What Will Happen to Viasat, Inc. (VSAT) Next? The Stock Just Reaches All Time High

Viasat, Inc. (NASDAQ:VSAT) Logo

Investors sentiment decreased to 0.88 in Q4 2018. Its down 0.37, from 1.25 in 2018Q3. It dropped, as 15 investors sold Viasat, Inc. shares while 59 reduced holdings. 21 funds opened positions while 44 raised stakes. 60.72 million shares or 0.62% less from 61.10 million shares in 2018Q3 were reported.
Teachers Retirement Sys Of The State Of Kentucky reported 0.01% stake. Horizon Kinetics Ltd Company reported 0.03% stake. Citadel Advsr Llc has 63,706 shares. Tiaa Cref Ltd Liability Co holds 0.01% of its portfolio in Viasat, Inc. (NASDAQ:VSAT) for 137,021 shares. Mutual Of America Mngmt Ltd Liability invested in 0.19% or 195,012 shares. Cubist Systematic Strategies Lc holds 8,843 shares or 0.02% of its portfolio. Vanguard Grp Inc Inc reported 5.26 million shares or 0.01% of all its holdings. Texas-based Utd Automobile Association has invested 0% in Viasat, Inc. (NASDAQ:VSAT). 7,919 are held by Amalgamated Bankshares. 3,850 are held by Aperio Group Inc Limited Com. Art Advsrs reported 9,367 shares or 0.04% of all its holdings. Prudential has 0% invested in Viasat, Inc. (NASDAQ:VSAT) for 36,114 shares. Northwestern Mutual Wealth Mngmt has invested 0% in Viasat, Inc. (NASDAQ:VSAT). Ubs Asset Mngmt Americas Inc invested in 0% or 40,933 shares. Great West Life Assurance Can has invested 0.01% of its portfolio in Viasat, Inc. (NASDAQ:VSAT).

Since November 1, 2018, it had 0 insider purchases, and 12 insider sales for $17.62 million activity. Shares for $143,000 were sold by LAY B ALLEN. $6.14M worth of Viasat, Inc. (NASDAQ:VSAT) was sold by BALDRIDGE RICHARD A. Ryan David Louis sold $187,655 worth of Viasat, Inc. (NASDAQ:VSAT) on Friday, November 9. On Thursday, November 1 DANKBERG MARK D sold $6.09 million worth of Viasat, Inc. (NASDAQ:VSAT) or 89,260 shares. On Wednesday, February 13 Dirks Bruce Leroy sold $1.84M worth of Viasat, Inc. (NASDAQ:VSAT) or 25,000 shares. $464,401 worth of Viasat, Inc. (NASDAQ:VSAT) was sold by Abts Doug.

The stock of Viasat, Inc. (NASDAQ:VSAT) reached all time high today, Apr, 17 and still has $93.40 target or 6.00 % above today’s $88.11 share price. This indicates more upside for the $5.33 billion company. This technical setup was reported by Barchart.com. If the $93.40 PT is reached, the company will be worth $319.74 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 1.09% or $0.95 during the last trading session, reaching $88.11. About 108,901 shares traded. Viasat, Inc. (NASDAQ:VSAT) has risen 9.77% since April 17, 2018 and is uptrending. It has outperformed by 5.40% the S&P500.

Analysts await Viasat, Inc. (NASDAQ:VSAT) to report earnings on May, 23. They expect $-0.25 earnings per share, up 19.35 % or $0.06 from last year’s $-0.31 per share. After $-0.17 actual earnings per share reported by Viasat, Inc. for the previous quarter, Wall Street now forecasts 47.06 % negative EPS growth.

Viasat, Inc. (NASDAQ:VSAT) Ratings Coverage

Among 2 analysts covering Viasat (NASDAQ:VSAT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Viasat had 4 analyst reports since November 15, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, November 30. Raymond James maintained the shares of VSAT in report on Thursday, November 15 with “Outperform” rating. Morgan Stanley maintained Viasat, Inc. (NASDAQ:VSAT) on Thursday, March 21 with “Hold” rating.

More notable recent Viasat, Inc. (NASDAQ:VSAT) news were published by: Nasdaq.com which released: “KVH Introduces World’s Fastest 1 Meter Ku/C-band Maritime VSAT Antenna for Global Connectivity – Nasdaq” on March 28, 2019, also Nasdaq.com with their article: “Why Viasat Stock Popped 13% Today – Nasdaq” published on February 08, 2019, Nasdaq.com published: “KVH Expands HTS Maritime Network for Entire Pacific Ocean Region – Nasdaq” on March 21, 2019. More interesting news about Viasat, Inc. (NASDAQ:VSAT) were released by: Benzinga.com and their article: “Access The Final Frontier With A New ETF – Benzinga” published on April 12, 2019 as well as Prnewswire.com‘s news article titled: “Viasat Launches Managed Wi-Fi Service for Small and Medium Businesses – PRNewswire” with publication date: April 09, 2019.

ViaSat, Inc. provides broadband and communications services and products worldwide. The company has market cap of $5.33 billion. The companyÂ’s Satellite Services segment offers fixed broadband services, including broadband Internet access and voice over Internet protocol services under the Exede and WildBlue brands to clients and businesses; in-flight Internet and aviation software services to commercial airlines; mobile broadband services comprising network management and high-speed Internet connectivity services for clients using airborne, maritime, and ground mobile satellite systems; and enterprise broadband services. It currently has negative earnings. As of March 31, 2017, this segment provided broadband Internet services to approximately 659,000 consumer and small business subscribers.

Viasat, Inc. (NASDAQ:VSAT) Institutional Positions Chart

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