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Bessemer Group Inc. grew its stake in EchoStar Corporation (NASDAQ: SATS) by 4.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 119,061 shares of the communications equipment provider's stock after acquiring an additional 5,066 shares during the
EchoStar's stock has for months been seen as a way to more cheaply get exposure to SpaceX.
Citi says EchoStar stock doesn't fully reflect the value of the company's future SpaceX stake, leaving meaningful upside for investors.
The satellite pay-TV broadcaster is preparing for chapter 11 as it faces regulatory scrutiny over its network build-out.
Expense ratios, sector weights, and portfolio size set these two small-cap value ETFs apart for investors comparing risk and diversification.
Key Takeaways Ticker Change: EchoStar Corporation is changing its Nasdaq stock ticker symbol from "SATS" to "ECHO" Effective Date: The new ticker will begin trading on June 24, 2026 Shareholder Impact: No action is required from current shareholders; ticker conversions will happen automatically Rationale: The stock ticker transition highlights EchoStar's expansion beyond traditional satellite services into a global connectivity brand ENGLEWOOD, Colo., June 22, 2026 (GLOBE NEWSWIRE) -- EchoStar Corporation, the parent company of DISH Network, Boost Mobile, Sling TV, and Hughes Network Systems, today announced that it will change its Nasdaq stock ticker symbol from "SATS" to "ECHO" to better represent the company's expanding lines of business.
Key Takeaways: SpaceX's IPO has created strong ETF demand across leveraged, active, and index-based strategies. The Procure Space ETF (UFO) remains central as the original pure-play space ETF, with its index methodology adapting for SpaceX.
EchoStar (SATS) has a sizeable stake in the newly public SpaceX (SPCX) – one that's being largely underappreciated by market participants, says New Street's senior analyst David Barden. In a recent note to clients, Barden raised his price target on the telecommunications firm to $165, indicating potential upside of an exciting 40% on its previous close.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.