Gilat Satellite Networks Ltd. $GILT Stake Lowered by Yelin Lapidot Holdings Management Ltd.

Yelin Lapidot Holdings Management Ltd. cut its holdings in Gilat Satellite Networks Ltd. (NASDAQ:GILT) by 73.4% in the fourth quarter, HoldingsChannel reports. The firm owned 181,549 shares of the communications equipment provider’s stock after selling 500,000 shares during the period. Yelin Lapidot Holdings Management Ltd.’s holdings in Gilat Satellite Networks were worth $2,349,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. bought a new stake in Gilat Satellite Networks in the third quarter worth $26,000. SBI Securities Co. Ltd. boosted its holdings in Gilat Satellite Networks by 82.1% during the fourth quarter. SBI Securities Co. Ltd. now owns 2,130 shares of the communications equipment provider’s stock valued at $28,000 after acquiring an additional 960 shares during the period. Signaturefd LLC boosted its holdings in Gilat Satellite Networks by 104.5% during the fourth quarter. Signaturefd LLC now owns 4,120 shares of the communications equipment provider’s stock valued at $53,000 after acquiring an additional 2,105 shares during the period. Mirae Asset Global Investments Co. Ltd. bought a new stake in Gilat Satellite Networks during the third quarter valued at about $64,000. Finally, Assetmark Inc. acquired a new position in shares of Gilat Satellite Networks during the third quarter valued at about $76,000. 35.72% of the stock is currently owned by institutional investors.

Insider Activity at Gilat Satellite Networks

In other news, insider Doron Kerbel sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $18.03, for a total transaction of $135,225.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Adi Sfadia sold 48,978 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $16.85, for a total transaction of $825,279.30. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.13% of the company’s stock.

Gilat Satellite Networks Stock Performance

Shares of GILT opened at $16.08 on Friday. The company has a 50-day simple moving average of $17.45 and a 200-day simple moving average of $15.46. The firm has a market capitalization of $1.19 billion, a P/E ratio of 31.53 and a beta of 1.05. Gilat Satellite Networks Ltd. has a 52 week low of $5.43 and a 52 week high of $20.93.

Gilat Satellite Networks (NASDAQ:GILT) last posted its quarterly earnings results on Wednesday, May 13th. The communications equipment provider reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.14. The firm had revenue of $110.47 million during the quarter, compared to analyst estimates of $114.56 million. Gilat Satellite Networks had a net margin of 6.80% and a return on equity of 12.62%. As a group, equities analysts forecast that Gilat Satellite Networks Ltd. will post 0.47 earnings per share for the current year.

Gilat Satellite Networks News Summary

Here are the key news stories impacting Gilat Satellite Networks this week:

• Positive Sentiment: Gilat beat Q1 2026 earnings estimates, reporting $0.18 EPS versus consensus of $0.04, and swung to GAAP net income of $5.2 million from a loss a year ago. Article title
• Positive Sentiment: Management said Q1 revenue rose 20% year over year to $110.5 million, with adjusted EBITDA doubling to $15.1 million and operating income turning positive. Article title
• Positive Sentiment: Gilat reaffirmed 2026 guidance, calling for $500 million to $520 million in revenue and $61 million to $66 million in adjusted EBITDA, which signals confidence in continued growth. Article title
• Neutral Sentiment: Recent business wins in India, U.S. defense, aviation connectivity, and ESA terminals support the company’s growth story, but these appear to be longer-term catalysts rather than immediate drivers. Article title
• Negative Sentiment: Revenue of $110.47 million missed analysts’ estimate of $114.56 million, which likely pressured the stock despite the earnings beat. Article title

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price objective on shares of Gilat Satellite Networks in a research report on Tuesday, February 10th. Freedom Capital raised shares of Gilat Satellite Networks from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 12th. Finally, Wall Street Zen lowered shares of Gilat Satellite Networks from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Gilat Satellite Networks currently has an average rating of “Moderate Buy” and a consensus price target of $20.00.

Gilat Satellite Networks Company Profile

Gilat Satellite Networks is a leading provider of satellite-based broadband connectivity solutions, specializing in the design, development and deployment of ground segment equipment and network services. The company’s core offerings include Very Small Aperture Terminal (VSAT) modems and hub systems, network management software, and end-to-end satellite communication platforms. These technologies enable broadband Internet access, enterprise networking, and cellular backhaul in regions where terrestrial infrastructure is limited or non-existent.

Founded in 1987 and headquartered in Petah Tikva, Israel, Gilat has established a track record of innovation in satellite communications.