Key Points Viasat shares reached a new 52-week high of $34.30 before closing at $32.83, indicating strong trading activity with a volume of 496,302 shares. Analysts have mixed ratings on Viasat; Barclays set a price target of $23.00, while Needham & Company increased theirs to $25.00 and rated it a "buy." The company reported earnings of $0.17 per share for the last quarter, outperforming expectations, with revenues rising 4.0% year-over-year to $1.17 billion. Viasat Drops 29%: Falling Knife or Moonshot Bargain? In other news, Director Richard A. Baldridge sold 100,000 shares of the company's stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $31.00, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 2.20% of the company's stock. Institutional Trading of Viasat A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Viasat by 6.3% during the first quarter. Vanguard Group Inc. now owns 14,646,644 shares of the communications equipment provider's stock worth $152,618,000 after purchasing an additional 872,784 shares during the period. OCO Capital Partners L.P. raised its stake in Viasat by 60.0% in the second quarter. OCO Capital Partners L.P. now owns 6,000,000 shares of the communications equipment provider's stock worth $87,600,000 after buying an additional 2,250,000 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its stake in Viasat by 15.8% in the second quarter. Disciplined Growth Investors Inc. MN now owns 5,845,100 shares of the communications equipment provider's stock worth $85,338,000 after buying an additional 796,349 shares in the last quarter. Neuberger Berman Group LLC raised its stake in Viasat by 6.8% in the second quarter. Neuberger Berman Group LLC now owns 5,541,636 shares of the communications equipment provider's stock worth $80,908,000 after buying an additional 351,404 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Viasat by 64.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,866,242 shares of the communications equipment provider's stock worth $29,866,000 after buying an additional 1,128,338 shares in the last quarter. 86.05% of the stock is currently owned by hedge funds and other institutional investors. About Viasat