(C) Reuters. Baupost Group increased stake in Viasat, Inc.
On the 23rd of July, the Baupost Group bought 2.6 million Viasat, Inc. (VSAT) shares for $100 million at an average price of $39.11 per share.
Shares of Viasat, Inc. are down -1.58% since the transaction.
The Baupost Group’s holding in Viasat, Inc. increased to about 16 million shares with the purchase.
The Baupost Group first bought Viasat, Inc. stock in the second quarter of 2008.
Other investors who also added to their Viasat, Inc. shares include California State Teachers Retirement System, the T. Rowe Price Equity Income Fund, and Southeastern Asset Management.
Contrary to the Baupost Group, Financial Engines Advisors, Millennium Management, and NWQ Investment Management Co. reduced VSAT shares, while Fuller & Thaler Asset Management and BT Investment Management sold all their VSAT shares.
Baupost Group increased stake in Viasat, Inc.
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