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South Dakota Investment Council has raised its position in Viasat, Inc. by 16.3% in the first quarter, according to a recent filing with the SEC. The firm now owns 205,209 shares of Viasat’s stock, representing approximately 0.27% of the company, with a value of ,944,000.

Other institutional investors and hedge funds have also made changes to their positions in Viasat. Norges Bank acquired a new position in the company worth ,769,000, while Bank of America Corp DE increased its stake in Viasat by 565.2%, now owning 827,297 shares worth ,184,000. Vanguard Group Inc. lifted its stake in Viasat by 6.8%, owning 7,111,765 shares valued at 4,989,000, and Dimensional Fund Advisors LP increased its holdings by 14.1%, now owning 3,040,208 shares worth ,222,000. Neuberger Berman Group LLC also increased its holdings by 27.0%, now owning 1,718,470 shares with a value of ,400,000.

Viasat’s shares on NASDAQ fell by 3.4% during midday trading on Friday, reaching .91. The stock has a 50-day moving average price of .55 and a 200-day moving average price of .84. The company has a current ratio of 2.33, a quick ratio of 2.10, and a debt-to-equity ratio of 1.21. Viasat has a market capitalization of .15 billion, a P/E ratio of 2.13, a P/E/G ratio of 22.57, and a beta of 1.18.

Viasat recently reported earnings results for the quarter, with a net margin of 37.40% and a return on equity of 26.53%. The company generated 6.10 million in revenue, outperforming analysts’ expectations of 4.47 million. Analysts project that Viasat will post 0.56 earnings per share for the current fiscal year.

Several research analyst reports have been published on Viasat, with ratings varying from a sell to a buy. The company has an average rating of “hold” and a consensus price target of .40.

Insider transactions at Viasat include the sale of 5,000 shares by insider James Michael Dodd, generating a total transaction value of 6,550. Craig Andrew Miller, another insider, sold 735 shares of the stock for a total transaction value of ,075. Insiders have sold a total of 6,407 shares worth 6,400 over the last quarter. 3.10% of the stock is currently owned by insiders.

Viasat, Inc. provides broadband and communications products and services worldwide, offering satellite-based fixed broadband services, in-flight entertainment and aviation software services, mobile broadband services, and energy services.

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