Eurizon Capital SGR S.p.A. Makes New Investment in EchoStar Corporation $SATS

Posted by Brenda Bartman on Jun 4th, 2026

Eurizon Capital SGR S.p.A. acquired a new position in shares of EchoStar Corporation (NASDAQ:SATS – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 9,398 shares of the communications equipment provider’s stock, valued at approximately $1,022,000.

A number of other hedge funds have also recently added to or reduced their stakes in SATS. CoreCap Advisors LLC bought a new position in shares of EchoStar in the 4th quarter valued at $28,000. Rosenberg Matthew Hamilton bought a new position in shares of EchoStar in the 4th quarter valued at $29,000. Caitong International Asset Management Co. Ltd bought a new position in shares of EchoStar in the 3rd quarter valued at $38,000. Tucker Asset Management LLC bought a new position in shares of EchoStar in the 4th quarter valued at $42,000. Finally, BOKF NA increased its stake in shares of EchoStar by 300.0% in the 4th quarter. BOKF NA now owns 400 shares of the communications equipment provider’s stock valued at $43,000 after purchasing an additional 300 shares during the last quarter. Institutional investors own 33.62% of the company’s stock.

Analyst Upgrades and Downgrades

SATS has been the topic of several recent analyst reports. Williams Trading set a $155.00 price target on EchoStar in a research note on Monday, May 18th. Wall Street Zen upgraded EchoStar from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. New Street Research initiated coverage on EchoStar in a research note on Wednesday, May 13th. They issued a “buy” rating and a $161.00 price target on the stock. UBS Group lifted their price target on EchoStar from $125.00 to $127.00 and gave the company a “neutral” rating in a research note on Tuesday, March 3rd. Finally, Zacks Research lowered EchoStar from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 10th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $137.14.

Get Our Latest Research Report on EchoStar

Insider Buying and Selling

In other EchoStar news, CEO Hamid Akhavan sold 71,005 shares of EchoStar stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $107.52, for a total transaction of $7,634,457.60. Following the transaction, the chief executive officer directly owned 823,293 shares of the company’s stock, valued at approximately $88,520,463.36. The trade was a 7.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 55.90% of the company’s stock.

EchoStar Stock Down 2.1%

Shares of SATS opened at $120.92 on Thursday. The company has a market capitalization of $35.04 billion, a PE ratio of -2.41 and a beta of 0.94. EchoStar Corporation has a 12 month low of $14.90 and a 12 month high of $147.25. The stock’s 50-day moving average price is $125.50 and its two-hundred day moving average price is $112.34. The company has a current ratio of 0.30, a quick ratio of 0.27 and a debt-to-equity ratio of 3.17.

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