Director Richard A Baldridge sold 27,122 shares (11.3% of holdings) at $71.74, reducing stake to 213,355 shares.
Director Richard A Baldridge sold 27,122 shares of VSAT at $71.74 on 2026-06-03, reducing his post-transaction holdings to 213,355 shares from 240,477 shares. The sale occurred when the stock was trading -25.2% from its 52-week high of $89.78 and -0.2% over the prior 30 days, yet +53.4% over 90 days. His prior trades at VSAT show a mixed pattern: a 2025-09-11 sale followed by a +20.3% 90-day return (the stock rose after he sold), while two buys in September 2024 were followed by negative 90-day returns of -35.2% and -36.3% respectively. Across his cross-ticker history, his two prior sells averaged +6.3% 30-day returns and +17.5% 90-day returns, neither of which were well-timed (well-timed sell rate 0.00%), meaning the stock typically appreciated after his sales. The company's fundamentals show a P/E of 45.39, with net income of $24,968,000 in the latest quarter, though it was unprofitable over its most recent full fiscal year. The timing and size of this sale merit investor observation given the insider's mixed execution record on VSAT and the stock's elevated valuation multiple.