Insider Cluster (2 insiders) ·Filed Jun 16, 2026
SA

SATS

EchoStar CORP
NEUTRAL
Impact 2/10
Horizondays Processed3mo ago
Insider cluster: 2 insiders, $6.2M total
Actionable Insight • Neutral

The dollar amount is too small to signal a bearish view. CEO sales at this scale are likely routine diversification. No immediate read-through; monitor for any upcoming earnings or M&A announcements that might have prompted the sales.

DirectionNeutral
Confidencehigh
Horizondays
Latest settled — T+5d
SATS ▼ -6.97% at T+5d
NEUTRAL call ✗ call lost -6.97% · α vs SPY -5.93% · entry $111.70 → $103.92
Next anchor: T+20d due 3mo ago
Latest observation: T+11 -15.56% FF3 residual α
Entry anchored
Jun 16, 04:06 PM ET
via exchange tick
T+1d
-2.27%
call -2.27% · α -3.05%
$109.17
settled 4mo ago
T+5d
-6.97%
call -6.97% · α -5.93%
$103.92
settled 3mo ago
T+20d
—
call — · α —
—
due 3mo ago
T+60d
—
call — · α —
—
due 21d ago

Price Chart

Loading chart...

Executive Summary

Two EchoStar insiders (CEO and CLO) sold a combined $6.24M in open-market transactions over a 7-day window. The total represents just 0.018% of the $34.2B market cap, making this a routine, immaterial cluster with no signaling value.

Key Financial Metrics

Direction
selling
Total Value
$6.2M
Insiders
2

Key Facts

  • CEO Hamid Akhavan sold 45,100 shares at $121.00 for $5.45M on 2026-06-05
  • CLO Dean Manson sold 6,000 shares at $130.39 for $782,340 on 2026-06-12
  • Total open-market sales: $6.24M, or ~0.018% of $34.2B market cap
  • CLO also exercised derivatives (non-cash) on the same day, indicating a typical cashless exercise-and-sell pattern

Financial Impact

Trivial relative to market cap; no material financial impact

dilution

Risk Factors

  • None material from this cluster alone

Market Snapshot

Exchange
Nasdaq
Sector
Communications Services, NEC
Analyst Consensus
60% bullish (10 analysts)

Investment Themes

Space & Satellites

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-SATS-1781651377784
6 reports for SATS
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for SATS — sortable, filterable
TypeNow
Jun 16, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$111.70 $103.92▼ −6.97%▼ −5.93%—
Jun 5, 2026
17w ago
144
NEUTRAL ★ 3/10
$116.28 $114.08▼ −1.89%▼ −2.46%—
Jun 4, 2026
17w ago
144
NEUTRAL ★ 2/10
$124.64 $128.13▲ +2.80%▲ +5.35%—
Mar 4, 2026
30w ago
Insider Cluster
BEARISH ★ 7/10
$114.03 $112.18▲ +1.62%▲ +0.29%—
Mar 4, 2026
30w ago
Insider Cluster
NEUTRAL ★ 4/10
$114.03 $112.18▼ −1.62%▼ −0.29%—
Feb 28, 2026
30w ago
Institutional Cluster
MIXED ★ 6/10
$118.68 $109.92▼ −7.38%▼ −6.17%—
Showing 6 of 6

US Market Status

Market Closed — Opens Mon (65h 26m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access
Report published Jun 16, 2026