Viasat, Inc. (NASDAQ:VSAT) Shares Purchased by Signaturefd LLC

Signaturefd LLC boosted its holdings in Viasat, Inc. (NASDAQ:VSAT) by 303.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,009 shares of the communications equipment provider’s stock after acquiring an additional 759 shares during the period. Signaturefd LLC’s holdings in Viasat were worth $28,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. acquired a new stake in shares of Viasat during the 3rd quarter worth about $84,000. CI Investments Inc. acquired a new stake in shares of Viasat during the 3rd quarter worth about $120,000. Oak Thistle LLC acquired a new stake in shares of Viasat during the 4th quarter worth about $211,000. Cambiar Investors LLC acquired a new stake in shares of Viasat during the 4th quarter worth about $228,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Viasat during the 3rd quarter worth about $200,000. 86.05% of the stock is owned by institutional investors and hedge funds.

Viasat Trading Up 2.5 %

NASDAQ VSAT opened at $17.21 on Friday. Viasat, Inc. has a one year low of $15.02 and a one year high of $47.35. The company’s 50 day moving average price is $17.32 and its 200 day moving average price is $20.56. The company has a debt-to-equity ratio of 1.40, a quick ratio of 2.46 and a current ratio of 2.71. The firm has a market capitalization of $2.16 billion, a price-to-earnings ratio of 2.27 and a beta of 1.31.

Viasat (NASDAQ:VSAT) last posted its quarterly earnings results on Tuesday, February 6th. The communications equipment provider reported ($0.99) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.85). Viasat had a net margin of 6.01% and a return on equity of 4.52%. The business had revenue of $1.13 billion during the quarter, compared to analysts’ expectations of $1.12 billion. On average, sell-side analysts predict that Viasat, Inc. will post -1.43 EPS for the current year.

Analyst Ratings Changes

Separately, Barclays decreased their target price on shares of Viasat from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Friday, February 23rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $38.17.

Viasat Profile

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.