Viasat Inc. (NASDAQ: VSAT) disclosed that its senior vice president and general counsel, Robert James Blair, completed the sale of 30,411 shares of the company’s common stock on March 16, 2026, for aggregate proceeds of $1.43 million.
The disposition occurred in two separate transactions. The first sale accounted for 19,338 shares, executed at prices ranging from $46.30 to $47.24. The second sale comprised 11,073 shares, carried out at prices between $47.31 and $47.73. The weighted average prices for the two transactions were $46.7979 and $47.4746, respectively.
Following the March 16 transactions, Blair is reported to directly own 38,108 shares of Viasat stock. The sales were made pursuant to a Rule 10b5-1 trading plan that was adopted on December 15, 2025.
Market context and valuation notes
Viasat shares have been trading near their 52-week high of $50.70 and have produced a 411% return over the past year. The stock was trading at $48.59 around the time of the reported transactions. Analysis noted in company-related commentary suggests the shares may be overvalued relative to a Fair Value estimate and that the company appears on a Most Overvalued list.
Recent financial performance
In its fiscal third-quarter 2026 results, Viasat reported earnings per share of $0.79, versus a consensus forecast of -$0.46, representing a 271.74% beat on the EPS line. Revenue for the quarter was $1.16 billion, narrowly missing the expected $1.17 billion. The company’s EPS outperformance and the slight revenue shortfall were both noted as part of its reported quarterly results.
Product and technology development
Separately, Viasat, together with Cubic³, Qualcomm Technologies, and Fraunhofer IIS, demonstrated satellite-enabled voice calling for vehicles at Mobile World Congress 2026. The technology is intended to preserve voice connectivity for vehicles when cellular networks are unavailable, with the stated aim of enhancing driver safety and providing emergency access.
Takeaways
The insider sale, the company’s mixed quarterly results, and the technology demonstration collectively form the recent newsflow around Viasat. The sale was carried out under a predefined trading plan and leaves Blair with a remaining direct stake of 38,108 shares.