Viasat (NASDAQ:VSAT) Stock Sold Off 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 Stock Down 0.2%

Shares of VSAT opened at $60.17 on Wednesday. The company’s 50-day simple moving average is $71.93 and its 200-day simple moving average is $70.53. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.52 and a current ratio of 1.68. Viasat Inc. has a 1 year low of $29.13 and a 1 year high of $93.03. The stock has a market capitalization of $8.29 billion, a PE ratio of -250.71 and a beta of 1.76.

Viasat (NASDAQ:VSAT) last issued its earnings results on Tuesday, August 4th. The communications equipment provider reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.07. Viasat had a negative net margin of 0.64% and a positive return on equity of 1.44%. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the firm posted $0.17 earnings per share. The company’s revenue was down 1.2% compared to the same quarter last year. Analysts forecast that Viasat Inc. will post -0.38 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Viasat news, SVP Craig Miller sold 11,893 shares of the company’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 sale, the senior vice president owned 41,570 shares of the company’s stock, valued at $2,976,827.70. This represents a 22.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Benjamin Palmer sold 2,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $69.87, for a total transaction of $139,740.00. Following the completion of the sale, the senior vice president owned 28,087 shares in the company, valued at $1,962,438.69. This represents a 6.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 253,656 shares of company stock valued at $20,240,465 in the last three months. 1.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Viasat

Several large investors have recently modified their holdings of the company. BlackRock Inc. purchased a new position in Viasat in the 2nd quarter valued at approximately $1,863,374,000. SummerHaven Investment Management LLC acquired a new position in Viasat during the third quarter worth $3,607,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Viasat during the second quarter worth $11,902,000. South Dakota Investment Council boosted its position in Viasat by 92.6% during the first quarter. South Dakota Investment Council now owns 336,056 shares of the communications equipment provider’s stock worth $15,391,000 after purchasing an additional 161,552 shares in the last quarter. Finally, Everett Harris & Co. CA purchased a new stake in Viasat during the second quarter worth $5,423,000. 86.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Oppenheimer initiated coverage on Viasat in a research note on Monday, June 29th. They set an “outperform” rating and a $140.00 target price for the company. Zacks Research raised shares of Viasat from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Needham & Company LLC raised their price objective on shares of Viasat from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Viasat in a research report on Thursday, October 15th. Finally, Wall Street Zen cut shares of Viasat from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.