AI-picked stocks now up 150%+; an 111% outperformance vs. the S&P 500
Paul Gaske, COO of HUGHES at EchoStar CORP (NASDAQ:SATS), sold 10,289 shares of Class A Common Stock on September 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold in multiple transactions with prices ranging from $75.63 to $78.32, netting a total of $778,190. The sale occurred near the stock’s 52-week high of $85.37, during a period of significant price momentum. According to InvestingPro data, SATS has delivered an impressive YTD return of 204.8%.
On the same day, Gaske also exercised options to acquire 7,964 shares of Class A Common Stock at a price of $14.04 per share, for a total value of $112,867. The current market price of $69.80 represents a substantial premium to the exercise price, reflecting the stock’s strong performance. InvestingPro analysis reveals 14 additional key insights about SATS, including detailed valuation metrics and growth indicators. Get access to the comprehensive Pro Research Report covering what really matters about SATS and 1,400+ other top stocks.
In other recent news, EchoStar Corporation has agreed to sell its AWS-4 and H-block spectrum licenses to SpaceX in a transaction valued at approximately $17 billion. This deal includes up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock, with SpaceX also committing to fund about $2 billion in cash interest payments on EchoStar’s debt through November 2027. In a related development, MDA Space Ltd faced a setback as EchoStar terminated a significant C$1.8 billion satellite contract, citing a change in business strategy. This led RBC Capital to lower its price target for MDA Space from C$53.00 to C$45.00, although the firm maintained its Outperform rating.
Furthermore, S&P Global Ratings revised AT&T Inc.’s outlook to stable from positive, following AT&T’s proposed $23 billion spectrum purchase from EchoStar. The revised outlook reflects an anticipated increase in AT&T’s leverage, projected to reach 3.6x-3.7x by 2026. These developments highlight significant shifts in the telecommunications landscape, with EchoStar’s transactions influencing multiple companies. As SpaceX expands its satellite-based connectivity offerings, the telecommunications sector is closely watching these changes.
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