DISH Network Corp CFO Sells $775,920 in Stock (DISH)
DISH Network Corp (NASDAQ:DISH) CFO Robert E. Olson unloaded 12,000 shares of DISH Network Corp stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $64.66, for a total value of $775,920.00. Following the completion of the sale, the chief financial officer now directly owns 4,091 shares in the company, valued at approximately $264,524. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on DISH. Analysts at Goldman Sachs initiated coverage on shares of DISH Network Corp in a research note on Tuesday. They set a “buy” rating and a $78.00 price target on the stock. Separately, analysts at Wunderlich cut their price target on shares of DISH Network Corp from $60.00 to $56.00 in a research note on Friday, August 22nd. They now have a “hold” rating on the stock. Finally, analysts at Brean Capital raised their price target on shares of DISH Network Corp from $62.00 to $78.00 in a research note on Thursday, August 7th. They now have a “buy” rating on the stock. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $61.95.
DISH Network Corp (NASDAQ:DISH) traded down 0.18% during mid-day trading on Wednesday, hitting $65.88. The stock had a trading volume of 1,070,764 shares. DISH Network Corp has a one year low of $43.75 and a one year high of $67.50. The stock has a 50-day moving average of $63.84 and a 200-day moving average of $61.44. The company has a market cap of $30.348 billion and a price-to-earnings ratio of 30.70.
DISH Network Corp (NASDAQ:DISH) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.46 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.51 by $0.05. The company had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter last year, the company posted ($0.02) earnings per share. DISH Network Corp’s revenue was up 5.8% compared to the same quarter last year. On average, analysts predict that DISH Network Corp will post $1.68 earnings per share for the current fiscal year.
DISH Network Corporation is a pay-television (NASDAQ:DISH) provider, with approximately 13.
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