Oppenheimer & Co. Inc. Sells 23,715 Shares of Echostar CORP $ECHO

Posted by Geri Gentry on Nov 8th, 2026

Oppenheimer & Co. Inc. trimmed its position in shares of Echostar CORP (NASDAQ:ECHO – Free Report) by 90.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,622 shares of the company’s stock after selling 23,715 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Echostar were worth $234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of ECHO. Parallel Advisors LLC grew its holdings in shares of Echostar by 4.1% in the first quarter. Parallel Advisors LLC now owns 2,089 shares of the company’s stock worth $245,000 after acquiring an additional 83 shares during the period. Venture Visionary Partners LLC lifted its holdings in Echostar by 1.1% in the third quarter. Venture Visionary Partners LLC now owns 11,836 shares of the company’s stock valued at $1,058,000 after acquiring an additional 123 shares during the period. NewEdge Advisors LLC lifted its holdings in Echostar by 134.8% in the first quarter. NewEdge Advisors LLC now owns 324 shares of the company’s stock valued at $38,000 after acquiring an additional 186 shares during the period. Janus Henderson Group PLC lifted its holdings in Echostar by 1.5% in the first quarter. Janus Henderson Group PLC now owns 12,487 shares of the company’s stock valued at $1,462,000 after acquiring an additional 187 shares during the period. Finally, CoreCap Advisors LLC boosted its position in Echostar by 103.5% in the second quarter. CoreCap Advisors LLC now owns 529 shares of the company’s stock worth $54,000 after purchasing an additional 269 shares during the last quarter. 33.62% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Echostar

In other Echostar news, Director William Wade sold 2,425 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $91.48, for a total transaction of $221,839.00. Following the completion of the sale, the director owned 324 shares of the company’s stock, valued at approximately $29,639.52. The trade was a 88.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 54.60% of the company’s stock.

Echostar Price Performance

Shares of ECHO stock opened at $94.62 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 5.12 and a current ratio of 10.16. The company has a market cap of $27.49 billion, a P/E ratio of 3.45 and a beta of 1.06. Echostar CORP has a 1 year low of $65.76 and a 1 year high of $147.25. The company’s fifty day simple moving average is $92.00.

Echostar (NASDAQ:ECHO – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The company reported $7.97 EPS for the quarter, topping analysts’ consensus estimates of $3.07 by $4.90. Echostar had a return on equity of 22.85% and a net margin of 81.29%. The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $3.00 million. Equities research analysts expect that Echostar CORP will post -0.13 EPS for the current year.

Analyst Upgrades and Downgrades

ECHO has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $137.00 price target on shares of Echostar in a research note on Wednesday, July 15th. Zacks Research raised shares of Echostar from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Echostar in a research note on Friday, October 2nd. TD Cowen dropped their price objective 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, UBS Group raised their price objective on shares of Echostar from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $139.44.

View Our Latest Stock Analysis on ECHO

Echostar Profile

(Free Report)

EchoStar Corporation is a communications and connectivity company whose businesses span satellite broadband, enterprise and government communications, pay-TV and wireless services. Its offerings include satellite-based internet and network solutions through Hughes Network Systems, along with consumer and business connectivity services.

The company also provides video entertainment through DISH TV and Sling TV, and wireless services under the Boost Mobile brand. EchoStar serves customers in the United States and, through its satellite and communications operations, in international markets.

Founded by Charlie Ergen in 1980, EchoStar initially focused on satellite technology and services.