Shares of DISH Network Corporation (NASDAQ:DISH) Sees Large Inflow of Net Money Flow

DISH Network Corporation (NASDAQ:DISH) had a weak trading session and its shares were last down at $52.9, down -0.57% or -1.07 points. The trading data also revealed that the total net flow stood at $2.02 million as the shares had $12.3 million in upticks but lost $10.28 million in downticks. The up/down ratio was 1.2. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -2.58% in the shares.The block trade data suggests an inflow of $2.65 million in upticks and an outflow of $0.54 million in downticks. The up/down ratio for the block stood at 4.9. The net money flow for this transaction was recorded at $2.11.


Currently the company Insiders own 49.4% of DISH Network Corporation shares according to the proxy statements. Institutional Investors own 45.73% of DISH Network Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -14.67%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Dodge R Stanton, officer (EVP, Gen Counsel & Sec) of Dish Network Corp, had unloaded 20,000 shares at an average price of $48.79 in a transaction dated on May 31, 2016. The total value of the transaction was worth $975,800.

DISH Network Corporation (NASDAQ:DISH) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.09 points or 2.04% at $52.38 with 2,814,148 shares getting traded. Post opening the session at $53.3, the shares hit an intraday low of $52.34 and an intraday high of $53.58 and the price was in this range throughout the day. The company has a market cap of $24,342 million and the number of outstanding shares have been calculated to be 464,713,250 shares. The 52-week high of DISH Network Corporation (NASDAQ:DISH) is $72.75 and the 52-week low is $38.8455.

Many analysts have stated their opinion on the company shares. Credit Suisse maintains their rating on the shares of DISH Network Corporation (NASDAQ:DISH). The current rating of the shares is Neutral. Equity Analysts at the Firm lowers the price target to $53 per share from $65 per share. The rating by the firm was issued on March 3, 2016.

DISH Network Corporation is a holding company. The Company operates through two segments: DISH and Wireless. It offers a range of video services under the DISH brand, with access to a range of channels depending on the level of subscription. Its standard programming packages include programming provided by national broadcast networks, local broadcast networks and national and regional cable networks. It also offers programming packages that include sports channels, movie channels, and Latino and international programming. It also offers wireline voice and broadband services under the dishNET brand as a competitive local exchange carrier to consumers living in a 14 state region in the western United States. The Company also offers Sling TV, a live, linear streaming over-the-top (OTT) service, including 14 channels offered for a monthly subscription. The Company owns a range of wireless spectrum licenses and related assets. It owns 700 MHz Licenses, AWS-4 Licenses and H Block Licenses.

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