Viasat (VSAT)

Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 30 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are-on the ground, in the air or at sea.

Company profile

Ticker

VSAT

Exchange

NASDAQ

Website

www.viasat.com

CEO

Mark Dankberg

Incorporated

Delaware

Location

California

Fiscal year end

Mar 31

Sector

Manufacturing > Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing

Industry (SIC)

Radio & TV Broadcasting & Communications Equipment

Motorola Solutions • Maxar • Loral Space & Communications • Qualcomm • CommScope Holding • Comtech Telecommunications • Harmonic • Casa Systems • Sierra Wireless • Gilat Satellite Networks ...

SEC CIK

0000797721

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Automation Communications Engineering Corporation • Beijing Viasat Science and Technology Co., Ltd. • C.S.G. Cyprus Space Gateways Ltd • Carmel Comunicaciones, S.A. de C.V. • ComPetro Communications Holdings, LLC • ComPetro Communications, LLC • ComPetro Comunicações Holdings • Congo Broadband Network Sarl • Cyphre Security Solutions, LLC • Engreen India Private Limited ...

IRS number

330174996

VSAT stock data

1M 1Y 5Y

News

From Benzinga Pro

Why Avalo Therapeutics Surged 32%; Here Are 111 Biggest Movers From Yesterday

10 Aug 22

Gainers AeroClean Technologies, Inc. (NASDAQ: AERC) gained 60.1% to settle at $7.27 on Tuesday after the company was granted US patent for an air treatment system and method.

Analyst Ratings for Viasat

9 Aug 22

Over the past 3 months, 6 analysts have published their opinion on Viasat (NASDAQ:VSAT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Qualys, ShockWave Medical, News Corporation And Some Other Big Stocks Moving Higher On Tuesday

9 Aug 22

Verona Pharma plc (NASDAQ: VRNA) shares jumped 83.6% to $12.70 after the company announced ensifentrine met its primary endpoint and secondary endpoints in the Phase 3 ENHANCE-2 trial for COPD. The company also reported Q2 earnings results.

Raymond James Maintains Outperform on Viasat, Lowers Price Target to $48

9 Aug 22

Viasat Q1 EPS $0.14 Down From $0.46 YoY, Sales $678.22M Miss $704.65M Estimate

8 Aug 22

Press releases

From Benzinga Pro

Viasat Releases First Quarter Fiscal Year 2023 Financial Results

8 Aug 22

CARLSBAD, Calif., Aug. 8, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ:VSAT), a global leader in satellite communications, today published its first quarter fiscal year 2023 financial results in a letter to shareholders,

Viasat Initiates Mechanical Integration on ViaSat-3

4 Aug 22

Satellite Enters Key Launch Configuration Integration Phase CARLSBAD, Calif., Aug. 4, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ:VSAT), a global leader in satellite communications, announced today the first ViaSat-3

Viasat Sets August 8, 2022 for First Quarter Fiscal Year 2023 Financial Results Conference Call and Webcast

1 Aug 22

CARLSBAD. Calif., Aug. 1, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ:VSAT), a global leader in satellite communications, today announced it will release its first quarter fiscal year 2023 financial results on Monday,

Viasat Signs UK Armed Forces Covenant Pledging Commitment to Military Community

28 Jul 22

Viasat's Satellite Internet Helps Reduce Brazil's Digital Gap

27 Jul 22

Analyst ratings and price targets

Last 3 months

Average target

$56.50

Low target

$34.00

High target

$100.00

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

30 May 22

12 Aug 22

31 Mar 23

Financial summary

Financial statements Chart VSAT financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 22	Mar 21	Mar 20	Mar 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	310.46M	310.46M	310.46M	310.46M	310.46M	310.46M
Cash burn (monthly)	(no burn)	(no burn)	10.8M	273.42K	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	47.78M	1.21M	n/a	n/a
Cash remaining	n/a	n/a	262.68M	309.25M	n/a	n/a
Runway (months of cash)	n/a	n/a	24.3	1131.1	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Viasat earnings reports.

Recent insider trades

VSAT insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
23 Jun 22	Krishna Nathan	$.0001 par value common stock	Gift	Acquire G	Yes	No	0	19,674	0	19,674
23 Jun 22	Krishna Nathan	$.0001 par value common stock	Gift	Dispose G	No	No	0	19,674	0	0
7 Jun 22	James Michael Dodd	$.0001 par value common stock	Payment of exercise	Dispose F	No	No	37.81	1,610	60.87K	13,371
7 Jun 22	James Michael Dodd	$.0001 par value common stock	Option exercise	Acquire M	No	No	0	6,610	0	14,981
7 Jun 22	James Michael Dodd	RSU common stock	Option exercise	Dispose M	No	No	0	6,610	0	13,218
28 May 22	Harkenrider Kevin J	$.0001 par value common stock	Payment of exercise	Dispose F	No	No	41.77	1,580	66K	20,810
28 May 22	Harkenrider Kevin J	$.0001 par value common stock	Option exercise	Acquire M	No	No	0	3,000	0	22,390
28 May 22	Harkenrider Kevin J	RSU common stock	Option exercise	Dispose M	No	No	0	3,000	0	0
31 Mar 22	James Frederick Bridenstine	$.0001 par value common stock	Option exercise	Acquire M	Yes	No	0	1,000	0	1,000
31 Mar 22	James Frederick Bridenstine	RSU common stock	Option exercise	Dispose M	No	No	0	1,000	0	1,000

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

VSAT institutional ownership history Ownership history

78.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	227	224	+1.3%
Opened positions	40	36	+11.1%
Closed positions	37	36	+2.8%
Increased positions	80	70	+14.3%
Reduced positions	66	82	-19.5%

13F shares	Current	Prev Q	Change
Total value	2.9B	2.71B	+6.9%
Total shares	59.33M	60.82M	-2.5%
Total puts	232K	425.4K	-45.5%
Total calls	351.4K	307.9K	+14.1%
Total put/call ratio	0.7	1.4	-52.2%

Largest owners	Shares	Value	Change
Baupost	16.29M	$794.9M	0.0%
Vanguard	6.59M	$321.6M	+0.8%
BLK Blackrock	6.34M	$309.5M	+0.6%
FPR Partners	5.21M	$254.08M	-0.5%
Disciplined Growth Investors	2.92M	$142.49M	+2.2%
STT State Street	2.05M	$100.26M	+5.2%
New South Capital Management	2.05M	$99.92M	+3.1%
Dimensional Fund Advisors	1.94M	$94.54M	+15.3%
ATAC Neuberger Berman	1.06M	$51.62M	-0.4%
Geode Capital Management	1.01M	$49.19M	+4.0%

Largest transactions	Shares	Bought/sold	Change
BEN Franklin Resources	0	-758.78K	EXIT
Norges Bank	0	-656.55K	EXIT
Nuveen Asset Management	576.34K	-545.37K	-48.6%
Summit Partners Public Asset Management	371.89K	-403.66K	-52.0%
Dimensional Fund Advisors	1.94M	+257.09K	+15.3%
GWL Great West Life Assurance	265.03K	+228.93K	+634.1%
BAC Bank Of America	304.59K	-160.11K	-34.5%
Millennium Management	150.64K	+133.28K	+767.5%
IVZ Invesco	469.86K	+129.03K	+37.9%
Renaissance Technologies	0	-114.26K	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

General Dynamics • PANASONIC • Raytheon Technologies • SPRINT • L3Harris • AT&T • Bae Systems • Gilat Satellite Networks • Lockheed Martin • As-ip Tech

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

New words: analogy, Anuvu, backstop, bar, BEAD, Bribery, Burdensome, CME, contributory, cyberattack, dealer, Delta, description, disgorgement, distraction, distributor, divestiture, dividend, EBI, ECRA, enjoin, equitable, FD, fiduciary, flat, floor, frame, Guernsey, guide, harmonization, hereto, ID, incident, incurrence, inflationary, inherit, invasion, Iridium, jeopardize, Ku, length, magnitude, motivate, multiply, NBA, neon, NTIA, oDeliver, oDrive, oEncourage, oEnter, oFollow, oMaintain, OneWeb, oPursue, oRecognize, oTarget, oThink, palladium, partition, pattern, peak, pendency, permanently, Peru, Platoon, polar, post, predecessor, preexisting, publicly, reading, reinvest, remeasured, remeasurement, repayment, request, resignation, revisited, roadmap, rolling, SEAL, SES, shortage, sixteen, SmartSky, South, SpaceX, stability, Topco, transform, troubled, UK, Ukraine, Unacceptable, unaffected, unanimously, unanticipated, unaudited, unknown, unregistered, upcoming, Vintage, vision, webcast, worsen, York

Removed: adding, choosing, complement, configured, corruption, CyberTAN, derivative, dollar, encounter, enumerated, Micro, modified, modifying, powered, Pursue, rent, retrospective, root, shortly, simplified, speculative, today, twelve, uniform, unreasonable, urban

From filing 10-K 2022 FY

Financial reports

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