Rep. Lisa C. McClain Sells Off Shares of EchoStar Corporation (NASDAQ:SATS)

Representative Lisa C. McClain (R-Michigan) recently sold shares of EchoStar Corporation NASDAQ: SATS. In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in EchoStar stock on October 30th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

• From Debt to Liftoff: EchoStar's $23 Billion Catalyst

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Ciena NYSE: CIEN on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Coherent NYSE: COHR on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Clorox NYSE: CLX on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Northern Trust NASDAQ: NTRS on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Honda Motor NYSE: HMC on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Home BancShares NYSE: HOMB on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Five Below NASDAQ: FIVE on 10/31/2025.
• Sold $1,001 - $15,000 in shares of Pure Storage NYSE: PSTG on 10/31/2025.
• Sold $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 10/31/2025.

EchoStar Stock Performance

Shares of SATS traded down $0.61 during trading hours on Tuesday, reaching $70.31. 1,159,049 shares of the company traded hands, compared to its average volume of 3,621,150. The company has a quick ratio of 1.15, a current ratio of 1.22 and a debt-to-equity ratio of 1.28. The business has a fifty day moving average price of $73.07 and a 200-day moving average price of $46.70. EchoStar Corporation has a 12-month low of $14.90 and a 12-month high of $85.37. The stock has a market capitalization of $20.24 billion, a P/E ratio of -67.02 and a beta of 0.94.

• MarketBeat Week in Review – 1/8 - 1/12

EchoStar (NASDAQ:SATS - Get Free Report) last posted its quarterly earnings results on Thursday, November 6th. The communications equipment provider reported ($44.37) earnings per share for the quarter, missing the consensus estimate of ($1.23) by ($43.14). The firm had revenue of $3.61 billion for the quarter, compared to analysts' expectations of $3.75 billion. EchoStar had a negative net margin of 2.04% and a negative return on equity of 1.58%. The firm's revenue for the quarter was down 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.52) EPS. Equities analysts anticipate that EchoStar Corporation will post -1.99 EPS for the current fiscal year.

Insiders Place Their Bets

In other EchoStar news, COO Paul Gaske sold 45,000 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $80.25, for a total value of $3,611,250.00. Following the completion of the transaction, the chief operating officer owned 1,593 shares in the company, valued at approximately $127,838.25. This represents a 96.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kathleen Q. Abernathy sold 16,754 shares of the firm's stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $82.35, for a total value of $1,379,691.90. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 460,740 shares of company stock valued at $35,967,480. Corporate insiders own 55.90% of the company's stock.

Hedge Funds Weigh In On EchoStar

• Is EchoStar a buy after the Dish Network buyout?

A number of hedge funds and other institutional investors have recently bought and sold shares of SATS. Deseret Mutual Benefit Administrators purchased a new position in EchoStar during the 3rd quarter worth $28,000. Caitong International Asset Management Co. Ltd purchased a new position in EchoStar during the third quarter worth about $38,000. Bessemer Group Inc. lifted its position in EchoStar by 79.1% in the third quarter. Bessemer Group Inc. now owns 838 shares of the communications equipment provider's stock valued at $64,000 after purchasing an additional 370 shares during the period. Farther Finance Advisors LLC boosted its holdings in EchoStar by 593.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 922 shares of the communications equipment provider's stock valued at $70,000 after purchasing an additional 789 shares in the last quarter. Finally, Danske Bank A S acquired a new position in EchoStar during the 3rd quarter worth approximately $92,000. 33.62% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SATS has been the subject of a number of research reports. Morgan Stanley boosted their target price on shares of EchoStar from $59.00 to $91.00 and gave the company an "equal weight" rating in a research report on Tuesday, September 9th. Citigroup raised their target price on EchoStar from $85.00 to $87.00 and gave the stock a "neutral" rating in a report on Tuesday, November 11th. TD Cowen upped their price objective on EchoStar from $28.00 to $67.00 and gave the stock a "buy" rating in a research report on Wednesday, August 27th. Cowen reissued a "buy" rating on shares of EchoStar in a report on Wednesday, August 27th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of EchoStar in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $75.60.

Read Our Latest Stock Analysis on EchoStar

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About EchoStar

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; and multichannel, live-linear and on-demand streaming over-the-top internet-based domestic, international, Latino, and Freestream video programming services under the DISH and SLING brand names.

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