Arieh Rohrstock Offloads GILT Shares

Arieh Rohrstock, President of Gilat Peru, sold 17,568 shares of GILT on June 11, 2026. The shares were sold at an average price of $15.23, bringing the total transaction value to approximately $267,560. This sale was part of a planned transaction, as reported in the company's insider filings.

Insider Buying and Selling at GILT

The recent sale by Arieh Rohrstock is part of a series of insider transactions at GILT. On the same day, Rohrstock also sold 30,000 shares, although the transaction was not planned. Earlier this year, other executives, including CEO Adi Sfadia and Chief Legal Officer Doron Kerbel, also sold shares. Notably, Sfadia sold 48,978 shares on March 18, 2026, at an average price of $16.85.

Other Institutional Activity in GILT

GILT has seen varied institutional activity. Phoenix Financial Ltd. reduced its holdings by 290,911 shares, ending with 4,959,311 shares valued at approximately $74.49 million. Clal Insurance Enterprises Holdings Ltd. cut its stake significantly by 1,142,528 shares, holding onto 4,413,627 shares worth about $65.48 million. Meanwhile, Vanguard Capital Management LLC initiated a position with 1,821,168 shares, valued at $27.53 million. Van Eck Associates Corp increased its holdings by 153,734 shares, totaling 1,221,875 shares valued at $18.35 million.

Analysts Set New Price Targets

On February 11, 2026, Needham reiterated its 'buy' rating for GILT with a target price of $20. The firm has consistently maintained a positive outlook on the stock, with previous targets set at $16 and $11 in prior assessments. The consensus among analysts remains optimistic, with a strong buy recommendation.

Bottom Line

The recent insider selling by Arieh Rohrstock is part of a broader trend of insider activity at GILT. Investors often track such transactions to gauge insider sentiment. While institutional investors have shown mixed activity, analysts like Needham continue to express confidence in GILT's future prospects, reiterating their buy ratings. As always, it's important to remember that insider and institutional transactions are historical data and may not indicate current positions.