Viasat, Inc’s recent filing unveils that its Affiliate CPP Investment Board Private H acquired Company’s shares for reported $41.89 million on Feb 10 ’25. In the deal valued at $11.17 per share,3,750,000 shares were bought.
Then, Ontario Teachers’ Pension Plan bought 3,750,000 shares, generating $41,887,500 in total proceeds.
Before that, Triton LuxTopHolding SARL bought 3,750,000 shares. Viasat, Inc shares valued at $41,887,500 were divested by the Affiliate at a price of $11.17 per share.
Cantor Fitzgerald initiated its Viasat, Inc [VSAT] rating to a Neutral in a research note published on January 24, 2025; the price target was $12. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid October has reiterated a ‘”a Buy”‘ rating for it. JP Morgan also remained covering VSAT and has decreased its forecast on September 17, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. JP Morgan revised its rating on October 17, 2023. It rated VSAT as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of VSAT
On Monday, Viasat, Inc [NASDAQ:VSAT] saw its stock fall -1.85% to $11.17. Over the last five days, the stock has gained 21.02%. Viasat, Inc shares have risen nearly 31.26% since the year began. Nevertheless, the stocks have fallen -40.08% over the past one year. While a 52-week high of $26.70 was reached on 01/21/25, a 52-week low of $6.69 was recorded on 01/15/25. SMA at 50 days reached $9.40, while 200 days put it at $13.12.
Levels Of Support And Resistance For VSAT Stock
The 24-hour chart illustrates a support level at 10.68, which if violated will result in even more drops to 10.18. On the upside, there is a resistance level at 11.99. A further resistance level may holdings at 12.80. The Relative Strength Index (RSI) on the 14-day chart is 59.91, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.57%. Stochastics %K at 52.82% 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 2025-01-15, growing by 0.77 million shares to a total of 24.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 23.63 million shares. There was a rise of 3.14%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 17, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $22 price target.
