New York State Teachers Retirement System raised its stake in shares of Viasat Inc. (NASDAQ:VSAT – Free Report) by 40.0% in the third quarter, Holdings Channel.com reports. The firm owned 110,070 shares of the communications equipment provider’s stock after buying an additional 31,447 shares during the period. New York State Teachers Retirement System’s holdings in Viasat were worth $3,225,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Edgestream Partners L.P. purchased a new stake in shares of Viasat in the second quarter valued at about $1,099,000. Quantbot Technologies LP bought a new stake in Viasat in the 2nd quarter worth about $3,066,000. Neuberger Berman Group LLC grew its position in Viasat by 6.8% in the 2nd quarter. Neuberger Berman Group LLC now owns 5,541,636 shares of the communications equipment provider’s stock worth $80,908,000 after purchasing an additional 351,404 shares in the last quarter. Panagora Asset Management Inc. purchased a new stake in Viasat in the 2nd quarter valued at about $1,601,000. Finally, AlphaQuest LLC lifted its position in shares of Viasat by 746.4% during the 2nd quarter. AlphaQuest LLC now owns 13,567 shares of the communications equipment provider’s stock worth $198,000 after buying an additional 11,964 shares in the last quarter. 86.05% of the stock is owned by institutional investors.
Trending Headlines about Viasat
Here are the key news stories impacting Viasat this week:
- Positive Sentiment: Viasat and BSNL named as partners to support the Indian Navy’s next SATCOM upgrade, positioning Viasat to supply Ka‑band equipment and services for maritime satellite communications — a contract pipeline win that could drive backlog and service revenue. BSNL, Viasat support next phase of Indian Navy SATCOM upgrade
- Positive Sentiment: Multiple outlets report the BSNL–Viasat work will deploy Ka‑band SATCOM for the Navy, indicating a technical scope (hardware + services) that can translate into multi‑year revenue and higher service margin potential. BSNL, Viasat to deploy Ka-band satcom for next phase of Indian Navy upgrade
- Positive Sentiment: BusinessWorld and OutlookBusiness coverage reinforce the same contract narrative, adding momentum and broader market awareness of Viasat’s defense-commercial opportunities in India. Increased visibility can help sentiment and multiple expansion for VSAT. Indian Navy Set To Upgrade Satellite Communications With BSNL, Viasat
- Positive Sentiment: Seeking Alpha published a bullish piece calling Viasat “a satellite leader with room to grow” and labeling it a buy, which can influence retail/institutional attention and contributed to upward price momentum. Viasat: A Satellite Leader With Room To Grow – Buy
- Neutral Sentiment: A market‑oriented piece summarizes why VSAT traded higher today, largely citing the India NAVY/BSNL headlines and broader sector flows rather than new financials. Useful for context on intraday drivers but not new company disclosures. Viasat (VSAT) stock trades up, here is why
- Neutral Sentiment: An ETF/sector piece notes Viasat’s exposure to digital connectivity trends in Nasdaq‑100‑related flows; this is background positioning rather than company‑specific news. Viasat Inc (NASDAQ:VSAT) Digital Connectivity Trends In Nasdaq 100 ETF
- Neutral Sentiment: A broader article on Indian armed forces boosting defense tech cites new contracts and modernization trends that create a tailwind for suppliers like Viasat, but it doesn’t add firm‑level details beyond the Navy item. Indian Armed Forces Boost Defence Tech & Communication with Innovative Contracts
Analyst Upgrades and Downgrades
View Our Latest Stock Report on Viasat
Insider Buying and Selling
In related news, CEO Mark D. Dankberg sold 100,000 shares of the business’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $40.34, for a total transaction of $4,034,000.00. Following the sale, the chief executive officer directly owned 1,434,993 shares in the company, valued at approximately $57,887,617.62. The trade was a 6.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Robert James Blair sold 2,269 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $35.61, for a total value of $80,799.09. Following the completion of the transaction, the senior vice president owned 68,519 shares of the company’s stock, valued at approximately $2,439,961.59. This represents a 3.21% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 356,529 shares of company stock worth $13,105,888. Insiders own 2.20% of the company’s stock.
Viasat Price Performance
NASDAQ VSAT opened at $45.94 on Friday. The company has a quick ratio of 1.84, a current ratio of 2.08 and a debt-to-equity ratio of 1.43. The company has a market cap of $6.21 billion, a PE ratio of -11.49 and a beta of 1.39. Viasat Inc. has a 52 week low of $7.36 and a 52 week high of $46.43. The firm’s 50-day simple moving average is $36.20 and its two-hundred day simple moving average is $30.63.
Viasat (NASDAQ:VSAT – Get Free Report) last posted its quarterly earnings results on Saturday, November 8th. The communications equipment provider reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.20. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.15 billion. Viasat had a negative net margin of 11.40% and a negative return on equity of 3.65%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.23) earnings per share. Research analysts predict that Viasat Inc. will post -0.54 earnings per share for the current year.
Viasat Company Profile
Viasat, Inc (NASDAQ: VSAT) provides high‐capacity satellite broadband and wireless communications services to consumer, commercial and government customers worldwide. The company designs and operates satellite systems and network infrastructure to deliver secure, high-speed connectivity across remote and underserved regions, as well as managed networking solutions for enterprises and public sector agencies.
Viasat’s product offerings include residential and enterprise satellite internet services, in-flight connectivity for commercial airlines and business jets, and secure networking platforms tailored to defense and intelligence users.
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