Intech Investment Management LLC Raises Stock Position in EchoStar Corporation $SATS

Posted by Brenda Bartman on May 31st, 2026

Intech Investment Management LLC grew its holdings in shares of EchoStar Corporation (NASDAQ:SATS – Free Report) by 29.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,389 shares of the communications equipment provider’s stock after purchasing an additional 12,251 shares during the period. Intech Investment Management LLC’s holdings in EchoStar were worth $5,912,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CoreCap Advisors LLC purchased a new stake in EchoStar during the fourth quarter worth about $28,000. Rosenberg Matthew Hamilton purchased a new stake in EchoStar during the fourth quarter worth about $29,000. Tucker Asset Management LLC purchased a new stake in EchoStar during the fourth quarter worth about $42,000. BOKF NA increased its stake in EchoStar by 300.0% during the fourth quarter. BOKF NA now owns 400 shares of the communications equipment provider’s stock worth $43,000 after purchasing an additional 300 shares during the period. Finally, Godfrey Financial Associates Inc. purchased a new stake in EchoStar during the fourth quarter worth about $51,000. 33.62% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on SATS shares. New Street Research started coverage on shares of EchoStar in a research note on Wednesday, May 13th. They set a “buy” rating and a $161.00 target price on the stock. Zacks Research lowered shares of EchoStar from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. TD Cowen upped their target price on shares of EchoStar from $129.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. UBS Group upped their target price on shares of EchoStar from $125.00 to $127.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 3rd. Finally, Williams Trading set a $155.00 target price on shares of EchoStar in a research note on Monday, May 18th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $137.14.

Check Out Our Latest Report on EchoStar

Insider Buying and Selling

In related news, COO John Swieringa sold 50,088 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $113.58, for a total value of $5,688,995.04. Following the completion of the transaction, the chief operating officer directly owned 253,535 shares of the company’s stock, valued at $28,796,505.30. This represents a 16.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Hamid Akhavan sold 71,005 shares of the company’s 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 transaction, the chief executive officer directly owned 823,293 shares of the company’s stock, valued at $88,520,463.36. This trade represents a 7.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 55.90% of the company’s stock.

EchoStar Stock Performance

Shares of SATS opened at $129.19 on Friday. The stock has a 50 day moving average price of $124.63 and a 200 day moving average price of $110.95. The company has a quick ratio of 0.27, a current ratio of 0.30 and a debt-to-equity ratio of 3.17. The company has a market capitalization of $37.44 billion, a price-to-earnings ratio of -2.58 and a beta of 0.95. EchoStar Corporation has a 52-week low of $14.90 and a 52-week high of $147.25.

EchoStar (NASDAQ:SATS – Get Free Report) last announced its quarterly earnings results on Saturday, May 9th. The communications equipment provider reported ($0.51) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.03). The business had revenue of $3.67 billion during the quarter, compared to analyst estimates of $3.65 billion. EchoStar had a negative net margin of 97.56% and a negative return on equity of 4.80%. During the same period last year, the company earned ($0.71) earnings per share. Research analysts predict that EchoStar Corporation will post -3.79 EPS for the current fiscal year.

About EchoStar

(Free Report)

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.