Rokos Capital Management Adds $62M in EchoStar Corporation ($SATS)
Key Points
- Rokos Capital Management changed its EchoStar Corporation ($SATS) stake by 175.57% last quarter, boosting to 956,487 shares worth $97.08 million.
- Wall Street's consensus rating on $SATS is Buy and an average price target of $137.60.
- $SATS last traded around $101.50.
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Rokos Capital Management increased its position in EchoStar Corporation ($SATS) by 175.57% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 956,487 shares of EchoStar Corporation after buying 609,390 shares during the quarter. Rokos Capital Management's holdings in EchoStar Corporation were worth $97.08 million as of its most recent filing.
EchoStar Corporation Stock Price
Shares of EchoStar Corporation ($SATS) traded around $101.50 on Saturday.
EchoStar Corporation Earnings
Analysts Set New Price Targets
About EchoStar Corporation
EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The Pay-TV segment offers a direct broadcast and fixed satellite, owned and leased satellites, leased fiber optic networks, in-home services, and call center operation services; digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; multichannel, live-linear and on-demand streaming over-the-top Internet-based domestic, international, Latino, and Freestream video programming services; and receiver systems. Its Wireless segment provides wireless communication services and products; and a range of wireless devices. The Broadband and Satellite Services offers broadband satellite technologies, and internet products and services to consumer customers, including home and small to medium-sized businesses; managed services, equipment, hardware, satellite services, and communications solutions to government and enterprise customers, as well as to the unserved and underserved consumer, enterprise, aeronautical, and government markets; and integrated multi-transport solutions that enable airline and airline service providers to deliver in-flight network connectivity. This segment also designs, provides, and installs gateway and terminal equipment to customers for other satellite systems; and designs, develops, constructs, and provides telecommunication networks comprising satellite ground segment systems and terminals to mobile system operators and enterprise customers. Its Other segment consists of 5G network and 5G network deployment operations. The company sells its products and services under the Boost Mobile, DISH, Gen Mobile, Hughes, Hughesnet, and Sling brands. The company was formerly known as EchoStar Holding Corporation. EchoStar Corporation was founded in 1980 and is headquartered in Englewood, Colorado.
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