Viasat Stock Up 3.8% Shares of NASDAQ VSAT opened at $32.06 on Wednesday. The stock has a market capitalization of $4.30 billion, a P/E ratio of -6.94 and a beta of 1.21. The stock’s fifty day moving average is $27.61 and its 200 day moving average is $16.85. Viasat has a 52 week low of $6.69 and a 52 week high of $34.05. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.87 and a current ratio of 2.11. Viasat (NASDAQ:VSAT – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The communications equipment provider reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.32. Viasat had a negative net margin of 13.11% and a negative return on equity of 6.37%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the company posted $0.30 earnings per share. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. Sell-side analysts forecast that Viasat will post -0.54 earnings per share for the current fiscal year. Insider Activity In other news, Director Richard A. Baldridge sold 100,000 shares of Viasat stock in a transaction on Thursday, September 11th. The shares were 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 in the company, valued at approximately $6,111,991. The trade was a 33.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.20% of the company’s stock. Institutional Inflows and Outflows Several hedge funds and other institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. grew its position in shares of Viasat by 233.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,177 shares of the communications equipment provider’s stock valued at $33,000 after buying an additional 2,224 shares during the last quarter. MAI Capital Management lifted its stake in shares of Viasat by 74.7% in the first quarter. MAI Capital Management now owns 3,836 shares of the communications equipment provider’s stock worth $40,000 after acquiring an additional 1,640 shares during the period. FNY Investment Advisers LLC bought a new stake in Viasat in the second quarter valued at approximately $43,000. Delos Wealth Advisors LLC acquired a new stake in Viasat during the 2nd quarter valued at approximately $45,000. Finally, Quarry LP increased its position in Viasat by 2,412.3% during the 1st quarter. Quarry LP now owns 5,728 shares of the communications equipment provider’s stock valued at $60,000 after purchasing an additional 5,500 shares during the period. 86.05% of the stock is owned by institutional investors and hedge funds. Viasat Company Profile