Viasat INC (VSAT) Shareholder Odey Asset Management Group LTD Lowered Stake

June 16, 2018 - By Marry Poplack

Viasat, Inc. (NASDAQ:VSAT) LogoInvestors sentiment decreased to 1.07 in Q1 2018. Its down 0.31, from 1.38 in 2017Q4. It is negative, as 16 investors sold VSAT shares while 58 reduced holdings. 17 funds opened positions while 62 raised stakes. 61.74 million shares or 0.29% more from 61.56 million shares in 2017Q4 were reported. Global X Management Co Ltd holds 0.01% or 11,226 shares in its portfolio. 59,223 are held by Ny State Teachers Retirement System. Mountain Lake Investment Mgmt Lc invested in 11.43% or 335,000 shares. Voya Invest Mgmt Ltd Com accumulated 23,561 shares. Glenmede Na holds 0% or 1,600 shares in its portfolio. Disciplined Growth Invsts Inc Mn invested in 1.12 million shares or 1.45% of the stock. Teachers Retirement Sys Of The State Of Kentucky has invested 0.01% of its portfolio in Viasat, Inc. (NASDAQ:VSAT). 24,191 were accumulated by Fmr Lc. The Ontario – Canada-based Royal Financial Bank Of Canada has invested 0% in Viasat, Inc. (NASDAQ:VSAT). Invesco accumulated 145,126 shares. Blackrock stated it has 0.02% in Viasat, Inc. (NASDAQ:VSAT). Fuller & Thaler Asset owns 40,511 shares. California-based Mig Cap Lc has invested 6.74% in Viasat, Inc. (NASDAQ:VSAT). 5.39M are held by Fpr Ptnrs Ltd Liability Com. Louisiana State Employees Retirement System holds 0.04% in Viasat, Inc. (NASDAQ:VSAT) or 14,400 shares.

Since March 1, 2018, it had 0 insider purchases, and 14 selling transactions for $2.20 million activity. 4,000 Viasat, Inc. (NASDAQ:VSAT) shares with value of $249,240 were sold by Lippert Keven K. LAY B ALLEN had sold 5,000 shares worth $320,000 on Wednesday, June 13. Shares for $29,646 were sold by Peterman Ken Allen on Friday, May 4. The insider NASH JEFFREY M sold 2,000 shares worth $145,298. STENBIT JOHN P had sold 700 shares worth $45,850 on Monday, April 2. Del Toro Melinda Michele had sold 6,277 shares worth $401,916 on Wednesday, June 13.

Crispin Odey decreased its stake in Viasat Inc (VSAT) by 2.14% based on its latest 2018Q1 regulatory filing with the SEC. Odey Asset Management Group Ltd sold 49,883 shares as the company’s stock declined 12.82% with the market. The hedge fund run by Crispin Odey held 2.29M shares of the technology company at the end of 2018Q1, valued at $150.22M, down from 2.34 million at the end of the previous reported quarter. Odey Asset Management Group Ltd who had been investing in Viasat Inc for a number of months, seems to be less bullish one the $3.83B market cap company. The stock increased 0.09% or $0.06 during the last trading session, reaching $64.99. About 463,996 shares traded or 1.31% up from the average. Viasat, Inc. (NASDAQ:VSAT) has declined 6.44% since June 16, 2017 and is downtrending. It has underperformed by 19.01% the S&P500.

Odey Asset Management Group Ltd, which manages about $932.46 million US Long portfolio, upped its stake in Schwab Charles Corp New (NYSE:SCHW) by 77,408 shares to 79,608 shares, valued at $4.16 million in 2018Q1, according to the filing.

Analysts await Viasat, Inc. (NASDAQ:VSAT) to report earnings on August, 14. They expect $-0.51 earnings per share, down 292.31 % or $0.38 from last year’s $-0.13 per share. After $-0.31 actual earnings per share reported by Viasat, Inc. for the previous quarter, Wall Street now forecasts 64.52 % negative EPS growth.

More recent Viasat, Inc. (NASDAQ:VSAT) news were published by: Streetinsider.com which released: “ViaSat (VSAT) Announces Acquisition of Horsebridge Defence & Security” on June 13, 2018. Also Seekingalpha.com published the news titled: “ViaSat, Inc. (VSAT) CEO Mark Dankberg on Q4 2018 Results – Earnings Call Transcript” on May 25, 2018. Seekingalpha.com‘s news article titled: “ViaSat, Inc. 2018 Q4 – Results – Earnings Call Slides” with publication date: May 25, 2018 was also an interesting one.

Viasat, Inc. (NASDAQ:VSAT) Ratings Coverage

Among 5 analysts covering Viasat (NASDAQ:VSAT), 2 have Buy rating, 2 Sell and 1 Hold. Therefore 40% are positive. Viasat had 5 analyst reports since February 12, 2018 according to SRatingsIntel. On Friday, April 6 the stock rating was maintained by Needham with “Buy”. The stock of Viasat, Inc. (NASDAQ:VSAT) earned “Sell” rating by RBC Capital Markets on Tuesday, March 27. JP Morgan maintained it with “Neutral” rating and $75 target in Monday, February 12 report. The rating was downgraded by Barclays Capital to “Sell” on Thursday, March 29.

Viasat, Inc. (NASDAQ:VSAT) Institutional Positions Chart

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