Transaction details
Craig Andrew Miller, who serves as senior vice president and president of Viasat Government at Viasat Inc. (NASDAQ: VSAT), completed a sale of 5,260 shares of the company’s common stock on March 17, 2026. The shares were sold at $50.00 apiece, producing proceeds of $263,000. At the time of the sale the stock was trading close to its 52-week high of $50.70, after a year marked by a 411% increase in the share price.
Holdings after the sale
Following the disposition, Miller’s direct ownership in Viasat stands at 21,252 shares. He also holds an indirect stake of 4,209 shares through a 401(k) plan, and an additional 1,592 shares indirectly held by his spouse. The sale was executed pursuant to a Rule 10b5-1 trading plan that Miller adopted on November 25, 2025.
Valuation note
According to InvestingPro analysis cited in company coverage, the stock currently appears overvalued relative to its Fair Value. The note indicates that this assessment is part of a broader set of research tools available for VSAT and other U.S. equities, but does not provide additional valuation metrics in the disclosed summary.
Recent operational and market developments
Viasat reported fiscal third-quarter 2026 results showing earnings per share of $0.79, beating analyst expectations of -$0.46. The EPS outcome represented a 271.74% beat relative to consensus forecasts. Revenue for the quarter was $1.16 billion, slightly below the $1.17 billion that analysts had anticipated. The company’s announcements around future guidance, together with the revenue shortfall, were noted as points of investor concern.
On the technology front, Viasat partnered with Cubic3, Qualcomm Technologies, and Fraunhofer IIS to demonstrate satellite-enabled voice calling for vehicles at Mobile World Congress 2026. The demonstration showcased voice connectivity intended for use when conventional cellular networks are unavailable, with the stated aims of improving driver safety and emergency access.
Context and investor reaction
The insider sale, executed under a pre-existing 10b5-1 plan, occurred as the shares traded near their annual high following a large annual gain. The company’s earnings beat on EPS contrasts with a modest miss on revenue and lingering investor questions tied to future guidance. These mixed signals reflect both financial performance and the firm’s efforts in satellite-enabled communications technology for automotive applications.
Note: The factual elements presented here reflect disclosed transaction, ownership and corporate results as reported; no additional forecasts or valuations beyond the cited InvestingPro comment are provided.