Director, BALDRIDGE RICHARD A sold 3,492 shares of Viasat Inc. [VSAT]


Viasat Inc.’s filing revealed that its Director BALDRIDGE RICHARD A unloaded Company’s shares for reported $96205.0 on Aug 21. In the deal valued at $27.55 per share,3,492 shares were sold. As a result of this transaction, BALDRIDGE RICHARD A now holds 0 shares worth roughly $ 0.0.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


Then, Dodd James Michael sold 5,000 shares, generating $156,550 in total proceeds. Upon selling the shares at $31.31, the President, Global Mobile now owns 17,856 shares.

Before that, Miller Craig Andrew sold 200 shares. Viasat Inc. shares valued at $5,712 were divested by the Pres. Government Systems at a price of $28.56 per share. As a result of the transaction, Miller Craig Andrew now holds 9,692 shares, worth roughly $0.25 million.

PT values the company’s stock at a premium of 25.03 to its Tuesday closing price.

Price Performance Review of VSAT

On Tuesday, Viasat Inc. [NASDAQ:VSAT] saw its stock fall -9.17% to $26.24. On the same session, the stock had its day’s lowest price of $25.98, but rose to a high of $28.58. Over the last five days, the stock has lost -2.02%. Viasat Inc. shares have fallen nearly -17.09% since the year began. Nevertheless, the stocks have fallen -28.95% over the past one year. While a 52-week high of $47.35 was reached on 06/02/23, a 52-week low of $25.04 was recorded on 08/25/23. SMA at 50 days reached $32.22, while 200 days put it at $34.64. A total of 2.3 million shares were traded, compared to the trading of 0.9 million shares in the previous session.

Levels Of Support And Resistance For VSAT Stock

The 24-hour chart illustrates a support level at 25.29, which if violated will result in even more drops to 24.33. On the upside, there is a resistance level at 27.89. A further resistance level may holdings at 29.53. The Relative Strength Index (RSI) on the 14-day chart is 38.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.55%. Stochastics %K at 44.29% indicates the stock is a holding.

How much short interest is there in Viasat Inc.?

A steep rise in short interest was recorded in Viasat Inc. stocks on Aug 14, 2023, growing by 0.45 million shares to a total of 8.04 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 7.59 million shares. There was a rise of 5.6%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 7.72% of the overall stock float, the days-to-cover ratio (short ratio) rose to 7.06.

Viasat Inc. [VSAT] – Who Are The Largest Shareholders?

In filings from The Baupost Group LLC, it is revealed that the company now owns 16,288,959 shares, or roughly 13.13% of the outstanding VSAT shares. Over the last quarter, BlackRock Fund Advisors sold -379,418 shares of Viasat Inc., while The Vanguard Group, Inc. sold 332,985 shares. At present, FPR Partners LLC is holding 4,425,161 shares valued at $136.91 million. Dimensional Fund Advisors LP owned 3,188,795 shares of the company at the time of its most recent 13F filing, worth $98.66 million.

According to FactSet, Viasat Inc.’s share price will average $47.17 in the next year, based on opinions of analysts polled by the firm. This is up nearly 59.22 percent from its previous closing price of $28.89. Analysts expect Viasat Inc. stock to reach the higher price of $66.00, while the lowest price estimate is $34.00. However, 8 analysts have rated VSAT stock as an Overweight in their predictions for 2023.


Please enter your comment!
Please enter your name here