Australian Billionaire Kerr Neilson is Selling These 5 Stocks

4. DISH Network Corporation (NASDAQ:DISH)

Number of Hedge Fund Holders: 41

DISH Network Corporation (NASDAQ:DISH) is an Englewood, Colorado-based provider of wireless mobile service and TV provider through various mediums.

In a research note issued on August 4, Philip Cusick at JPMorgan slashed the price target on DISH Network Corporation (NASDAQ:DISH) by 20% from $30 to $24 and maintained a Neutral rating. The analyst anticipates the wireless mobile network segment to face big hurdles. According to Goldman Sachs, among the 11 major sectors, the tech, media, and telecom (TMT) sector, also known as the Communication Services (CS) sector, faced the biggest cut in EPS during the Q2 2022 earnings season. DISH Network Corporation (NASDAQ:DISH) does not pay a dividend, unlike the other major players in the same sector.

Eagle Capital Management held over 16.9 million shares in DISH Network Corporation (NASDAQ:DISH) as of Q2 2022.