The SVP of ViaSat (VSAT) is Selling Shares


Today, the SVP of ViaSat (VSAT), Bruce Leroy Dirks, sold shares of VSAT for $1.84M.

Following Bruce Leroy Dirks’ last VSAT Sell transaction on June 02, 2014, the stock climbed by 20.6%. This is Dirks’ first Sell trade following 10 Buy transactions.

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Based on ViaSat’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $555 million and GAAP net loss of $10.4 million. In comparison, last year the company earned revenue of $385 million and had a GAAP net loss of $24.63 million. Currently, ViaSat has an average volume of 558.3K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $72.00, reflecting a -3.9% downside.

The insider sentiment on ViaSat has been negative according to 134 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 is a global communications company that believes everyone and everything in the world can be connected. For more than 30 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate.

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