Yesterday, the CPO of ViaSat (VSAT), Del Toro Melinda Michele, bought shares of VSAT for $380.6K.
Following this transaction Del Toro Melinda Michele’s holding in the company was increased by 156.72% to a total of $362.4K. Following Del Toro Melinda Michele’s last VSAT Buy transaction on June 14, 2018, the stock climbed by 26.0%.
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Based on ViaSat’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $557 million and quarterly net profit of $2.52 million. In comparison, last year the company earned revenue of $440 million and had a GAAP net loss of $19.95 million. Currently, ViaSat has an average volume of 385.1K.
Based on 5 analyst ratings, the analyst consensus is Hold with an average price target of $100.75, reflecting a 10.9% upside.
In the last 30 days, insiders have sold $14.64M worth of VSAT shares and purchased $5.4M worth of VSAT shares. The insider sentiment on ViaSat has been negative according to 103 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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ViaSat, Inc. provides communications technologies and services. It operates through following segments: Satellite Services, Commercial Networks and Government Systems.
