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The President of Viasat, Michael James Dodd, recently sold 5,000 shares of the company’s stock, according to a filing with the U.S. Securities and Exchange Commission. The total value of the transaction was 6,550. Viasat shares are currently trading at .5, down 0.64%.
Insider transactions are important to consider when making investment decisions. While they should not be the sole basis for making a decision, they can provide valuable insight. Insiders, such as executives and large hedge funds, are required to disclose their transactions to the public through a Form 4 filing within two business days of the transaction.
If an insider makes a new purchase, it can indicate that they have a positive outlook on the stock. On the other hand, insider sells can happen for various reasons and may not necessarily mean that the seller expects the stock to decline.
Investors tend to focus on transactions that occur in the open market, as indicated in Table I of the Form 4 filing. A “P” in Box 3 indicates a purchase, while an “S” indicates a sale. Other transaction codes, such as “C” for the conversion of an option and “A” for forced sales related to compensation, can also provide valuable information.
For more information on Viasat’s insider trades, you can refer to the complete list provided.
Please note that this article was generated by Benzinga’s automated content engine and has been reviewed by an editor.

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