Early Access — free while we kick the tires
EdgarHawk

Hamid Akhavan

CEO, EchoStar Capital

Director Officer

Latest: CEO, EchoStar Capital selling · June 2026

4 filings analyzed · 1 company · Latest 2026-06-09

Companies

Company Buys Sells Direction
EchoStar CORP SATS 0 35 Net selling

Activity

June 2026
2026-06-09 EchoStar CORP SATS
medium
Sell
52,586 shares
$6,362,906
Significance 5/10

Hamid Akhavan (then-CEO, EchoStar Capital) sold 52,586 shares for $6,362,906 under pre-arranged 10b5-1 plan

Hamid Akhavan, who was CEO at the time, executed 2 separate sales totaling 52,586 shares for $6,362,906 at $121.00 on 2026-06-05 as part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-06. The sales reduced his non-derivative holdings from 931,123 shares to 878,537 shares (-5.6%), though he retains 40,834 employee stock options. The sale occurred when the stock was trading at a 20.7% discount to its 52-week high of $147.25 and has declined 8.2% over the prior 30 days. His prior trades at SATS show strong post-sale appreciation, with 30-day returns ranging from +12.4% to +19.7% after sales, but this transaction is scheduled under a pre-arranged plan rather than discretionary. EchoStar remains unprofitable, with $-146.9M net income in its latest full fiscal year and annual revenue declining 5.2% year-over-year, providing context around company fundamentals during the sale window.

March 2026
2026-03-10 EchoStar CORP SATS
medium
Sell
71,005 shares
$7,634,458
Significance 5/10

CEO Akhavan Hamid sells 71,005 shares of SATS at $107.52 for $7.6M; retains 823,293 shares amid unprofitable operations.

Akhavan Hamid, CEO of EchoStar Capital, executed a sale of 71,005 shares at $107.52 on 2026-03-06, reducing his holdings by 7.9% to 823,293 shares. The company is currently unprofitable with net income of $-12.8B against revenue of $3.6B, and annual revenue declined 5.2% year-over-year. This sale occurs with the stock trading -17.2% from its 52-week high of $131.09, following a 30-day decline of -2.8%. His prior five transactions at SATS (all on 2025-12-11) showed positive 30-day returns ranging from 10.2% to 15.3%, though 90-day outcome data is not yet measurable for those trades. This sale represents a partial reduction of an already-substantial executive position in a financially distressed company.

December 2025
2025-12-15 EchoStar CORP SATS
high
Sell
285,832 shares
$30,106,499
Significance 7/10

CEO Akhavan Hamid sold 285,832 shares of SATS for $30.1M across 24 transactions on 2025-12-11

Akhavan Hamid, CEO of EchoStar Capital, executed 24 separate sales totaling 285,832 shares for $30,106,498.58 on a single date, reducing his holdings by 43.1% to 376,805 shares post-transaction. The sales occurred at prices ranging from $104.09 to $108.92, with a blended average of $105.33, near the current price of $103.93. The company has posted a negative full-year net income of $-12.8B and annual revenue decline of -7.0%, raising material questions about operational performance. Notably, his prior trades at this ticker (2 sells on 2025-09-12) showed negative 30-day returns (-1.2% and -3.3%) but positive 90-day returns (+39.3% and +36.5%), indicating his historical timing has not captured downside at this security, even though he executed multiple sales over the past three months.

September 2025
2025-09-16 EchoStar CORP SATS
high
Sell
233,918 shares
$17,626,533
Significance 6/10

CEO Hamid sells 233,918 shares for $17.6M at blended $75.35; retains 376,805 shares post-sale.

Akhavan Hamid, President and CEO, executed 2 separate sales totaling 233,918 shares for $17,626,533.32, reducing his holdings by 38.3% from 610,723 to 376,805 shares. The transactions occurred at prices ($74.93 and $76.50) well above the current market price of $69.80, suggesting execution during a period of relative strength. EchoStar reported negative net income of $-306,844,000.00 in its latest quarter and annual revenue declined 7.0% year-over-year, yet the stock has appreciated 150.5% over the prior 30 days and 180.7% over 90 days, possibly reflecting market recovery or sector rotation. The CEO's substantial reduction in equity stake during strong recent price momentum, coupled with the company's ongoing unprofitability and revenue contraction, merits investor attention to understand the strategic context behind the divestiture.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access