DISH Network Corp (NASDAQ:DISH) insider James Defranco purchased 5,000 shares of the business’s stock in a transaction that occurred on Monday, December 3rd. The stock was acquired at an average price of $32.99 per share, for a total transaction of $164,950.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

James Defranco also recently made the following trade(s):

  • On Tuesday, November 20th, James Defranco purchased 15,000 shares of DISH Network stock. The stock was acquired at an average price of $32.28 per share, for a total transaction of $484,200.00.
  • On Monday, November 12th, James Defranco purchased 10,000 shares of DISH Network stock. The stock was acquired at an average price of $31.77 per share, for a total transaction of $317,700.00.
  • On Monday, November 5th, James Defranco purchased 15,000 shares of DISH Network stock. The stock was acquired at an average price of $31.06 per share, for a total transaction of $465,900.00.
  • On Friday, October 26th, James Defranco acquired 5,000 shares of DISH Network stock. The stock was bought at an average price of $28.99 per share, for a total transaction of $144,950.00.
  • On Monday, October 29th, James Defranco acquired 25,000 shares of DISH Network stock. The stock was bought at an average price of $29.00 per share, for a total transaction of $725,000.00.
  • On Monday, October 22nd, James Defranco acquired 5,000 shares of DISH Network stock. The stock was bought at an average price of $34.96 per share, for a total transaction of $174,800.00.
  • On Wednesday, October 24th, James Defranco acquired 15,000 shares of DISH Network stock. The stock was bought at an average price of $32.98 per share, for a total transaction of $494,700.00.
  • On Monday, October 15th, James Defranco acquired 10,000 shares of DISH Network stock. The stock was bought at an average price of $32.99 per share, for a total transaction of $329,900.00.
  • On Thursday, October 11th, James Defranco acquired 5,000 shares of DISH Network stock. The stock was bought at an average price of $32.99 per share, for a total transaction of $164,950.00.
  • On Friday, October 5th, James Defranco acquired 5,000 shares of DISH Network stock. The stock was bought at an average price of $34.99 per share, for a total transaction of $174,950.00.

Shares of NASDAQ:DISH opened at $31.93 on Friday. DISH Network Corp has a 1 year low of $27.54 and a 1 year high of $50.49. The company has a market cap of $14.97 billion, a PE ratio of 10.96 and a beta of 1.22. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.56 and a current ratio of 0.62.

DISH Network (NASDAQ:DISH) last announced its earnings results on Wednesday, November 7th. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.15. DISH Network had a return on equity of 20.26% and a net margin of 19.01%. The firm had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same quarter last year, the firm posted $0.57 EPS. The business’s revenue was down 5.3% on a year-over-year basis. Sell-side analysts expect that DISH Network Corp will post 2.96 EPS for the current fiscal year.

Several equities research analysts have commented on the company. Royal Bank of Canada set a $40.00 price objective on DISH Network and gave the stock a “hold” rating in a research report on Monday, November 19th. Wolfe Research assumed coverage on DISH Network in a research report on Friday. They issued a “market perform” rating on the stock. Zacks Investment Research upgraded DISH Network from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a research report on Tuesday, November 13th. Morgan Stanley lowered their price objective on DISH Network from $39.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Thursday. Finally, BidaskClub upgraded DISH Network from a “sell” rating to a “hold” rating in a research report on Friday, November 2nd. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $38.54.

A number of hedge funds have recently made changes to their positions in DISH. Janney Montgomery Scott LLC lifted its holdings in DISH Network by 48.9% in the 2nd quarter. Janney Montgomery Scott LLC now owns 18,261 shares of the company’s stock valued at $614,000 after purchasing an additional 5,999 shares in the last quarter. Aperio Group LLC lifted its holdings in DISH Network by 22.2% in the 2nd quarter. Aperio Group LLC now owns 70,346 shares of the company’s stock valued at $2,364,000 after purchasing an additional 12,795 shares in the last quarter. First Trust Advisors LP lifted its holdings in DISH Network by 286.6% in the 2nd quarter. First Trust Advisors LP now owns 803,108 shares of the company’s stock valued at $26,992,000 after purchasing an additional 595,347 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in DISH Network by 12.4% in the 2nd quarter. Victory Capital Management Inc. now owns 64,635 shares of the company’s stock valued at $2,172,000 after purchasing an additional 7,117 shares in the last quarter. Finally, Barings LLC lifted its holdings in DISH Network by 80.0% in the 2nd quarter. Barings LLC now owns 33,300 shares of the company’s stock valued at $1,119,000 after purchasing an additional 14,800 shares in the last quarter. Institutional investors own 48.64% of the company’s stock.

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DISH Network Company Profile

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages.

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