ViaSat, Inc. (VSAT) Holdings Increased by Blair William & Co. IL

Blair William & Co. IL boosted its stake in shares of ViaSat, Inc. (NASDAQ:VSAT) by 2.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 65,484 shares of the communications equipment provider’s stock after buying an additional 1,565 shares during the period. Blair William & Co. IL owned about 0.11% of ViaSat worth $4,188,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Weil Company Inc. raised its holdings in ViaSat by 16.0% during the 3rd quarter. Weil Company Inc. now owns 6,320 shares of the communications equipment provider’s stock worth $404,000 after buying an additional 870 shares during the period. OppenheimerFunds Inc. grew its stake in ViaSat by 14.8% during the 2nd quarter. OppenheimerFunds Inc. now owns 7,333 shares of the communications equipment provider’s stock valued at $482,000 after acquiring an additional 944 shares in the last quarter. Arizona State Retirement System grew its stake in ViaSat by 2.6% during the 2nd quarter. Arizona State Retirement System now owns 38,036 shares of the communications equipment provider’s stock valued at $2,500,000 after acquiring an additional 951 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in ViaSat by 4.9% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 21,374 shares of the communications equipment provider’s stock valued at $1,405,000 after acquiring an additional 989 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in ViaSat by 1.0% during the 2nd quarter. Rhumbline Advisers now owns 104,858 shares of the communications equipment provider’s stock valued at $6,891,000 after acquiring an additional 1,089 shares in the last quarter.

Several equities analysts have weighed in on VSAT shares. Zacks Investment Research cut ViaSat from a “hold” rating to a “sell” rating in a research note on Tuesday, August 21st. TheStreet cut ViaSat from a “c-” rating to a “d+” rating in a research note on Friday, October 5th. BidaskClub cut ViaSat from a “buy” rating to a “hold” rating in a research note on Friday, August 31st. Needham & Company LLC lowered their target price on ViaSat from $74.00 to $70.00 and set a “buy” rating on the stock in a research note on Monday, August 13th. Finally, Morgan Stanley lowered their target price on ViaSat from $71.00 to $67.00 and set an “equal weight” rating on the stock in a research note on Wednesday, September 12th. Two research analysts have rated the stock with a sell rating, three have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. ViaSat has an average rating of “Hold” and a consensus price target of $66.86.

NASDAQ:VSAT opened at $70.58 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.19 and a current ratio of 1.70. ViaSat, Inc. has a fifty-two week low of $59.16 and a fifty-two week high of $80.26. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of -82.07 and a beta of 0.77.

ViaSat (NASDAQ:VSAT) last released its earnings results on Thursday, November 1st. The communications equipment provider reported ($0.40) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.56) by $0.16. The company had revenue of $517.50 million for the quarter, compared to analysts’ expectations of $468.99 million. ViaSat had a negative return on equity of 4.95% and a negative net margin of 5.87%. The business’s revenue for the quarter was up 32.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.09 EPS. As a group, equities analysts forecast that ViaSat, Inc. will post -1.68 earnings per share for the current fiscal year.

In other ViaSat news, COO Richard A. Baldridge sold 31,700 shares of the company’s stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $63.23, for a total transaction of $2,004,391.00. Following the completion of the sale, the chief operating officer now owns 61,700 shares of the company’s stock, valued at $3,901,291. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director B Allen Lay sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, November 1st. The stock was sold at an average price of $68.00, for a total value of $204,000.00. The disclosure for this sale can be found here. In the last three months, insiders sold 162,372 shares of company stock valued at $10,968,466. 8.10% of the stock is currently owned by company insiders.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by Community Financial News and is the property of of Community Financial News. If you are reading this piece of content on another site, it was illegally copied and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at https://www.com-unik.info/2018/12/04/viasat-inc-vsat-holdings-increased-by-blair-william-co-il.html.

ViaSat Profile

Viasat, Inc provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband Internet access and voice over Internet protocol services to consumers and businesses; in-flight Internet and aviation software services to commercial airlines; and mobile broadband services comprising network management and high-speed Internet connectivity services for customers using airborne, maritime, and ground mobile satellite systems.

Read More: Capital gains and your 401(k) or IRA

Institutional Ownership by Quarter for ViaSat (NASDAQ:VSAT)

Receive News & Ratings for ViaSat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ViaSat and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit