The cluster is small relative to market cap but notable for including the CFO and a director selling near a post-earnings high. Monitor for any further insider sales or a negative pre-announcement; the FY2027 mid-single-digit growth guidance and flat-to-slightly-up EBITDA outlook do not support a strong bullish catalyst near-term.
Price Chart
Executive Summary
Four Viasat insiders, including the CFO and two directors, sold a total of ~$3.64M in open-market sales over a 7-day window, representing ~0.04% of the $8.9B market cap. The sales follow the company's Q4 FY2026 earnings release (May 28) which showed a GAAP profit swing driven by a one-time gain, but core Communication Services revenue declined 2% YoY and FY2027 guidance calls for only mid-single-digit growth. While the dollar amount is modest relative to market cap, the cluster includes the CFO and a director selling near the top of a post-earnings rally, and the cross-filing actuarial verdicts flag this cluster as an amplifier given the proximity to earnings.
Key Financial Metrics
Key Facts
- Total open-market sales of ~$3.64M by 4 insiders over 7 days (May 31–Jun 7, 2026)
- Director Richard Baldridge sold 27,122 shares for ~$1.95M at $71.74
- SVP & CFO Garrett L. Chase sold 1,201 shares for ~$86K at $71.85
- SVP Palmer Benjamin Edward sold 21,400 shares for ~$1.56M at $73.09
- Director John P. Stenbit sold 653 shares for ~$47K at $71.74
- Sales occurred 12 days after Q4 FY2026 earnings (May 28) which showed a GAAP profit swing but 2% Communication Services revenue decline
- Total sales represent ~0.04% of $8.9B market cap — below 0.1% threshold for materiality
- Cross-filing actuarial verdicts flag this cluster as an AMPLIFIER given proximity to earnings
Financial Impact
~$3.64M in insider open-market sales, ~0.04% of market cap
Risk Factors
- Further insider selling could signal management's lack of confidence in near-term growth
- Communication Services segment revenue decline may persist, pressuring overall growth
- FY2027 free cash flow guidance of ~$180M may prove optimistic if satellite deployment costs rise
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-1781035377970 |
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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