Viasat's Chief Accounting Officer Sold Over 1,000 Shares. Is the Stock a Buy or Sell?

Company Overview - Viasat operates as a global provider of broadband and communications solutions, utilizing advanced satellite technology to deliver connectivity across various industries [2] - The company generates revenue through subscription-based broadband services, equipment sales, and technology solutions for satellite communication networks [2] Recent Insider Transaction - On February 25, Viasat's Chief Accounting Officer, Camellia FitzGerald, sold 1,119 shares as part of her Rule 10b5-1 trading plan, which she adopted in December 2025 [1][6] - Following the sale, FitzGerald holds 8,827 shares directly and 240 shares indirectly via spousal ownership [3] Transaction Details - The sale accounted for 11.0% of FitzGerald's direct holdings at the time of the transaction, a decrease from the previous sale's 21.6% [4] - This transaction is smaller than her previous sale of 2,810 shares on January 28, 2026, and below the recent median sell size of 1,964 shares [5] Financial Performance - Viasat reported sales of $1.2 billion for the fiscal third quarter ended December 31, up from $1.1 billion in the previous year [7] - The company posted a net income of $37.5 million for fiscal Q3, a significant improvement from a net loss of $146.9 million in the prior year [7] Stock Performance - Viasat shares reached a 52-week high of $50.24 on the day of FitzGerald's sale, reflecting the company's solid business performance [7] - With the rise in stock price, Viasat's valuation is at a high point for the past year, suggesting it may be a good opportunity to sell shares rather than buy [8]