Viasat (NASDAQ:VSAT) Stock Sale Reported 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 Down 0.2%

NASDAQ:VSAT opened at $60.17 on Wednesday. Viasat Inc. has a one year low of $29.13 and a one year high of $93.03. The firm has a market capitalization of $8.29 billion, a P/E ratio of -250.71 and a beta of 1.76. 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 current ratio of 1.68 and a quick ratio of 1.52.

Viasat (NASDAQ:VSAT) last released its quarterly earnings data on Tuesday, August 4th. The communications equipment provider reported $0.17 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the firm posted $0.17 EPS. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. As a group, analysts forecast that Viasat Inc. will post -0.38 EPS for the current fiscal year.

Insider Transactions at Viasat

In other news, CFO Garrett Chase sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $76.91, for a total transaction of $307,640.00. Following the transaction, the chief financial officer directly owned 51,534 shares of the company’s stock, valued at approximately $3,963,479.94. This trade represents a 7.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Craig Miller sold 11,893 shares of the stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $71.61, for a total value of $851,657.73. Following the completion of the transaction, the senior vice president directly owned 41,570 shares in the company, valued at approximately $2,976,827.70. This trade represents a 22.25% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 253,656 shares of company stock valued at $20,240,465. Company insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on VSAT shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Viasat in a research report on Thursday, October 15th. Morgan Stanley set a $95.00 price objective on Viasat in a research report on Monday, August 10th. Needham & Company LLC lifted their price target on shares of Viasat from $90.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Wall Street Zen downgraded shares of Viasat from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. 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 given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.67.

Institutional Investors Weigh In On Viasat

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

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.