Gordian Capital Singapore Pte Ltd Invests $764,000 in EchoStar Corporation $SATS

Gordian Capital Singapore Pte Ltd bought a new stake in shares of EchoStar Corporation (NASDAQ:SATS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,000 shares of the communications equipment provider’s stock, valued at approximately $764,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of SATS. SG Americas Securities LLC grew its stake in shares of EchoStar by 575.2% in the 3rd quarter. SG Americas Securities LLC now owns 35,321 shares of the communications equipment provider’s stock worth $2,697,000 after purchasing an additional 30,090 shares during the last quarter. Phoenix Financial Ltd. bought a new stake in shares of EchoStar in the 3rd quarter worth approximately $780,000. State of Wyoming acquired a new stake in EchoStar during the third quarter valued at approximately $1,508,000. Hennessy Advisors Inc. bought a new stake in EchoStar during the third quarter worth approximately $42,464,000. Finally, Legal & General Group Plc boosted its holdings in EchoStar by 13.1% during the second quarter. Legal & General Group Plc now owns 208,982 shares of the communications equipment provider’s stock worth $5,789,000 after buying an additional 24,132 shares in the last quarter. 33.62% of the stock is owned by institutional investors and hedge funds.

EchoStar Trading Down 1.3%

Shares of NASDAQ SATS opened at $108.50 on Wednesday. EchoStar Corporation has a one year low of $14.90 and a one year high of $132.25. The firm has a market capitalization of $31.23 billion, a PE ratio of -2.16 and a beta of 1.01. The company has a current ratio of 0.42, a quick ratio of 0.38 and a debt-to-equity ratio of 3.21. The business has a 50-day moving average price of $115.55 and a two-hundred day moving average price of $90.93.

Analysts Set New Price Targets

Several research firms have issued reports on SATS. Citigroup upped their price target on EchoStar from $111.00 to $121.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of EchoStar in a research report on Wednesday, January 21st. TD Cowen reaffirmed a “buy” rating on shares of EchoStar in a report on Wednesday, January 7th. Zacks Research raised EchoStar from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of EchoStar from $97.00 to $131.00 and gave the company a “buy” rating in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, EchoStar presently has an average rating of “Moderate Buy” and an average target price of $134.17.

Insider Buying and Selling

In other EchoStar news, CEO Hamid Akhavan sold 71,005 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $107.52, for a total value of $7,634,457.60. Following the completion of the sale, the chief executive officer owned 823,293 shares in the company, valued at $88,520,463.36. This represents a 7.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO John Swieringa sold 50,088 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $113.58, for a total transaction of $5,688,995.04. Following the transaction, the chief operating officer owned 253,535 shares in the company, valued at approximately $28,796,505.30. This represents a 16.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 406,925 shares of company stock valued at $43,430,137 over the last three months. 55.70% of the stock is owned by insiders.

Key Headlines Impacting EchoStar

Here are the key news stories impacting EchoStar this week:

• Positive Sentiment: S&P 500 inclusion should support demand from index funds and boost liquidity as SATS joins the benchmark. Inclusion often creates one-time buying pressure and higher institutional interest. S&P Rebalance Article
• Positive Sentiment: Operational catalysts remain: coverage highlights the upcoming Falcon 9 launch (EchoStar XXV) and recent spectrum sale that could materially reshape revenue/timing of cash flows — potential upside if launches and spectrum monetization proceed as planned. Falcon 9 / Valuation Article
• Neutral Sentiment: Valuation and timing debate: commentary asks whether SATS is too late to buy after a multi-year rally, signaling mixed analyst views that could keep volatility elevated. Is It Too Late Article
• Neutral Sentiment: Reported short-interest figures in recent filings show zero shares/NaN changes — likely a reporting/data anomaly; this makes short-interest signals unreliable for now. Short Interest Note
• Negative Sentiment: CEO Hamid Akhavan sold 71,005 shares (~$7.63M) on March 6, reducing his stake by about 7.94%; insider selling of this size can weigh on sentiment even if the insider retains a large holding. See the SEC filing. SEC Form 4
• Negative Sentiment: EchoStar COO also executed a multi-million dollar sale ($5.69M), adding to the insider selling narrative that may pressure the stock in the near term. COO Sale Article
• Negative Sentiment: Gray Media’s blackout of 226 local channels is disrupting DISH TV customers nationwide; while this directly impacts DISH, the outage can create negative sentiment across the satellite/pay-TV ecosystem and could be a short-term headwind for companies tied to pay-TV distribution. Gray Media Blackout

EchoStar Company Profile

EchoStar Corporation (NASDAQ: SATS) is a global provider of satellite communication solutions, offering a suite of broadband and video delivery services to consumer, enterprise and government customers. The company operates two principal business segments: Broadband and Video. Through its Broadband segment, EchoStar delivers high-speed satellite internet access, managed network services and ground infrastructure for residential, commercial and rural markets. Its Video segment provides satellite fleet operations, teleport facilities and capacity-leasing services to video distributors and content providers.

In the Broadband segment, EchoStar’s Hughes Network Systems division designs and manufactures satellite broadband equipment, including user terminals and gateways, and develops advanced network management technologies.