In a filing, EchoStar Corp revealed its Officer Manson Dean acquired Company’s shares for reported $0.15 million on Mar 06 ’25. In the deal valued at $30.05 per share,5,000 shares were bought.
Then, Messner Timothy A. bought 24,331 shares, generating $754,579 in total proceeds.
Before that, ERGEN CHARLES W bought 1,551,355 shares. EchoStar Corp shares valued at $43,499,994 were divested by the CHAIRMAN at a price of $28.04 per share. As a result of the transaction, ERGEN CHARLES W now holds 1,551,355 shares, worth roughly $43.66 million.
A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early October from “a Strong buy” to “a Mkt perform”. JP Morgan also remained covering SATS and has decreased its forecast on August 12, 2024 with a “an Underweight” recommendation from previously “Neutral” rating. JP Morgan started covering the stock on January 17, 2024. It rated SATS as “a Neutral”.
Price Performance Review of SATS
On Friday, EchoStar Corp [NASDAQ:SATS] saw its stock fall -0.85% to $28.14. Over the last five days, the stock has lost -9.89%. EchoStar Corp shares have risen nearly 22.88% since the year began. Nevertheless, the stocks have risen 116.46% over the past one year. While a 52-week high of $32.48 was reached on 03/03/25, a 52-week low of $12.36 was recorded on 01/02/25. SMA at 50 days reached $27.01, while 200 days put it at $22.91.
Levels Of Support And Resistance For SATS Stock
The 24-hour chart illustrates a support level at 27.05, which if violated will result in even more drops to 25.95. On the upside, there is a resistance level at 28.95. A further resistance level may holdings at 29.75. The Relative Strength Index (RSI) on the 14-day chart is 45.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.70, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.87%. Stochastics %K at 32.22% indicates the stock is a holding.
