Rep. Lisa C. McClain Sells Off Shares of EchoStar Corporation (NASDAQ:SATS)

Representative Lisa C. McClain (R-Michigan) recently sold shares of EchoStar Corporation (NASDAQ:SATS). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in EchoStar stock on October 31st. 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 Trading Down 0.2%

Shares of NASDAQ:SATS traded down $0.12 during mid-day trading on Wednesday, hitting $70.88. The stock had a trading volume of 2,115,098 shares, compared to its average volume of 3,619,893. The company’s 50 day moving average is $73.10 and its 200-day moving average is $47.03. EchoStar Corporation has a 12-month low of $14.90 and a 12-month high of $85.37. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.15 and a current ratio of 1.22. The company has a market cap of $20.40 billion, a PE ratio of -67.50 and a beta of 0.94.

EchoStar (NASDAQ:SATS) last announced its earnings results on Thursday, November 6th. The communications equipment provider reported ($44.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.23) by ($43.14). EchoStar had a negative net margin of 2.04% and a negative return on equity of 1.58%. The firm had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same period last year, the firm earned ($0.52) earnings per share. EchoStar’s revenue for the quarter was down 7.1% compared to the same quarter last year. On average, sell-side analysts predict that EchoStar Corporation will post -1.99 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SATS. Zacks Research downgraded shares of EchoStar from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 11th. Morgan Stanley increased their price objective on EchoStar from $59.00 to $91.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft set a $105.00 price objective on EchoStar in a research report on Tuesday, September 9th. Cowen reaffirmed a “buy” rating on shares of EchoStar in a research report on Wednesday, August 27th. Finally, Citigroup raised their price target on EchoStar from $85.00 to $87.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 11th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $75.60.

Insiders Place Their Bets

In other EchoStar news, CEO Hamid Akhavan sold 233,918 shares of EchoStar stock in a transaction dated 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 completion of the sale, the chief executive officer owned 376,805 shares of the company’s stock, valued at $28,392,256.75. The trade was a 38.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO John Swieringa sold 22,000 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $67.34, for a total transaction of $1,481,480.00. Following the completion of the sale, the chief operating officer owned 283,509 shares of the company’s stock, valued at approximately $19,091,496.06. The trade was a 7.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 482,740 shares of company stock worth $37,448,960. 55.90% of the stock is currently owned by insiders.

Institutional Trading of EchoStar

Several hedge funds have recently added to or reduced their stakes in SATS. Deseret Mutual Benefit Administrators bought a new position in shares of EchoStar in the third quarter worth $28,000. Caitong International Asset Management Co. Ltd purchased a new position in EchoStar during the third quarter worth about $38,000. Bessemer Group Inc. grew its position in EchoStar by 79.1% during the third quarter. Bessemer Group Inc. now owns 838 shares of the communications equipment provider’s stock worth $64,000 after buying an additional 370 shares in the last quarter. Farther Finance Advisors LLC grew its position in EchoStar by 593.2% during the third quarter. Farther Finance Advisors LLC now owns 922 shares of the communications equipment provider’s stock worth $70,000 after buying an additional 789 shares in the last quarter. Finally, Danske Bank A S bought a new position in EchoStar in the 3rd quarter worth about $92,000. 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.

About EchoStar

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.