In a filing, EchoStar Corp revealed its CHIEF LEGAL OFFICER Manson Dean unloaded 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 sold. As a result of this transaction, Manson Dean now holds 2,332 shares worth roughly $58276.67999999999.
Then, Manson Dean bought 5,000 shares, generating $150,250 in total proceeds.
Before that, Messner Timothy A. bought 24,331 shares. EchoStar Corp shares valued at $754,579 were divested by the Officer at a price of $31.01 per share.
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 -4.47% to $24.99. Over the last five days, the stock has lost -5.56%. EchoStar Corp shares have risen nearly 9.13% since the year began. Nevertheless, the stocks have risen 92.97% over the past one year. While a 52-week high of $32.48 was reached on 03/03/25, a 52-week low of $12.66 was recorded on 01/02/25. SMA at 50 days reached $27.94, while 200 days put it at $23.47.
Levels Of Support And Resistance For SATS Stock
The 24-hour chart illustrates a support level at 24.55, which if violated will result in even more drops to 24.10. On the upside, there is a resistance level at 25.80. A further resistance level may holdings at 26.60. The Relative Strength Index (RSI) on the 14-day chart is 34.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.88%. Stochastics %K at 27.05% indicates the stock is a holding.
How much short interest is there in EchoStar Corp?
A steep rise in short interest was recorded in EchoStar Corp stocks on 2025-03-14, dropping by 78774.0 shares to a total of 16.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 16.43 million shares. There was a decline of -0.48%, which implies that there is a negative sentiment for the stock.
