In a filing, Viasat, Inc revealed its TRITON LUXTOPHOLDING SARL unloaded Company’s shares for reported $33.75 million on Feb 10 ’25. In the deal valued at $9.00 per share,3,750,000 shares were sold. As a result of this transaction, TRITON LUXTOPHOLDING SARL now holds 4,795,334 shares worth roughly $42.68 million.
Then, ONTARIO TEACHERS PENSION PLAN sold 3,750,000 shares, generating $33,750,000 in total proceeds. Upon selling the shares at $9.00, the now owns 4,795,334 shares.
Before that, CPP Investment Board Private H sold 3,750,000 shares. Viasat, Inc shares valued at $33,750,000 were divested by the at a price of $9.00 per share. As a result of the transaction, CPP Investment Board Private H now holds 4,795,334 shares, worth roughly $42.68 million.
Deutsche Bank upgraded its Viasat, Inc [VSAT] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in late January with a ‘”a Neutral”‘ rating. Needham also remained covering VSAT and reiterated its “Buy” recommendation on October 15, 2024. JP Morgan revised its rating on September 17, 2024. It rated VSAT as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of VSAT
On Friday, Viasat, Inc [NASDAQ:VSAT] saw its stock fall -3.68% to $8.90. Over the last five days, the stock has lost -18.50%. Viasat, Inc shares have risen nearly 4.58% since the year began. Nevertheless, the stocks have fallen -46.06% 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 $9.71, while 200 days put it at $11.83.
Levels Of Support And Resistance For VSAT Stock
The 24-hour chart illustrates a support level at 8.07, which if violated will result in even more drops to 7.25. On the upside, there is a resistance level at 9.65. A further resistance level may holdings at 10.41. The Relative Strength Index (RSI) on the 14-day chart is 40.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.26%. Stochastics %K at 19.94% indicates the stock is a buying.
How much short interest is there in Viasat, Inc?
A steep rise in short interest was recorded in Viasat, Inc stocks on 2025-03-14, growing by 2.44 million shares to a total of 24.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 21.65 million shares. There was a rise of 10.14%, which implies that there is a positive sentiment for the stock.
