Rep. Jonathan L. Jackson Unloads Shares of Viasat Inc. (NASDAQ:VSAT)

Key Points

• Rep. Jonathan L. Jackson sold between $1,001 and $15,000 of Viasat shares on August 28 from a Morgan Stanley trust account. He also recently bought Hilton Worldwide and Sphere Entertainment shares and sold McKesson shares in similar-value transactions.
• Viasat shares opened at $75.32, with a market capitalization of $10.38 billion and a 52-week trading range of $26.10 to $93.03. Corporate insiders have sold 646,791 shares worth approximately $45.6 million over the past three months.
• Analyst sentiment remains broadly positive, with a MarketBeat consensus rating of “Moderate Buy” and an average price target of $90.67, though targets range from $49 to $140. Institutional investors own approximately 86.05% of Viasat’s outstanding shares.

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 Price Performance

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

Insider Activity at Viasat

In other Viasat news, Director Richard Baldridge sold 223,542 shares of Viasat stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $80.62, for a total value of $18,021,956.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Theresa Wise sold 2,500 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $84.69, for a total transaction of $211,725.00. Following the transaction, the director owned 11,000 shares in the company, valued at approximately $931,590. This trade represents a 18.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 646,791 shares of company stock worth $45,603,368. 1.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on VSAT. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $97.00 price target on shares of Viasat in a research note on Monday, June 1st. Morgan Stanley set a $95.00 target price on Viasat in a report on Monday, August 10th. Oppenheimer assumed coverage on Viasat in a research note on Monday, June 29th. They set an "outperform" rating and a $140.00 price target for the company. Weiss Ratings reiterated a "sell (d-)" rating on shares of Viasat in a research report on Friday, July 17th. Finally, Barclays set a $49.00 price objective on Viasat in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $90.67.

Hedge Funds Weigh In On Viasat

Several institutional investors and hedge funds have recently bought and sold shares of the business. Valued Wealth Advisors LLC acquired a new position in Viasat in the 1st quarter valued at approximately $25,000. Aberdeen Wealth Management LLC acquired a new stake in Viasat during the second quarter valued at $30,000. Elevation Wealth Partners LLC boosted its position in Viasat by 935.3% during the second quarter. Elevation Wealth Partners LLC now owns 352 shares of the communications equipment provider's stock valued at $32,000 after purchasing an additional 318 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in Viasat in the fourth quarter valued at about $36,000. Finally, Los Angeles Capital Management LLC acquired a new position in Viasat in the 4th quarter worth about $38,000. Hedge funds and other 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 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.

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