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Adi Sfadia Sells 48,978 Shares of Gilat Satellite Networks (NASDAQ:GILT) Stock
Gilat Satellite Networks (NASDAQ:GILT) CEO Adi Sfadia sold 48,978 shares of the company’s stock on March 18, 2026, for a total of $825,279.30. The company recently reported strong quarterly earnings, beating analyst expectations with $0.20 EPS and $136.96 million in revenue. Despite institutional investors increasing their holdings, analysts have a “Moderate Buy” rating with an average target price of $20.00.