EchoStar Corp (NASDAQ: SATS) is 5.90% higher on its value in year-to-date trading and has touched a low of $14.40 and a high of $32.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SATS stock was last observed hovering at around $23.92 in the last trading session, with the day’s gains setting it 0.33%.
Currently trading at $24.25, the stock is 6.85% and -3.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing 1.38% at the moment leaves the stock 0.68% off its SMA200. SATS registered 39.01% gain for a year compared to 6-month loss of -1.74%.
The stock witnessed a 14.33% gain in the last 1 month and extending the period to 3 months gives it a -14.76%, and is 7.87% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.81% over the week and 5.12% over the month.
EchoStar Corp (SATS) has around 13700 employees, a market worth around $6.95B and $15.83B in sales. Profit margin for the company is -0.76%. Distance from 52-week low is 68.40% and -25.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.24%).
The EPS is expected to shrink by -675.14% this year
The shares outstanding are 155.05M, and float is at 133.91M with Short Float at 10.51%.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.18 million shares valued at $341.68 million. The investor’s holdings represent 7.0639 of the SATS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.57 million shares valued at $241.69 million to account for 4.9967 of the shares outstanding. The other top investors are DODGE & COX which holds 13.56 million shares representing 4.9944 and valued at over $241.58 million, while REDWOOD CAPITAL MANAGEMENT, LLC holds 2.1782 of the shares totaling 5.92 million with a market value of $105.36 million.
EchoStar Corp (SATS) Insider Activity
The most recent transaction is an insider sale by Manson Dean, the company’s CHIEF LEGAL OFFICER. SEC filings show that Manson Dean sold 5,000 shares of the company’s common stock on Mar 06 ’25 at a price of $30.05 per share for a total of $0.15 million. Following the sale, the insider now owns 2332.0 shares.
Still, SEC filings show that on Feb 28 ’25, Messner Timothy A. (Officer) Proposed Sale 24,331 shares at an average price of $31.01 for $0.75 million. The insider now directly holds shares of EchoStar Corp (SATS).
