Swiss Life Asset Management Ltd Takes $1.60 Million Position in Echostar CORP $ECHO

Posted by Brian Himes on Aug 14th, 2026

Swiss Life Asset Management Ltd bought a new stake in shares of Echostar CORP (NASDAQ:ECHO – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 15,720 shares of the company’s stock, valued at approximately $1,596,000.

Several other hedge funds also recently bought and sold shares of ECHO. Hollencrest Capital Management bought a new stake in Echostar during the fourth quarter valued at about $26,000. SOA Wealth Advisors LLC. bought a new position in shares of Echostar in the first quarter worth about $34,000. NewEdge Advisors LLC boosted its stake in shares of Echostar by 134.8% in the first quarter. NewEdge Advisors LLC now owns 324 shares of the company’s stock worth $38,000 after acquiring an additional 186 shares during the period. JTC Employer Solutions Trustee Ltd purchased a new stake in shares of Echostar during the first quarter worth about $39,000. Finally, Pittenger & Anderson Inc. purchased a new stake in shares of Echostar during the second quarter worth about $38,000. Institutional investors own 33.62% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Raymond James Financial raised Echostar from a “market perform” rating to a “strong-buy” rating and set a $115.00 price target on the stock in a report on Friday, July 17th. Williams Trading set a $155.00 price objective on shares of Echostar in a report on Monday, May 18th. New Street Research set a $165.00 price objective on shares of Echostar in a research report on Monday, June 15th. TD Cowen lowered their target price on shares of Echostar from $155.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, August 4th. Finally, Wall Street Zen raised shares of Echostar from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $132.00.

Get Our Latest Stock Report on ECHO

Echostar Stock Performance

Shares of Echostar stock opened at $91.68 on Friday. Echostar CORP has a twelve month low of $26.52 and a twelve month high of $147.25. 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 stock has a market cap of $26.63 billion, a PE ratio of -3.68 and a beta of 1.03.

Echostar (NASDAQ:ECHO – Get Free Report) last posted its earnings results on Saturday, May 9th. The company reported ($0.51) 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 during the quarter. Sell-side analysts expect that Echostar CORP will post -1.35 EPS for the current year.

Insider Activity at Echostar

In other news, CEO Hamid Akhavan sold 52,586 shares of the stock in a transaction that occurred on 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 directly owned 865,633 shares in the company, valued at approximately $104,741,593. This represents a 5.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $89.83, for a total value of $764,273.64. Following the transaction, the director owned 653 shares of the company’s stock, valued at $58,658.99. This represents a 92.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 2.00% of the company’s stock.

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.