Viasat Insider Craig Andrew Buys 22,500 Shares at $34, Betting on a Rebound Amid Market Volatility and New Value‑Creation Plan.

Insider Buying Spurs Renewed Optimism at Viasat

On November 4, 2026, SVP Craig Andrew, the president of Viasat Government, executed a Rule 10b‑5‑1 purchase of 22,500 shares at $34.00 under the company‑wide 2025 trading plan. The acquisition brings his post‑transaction holdings to 64,070 shares, a notable increase from the 52,220 shares reported after a prior sale on the same day. The trade comes as the company’s stock is hovering near its 52‑week low of $29.13 and has suffered a 23.9 % weekly decline, yet it remains buoyed by a strong year‑to‑date gain of 65.8 % and a high market cap of $10.36 billion. For investors, Andrew’s move signals confidence that the forthcoming “Viasat Value Creation Incentive Program” will materialize into tangible shareholder value, especially as the company’s price‑earnings ratio is a dismal –$350.58, implying that the market still underestimates the potential upside of its satellite services.

A Pattern of Tactical Trades

Craig Andrew’s transaction history shows a disciplined use of the 10b‑5‑1 plan: he routinely buys when the stock trades below $60, and sells in the $70‑plus range. In October, he sold 11,850 shares at $15.96—a bargain purchase price—only to buy back 11,893 shares at $71.93 later that month. More recently, he executed a 22,500‑share purchase on November 4 at $34.00, well below the current price of $59.38. This timing suggests he is positioning for a rebound rather than chasing short‑term volatility. The pattern also indicates that Andrew is comfortable locking in gains via the plan, as evidenced by multiple sell transactions in the $70‑$70.4 range earlier in November, capturing a 15 % upside from the $59.38 benchmark.

Implications for the Stock and the Business

Andrew’s buying aligns with the company’s broader insider activity. The day’s trade coincides with a rule‑144 filing for a 20,000‑share sale by a senior officer, and the company’s own announcement of a new long‑term incentive plan aimed at aligning executive compensation with future stock performance. Together, these moves signal that insiders believe the company’s strategic pivot toward high‑margin satellite‑broadband services and the launch of new network control systems will lift the stock. For investors, the combination of insider buying, a high market cap, and a disciplined 10b‑5‑1 plan may be a bullish indicator that the stock is undervalued relative to its growth prospects.

Craig Andrew: A Consistent Pro‑Investor

Over the past year, Andrew has maintained a steady balance of 50–60 % of his holdings in restricted stock units, 20 % in employee options, and 30 % in common stock. He has exercised options regularly, with a 75 % vesting of a 46,200‑share award on November 3, followed by a partial exercise of 22,500 shares on November 4. His average purchase price for common stock over the last 12 months is roughly $30, compared with the current price of $59.38, indicating a strong long‑term upside expectation. The pattern of disciplined buying, coupled with his leadership role in the government‑services segment—an area poised for increased demand in defense and remote connectivity—suggests that Andrew is not merely trading for short‑term gains but is backing the company’s long‑term strategic direction.

Takeaway for Investors

The latest insider activity provides a mixed but ultimately encouraging signal. While the stock remains volatile and has a negative P/E, insiders are actively buying under approved plans, and the company’s new incentive program is designed to accelerate value creation. For investors weighing a position in Viasat, Andrew’s recent purchase could be interpreted as a vote of confidence in the company’s future trajectory, warranting closer attention to the upcoming quarterly earnings and the progress of the Value Creation Incentive Program.