Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Viasat, Inc (NASDAQ: VSAT) was $9.05 for the day, up 4.38% from the previous closing price of $8.67. In other words, the price has increased by $4.38 from its previous closing price. On the day, 1.48 million shares were traded.
Ratios:
Our analysis of VSAT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 1.58 whereas as Long-Term Debt/Eq ratio is at 1.46.
On January 24, 2025, Cantor Fitzgerald started tracking the stock assigning a Neutral rating and target price of $12.
Needham reiterated its Buy rating for the stock on October 15, 2024, while the target price for the stock was revised from $28 to $19.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 10 ’25 when TRITON LUXTOPHOLDING SARL sold 3,750,000 shares for $9.00 per share. The transaction valued at 33,750,000 led to the insider holds 4,795,334 shares of the business.
ONTARIO TEACHERS PENSION PLAN sold 3,750,000 shares of VSAT for $33,750,000 on Feb 10 ’25. The now owns 4,795,334 shares after completing the transaction at $9.00 per share. On Feb 10 ’25, another insider, CPP Investment Board Private H, who serves as the of the company, sold 3,750,000 shares for $9.00 each. As a result, the insider received 33,750,000 and left with 4,795,334 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.25.
Stock Price History:
Over the past 52 weeks, VSAT has reached a high of $26.70, while it has fallen to a 52-week low of $6.69. The 50-Day Moving Average of the stock is -2.77%, while the 200-Day Moving Average is calculated to be -21.18%.
Shares Statistics:
A total of 129.12M shares are outstanding, with a floating share count of 111.92M. Insiders hold about 13.32% of the company’s shares, while institutions hold 82.95% stake in the company.