Intech Investment Management LLC reduced its position in shares of EchoStar Corporation (NASDAQ:SATS – Free Report) by 20.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,138 shares of the communications equipment provider’s stock after selling 10,748 shares during the period. Intech Investment Management LLC’s holdings in EchoStar were worth $3,218,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. SG Americas Securities LLC raised its holdings in shares of EchoStar by 575.2% during the 3rd quarter. SG Americas Securities LLC now owns 35,321 shares of the communications equipment provider’s stock worth $2,697,000 after buying an additional 30,090 shares in the last quarter. Phoenix Financial Ltd. bought a new position in EchoStar in the third quarter valued at about $780,000. State of Wyoming acquired a new position in EchoStar during the third quarter worth about $1,508,000. Hennessy Advisors Inc. bought a new position in shares of EchoStar in the third quarter worth about $42,464,000. Finally, Legal & General Group Plc boosted its stake in shares of EchoStar by 13.1% in the 2nd quarter. Legal & General Group Plc now owns 208,982 shares of the communications equipment provider’s stock valued at $5,789,000 after purchasing an additional 24,132 shares in the last quarter. Institutional investors and hedge funds own 33.62% of the company’s stock.
Key EchoStar News
Here are the key news stories impacting EchoStar this week:
- Positive Sentiment: Q4 revenue beat estimates ($3.8B) and management highlighted slowing losses at DISH and Sling TV, a concrete operational bright spot investors liked. EchoStar Defies Critics With Strong Quarter
- Positive Sentiment: Analysts and investors are increasingly valuing EchoStar as a holder of future SpaceX upside rather than for its legacy satellite/pay-TV business, supporting a higher stock multiple. EchoStar’s business deemed ‘irrelevant’ as investors focus on future SpaceX stake
- Positive Sentiment: Product/strategy update: EchoStar is testing a 5G phone lineup to bolster the Boost Mobile growth story — a tangible catalyst for wireless revenue if rolled out widely. EchoStar Tests 5G Phone Lineup
- Neutral Sentiment: Company press release details full-year 2025 results and provides the official outlook and slide deck for investors to review. EchoStar Announces Financial Results
- Neutral Sentiment: Earnings-call coverage and transcript summarize management’s rationale for restructuring, impairments and the “cleanup” actions that create short-term pain but (management says) clearer longer-term optionality. EchoStar Earnings Call Balances Cleanup With High Stakes Q4 2025 Earnings Call Transcript
- Negative Sentiment: GAAP results show a very large net loss (reported $14.5B loss for 2025 largely from impairments and restructuring), which is a significant fundamental headwind and explains weak EPS metrics. EchoStar Reports $14.5B Loss
- Negative Sentiment: Quarterly EPS missed consensus by a wide margin (large GAAP and adjusted losses), which keeps downside risk for sentiment if the market focuses on near-term profitability rather than asset-value optionality. EchoStar Q4 Earnings Details
Insider Buying and Selling
Analysts Set New Price Targets
A number of equities analysts recently issued reports on SATS shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of EchoStar in a research report on Wednesday, January 21st. Morgan Stanley raised shares of EchoStar from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $82.00 to $110.00 in a research note on Wednesday, December 10th. Zacks Research upgraded EchoStar from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 9th. TD Cowen reissued a “buy” rating on shares of EchoStar in a report on Wednesday, January 7th. Finally, Citigroup boosted their price objective on EchoStar from $111.00 to $121.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $133.83.
Check Out Our Latest Stock Analysis on SATS
EchoStar Price Performance
Shares of NASDAQ:SATS opened at $118.68 on Tuesday. The company has a debt-to-equity ratio of 3.11, a quick ratio of 0.56 and a current ratio of 0.61. EchoStar Corporation has a 52 week low of $14.90 and a 52 week high of $132.25. The firm has a market cap of $34.17 billion, a PE ratio of -2.64 and a beta of 1.01. The firm’s fifty day moving average is $115.11 and its 200-day moving average is $87.42.
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.
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