Stocks of Viasat, Inc (NASDAQ:VSAT) traded higher last session on Wall Street, up 0.70% to $10.08.
VSAT stock price is now 5.09% away from the 50-day moving average and -6.46% away from the 200-day moving average. The market capitalization of the company currently stands at $1.30B.
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With the price target maintained at $15, Deutsche Bank recently Upgraded its rating from Hold to Buy for Viasat, Inc (NASDAQ: VSAT). On January 24, 2025, Cantor Fitzgerald recently initiated its ‘Neutral’ rating on the stock quoting a target price of $12, while ‘Needham’ rates the stock as ‘Buy’
In other news, TRITON LUXTOPHOLDING SARL, sold 3,750,000 shares of the company’s stock on Feb 10 ’25. The stock was sold for $33,750,000 at an average price of $9.00. Upon completion of the transaction, the now directly owns 4,795,334 shares in the company, valued at $48.34 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 10 ’25, ONTARIO TEACHERS PENSION PLAN sold 3,750,000 shares of the business’s stock. A total of $33,750,000 was realized by selling the stock at an average price of $9.00. This leaves the insider owning 4,795,334 shares of the company worth $48.34 million. A total of 13.32% of the company’s stock is owned by insiders.
During the past 12 months, Viasat, Inc has had a low of $6.69 and a high of $26.70. As of last week, the company has a debt-to-equity ratio of 1.64, a current ratio of 1.72, and a quick ratio of 1.55. The fifty day moving average price for VSAT is $9.5922 and a two-hundred day moving average price translates $10.77615 for the stock.
The latest earnings results from Viasat, Inc (NASDAQ: VSAT) was released for 2025-03-31. The net profit margin was -12.72% and return on equity was -12.00% for VSAT. The company reported revenue of $1.12 billion for the quarter, compared to $1.13 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.42 percent.
