Two Seas Capital LP Buys 41,671 Shares of Echostar CORP $ECHO

Posted by Brian Himes on Oct 6th, 2026

Two Seas Capital LP raised its stake in shares of Echostar CORP (NASDAQ:ECHO – Free Report) by 8.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 544,646 shares of the company’s stock after buying an additional 41,671 shares during the period. Echostar comprises about 0.6% of Two Seas Capital LP’s investment portfolio, making the stock its 19th biggest holding. Two Seas Capital LP owned 0.19% of Echostar worth $48,697,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Strive Financial Group LLC purchased a new stake in shares of Echostar during the second quarter worth $28,000. SOA Wealth Advisors LLC. purchased a new position in Echostar in the first quarter valued at about $34,000. Pittenger & Anderson Inc. acquired a new position in Echostar in the 2nd quarter worth about $38,000. NewEdge Advisors LLC raised its stake in shares of Echostar by 134.8% during the 1st quarter. NewEdge Advisors LLC now owns 324 shares of the company’s stock worth $38,000 after purchasing an additional 186 shares in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Echostar during the 2nd quarter worth about $38,000. 33.62% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director William Wade sold 2,575 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $92.65, for a total value of $238,573.75. Following the sale, the director directly owned 2,749 shares of the company’s stock, valued at approximately $254,694.85. This trade represents a 48.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen 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 completion of the transaction, the director owned 653 shares in the company, valued at $58,658.99. The trade was a 92.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 13,508 shares of company stock valued at $1,224,686. Company insiders own 54.60% of the company’s stock.

Echostar Stock Up 1.8%

ECHO stock traded up $1.80 during midday trading on Tuesday, hitting $100.01. 4,553,904 shares of the company traded hands, compared to its average volume of 6,309,640. Echostar CORP has a twelve month low of $65.76 and a twelve month high of $147.25. The company has a market cap of $29.05 billion, a PE ratio of -4.01 and a beta of 0.99. The company has a quick ratio of 5.12, a current ratio of 5.20 and a debt-to-equity ratio of 1.13. The firm’s 50 day simple moving average is $90.07.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Citigroup cut their price objective on shares of Echostar from $126.00 to $117.00 and set a “buy” rating on the stock in a research report on Tuesday, August 4th. Raymond James Financial upgraded shares of Echostar from a “market perform” rating to a “strong-buy” rating and set a $115.00 price target on the stock in a research note on Friday, July 17th. UBS Group upgraded shares of Echostar from a “neutral” rating to a “buy” rating and raised their price target for the company from $127.00 to $150.00 in a report on Tuesday, September 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Echostar in a research note on Friday. Finally, New Street Research set a $165.00 target price on shares of Echostar in a research report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Echostar currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.88.

Check Out Our Latest Research Report on Echostar

About Echostar

(Free Report)

EchoStar Corporation is a communications and technology company that provides connectivity services through wireless, satellite, and broadband networks. Its businesses include Boost Mobile, a wireless service provider offering mobile voice, data, and broadband services, as well as satellite communications and related connectivity solutions for consumers, businesses, and government customers.

The company also operates through Hughes, which provides satellite internet, managed network services, and other broadband solutions, particularly for customers in areas with limited access to terrestrial communications infrastructure.