VSAT VIASAT INC
Price Chart
Executive Summary
Four Viasat insiders, including the CFO and two directors, sold a total of ~$3.64M in open-market sales over a 7-day window, representing ~0.04% of the $8.9B market cap. The sales follow the company's Q4 FY2026 earnings release (May 28) which showed a GAAP profit swing driven by a one-time gain, but core Communication Services revenue declined 2% YoY and FY2027 guidance calls for only mid-single-digit growth. While the dollar amount is modest relative to market cap, the cluster includes the CFO and a director selling near the top of a post-earnings rally, and the cross-filing actuarial verdicts flag this cluster as an amplifier given the proximity to earnings.
Key Financial Metrics
Actionable Insight
The cluster is small relative to market cap but notable for including the CFO and a director selling near a post-earnings high. Monitor for any further insider sales or a negative pre-announcement; the FY2027 mid-single-digit growth guidance and flat-to-slightly-up EBITDA outlook do not support a strong bullish catalyst near-term.
Key Facts
- Total open-market sales of ~$3.64M by 4 insiders over 7 days (May 31–Jun 7, 2026)
- Director Richard Baldridge sold 27,122 shares for ~$1.95M at $71.74
- SVP & CFO Garrett L. Chase sold 1,201 shares for ~$86K at $71.85
- SVP Palmer Benjamin Edward sold 21,400 shares for ~$1.56M at $73.09
- Director John P. Stenbit sold 653 shares for ~$47K at $71.74
- Sales occurred 12 days after Q4 FY2026 earnings (May 28) which showed a GAAP profit swing but 2% Communication Services revenue decline
- Total sales represent ~0.04% of $8.9B market cap — below 0.1% threshold for materiality
- Cross-filing actuarial verdicts flag this cluster as an AMPLIFIER given proximity to earnings
Financial Impact
~$3.64M in insider open-market sales, ~0.04% of market cap
Risk Factors
- Further insider selling could signal management's lack of confidence in near-term growth
- Communication Services segment revenue decline may persist, pressuring overall growth
- FY2027 free cash flow guidance of ~$180M may prove optimistic if satellite deployment costs rise
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-VSAT-1781035377970 |
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
|
8-K
| $80.62 $69.62 | ▼ −13.64% | ▼ −13.35% | $64.13 (−20.45%) |
|
May 22, 2026
29d ago
|
Press Release
| $81.40 $72.61 | ▼ −10.80% | ▼ −12.01% | $64.13 (−21.22%) |
|
May 7, 2026
6w ago
|
8-K
| $66.33 $70.58 | ▲ +6.41% | ▲ +4.90% | $64.13 (−3.32%) |
|
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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