The $9.17M in insider sales is routine for a $11.4B company and involves non-C-suite insiders; no bearish signal. Monitor for any upcoming earnings or material news that could provide context for the timing, but treat this cluster as noise with no actionable trading implication.
Price Chart
Executive Summary
Two insiders at ViaSat (VSAT) sold a combined $9.17M in open-market transactions, with a director selling $7.01M and the SVP/General Counsel selling $2.16M. The sales represent roughly 0.08% of the $11.4B market cap, falling below the 0.1% proportionality threshold, and no C-suite executives (CEO/CFO) are involved. A separate non-cash gift by a director is immaterial.
Key Financial Metrics
Key Facts
- Director Richard A. Baldridge sold 87,200 shares at $80.35, totaling $7.01M.
- SVP & General Counsel Robert James Blair sold 27,100 shares at $79.76, totaling $2.16M.
- Total cluster sale value is $9.17M, or approximately 0.08% of market cap.
- No C-suite executives (CEO/CFO) participated in the sales.
- Director John P. Stenbit made a non-cash gift of 634 shares ($0).
- Both open-market sales occurred on the same day (2026-08-07), suggesting a common liquidity event (e.g., tax planning, 10b5-1 plan) rather than coordinated bearish signaling.
- Per academic literature, insider sales are weak predictors and cluster sales are no more informative than non-cluster sales; no amplification applied.
Financial Impact
Total insider sales of $9.17M (0.08% of market cap) — well below materiality thresholds.
Risk Factors
- If a material negative event (e.g., earnings miss, contract loss) follows within 30 days, the sales could retrospectively appear informed, but standalone this is not predictive.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-VSAT-1787033642027 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 4w ago | Insider Cluster | $71.72 $70.38 | ▼ −1.87% | ▼ −0.75% | $72.00 (+0.39%) |
Sep 3, 2026 4w ago | Insider Cluster | $71.72 $70.38 | ▼ −1.87% | ▼ −0.75% | $72.00 (+0.39%) |
Aug 11, 2026 7w ago | Insider Cluster | $84.52 $72.36 | ▼ −14.39% | ▼ −13.33% | $72.00 (−14.81%) |
Aug 11, 2026 7w ago | Insider Cluster | $84.52 $72.36 | ▼ −14.39% | ▼ −13.33% | $72.00 (−14.81%) |
Aug 6, 2026 8w ago | Insider Cluster | $81.99 $71.72 | ▼ −12.53% | ▼ −13.13% | $72.00 (−12.18%) |
Aug 5, 2026 8w ago | Insider Cluster | $81.03 $69.92 | ▼ −13.71% | ▼ −13.11% | $72.00 (−11.14%) |
Jul 16, 2026 11w ago | Press Release | $68.71 $82.90 | ▲ +20.65% | ▲ +17.03% | $72.00 (+4.79%) |
Jul 6, 2026 12w ago | Insider Cluster | $83.80 $76.93 | ▼ −8.20% | ▼ −7.63% | $72.00 (−14.08%) |
Jun 22, 2026 14w ago | 144 | $63.88 $69.51 | ▲ +8.81% | ▲ +7.65% | $72.00 (+12.71%) |
Jun 11, 2026 16w ago | Institutional Cluster | $72.71 $70.39 | ▼ −3.19% | ▼ −5.08% | $72.00 (−0.98%) |
US Market Status
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