Share on Stocktwits State of Alaska Department of Revenue grew its position in shares of Viasat Inc. (NASDAQ:VSAT – Free Report) by 7.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 50,765 shares of the communications equipment provider’s stock after acquiring an additional 3,546 shares during the quarter. State of Alaska Department of Revenue’s holdings in Viasat were worth $740,000 at the end of the most recent reporting period. Get Viasat alerts: A number of other hedge funds and other institutional investors have also recently modified their holdings of VSAT. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Viasat by 43.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 149,070 shares of the communications equipment provider’s stock valued at $1,269,000 after acquiring an additional 44,804 shares during the last quarter. California State Teachers Retirement System raised its holdings in Viasat by 7.0% during the 4th quarter. California State Teachers Retirement System now owns 86,102 shares of the communications equipment provider’s stock valued at $733,000 after buying an additional 5,660 shares during the period. GAMMA Investing LLC raised its holdings in Viasat by 1,951.4% during the 1st quarter. GAMMA Investing LLC now owns 22,955 shares of the communications equipment provider’s stock valued at $2,203,000 after buying an additional 21,836 shares during the period. SG Americas Securities LLC purchased a new stake in Viasat during the 1st quarter valued at $281,000. Finally, SummerHaven Investment Management LLC raised its holdings in Viasat by 2.9% during the 1st quarter. SummerHaven Investment Management LLC now owns 52,738 shares of the communications equipment provider’s stock valued at $550,000 after buying an additional 1,494 shares during the period. 86.05% of the stock is currently owned by institutional investors. Insider Activity In other news, Director Richard A. Baldridge sold 100,000 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $31.00, for a total transaction of $3,100,000.00. Following the transaction, the director owned 197,161 shares of the company’s stock, valued at approximately $6,111,991. This represents a 33.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.20% of the company’s stock. Viasat Stock Performance VSAT stock opened at $31.29 on Wednesday. The company has a quick ratio of 1.87, a current ratio of 2.11 and a debt-to-equity ratio of 1.42. The business’s fifty day simple moving average is $28.31 and its two-hundred day simple moving average is $17.21. Viasat Inc. has a twelve month low of $6.69 and a twelve month high of $34.05. The firm has a market cap of $4.20 billion, a price-to-earnings ratio of -6.77 and a beta of 1.21. Viasat (NASDAQ:VSAT – Get Free Report) last released its earnings results on Tuesday, August 5th. The communications equipment provider reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.32. Viasat had a negative return on equity of 6.37% and a negative net margin of 13.11%.The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter last year, the firm posted $0.30 earnings per share. The business’s revenue was up 4.0% compared to the same quarter last year. Analysts predict that Viasat Inc. will post -0.54 earnings per share for the current year. Analysts Set New Price Targets Several analysts recently weighed in on the company. Wall Street Zen upgraded Viasat from a “strong sell” rating to a “hold” rating in a report on Saturday, August 9th. Needham & Company LLC increased their price target on Viasat from $16.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Viasat in a report on Saturday, September 27th. William Blair restated an “outperform” rating on shares of Viasat in a report on Wednesday, August 27th. Finally, JPMorgan Chase & Co. increased their price target on Viasat from $10.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $23.29.