GILT President, Gilat Peru Arieh Rohrstock Sells $268K of Stock
Gilat Peru's President sells over 17,000 shares in a planned move.
Reviewed by automated data checks against the source filing. How we make and check alerts
Arieh Rohrstock, President, Gilat Peru at Gilat Satellite Networks Ltd. ($GILT), sold 17,568 shares at an average price of $15.23, worth about $267,560.64, on June 11, 2026. The trade was reported to the SEC in a Form 4 filing and was made under a pre-arranged Rule 10b5-1 trading plan.
Since the trade, $GILT is down 14.2% after 1 week, down 24.9% after 1 month and down 49.1% to date (from the $15.37 close on Jun 11, 2026).
GILT
Gilat Satellite Networks Ltd.
Key Points
- Arieh Rohrstock, President of Gilat Peru, sold 17,568 shares of GILT on June 11, 2026, at an average price of $15.23, totaling $267,560.
- GILT shares trade around $15.00, with significant institutional activity including a reduction by Clal Insurance Enterprises Holdings Ltd.
- Needham reiterated its 'buy' rating on GILT with a target price of $20 as of February 11, 2026.
Get $GILT trade alerts by text
We text you when insiders, Congress or big funds trade $GILT. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Gilat Satellite Networks Ltd. alert may contain errors. Disclosures
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 Gilat Satellite Networks Ltd.
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.
Related Filing Alerts
Source: Arieh Rohrstock's Form 4 filing on $GILT (Jun 11, 2026). Find the original filing: GILT Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts