Rep. Jonathan L. Jackson Sells Viasat Inc. (NASDAQ:VSAT) Stock

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 firm has a market cap of $10.38 billion, a P/E ratio of -313.83 and a beta of 1.70. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.52 and a current ratio of 1.68. The business has a 50 day moving average price of $76.09 and a 200 day moving average price of $65.11. Viasat Inc. has a twelve month low of $26.10 and a twelve month high of $93.03.

Insiders Place Their Bets

In related news, CEO Mark Dankberg sold 400,000 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $64.76, for a total value of $25,904,000.00. Following the sale, the chief executive officer owned 1,082,196 shares of the company’s stock, valued at $70,083,012.96. The trade was a 26.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard Baldridge sold 223,542 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $80.62, for a total transaction of $18,021,956.04. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 646,791 shares of company stock worth $45,603,368 in the last 90 days. 1.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on VSAT shares. Wall Street Zen downgraded Viasat from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $97.00 target price on shares of Viasat in a report on Monday, June 1st. New Street Research began coverage on Viasat in a research report on Wednesday, May 13th. They issued a “buy” rating and a $100.00 price target on the stock. B. Riley Financial upped their price target on Viasat from $94.00 to $106.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, Oppenheimer initiated coverage on shares of Viasat in a research note on Monday, June 29th. They issued an “outperform” rating and a $140.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $90.67.

Institutional Trading of Viasat

Several institutional investors have recently modified their holdings of the company. Royal Bank of Canada boosted its stake in Viasat by 483.2% during the first quarter. Royal Bank of Canada now owns 109,448 shares of the communications equipment provider’s stock worth $1,140,000 after buying an additional 90,680 shares in the last quarter. AQR Capital Management LLC increased its stake in Viasat by 189.7% in the first quarter. AQR Capital Management LLC now owns 452,933 shares of the communications equipment provider’s stock valued at $4,692,000 after acquiring an additional 296,612 shares during the period. Millennium Management LLC raised its position in Viasat by 673.7% in the first quarter. Millennium Management LLC now owns 1,386,089 shares of the communications equipment provider’s stock worth $14,443,000 after purchasing an additional 1,206,935 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Viasat by 64.9% during the first quarter. Goldman Sachs Group Inc. now owns 2,866,242 shares of the communications equipment provider’s stock worth $29,866,000 after purchasing an additional 1,128,338 shares during the period. Finally, Empowered Funds LLC boosted its holdings in Viasat by 6.9% during the first quarter. Empowered Funds LLC now owns 226,184 shares of the communications equipment provider’s stock valued at $2,357,000 after purchasing an additional 14,575 shares in the last quarter. Institutional investors and hedge funds 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.

Viasat Company Profile

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.