Viasat (NASDAQ:VSAT) Stock Sale Revealed by Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Viasat Inc. (NASDAQ:VSAT). In a filing disclosed on October 19th, the Representative disclosed that they had sold between $50,001 and $100,000 in Viasat stock on September 28th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Estee Lauder Companies (NYSE:EL) on 9/28/2026.
• Sold $50,001 – $100,000 in shares of Walmart (NASDAQ:WMT) on 9/28/2026.
• Purchased $15,001 – $50,000 in shares of Guardant Health (NASDAQ:GH) on 9/28/2026.
• Purchased $50,001 – $100,000 in shares of Datadog (NASDAQ:DDOG) on 9/28/2026.
• Sold $1,001 – $15,000 in shares of Tortoise Energy Infrastructure (NYSE:TYG) on 9/4/2026.
• Sold $1,001 – $15,000 in shares of Viasat (NASDAQ:VSAT) on 8/28/2026.

Viasat Trading Up 4.0%

NASDAQ:VSAT opened at $62.59 on Thursday. Viasat Inc. has a 12 month low of $29.13 and a 12 month high of $93.03. The company has a current ratio of 1.68, a quick ratio of 1.52 and a debt-to-equity ratio of 1.23. The firm’s 50 day moving average is $71.43 and its 200 day moving average is $70.59. The stock has a market capitalization of $8.62 billion, a PE ratio of -260.79 and a beta of 1.76.

Viasat (NASDAQ:VSAT) last announced its quarterly earnings data on Tuesday, August 4th. The communications equipment provider reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.07. Viasat had a positive return on equity of 1.44% and a negative net margin of 0.64%. The business had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the company earned $0.17 earnings per share. Viasat’s revenue was down 1.2% compared to the same quarter last year. Sell-side analysts expect that Viasat Inc. will post -0.38 earnings per share for the current year.

Insider Transactions at Viasat

In related news, Director John P. Stenbit sold 705 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $66.75, for a total value of $47,058.75. Following the sale, the director owned 545 shares in the company, valued at approximately $36,378.75. This trade represents a 56.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Craig Miller sold 11,893 shares of the firm’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $71.61, for a total value of $851,657.73. Following the completion of the sale, the senior vice president directly owned 41,570 shares in the company, valued at approximately $2,976,827.70. The trade was a 22.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 253,656 shares of company stock valued at $20,240,465. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VSAT. BlackRock Inc. bought a new stake in Viasat during the 2nd quarter valued at $1,863,374,000. Dimensional Fund Advisors LP boosted its holdings in shares of Viasat by 18.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,789,539 shares of the communications equipment provider’s stock worth $219,346,000 after acquiring an additional 738,656 shares during the period. Van ECK Associates Corp grew its position in shares of Viasat by 53.1% in the second quarter. Van ECK Associates Corp now owns 2,243,040 shares of the communications equipment provider’s stock valued at $201,447,000 after purchasing an additional 777,761 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Viasat in the second quarter valued at $127,283,000. Finally, Tidal Investments LLC grew its position in shares of Viasat by 8,261.7% in the second quarter. Tidal Investments LLC now owns 976,646 shares of the communications equipment provider’s stock valued at $87,713,000 after purchasing an additional 964,966 shares in the last quarter. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Viasat in a research note on Thursday, October 15th. Morgan Stanley set a $95.00 price target on Viasat in a research note on Monday, August 10th. Needham & Company LLC increased their price target on Viasat from $90.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Oppenheimer began coverage on Viasat in a report on Monday, June 29th. They issued an “outperform” rating and a $140.00 price objective for the company. Finally, Zacks Research upgraded Viasat from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Viasat has a consensus rating of “Moderate Buy” and a consensus target price of $90.67.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

About Viasat

Viasat, Inc is a communications technology company that provides satellite-based connectivity and related services to commercial, government and consumer customers. The company’s offerings include high-speed broadband, satellite communications, network services and connectivity solutions designed for locations where terrestrial networks may be limited or unavailable.

Viasat serves the aviation, maritime, residential broadband, enterprise and government markets. Its services support in-flight internet for commercial and business aircraft, connectivity for ships and offshore operations, broadband access for homes and communities, and secure communications for government and defense customers.