Rep. Lisa C. McClain Buys EchoStar Corporation (NASDAQ:SATS) Shares

Representative Lisa C. McClain (R-Michigan) recently bought shares of EchoStar Corporation (NASDAQ:SATS). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in EchoStar stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

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 Up 3.2%

NASDAQ SATS opened at $73.13 on Friday. The company has a market capitalization of $21.05 billion, a P/E ratio of -69.65 and a beta of 0.94. The stock has a 50 day moving average price of $73.08 and a 200-day moving average price of $47.73. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.15 and a current ratio of 1.22. EchoStar Corporation has a one year low of $14.90 and a one year high of $85.37.

EchoStar (NASDAQ:SATSGet Free Report) last issued its quarterly earnings data on Thursday, November 6th. The communications equipment provider reported ($44.37) EPS for the quarter, missing analysts’ consensus estimates of ($1.23) by ($43.14). The business had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.75 billion. EchoStar had a negative return on equity of 1.58% and a negative net margin of 2.04%.The business’s quarterly revenue was down 7.1% on a year-over-year basis. During the same period in the previous year, the business earned ($0.52) earnings per share. As a group, equities analysts predict that EchoStar Corporation will post -1.99 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Citigroup boosted their price objective on EchoStar from $85.00 to $87.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of EchoStar in a research report on Wednesday, October 8th. Cowen restated a “buy” rating on shares of EchoStar in a research report on Wednesday, August 27th. TD Cowen lifted their price objective on shares of EchoStar from $28.00 to $67.00 and gave the stock a “buy” rating in a research note on Wednesday, August 27th. Finally, Morgan Stanley increased their target price on shares of EchoStar from $59.00 to $91.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 9th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $75.60.

Check Out Our Latest Stock Analysis on EchoStar

Insider Transactions at EchoStar

In other EchoStar news, CEO Hamid Akhavan sold 233,918 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $75.35, for a total transaction of $17,625,721.30. Following the transaction, the chief executive officer directly owned 376,805 shares in the company, valued at $28,392,256.75. This trade represents a 38.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kathleen Q. Abernathy sold 16,754 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $82.35, for a total value of $1,379,691.90. The SEC filing for this sale provides additional information. Insiders sold 482,740 shares of company stock worth $37,448,960 in the last ninety days. 55.90% of the stock is owned by company insiders.

Institutional Trading of EchoStar

Hedge funds and other institutional investors have recently bought and sold shares of the business. CIBC Bancorp USA Inc. purchased a new position in EchoStar in the 3rd quarter worth about $1,104,000. Danske Bank A S purchased a new position in shares of EchoStar during the third quarter worth approximately $92,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of EchoStar during the third quarter worth approximately $38,000. Abel Hall LLC bought a new stake in shares of EchoStar during the third quarter valued at approximately $316,000. Finally, Two Seas Capital LP purchased a new stake in shares of EchoStar in the third quarter valued at approximately $22,333,000. Hedge funds and other institutional investors own 33.62% of the company’s stock.

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.

EchoStar Company Profile

(Get Free Report)

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.

Further Reading

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