Amanah Holdings Trust 13F: Exits EchoStar (ECHO) Stake

Amanah Holdings Trust sold all 115,000 shares of EchoStar Corporation (ECHO) in a filing on October 23, 2026. This move closed out its entire position in the company, which had a reported value of about $10.2 million at the time of the sale. The fund's reported value for all its investments is approximately $1.27 billion.

ECHO EchoStar Corporation

$89.08 ▼ -20.59% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Where EchoStar Fits in Amanah Holdings Trust's Portfolio

This sale means EchoStar was a smaller position for Amanah Holdings Trust, ranking 21st among its reported holdings. With the exit, the fund no longer holds any shares in EchoStar.

EchoStar Corporation Stock Up 3.8%

EchoStar's shares recently traded around $89.08, which is about equal to the closing price on the filing date. The stock is currently below its 50-day moving average by about 1.7% and significantly below its 200-day moving average by about 17.1%. It is also about 39.5% below its 52-week high of $147.25.

Recent Earnings

EchoStar reported a trailing twelve-month revenue of about $14.65 billion, but it has faced challenges, showing a net margin of -38.7% and a year-over-year revenue decline of 4.0%. The next earnings report is set for November 5, 2026.

Insider Buying and Selling at EchoStar Corporation

Several insiders have sold shares of EchoStar recently. On June 5, 2026, Officer and Director Hamid Akhavan sold 52,586 shares at an average price of $121.00, totaling about $6.36 million. Officer Dean A Manson sold 10,000 shares on June 12, 2026, for about $1.30 million at an average price of $130.39. Other insiders have also sold shares earlier this year.

Analysts Set New Price Targets

On October 16, 2026, JP Morgan upgraded its rating on EchoStar to Overweight with a target price of $144. Earlier, UBS also upgraded its rating to Buy with a target of $150. The consensus recommendation for EchoStar is currently a Strong Buy, with a mean price target of $130.20 based on 10 analyst opinions.

About EchoStar Corporation

EchoStar Corporation, based in Englewood, Colorado, provides pay-TV services across multiple regions, including the United States and several countries in North America, South America, Europe, Asia, and Africa. The company's performance has been under pressure, contributing to its recent stock price action.

Bottom Line

Investors will want to keep an eye on EchoStar's upcoming earnings report on November 5, 2026, as well as any further institutional moves following Amanah Holdings Trust's complete exit from its position. This recent filing highlights a strategic shift in the fund's portfolio as it continues to adjust its investments.