Viasat SVP Robert Blair sells $2.15m in common stock

On August 7, 2026, Robert Blair, Senior Vice President and General Counsel at Viasat Inc., sold 27,064 shares of the company's common stock. The transaction took place at a weighted average price of $79.7618, with individual shares traded between $79.36 and $80.325. This sale generated approximately $2,158,673 in revenue. Viasat's stock has increased by over 205% in the last year, currently trading at $82.87 with a market capitalization of $11.42 billion.

Post the sale, Mr. Blair personally owns 22,380 shares, comprising 150 shares from the Viasat Employee Stock Purchase Plan and an additional 241 shares through his 401(k) plan. Analysis suggests Viasat is currently overvalued, according to InvestingPro. Meanwhile, ViaSat reported a slight decline in first-quarter fiscal 2027 revenue, with revenue at $1.2 billion, a 1% decrease from the previous year.

This aligns with the company's earlier forecast. Adjusted EBITDA also declined by 7% year-over-year, with segment-specific revenue affecting the Communications Services segment. Analyst reactions have been mixed, with Needham upgrading Viasat's price target to $105 and assigning a Buy rating due to the company's spectrum assets, while Barclays maintained an Equalweight rating with a $49 price target, noting a 4% decline in DAT segment revenue.

The company's financial performance is thus portrayed as mixed, with some segments underperforming despite others remaining steady.