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Viasat, Inc. (NASDAQ: VSAT) is a global leader in broadband and communications products and services. The company has received a consensus rating of “Hold” from the five brokerages covering it. Four of the analysts have given it a hold rating, while one has assigned a buy rating.

Viasat’s Satellite Services segment plays a significant role in its business operations. It offers satellite-based fixed broadband services to consumers and businesses worldwide, including broadband internet access and voice over internet protocol services. The company also provides in-flight entertainment and aviation software services to commercial airlines and private business jets.

Viasat serves the mobile broadband needs of energy offshore vessels, cruise ships, consumer ferries, and yachts through its satellite-based internet services. The maritime activities market segment offers immense potential for growth.

In addition, Viasat’s energy services division offers ultra-secure solutions for IP connectivity, bandwidth-optimized over-the-top applications, industrial internet-of-things big data enablement, and industry-leading machine learning analytics. The company caters to unique requirements within the energy sector while utilizing cutting-edge technologies.

Viasat has attracted interest from hedge funds and institutional investors. Several hedge funds, including Belpointe Asset Management LLC and Spire Wealth Management, have recently adjusted their positions to increase their holdings in the company. Captrust Financial Advisors raised its position by 29.2% during the second quarter, and Trivant Custom Portfolio Group LLC acquired a stake in the first quarter.

Prominent investors like Lazard Asset Management LLC have also recognized Viasat as an attractive prospect within their portfolios.

Although analysts hold a “Hold” rating for Viasat based on current market conditions, the company’s diverse portfolio of broadband and communication services and continuous interest from hedge funds and institutional investors indicate potential for future growth.

Investors should carefully analyze the market and available information before making any financial decisions relating to Viasat or other investment opportunities.

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