Viasat (NASDAQ:VSAT) Stock Sold Off Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Viasat Inc. (NASDAQ:VSAT). In a filing disclosed on September 03rd, the Representative disclosed that they had sold between $1,001 and $15,000 in Viasat stock on August 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 $1,001 – $15,000 in shares of Hilton Worldwide (NYSE:HLT) on 6/15/2026.
• Sold $1,001 – $15,000 in shares of McKesson (NYSE:MCK) on 6/15/2026.
• Purchased $1,001 – $15,000 in shares of Sphere Entertainment (NYSE:SPHR) on 6/15/2026.

Viasat Stock Up 5.0%

VSAT opened at $75.32 on Friday. The stock’s 50 day moving average price is $76.09 and its 200 day moving average price is $65.11. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.68 and a quick ratio of 1.52. The stock has a market cap of $10.38 billion, a P/E ratio of -313.83 and a beta of 1.70. Viasat Inc. has a 12 month low of $26.10 and a 12 month high of $93.03.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Viasat from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Oppenheimer initiated coverage on shares of Viasat in a research note on Monday, June 29th. They set an “outperform” rating and a $140.00 target price on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Viasat in a research report on Friday, July 17th. Needham & Company LLC increased their price objective on shares of Viasat from $90.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Barclays set a $49.00 price objective on shares of Viasat in a research note on Friday, May 29th. One equities research 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $90.67.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VSAT. Versant Capital Management Inc lifted its holdings in Viasat by 4.4% in the 2nd quarter. Versant Capital Management Inc now owns 4,940 shares of the communications equipment provider’s stock valued at $444,000 after acquiring an additional 207 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Viasat by 2.6% in the 1st quarter. Cetera Investment Advisers now owns 8,605 shares of the communications equipment provider’s stock worth $394,000 after purchasing an additional 217 shares during the last quarter. Elevation Wealth Partners LLC grew its stake in shares of Viasat by 935.3% in the 2nd quarter. Elevation Wealth Partners LLC now owns 352 shares of the communications equipment provider’s stock worth $32,000 after purchasing an additional 318 shares during the last quarter. Aberdeen Wealth Management LLC bought a new stake in shares of Viasat in the 2nd quarter worth approximately $30,000. Finally, Vise Technologies Inc. lifted its stake in Viasat by 4.8% during the fourth quarter. Vise Technologies Inc. now owns 7,446 shares of the communications equipment provider’s stock valued at $257,000 after purchasing an additional 342 shares during the last quarter. 86.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director John P. Stenbit sold 705 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $66.75, for a total transaction of $47,058.75. Following the completion of the sale, the director directly owned 545 shares of the company’s stock, valued at $36,378.75. This trade represents a 56.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Theresa Wise sold 2,500 shares of Viasat stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $84.69, for a total value of $211,725.00. Following the completion of the transaction, the director owned 11,000 shares in the company, valued at $931,590. The trade was a 18.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 646,791 shares of company stock valued at $45,603,368 in the last ninety days. 1.40% of the stock is owned by company insiders.

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 (NASDAQ: VSAT) provides high?capacity satellite broadband and wireless communications services to consumer, commercial and government customers worldwide. The company designs and operates satellite systems and network infrastructure to deliver secure, high-speed connectivity across remote and underserved regions, as well as managed networking solutions for enterprises and public sector agencies.

Viasat’s product offerings include residential and enterprise satellite internet services, in-flight connectivity for commercial airlines and business jets, and secure networking platforms tailored to defense and intelligence users.