Congressman Jonathan Jackson, representing Illinois’s 1st congressional district, has made a partial sale of shares in ViaSat, Inc. (), according to a recent congressional trade report. The transaction was carried out through his Morgan Stanley Trust Account.
The sale, which took place on August 28, 2026, was reported on September 2, 2026. The amount of the transaction falls in the range of $1,001 to $15,000.
ViaSat Inc. is a communications company that provides satellite broadband and wireless services, secure networking systems, and associated digital television services. The company’s common stock is listed on the NASDAQ exchange under the ticker symbol VSAT. The stock has surged 108% year-to-date and 138% over the past year, currently trading at $74.09 with a market cap of $10.2 billion. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value estimate.
The transaction was a partial sale, indicating that Jackson still retains some shares in ViaSat. The report did not specify the exact number of shares sold or the price at which they were sold.
The sale was made from Jackson’s Morgan Stanley Trust Account. Trust accounts are often used by individuals to manage their assets, providing a degree of protection and control over the distribution of the assets.
It’s important to note that members of Congress are required to disclose their transactions to ensure transparency and prevent conflicts of interest. This report is part of that disclosure process.
This sale doesn’t necessarily reflect on ViaSat’s performance or potential as an investment. InvestingPro data reveals the stock exhibits high volatility, though analysts predict the company will turn profitable this year. For deeper insights, investors can access ViaSat’s comprehensive Pro Research Report, one of 1,400+ available on the platform. It’s always wise for investors to conduct their own research and consult with a financial advisor when making investment decisions.
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