for a total transaction of $25,904,000.00. Following the sale, the chief executive officer owned 1,082,196 shares in the company, valued at $70,083,012.96. The trade was a 26.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 448,319 shares of company stock valued at $29,383,832. 1.40% of the stock is currently owned by company insiders.

About Viasat

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.