On March 31, 2023 at 12:11:07 ET an unusually large
$233.64K block of Call contracts in ViaSat
(VSAT) was bought,
with a strike price of $35.00 / share, expiring in 168 days (on September 15, 2023).
Fintel tracks all large options trades, and the premium spent on this trade was � sigmas above the mean, placing it in the percentile of all recent large trades made in VSAT options.
This trade was first picked up on Fintel’s real time Unusual Option Trades
tool, where unusual option trades are highlighted.
Analyst Price Forecast Suggests 56.92% Upside
As of March 30, 2023,
the average one-year price target for ViaSat is $51.41.
The forecasts range from a low of $34.34 to a high of $82.95.
The average price target represents an increase of 56.92% from its latest reported closing price of $32.76.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for ViaSat
is $2,859MM, a decrease of 0.29%.
The projected annual non-GAAP EPS
is -$1.88.
What is the Fund Sentiment?
There are 496 funds or institutions reporting positions in ViaSat.
This is an increase
of
3
owner(s) or 0.61% in the last quarter.
Average portfolio weight of all funds dedicated to VSAT is 0.26%,
a decrease
of 0.05%.
Total shares owned by institutions increased
in the last three months by 0.55% to 66,632K shares.
The put/call ratio of VSAT is 1.62, indicating a
bearish
outlook.
What are Large Shareholders Doing?
Baupost Group
holds 16,289K shares
representing 21.33% ownership of the company.
No change in the last quarter.
Fpr Partners
holds 4,725K shares
representing 6.19% ownership of the company.
In it’s prior filing, the firm reported owning 5,272K shares, representing
a decrease
of 11.58%.
The firm
decreased
its portfolio allocation in VSAT by 2.05% over the last quarter.
Disciplined Growth Investors
holds 2,949K shares
representing 3.86% ownership of the company.
In it’s prior filing, the firm reported owning 2,938K shares, representing
an increase
of 0.40%.
The firm
decreased
its portfolio allocation in VSAT by 3.01% over the last quarter.
IJH – iShares Core S&P Mid-Cap ETF
holds 2,334K shares
representing 3.06% ownership of the company.
In it’s prior filing, the firm reported owning 2,201K shares, representing
an increase
of 5.71%.
The firm
decreased
its portfolio allocation in VSAT by 3.09% over the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares
holds 2,194K shares
representing 2.87% ownership of the company.
In it’s prior filing, the firm reported owning 2,266K shares, representing
a decrease
of 3.27%.
The firm
decreased
its portfolio allocation in VSAT by 6.37% over the last quarter.
Viasat Background Information
(This description is provided by the company.)
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.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
