Viasat (VSAT) SVP, Pres Commercial Benjamin Palmer Sells 2,000 S
Viasat Inc. (VSAT) SVP Benjamin Palmer sold 2,000 shares on September 1, 2026, at $66.75 each, totaling $133,500. Palmer now owns 30,087 shares. Over the past year, Palmer sold 40,588 shares with no purchases. Viasat's stock is trading at a market cap of $9.88 billion, with a GF Value of $18.56, indicating significant overvaluation.
How this was made
The 30-second read
Why it matters
The insider sale adds a negative data point to an otherwise bullish valuation narrative.
Market read
While the sale is modest, the cumulative insider selling pattern may temper enthusiasm for VSAT.
What to watch
Guru investors are increasing positions, suggesting confidence despite insider sales.
Background
Viasat (VSAT) provides satellite broadband and government communications services; its stock has risen sharply in recent months.
Ticker impact
Senior VP Benjamin Palmer sold 2,000 shares at $66.75 each, filing a Form 4 on September 1, 2026.
Potential short‑term pressure on VSAT price as investors digest the sale.
The sale is modest in dollar size but adds to a pattern of consistent insider selling, which can weigh on sentiment.
Market effects
Highlights ongoing insider skepticism in the satellite communications sector.
Limited to U.S. investors; no broader regional effect.
Minimal; reflects company‑specific insider activity.
Counterpoint
Insider may be diversifying for personal reasons; the sale does not necessarily reflect company fundamentals.
Key entities
- ExecutiveBenjamin Palmer
Senior Vice President and President of Commercial at Viasat.
- CompanyViasat Inc.
Satellite communications provider.




