Echostar Corp (SATS) Files Form 4 Insider Selling : Kenneth G Carroll Sells 6,279 Shares

Echostar Corp (SATS): Kenneth G Carroll , EVP of Corp & Bus Development of Echostar Corp sold 6,279 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 26, 2016 to the Securities and Exchange Commission. The shares were sold at $40.39 per share for a total value of $253,446.86 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 28, 2016, Kranti Kilaru (EVP, Bus Systems, IT & Ops) sold 800 shares at $42.96 per share price.On Mar 14, 2016, Anthony M Federico (director) sold 2,000 shares at $45.47 per share price.Also, On Mar 2, 2016, David Rayner (EVP, CFO & Treasurer) sold 3,000 shares at $45.02 per share price.On Feb 26, 2016, Tom A Ortolf (director) sold 5,600 shares at $40.50 per share price.

Echostar Corporation: On Wednesday, May 25, 2016 heightened volatility was witnessed in Echostar Corporation which led to swings in the share price. The shares opened for trading at $40.53 and hit $40.83 on the upside , eventually ending the session at $40.53, with a gain of 0.35% or 0.14 points. The heightened volatility saw the trading volume jump to 95,878 shares. The 52-week high of the share price is $51.8999 and the company has a market cap of $3,800 M . The 52-week low of the share price is at $30.86.

Echostar Corporation Money Flow Index Chart

EchoStar Corporation is a holding company. Through its subsidiaries the Company provides satellite operations video delivery solutions digital set-top boxes and broadband satellite technologies and services delivering network technologies managed services and solutions for enterprises and Governments. It operates in three business segments: EchoStar Technologies Hughes and EchoStar Satellite Services. Its satellite fleet consists of both owned and leased satellites which include SPACEWAY 3(1) QuetzSat-1(2) EchoStar XVII and AMC-15 among others. The EchoStar Technologies segment designs develops and distributes digital set-top boxes and related products and technology. The Hughes segment provides satellite broadband Internet access and broadband network services and equipment to enterprise markets. The EchoStar Satellite Services segment uses certain of its owned and leased in-orbit satellites and related licenses to provide satellite services.

Leave a Reply

Echostar Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Echostar Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.