Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. EchoStar Corp shares valued at $150,250 were sold by Manson Dean on Mar 06 ’25. At $30.05 per share, Manson Dean sold 5,000 shares. The insider’s holdings dropped to 2,332 shares worth approximately $61308.28 following the completion of this transaction.
Also, Manson Dean purchased 5,000 shares, netting a total of over 150,250 in proceeds.
Before that, Messner Timothy A. had added 24,331 shares to its account. In a trade valued at $754,579, the Officer bought EchoStar Corp shares for $31.01 each.
Analysts at Raymond James downgraded the stock from ‘”a Strong buy”‘ to ‘”a Mkt perform”‘ outlook in a report released in early October. As of August 12, 2024, JP Morgan has decreased its “Neutral” rating to a “an Underweight” for SATS. Earlier on January 17, 2024, JP Morgan initiated its rating. Their recommendation was “a Neutral” for SATS stock.
Analyzing SATS Stock Performance
During the last five days, there has been a drop of approximately -0.11%. Over the course of the year, EchoStar Corp shares have jumped approximately 14.80%. Shares of the company reached a 52-week high of $32.48 on 03/03/25 and a 52-week low of $22.23 on 01/02/25. A 50-day SMA is recorded $27.87, while a 200-day SMA reached $23.58.
Support And Resistance Levels for EchoStar Corp (SATS)
According to the 24-hour chart, there is a support level at 25.19, which, if violated, would cause prices to drop to 24.10. In the upper region, resistance lies at 26.98. The next price resistance is at 27.68. RSI (Relative Strength Index) is 46.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.42, which suggests the price will decrease in the coming days. Percent R is at 41.31%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
