Dish Network Corp (DISH) Files Form 4 Insider Selling : Paul W Orban Sells 94 Shares

Dish Network Corp (DISH): Paul W Orban , SVP, Chief Accounting Officer of Dish Network Corp sold 94 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 6, 2016 to the Securities and Exchange Commission. The shares were sold at $52.22 per share for a total value of $4,908.68 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, R Stanton Dodge (EVP, Gen Counsel & Sec) sold 20,000 shares at $48.79 per share price.On Jan 5, 2016, Paul W Orban (SVP, Chief Accounting Officer) sold 116 shares at $56.11 per share price.Also, On Dec 30, 2015, David K Moskowitz (director other) sold 300,000 shares at $57.90 per share price.On Nov 20, 2015, Thomas A Cullen (EVP, Corporate Development) sold 80,000 shares at $63.33 per share price.

Shares of DISH Network Corp (DISH) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -1.76 points or -3.35% at $50.81 with 20,12,858 shares getting traded. Post opening the session at $52.44, the shares hit an intraday low of $50.6 and an intraday high of $52.51 and the price vacillated in this range throughout the day. The company has a market cap of $23,612 M and the number of outstanding shares has been calculated to be 46,47,13,250 shares. The 52-week high of DISH Network Corp is $69.92 and the 52-week low is $38.8455.

DISH Network Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.DISH Network Corp is Downgraded by MoffettNathanson to Sell. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jun 28, 2016.DISH Network Corp is Reiterated by Telsey Advisory Group to Market Perform while Lowering the Price Target of the company shares to $ 69 from a previous price target of $74 . The Rating was issued on Apr 21, 2016.DISH Network Corp is Reiterated by FBR Capital to Underperform and the brokerage firm has raised the Price Target to $ 46 from a previous price target of $45 .The Rating was issued on Apr 21, 2016.DISH Network Corp is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 50 from a previous price target of $61 . The Rating was issued on Apr 21, 2016.DISH Network Corp is Reiterated by Pivotal Research Group to Buy and the brokerage firm has raised the Price Target to $ 82 from a previous price target of $81 .The Rating was issued on Apr 20, 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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