Large Outflow of Money Witnessed in ViaSat

ViaSat (VSAT) : Net money flow in ViaSat (VSAT) was negative ($1.84 million) and the inflow of money on uptick was $0.56 million, whereas, the outflow of money on downticks amounted to $2.41 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.23. The block trades show that the large investors, were aggressive sellers in the stock. On the other hand, the total value of block trades done on downticks was $1.9 million. The money flow in block trades was negative ($1.9). ViaSat (VSAT) gained $0.37 cent during the day and reached $75.95, a gain of 0.49% over the previous day.


The company Insiders own 9.7% of ViaSat shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -15% . Institutional Investors own 94.68% of ViaSat shares. During last six month period, the net percent change held by insiders has seen a change of -15%.

In a related news,The director of Viasat Inc, Stenbit John P sold 800 shares at $75.12 on September 1, 2016. The Insider selling transaction had a total value worth of $60,096. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

ViaSat (NASDAQ:VSAT): The stock opened at $75.9 and touched an intraday high of $76.03 on Friday. During the day, the stock corrected to an intraday low of $74.82, however, the bulls stepped in and pushed the price higher to close in the green at $75.82 with a gain of 0.32% for the day. The total traded volume for the day was 199,153. The stock had closed at $75.58 in the previous trading session.

ViaSat (VSAT) : Traders are bullish on ViaSat (VSAT) as it has outperformed the S&P 500 by a wide margin of 3.31% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.27%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.79% in the last 1 week, and is up 3.17% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

ViaSat, Inc. is a technology company engaged in broadband technologies and services, including satellite and wireless networking applications and secure networking systems, products and services. The Company conducts its business through three segments: satellite services, commercial networks and government systems. The Company conducts its business through three segments: satellite services, which provides retail and wholesale satellite-based broadband services for its consumer, enterprise and mobile broadband customers in the United States; commercial networks, which develops and produces satellite and other wireless communication systems and ground networking equipment and products that address five market segments: consumer, enterprise, in-flight, maritime and ground mobile applications, and government systems, which develops and produces network-centric Internet Protocol (IP)-based fixed and mobile secure government communications systems, products, services and solutions.

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