EchoStar Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BMV:SATS * Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Nov 25	SellMex$27,392,269	John Swieringa	Individual	22,000	Mex$1,245.10
18 Nov 25	BuyMex$1,250,848	George Brokaw	Individual	1,000	Mex$1,250.85
12 Sep 25	SellMex$2,019,692	Paul Gaske	Individual	1,444	Mex$1,398.68
12 Sep 25	SellMex$1,086,320	Paul Gaske	Individual	750	Mex$1,448.43
09 Sep 25	SellMex$1,141,897	Paul Orban	Individual	744	Mex$1,534.81
09 Sep 25	SellMex$41,289,128	John Swieringa	Individual	27,276	Mex$1,513.75

Insider Trading Volume

Insider Buying: SATS * insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of SATS *?
Owner Type	Number of Shares	Ownership Percentage
State or Government	54,000	0.0143%
Public Companies	1,551,355	0.411%
Individual Insiders	79,173,130	21%
Private Companies	143,348,734	38%
Institutions	152,956,532	40.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 114.85% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
49.8%	Ergen Family Trust	143,337,454	Mex$280.4b	58%	no data
25.7%	Charles Ergen	73,961,713	Mex$144.7b	49%	no data
6.42%	BlackRock, Inc.	18,486,412	Mex$36.2b	8.14%	0.03%
4.66%	The Vanguard Group, Inc.	13,425,400	Mex$26.3b	-2.02%	0.02%
4.1%	Dodge & Cox	11,791,127	Mex$23.1b	-12%	0.35%
2.61%	Darsana Capital Partners LP	7,500,000	Mex$14.7b	-16.3%	17.73%
2.07%	Diameter Capital Partners LP	5,963,259	Mex$11.7b	81.9%	55.44%
1.95%	Redwood Capital Management, LLC	5,599,799	Mex$11.0b	-29.5%	53.48%
1.8%	FMR LLC	5,185,297	Mex$10.1b	-33.6%	0.03%
1.75%	State Street Global Advisors, Inc.	5,027,072	Mex$9.8b	0.85%	0.02%
1.69%	Loomis Sayles & Company, L.P.	4,860,213	Mex$9.5b	0%	0.61%
1.65%	James DeFranco	4,754,197	Mex$9.3b	0%	no data
1.51%	Icahn Capital LP	4,354,542	Mex$8.5b	0%	5.63%
1.37%	Apollo Global Management, Inc.	3,954,746	Mex$7.7b	221,000%	5.9%
1.21%	Geode Capital Management, LLC	3,475,905	Mex$6.8b	0.77%	0.02%
0.9%	Monarch Alternative Capital LP	2,598,216	Mex$5.1b	0%	52.25%
0.85%	UBS Asset Management AG	2,459,816	Mex$4.8b	19.9%	0.02%
0.72%	Walleye Capital LLC	2,072,349	Mex$4.1b	634%	1.29%
0.71%	The Goldman Sachs Group, Inc.	2,038,156	Mex$4.0b	663%	0.08%
0.61%	Northern Trust Global Investments	1,744,438	Mex$3.4b	2.85%	0.02%
0.6%	Charles Schwab Investment Management, Inc.	1,734,287	Mex$3.4b	0.13%	0.03%
0.57%	American Century Investment Management Inc	1,628,093	Mex$3.2b	-39%	0.07%
0.56%	Susquehanna International Group, LLP	1,598,189	Mex$3.1b	729%	0.23%
0.54%	CONX Corp.	1,551,355	Mex$3.0b	0%	no data
0.53%	LMR Partners LLP	1,536,707	Mex$3.0b	153,000%	3.46%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/01 21:22
End of Day Share Price	2025/12/23 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

EchoStar Corporation is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Rollins	Citigroup Inc
Michael Rollins	Citigroup Inc
Bryan Kraft	Deutsche Bank