VSAT VIASAT INC
Price Chart
Executive Summary
A cluster of insider selling at Viasat (VSAT) occurred in the week following the Q4 FY2026 earnings release, with three insiders selling a total of ~$1.70M in open-market transactions. The largest seller was the SVP/President of Commercial, who sold $1.56M after exercising options. While the dollar amount is modest relative to the $10B market cap (0.017%), the timing—just after earnings and alongside option exercises—suggests routine post-vesting diversification rather than a bearish signal. The prior earnings report showed a swing to profitability but flat revenue growth, and the historical calibration for this filing type shows negative average alpha at T+20, warranting a neutral-to-slightly-bearish tilt.
Key Financial Metrics
Actionable Insight
The insider selling is small relative to market cap and appears tied to post-earnings option exercises and vesting, not a bearish signal. However, the historical negative alpha for this filing type suggests caution. Monitor for any additional insider sales or a material change in business outlook; the upcoming VS-3 F2 deployment and FY2027 guidance execution are the key catalysts.
Key Facts
- Three insiders sold shares totaling ~$1.70M in open-market transactions between June 1-3, 2026.
- The largest seller was Palmer Benjamin Edward (SVP, Pres Commercial), who sold 21,408 shares for $1.56M after exercising options.
- CFO Chase Garrett sold 1,201 shares for $86K; Director Stenbit sold 653 shares for $47K.
- Director Baldridge also sold 27,122 shares for $1.95M on June 3, but this was paired with option exercises and is not included in the cluster total.
- Total open-market sales of ~$3.65M (including Baldridge) represent ~0.037% of the $10B market cap.
- The cluster follows Viasat's Q4 FY2026 earnings (May 28), which showed a swing to net income but flat revenue growth.
- Historical calibration for this filing type shows negative average alpha at T+20 (-1.24%) and a 32% observed probability of up-moves at score=6.
Financial Impact
Total insider sales of ~$3.65M (including Baldridge) represent 0.037% of market cap; the cluster alone is $1.70M (0.017%).
Risk Factors
- Insider selling could accelerate if management sees headwinds in the Communications Services segment, which declined 2% YoY.
- The historical calibration shows negative average alpha at T+20 for this filing type, suggesting a modest downside bias.
- FY2027 guidance for flat-to-slightly-up Adjusted EBITDA implies limited near-term earnings growth.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-VSAT-1780690927766 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
9d ago
|
Institutional Cluster
| $72.71 $64.55 | ▼ −11.22% | ▼ −11.66% | $64.13 (−11.80%) |
|
Jun 5, 2026
15d ago
|
Insider Cluster
| $65.48 $65.87 | ▲ +0.60% | ▼ −1.52% | $64.13 (−2.06%) |
|
Jun 5, 2026
15d ago
|
Insider Cluster
| $65.48 $65.87 | ▼ −0.60% | ▲ +1.52% | $64.13 (+2.06%) |
|
Jun 5, 2026
15d ago
|
Insider Cluster
| $65.48 $65.87 | ▲ +0.60% | ▼ −1.52% | $64.13 (−2.06%) |
|
Jun 5, 2026
15d ago
|
Insider Cluster
| $65.48 $65.87 | ▲ +0.60% | ▼ −1.52% | $64.13 (−2.06%) |
|
May 29, 2026
22d ago
|
S-3ASR
| $72.86 $67.18 | ▼ −7.80% | ▼ −5.05% | $64.13 (−11.98%) |
|
May 28, 2026
23d ago
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8-K
| $80.62 $69.62 | ▼ −13.64% | ▼ −13.35% | $64.13 (−20.45%) |
|
May 22, 2026
29d ago
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Press Release
| $81.40 $72.61 | ▼ −10.80% | ▼ −12.01% | $64.13 (−21.22%) |
|
May 7, 2026
6w ago
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8-K
| $66.33 $70.58 | ▲ +6.41% | ▲ +4.90% | $64.13 (−3.32%) |
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Mar 12, 2026
14w ago
|
Insider Cluster
| $46.51 $52.12 | ▼ −12.06% | ▼ −13.04% | $64.13 (−37.88%) |
US Market Status
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