ECHONasdaqCommunications Services, NECFiscal year ends December 31
EchoStar CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$86.20+0.83 (+0.97%)
Close on Oct 19, 2026
- Market cap
- $30.31B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
59.3%
172M of 290M shares
Institutional holders
702
156 new, 110 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
1 buys · 40 sales
Net sold $57.29M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Capital Management | 9,852,274 | 6.25% | 13G (passive) | Mar 31, 2026 |
| Wellington Investment Advisors Holdings LLP | 8,440,336 | 5.30% | 13G (passive) | Jun 30, 2026 |
| Darsana Capital Partners Gp LLC | 8,350,000 | 5.30% | 13G (passive) | Nov 14, 2025 |
| Redwood Capital Management LLC | 7,944,841 | 5.10% | 13G (passive) | Jun 9, 2025 |
| FMR LLC | 16,336,547 | 10.00% | 13G (passive) amendment | Dec 31, 2025 |
| Charles W. Ergen | 148,681,347 | 50.90% | 13D (active) amendment | Jul 29, 2026 |
| State Street Corporation | 10,669,170 | 6.70% | 13G (passive) | Jun 30, 2026 |
| BlackRock, Inc. | 10,564,121 | 6.70% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of ECHO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 12,689,769 | 4.37% | $1.29B | −6,118,009 | 0.02% |
| State Street Corp | 10,661,913 | 3.67% | $1.08B | −3,884,913 | 0.03% |
| Vanguard Capital Management LLC | 8,841,556 | 3.04% | $897.42M | +147,938 | 0.02% |
| Wellington Management Group Llp | 8,407,289 | 2.89% | $853.34M | +973,336 | 0.15% |
| Vanguard Portfolio Management LLC | 5,900,756 | 2.03% | $598.93M | −505,781 | 0.03% |
| Darsana Capital Partners LP | 5,000,000 | 1.72% | $507.50M | −2,000,000 | 2.28% |
| UBS Group AG | 4,887,768 | 1.68% | $496.11M | +1,459,465 | 0.06% |
| Arini Captial Management Ltd | 4,839,158 | 1.67% | $491.17M | +1,387,813 | 33.68% |
| Geode Capital Management, LLC | 3,962,510 | 1.36% | $401.17M | −706,998 | 0.02% |
| Pentwater Capital Management LP | 3,860,000 | 1.33% | $391.79M | +1,500,000 | 2.40% |
| Apollo Management Holdings, L.P. | 3,698,611 | 1.27% | $375.41M | +1,814,146 | 4.20% |
| Goldman Sachs Group Inc | 3,677,365 | 1.27% | $373.25M | +1,649,011 | 0.03% |
| Citadel Advisors LLC | 3,403,098 | 1.17% | $345.41M | +2,899,367 | 0.04% |
| Invesco Ltd. | 2,789,206 | 0.96% | $283.10M | +278,973 | 0.02% |
| Contrarius Group Holdings Ltd | 2,557,855 | 0.88% | $259.62M | +675,631 | 11.96% |
| FMR LLC | 2,546,875 | 0.88% | $258.51M | −8,659,764 | 0.01% |
| Millennium Management LLC | 2,520,287 | 0.87% | $255.81M | +1,359,835 | 0.09% |
| Neuberger Berman Group LLC | 2,499,457 | 0.86% | $253.69M | +1,753,947 | 0.17% |
| Sona Asset Management (US) LLC | 2,287,240 | 0.79% | $232.15M | +420,870 | 4.87% |
| Morgan Stanley | 2,209,487 | 0.76% | $224.26M | +242,413 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 702 | 172M | 59.3% | 156 / 266 | 218 / 110 | 47M | 47M |
| Q1 2026 | 663 | 172M | 59.3% | 188 / 257 | 157 / 70 | 66M | 35M |
| Q4 2025 | 552 | 154M | 53.1% | 202 / 172 | 132 / 48 | 42M | 36M |
| Q3 2025 | 403 | 149M | 51.1% | 151 / 114 | 98 / 39 | 43M | 27M |
| Q2 2025 | 292 | 133M | 45.6% | 41 / 109 | 88 / 54 | 20M | 21M |
| Q1 2025 | 307 | 134M | 46.1% | 60 / 98 | 86 / 33 | 16M | 15M |
| Q4 2024 | 284 | 134M | 46.1% | 44 / 90 | 88 / 34 | 29M | 7M |
| Q3 2024 | 276 | 113M | 38.9% | 49 / 70 | 91 / 29 | 28M | 12M |
| Q2 2024 | 258 | 116M | 40.0% | 34 / 62 | 92 / 41 | 12M | 14M |
| Q1 2024 | 267 | 118M | 40.5% | 135 / 95 | 27 / 42 | 81M | 8M |
| Q4 2023 | 174 | 45M | 15.4% | 51 / 122 | 1 / 41 | 45M | 0M |
| Q3 2023 | 165 | 0M | 0.0% | 31 / 39 | 52 / 26 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of ECHO | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 4,276,942 | 1.47% | $434.11M | 0.02% | Jun 30, 2026 |
| State Street(R) Communication Services Select Sector SPDR(R) ETF | 3,659,236 | 1.26% | $371.41M | 1.67% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 3,533,329 | 1.22% | $358.63M | 0.02% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 3,088,341 | 1.06% | $313.47M | 0.17% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 1,874,288 | 0.65% | $190.24M | 0.02% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 1,722,661 | 0.59% | $222.55M | 0.03% | May 31, 2026 |
| Invesco S&P 500 Equal Weight ETF | 1,617,159 | 0.56% | $135.99M | 0.14% | Jul 31, 2026 |
| Vanguard Windsor Fund | 1,338,829 | 0.46% | $112.58M | 0.45% | Jul 31, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 1,287,991 | 0.44% | $166.40M | 0.07% | May 31, 2026 |
| The Hartford Growth Opportunities Fund | 1,143,598 | 0.39% | $96.17M | 1.47% | Jul 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 978,410 | 0.34% | $99.31M | 0.15% | Jun 30, 2026 |
| Vanguard Small-Cap Growth Index Fund | 890,180 | 0.31% | $90.35M | 0.19% | Jun 30, 2026 |
| Vanguard Institutional Index Fund | 740,686 | 0.25% | $75.18M | 0.02% | Jun 30, 2026 |
| iShares Russell Mid-Cap Growth ETF | 698,572 | 0.24% | $70.91M | 0.33% | Jun 30, 2026 |
| Vanguard Russell 2000 Index Fund | 696,919 | 0.24% | $90.03M | 0.51% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Charles W. Ergen | CHAIRMAN, PRES and CEO, Director, 10% owner | 19,917,220 | 6.86% | Jul 31, 2026 |
| Hamid Akhavan | CEO, EchoStar Capital, Director | 911,070 | 0.31% | Jun 9, 2026 |
| Paul W. Orban | EVP, Chief Financial Officer | 50,971 | 0.02% | Jul 7, 2026 |
| Dean Manson | CHIEF LEGAL OFFICER | 6,201 | 0.00% | Jun 16, 2026 |
| Robert Joseph Rupczynski | President, Retail Wireless | – | – | May 11, 2026 |
| John Swieringa | PRES, TECH & COO | 254,344 | 0.09% | Mar 6, 2026 |
| Paul Gaske | COO, HUGHES | 3,113 | 0.00% | Oct 3, 2025 |
| William David Wade | Director | 767 | 0.00% | Aug 14, 2026 |
| Stephen J. Bye | Director | 5,820 | 0.00% | Aug 11, 2026 |
| Cantey Ergen | Director, 10% owner | 16,886,000 | 5.81% | Jul 31, 2026 |
| R. Stanton Dodge | Director | 28,197 | 0.01% | Jul 7, 2026 |
| James Defranco | Director | 1,885,257 | 0.65% | Jul 7, 2026 |
| Lisa W. Hershman | Director | 7,572 | 0.00% | Jul 7, 2026 |
| George R. Brokaw | Director | 4,508 | 0.00% | Apr 3, 2026 |
| Kathleen Q. Abernathy | Director | 266 | 0.00% | Apr 3, 2026 |
| Tom A. Ortolf | Director | 5,522 | 0.00% | Apr 3, 2026 |
| Two-Year July 2024 SATS GRAT Ergen | 10% owner | 0 | – | Jul 14, 2026 |
| Telluray Holdings, LLC | 10% owner | 78,807,979 | 27.13% | Jul 14, 2026 |
| Two-Year June 2025 SATS GRAT Ergen | 10% owner | 14,483,467 | 4.99% | Jun 30, 2026 |
| Two-Year May 2025 SATS GRAT Ergen | 10% owner | 23,097,210 | 7.95% | May 15, 2026 |
| Two-Year December 2023 SATS GRAT Ergen | 10% owner | 0 | – | Dec 29, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| William David Wade Director | Aug 13, 2026 | Sale | −2,425 | $91.48 | $221.84K | 324 |
| William David Wade Director | Aug 12, 2026 | Sale | −2,575 | $92.65 | $238.57K | 2,749 |
| Stephen J. Bye Director | Aug 7, 2026 | Option exercise | +5,000 | $25.19 | $125.95K | 5,653 |
| Stephen J. Bye Director | Aug 7, 2026 | Sale | −3,508 | $89.73 | $314.77K | 653 |
| Stephen J. Bye Director | Aug 7, 2026 | Option exercise | +3,508 | $26.60 | $93.31K | 4,161 |
| Stephen J. Bye Director | Aug 7, 2026 | Sale | −5,000 | $89.90 | $449.50K | 653 |
| R. Stanton Dodge Director | Jul 1, 2026 | Option exercise | +5,000 | $24.49 | $122.45K | 26,555 |
| R. Stanton Dodge Director | Jul 1, 2026 | Tax withholding | −1,214 | $100.88 | $122.47K | 25,341 |
| Paul W. Orban EVP, Chief Financial Officer | Jul 1, 2026 | Tax withholding | −9 | $100.88 | $908 | 50,934 |
| Paul W. Orban EVP, Chief Financial Officer | Jul 1, 2026 | Award | +297 | – | – | 50,943 |
| James Defranco Director | Jul 1, 2026 | Tax withholding | −16 | $100.88 | $1.61K | 1,870 |
| James Defranco Director | Jul 1, 2026 | Award | +198 | – | – | 1,886 |
| Cantey Ergen Director, 10% owner | Jul 1, 2026 | Award | +198 | – | – | 2,165 |
| Cantey Ergen Director, 10% owner | Jul 1, 2026 | Tax withholding | −17 | $100.88 | $1.71K | 2,148 |
| Lisa W. Hershman Director | Jul 1, 2026 | Tax withholding | −2,428 | $100.88 | $244.94K | 7,572 |
| Lisa W. Hershman Director | Jul 1, 2026 | Option exercise | +10,000 | $24.49 | $244.90K | 10,000 |
| Dean Manson CHIEF LEGAL OFFICER | Jun 12, 2026 | Sale(10b5-1 plan) | −4,000 | $130.39 | $521.56K | 5,058 |
| Dean Manson CHIEF LEGAL OFFICER | Jun 12, 2026 | Option exercise | +6,000 | $14.04 | $84.24K | 11,058 |
| Dean Manson CHIEF LEGAL OFFICER | Jun 12, 2026 | Sale(10b5-1 plan) | −6,000 | $130.39 | $782.34K | 5,058 |
| Dean Manson CHIEF LEGAL OFFICER | Jun 12, 2026 | Option exercise | +4,000 | $14.04 | $56.16K | 9,058 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Jun 5, 2026 | Option exercise | +122,500 | $14.04 | $1.72M | 910,706 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −45,073 | $121.00 | $5.45M | 865,633 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Jun 5, 2026 | Option exercise | +20,417 | $14.04 | $286.65K | 886,050 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Jun 5, 2026 | Sale(10b5-1 plan) | −7,513 | $121.00 | $909.07K | 878,537 |
| Dean Manson CHIEF LEGAL OFFICER | Jun 4, 2026 | Sale(10b5-1 plan) | −10,000 | $119.50 | $1.20M | 5,058 |
| Dean Manson CHIEF LEGAL OFFICER | Jun 4, 2026 | Option exercise | +10,000 | $14.04 | $140.40K | 15,058 |
| William David Wade Director | May 18, 2026 | Option exercise | +5,000 | $24.49 | $122.45K | 5,324 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Mar 6, 2026 | Option exercise | +20,417 | $14.04 | $286.65K | 660,380 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Mar 6, 2026 | Sale | −71,005 | $107.52 | $7.63M | 823,293 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Mar 6, 2026 | Option exercise | +233,918 | $16.57 | $3.88M | 894,298 |
| Dean Manson CHIEF LEGAL OFFICER | Mar 5, 2026 | Sale | −7,631 | $114.51 | $873.83K | 2,398 |
| Dean Manson CHIEF LEGAL OFFICER | Mar 5, 2026 | Sale | −11,400 | $114.60 | $1.31M | 4,998 |
| Dean Manson CHIEF LEGAL OFFICER | Mar 5, 2026 | Option exercise | +14,000 | $14.04 | $196.56K | 16,398 |
| Dean Manson CHIEF LEGAL OFFICER | Mar 5, 2026 | Option exercise | +7,631 | $14.04 | $107.14K | 10,029 |
| John Swieringa PRES, TECH & COO | Mar 4, 2026 | Sale | −35,088 | $113.39 | $3.98M | 253,535 |
| John Swieringa PRES, TECH & COO | Mar 4, 2026 | Option exercise | +35,088 | $16.57 | $581.41K | 288,623 |
| John Swieringa PRES, TECH & COO | Mar 4, 2026 | Sale | −15,000 | $114.04 | $1.71M | 253,535 |
| John Swieringa PRES, TECH & COO | Jan 2, 2026 | Tax withholding | −7,964 | $112.18 | $893.40K | 275,553 |
| Cantey Ergen Director, 10% owner | Dec 31, 2025 | Option exercise | +1,754 | $92.17 | $161.67K | 1,967 |
| Kathleen Q. Abernathy Director | Dec 31, 2025 | Tax withholding | −1,488 | $108.70 | $161.75K | 266 |
| Kathleen Q. Abernathy Director | Dec 31, 2025 | Option exercise | +1,754 | $92.17 | $161.67K | 1,754 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 31, 2025 | Option exercise | +263,158 | – | – | 604,876 |
| Charles W. Ergen CHAIRMAN, PRES and CEO, Director, 10% owner | Dec 26, 2025 | Gift | −11,821 | – | – | 11,140,269 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −3,657 | $106.72 | $390.28K | 620,671 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −11,880 | $108.18 | $1.29M | 383,372 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −6,095 | $106.77 | $650.76K | 395,252 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −6,169 | $105.96 | $653.67K | 401,347 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −26,621 | $104.61 | $2.78M | 407,516 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −28,500 | $104.09 | $2.97M | 434,137 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −4,255 | $108.76 | $462.77K | 462,637 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −7,833 | $108.01 | $846.04K | 466,892 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −4,668 | $106.84 | $498.73K | 474,725 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −5,465 | $105.95 | $579.02K | 479,393 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −23,172 | $104.67 | $2.43M | 484,858 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −29,607 | $104.10 | $3.08M | 508,030 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −4,256 | $108.76 | $462.88K | 537,637 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −7,831 | $108.01 | $845.83K | 541,893 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −14,940 | $104.65 | $1.56M | 627,568 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Sale(10b5-1 plan) | −20,129 | $104.10 | $2.10M | 642,508 |
| Hamid Akhavan CEO, EchoStar Capital, Director | Dec 11, 2025 | Option exercise | +285,832 | $14.04 | $4.01M | 662,637 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| William David Wade Director | Aug 25, 2026 | 5,000 | $459.00K | Aug 13, 2026 | Option Exercise |
| Stephen J. Bye Director | Aug 7, 2026 | 8,508 | $764.27K | Aug 7, 2026 | Stock Option Exercise |
| Hamid Akhavan Former Officer and Director | Aug 6, 2026 | 26,567 | $2.32M | Aug 6, 2026 | Stock Option Exercise |
| Hamid Akhavan Former Officer and Director | Aug 5, 2026 | 26,563 | $2.37M | Aug 5, 2026 | Stock Option Exercise |
| Hamid Akhavan Former Officer & Director | Aug 4, 2026 | 52,000 | $4.66M | Aug 4, 2026 | Stock Option Exercise |
| Dean Manson Officer | Jun 12, 2026 | 10,000 | $1.30M | Jun 12, 2026 | Stock Option Exercise |
| Hamid Akhavan Officer, Director | Jun 5, 2026 | 52,586 | $6.36M | Jun 5, 2026 | Stock Option Exercise |
| Dean Manson Officer | Jun 4, 2026 | 10,000 | $1.20M | Jun 4, 2026 | Stock Option Exercise |
| Hamid Akhavan Officer, Director | Mar 6, 2026 | 71,005 | $7.63M | Mar 6, 2026 | Option Granted - 12/31/2023 |
| Dean Manson Officer | Mar 5, 2026 | 19,031 | $2.18M | Mar 5, 2026 | Option Granted - 04/01/2024 |
| John Swieringa Officer | Mar 4, 2026 | 50,088 | $5.69M | Mar 4, 2026 | Restricted Stock Vesting |
| Tom A. Ortolf Director | Dec 11, 2025 | 1,754 | $182.51K | Dec 11, 2025 | Options Granted - 01/01/2021 |
| Hamid Akhavan Officer, Director | Dec 11, 2025 | 285,832 | $30.11M | Dec 11, 2025 | Option Granted 04/01/2024 |
| John Swieringa Officer | Nov 21, 2025 | 22,000 | $1.48M | Nov 21, 2025 | Restricted Stock Vesting |
| Paul Gaske Officer | Sep 12, 2025 | 9,483 | $719.45K | Sep 12, 2025 | Option Granted - 04/01/2024 |