EchoStar Ownership

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

Recent Insider Transactions

NasdaqGS:SATS Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
12 Nov 24	BuyUS$43,499,994	CONX Corp.	Company	1,551,355	US$28.04
08 Mar 24	BuyUS$1,482,800	James DeFranco	Individual	110,000	US$13.48
07 Mar 24	BuyUS$1,188,600	James DeFranco	Individual	90,000	US$13.44

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SATS?
Owner Type	Number of Shares	Ownership Percentage
State or Government	56,699	0.0198%
Public Companies	1,551,355	0.542%
General Public	20,427,412	7.14%
Individual Insiders	69,761,901	24.4%
Private Companies	81,145,572	28.4%
Institutions	113,163,247	39.6%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.

Top Shareholders

Top 25 shareholders own 84.27% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
28.4%	Ergen Family Trust	81,134,292	US$1.9b	-15.6%	no data
22.6%	Charles Ergen	64,627,653	US$1.5b	29.9%	no data
6.83%	BlackRock, Inc.	19,544,158	US$447.6m	1.87%	0.01%
4.77%	The Vanguard Group, Inc.	13,649,245	US$312.6m	0.58%	no data
4.71%	Dodge & Cox	13,467,353	US$308.4m	-0.71%	0.11%
2.07%	Redwood Capital Management, LLC	5,915,934	US$135.5m	0%	24.68%
1.67%	State Street Global Advisors, Inc.	4,776,238	US$109.4m	1.33%	no data
1.66%	James DeFranco	4,754,197	US$108.9m	0%	no data
1.06%	Charles Schwab Investment Management, Inc.	3,041,535	US$69.7m	-15.7%	0.01%
1.05%	Darsana Capital Partners LP	3,000,000	US$68.7m	44.8%	1.81%
1.04%	American Century Investment Management Inc	2,963,281	US$67.9m	32.1%	0.03%
1.02%	Geode Capital Management, LLC	2,914,676	US$66.7m	-3.16%	no data
0.81%	Pennant Investors LP	2,320,837	US$53.1m	7.79%	15.33%
0.77%	Soros Fund Management LLC	2,190,726	US$50.2m	-10%	1.36%
0.65%	FMR LLC	1,872,912	US$42.9m	-1.71%	no data
0.65%	Quaker Capital Investments, LLC	1,862,810	US$42.7m	-22.7%	14.59%
0.65%	Monarch Alternative Capital LP	1,854,000	US$42.5m	0%	8.4%
0.62%	Invesco Capital Management LLC	1,760,428	US$40.3m	-3.57%	0.02%
0.61%	Silver Point Capital, L.P.	1,744,000	US$39.9m	-45.9%	3.03%
0.57%	Pennant Select, Llc	1,624,771	US$37.2m	-27%	26.28%
0.54%	CONX Corp.	1,551,355	US$35.5m	0%	no data
0.45%	Northern Trust Global Investments	1,277,975	US$29.3m	5.98%	no data
0.4%	Cyrus Capital Partners, L.P.	1,152,802	US$26.4m	0%	9.17%
0.37%	Dimensional Fund Advisors LP	1,058,699	US$24.2m	-59.5%	no data
0.37%	First Pacific Advisors, LP	1,051,512	US$24.1m	0%	0.26%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 03:33
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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 here.

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 .

Analyst Sources

EchoStar Corporation is covered by 14 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
Giles Thorne	Jefferies LLC