Today it was reported that the Chairman of Dish Network (DISH), Charles Ergen, exercised options to buy 50,660,000 DISH shares at $0.36 a share, for a total transaction value of $18.41M.
Following Charles Ergen’s last DISH Buy transaction on June 04, 2018, the stock climbed by 6.0%.
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DISH’s market cap is $16.38B and the company has a P/E ratio of 11.90. Currently, Dish Network has an average volume of 791.4K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $38.33, reflecting a 10.1% upside.
Charles Ergen’s trades have generated a 10.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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DISH Network Corp. is a holding company, which engages in the provision of pay-tv services. It operates through Pay-TV and Wireless segments. The Pay-TV segment is offered under the DISH brand and Sling brand. The Wireless segment refers to the wireless spectrum licenses and related assets.
