Viasat SVP, CFO Garrett Chase sells $307,646 in company stock

On September 21, 2026, Garrett L. Chase, Senior Vice President and Chief Financial Officer of Viasat Inc., sold 4,000 shares of the company's stock, amounting to $307,646. The transactions were carried out under a pre-approved Rule 10b5-1 trading plan, which Chase had established on February 25, 2026. The shares, valued at $.0001 par value, were sold in several transactions, with prices ranging between $76.165 and $77.46.

This sale comes at a time when Viasat shares have increased by 152% over the past year, currently trading at $73.68.

Investors should note that according to InvestingPro analysis, the stock may be overvalued relative to its Fair Value estimate. Mr. Chase's personal holdings are now 51,534 shares of Viasat common stock, with an additional 898 shares indirectly held through a 401(k) plan. Viasat reported first-quarter fiscal 2027 revenue of $1.2 billion, which was slightly below expectations, representing a 1% decline from the previous year.

The company's Group Adjusted EBITDA also decreased by 7% year-over-year, with the Communication Services segment remaining flat and the DAT segment experiencing a 4% decrease. Despite these challenges, Viasat continues to maintain its fiscal 2027 guidance.

Analysts have responded to Viasat's recent announcements. Raymond James maintained an Outperform rating with a $107 price target following the company's Viasat-3 F3 satellite launch in the Asia-Pacific region. Needham also raised its price target to $105, keeping a Buy rating, highlighting Viasat's spectrum assets. However, Barclays kept its Equalweight rating with a $49 price target, noting that while service revenue was in line, product revenue fell short of expectations by 10.3%.