Landscape Capital Management L.L.C. Has $1.28 Million Holdings in Viasat, Inc. (NASDAQ:VSAT)

Landscape Capital Management L.L.C. raised its position in shares of Viasat, Inc. (NASDAQ:VSAT - Free Report) by 153.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,636 shares of the communications equipment provider's stock after buying an additional 91,210 shares during the quarter. Landscape Capital Management L.L.C. owned about 0.12% of Viasat worth $1,282,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VSAT. American Century Companies Inc. raised its position in shares of Viasat by 26.4% during the 4th quarter. American Century Companies Inc. now owns 1,229,116 shares of the communications equipment provider's stock valued at $10,460,000 after acquiring an additional 256,389 shares in the last quarter. Everett Harris & Co. CA acquired a new stake in shares of Viasat during the fourth quarter worth $1,111,000. Principal Financial Group Inc. lifted its position in shares of Viasat by 3.2% in the 4th quarter. Principal Financial Group Inc. now owns 413,122 shares of the communications equipment provider's stock worth $3,516,000 after buying an additional 12,802 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Viasat by 115.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 282,475 shares of the communications equipment provider's stock valued at $3,373,000 after buying an additional 151,590 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Viasat by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 13,773,860 shares of the communications equipment provider's stock valued at $117,216,000 after buying an additional 194,006 shares during the last quarter. Institutional investors own 86.05% of the company's stock.

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Viasat Price Performance

Shares of NASDAQ:VSAT traded down $0.60 during trading on Thursday, reaching $8.22. The company had a trading volume of 963,563 shares, compared to its average volume of 2,678,809. The firm's fifty day moving average is $9.52 and its 200 day moving average is $9.64. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.60 and a current ratio of 1.80. The firm has a market capitalization of $1.06 billion, a PE ratio of -2.45 and a beta of 1.06. Viasat, Inc. has a twelve month low of $6.69 and a twelve month high of $26.70.

Viasat (NASDAQ:VSAT - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The communications equipment provider reported ($1.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.53) by ($0.70). Viasat had a negative net margin of 9.49% and a negative return on equity of 8.37%. On average, equities analysts forecast that Viasat, Inc. will post -0.54 EPS for the current year.

Insiders Place Their Bets

In other news, insider Cpp Investment Board Private H sold 3,750,000 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $9.00, for a total transaction of $33,750,000.00. Following the completion of the sale, the insider now owns 4,795,334 shares in the company, valued at approximately $43,158,006. This represents a 43.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

VSAT has been the subject of a number of research reports. StockNews.com upgraded Viasat from a "sell" rating to a "hold" rating in a research note on Friday, March 7th. Cantor Fitzgerald initiated coverage on Viasat in a research note on Friday, January 24th. They set a "neutral" rating and a $12.00 price objective for the company. Deutsche Bank Aktiengesellschaft upgraded Viasat from a "hold" rating to a "buy" rating and set a $15.00 target price on the stock in a research note on Monday, March 24th. Morgan Stanley lowered their price target on shares of Viasat from $26.00 to $12.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 4th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $19.00 price objective on shares of Viasat in a research report on Monday, February 10th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Viasat has an average rating of "Hold" and an average price target of $14.57.

About Viasat

Viasat, Inc provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband internet access and voice over internet protocol services to consumers and businesses; in-flight entertainment and aviation software services to commercial airlines and private business jets; satellite-based connectivity services; mobile broadband services, including satellite-based internet services to energy offshore vessels, cruise ships, consumer ferries, and yachts; and energy services, which include ultra-secure solutions IP connectivity, bandwidth-optimized over-the-top applications, industrial internet-of-things big data enablement, and industry-leading machine learning analytics.