Viasat SVP Robert Blair sells $2.15m in common stock By Investing.com

Robert James Blair, Senior Vice President and General Counsel at Viasat Inc. (), sold 27,064 shares of the company’s common stock on August 7, 2026. The shares were sold at a weighted average price of $79.7618, with individual transaction prices ranging from $79.36 to $80.325. The total value of the sale amounted to approximately $2,158,673. The sale comes as Viasat shares have surged over 205% in the past year, currently trading at $82.87 with a market capitalization of $11.42 billion.

Following these transactions, Mr. Blair directly owns 22,380 shares of Viasat common stock. This figure includes 150 shares acquired through the Viasat Employee Stock Purchase Plan on July 31, 2026. Additionally, Mr. Blair indirectly holds 241 shares through a 401(k) plan. According to InvestingPro analysis, Viasat currently appears overvalued based on its Fair Value assessment. Investors seeking deeper insights can access a comprehensive Pro Research Report on VSAT, one of 1,400+ US equities covered with expert analysis and actionable intelligence.

In other recent news, ViaSat reported its first-quarter fiscal 2027 revenue, which was slightly below expectations, coming in at $1.2 billion. This figure represents a 1% decline from the previous year but aligns with the company’s forecast. Despite the revenue drop, ViaSat maintained its previous guidance for the fiscal year. The company’s adjusted EBITDA also saw a decline, falling 7% year-over-year, with notable decreases in the DAT and Communications Services segments.

Analysts have responded to these developments with varied outlooks. Needham raised its price target for ViaSat to $105, maintaining a Buy rating, citing the company’s spectrum assets as a positive factor. On the other hand, Barclays reiterated an Equalweight rating with a $49 price target, highlighting a 4% decrease in the DAT segment revenue. These recent developments provide a mixed picture for investors, with some segments underperforming while others remain steady.

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  • Ramit Sethi

    Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.

Ramit Sethi

Ramit Singh Sethi is an American author, entrepreneur, and media personality. He is the author of the 2009 New York Times Best Seller, I Will Teach You to Be Rich, host of the I Will Teach You To Be Rich podcast, and host of the 2023 Netflix series titled How to Get Rich.