New insider activity at ViaSat ( (VSAT) ) has taken place on February 13, 2025.
TRITON LUXTOPHOLDING SARL recently made headlines by selling a massive 3,750,000 shares of ViaSat stock. This significant transaction was valued at a whopping $33,750,000, marking a notable shift in their investment strategy.
Recent Updates on VSAT stock
In the past 24 hours, ViaSat Inc has experienced notable developments following its Q3 earnings call. The company showcased significant growth in its aviation and defense segments, with particular strength in commercial in-flight connectivity and defense contracts. However, ViaSat faced challenges in its fixed broadband and maritime sectors, leading to revenue declines. A major financial update was the $97 million non-cash loss on debt refinancing, which contributed to an increased net loss. Morgan Stanley adjusted ViaSat’s price target downward, citing competitive pressures in key markets despite a recent government contract win for NASA’s Near Space Network Services. The company remains optimistic about future growth, driven by strategic initiatives including the integration of Inmarsat and the upcoming launch of ViaSat-3 satellites.
More about ViaSat
YTD Price Performance: -7.35%
Average Trading Volume: 3,878,716
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.43B