Leonteq Securities AG Takes $835,000 Position in Echostar CORP $ECHO

Posted by George Bondi on Aug 14th, 2026

Leonteq Securities AG purchased a new position in shares of Echostar CORP (NASDAQ:ECHO – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,222 shares of the company’s stock, valued at approximately $835,000.

Other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in Echostar by 6.0% in the 1st quarter. AQR Capital Management LLC now owns 26,805 shares of the company’s stock valued at $672,000 after buying an additional 1,511 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Echostar by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 72,482 shares of the company’s stock worth $1,854,000 after acquiring an additional 3,199 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Echostar by 8.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 331,476 shares of the company’s stock valued at $8,479,000 after purchasing an additional 24,749 shares during the last quarter. Strs Ohio purchased a new position in Echostar in the first quarter valued at about $128,000. Finally, Hsbc Holdings PLC grew its stake in Echostar by 18.6% during the 2nd quarter. Hsbc Holdings PLC now owns 13,528 shares of the company’s stock valued at $377,000 after purchasing an additional 2,119 shares in the last quarter. 33.62% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Hamid Akhavan sold 52,586 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $121.00, for a total transaction of $6,362,906.00. Following the completion of the transaction, the chief executive officer owned 865,633 shares of the company’s stock, valued at $104,741,593. This trade represents a 5.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen J. Bye sold 8,508 shares of Echostar stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $89.83, for a total value of $764,273.64. Following the transaction, the director directly owned 653 shares in the company, valued at approximately $58,658.99. The trade was a 92.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on ECHO. Wall Street Zen raised Echostar from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings began coverage on Echostar in a report on Monday, July 6th. They issued a “sell (d-)” rating for the company. Williams Trading set a $155.00 price target on Echostar in a research report on Monday, May 18th. New Street Research set a $165.00 price objective on Echostar in a research note on Monday, June 15th. Finally, Citigroup decreased their price objective on shares of Echostar from $126.00 to $117.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $132.00.

View Our Latest Research Report on Echostar

Echostar Price Performance

Shares of NASDAQ:ECHO opened at $91.68 on Friday. The company has a market cap of $26.63 billion, a P/E ratio of -3.68 and a beta of 1.03. The company has a current ratio of 5.20, a quick ratio of 5.12 and a debt-to-equity ratio of 1.13. Echostar CORP has a 12 month low of $26.52 and a 12 month high of $147.25.

Echostar (NASDAQ:ECHO – Get Free Report) last issued its quarterly earnings results on Saturday, May 9th. The company reported ($0.51) earnings per share (EPS) for the quarter. Echostar had a negative net margin of 38.71% and a negative return on equity of 1.28%. The firm had revenue of $3.67 billion for the quarter. Research analysts forecast that Echostar CORP will post -1.35 EPS for the current fiscal year.

Echostar Profile

(Free Report)

EchoStar Corporation is a communications company that provides satellite and wireless services, video distribution, and broadband connectivity solutions. Its business has historically been centered on satellite technology and related services, serving customers through a range of connectivity and network offerings.

The company operates through several segments that support pay-TV, enterprise, government, and consumer communications needs. Its services and technologies have included satellite television distribution, broadband satellite access, network infrastructure, and wireless communications capabilities.

EchoStar was founded in 1980 and has long been associated with satellite communications in the United States.