Comcast Corp. (NASDAQ:CMCSA) EVP David L. Cohen sold 19,444 shares of the business’s stock in a transaction that occurred on Tuesday, October 11th. The shares were sold at an average price of $65.50, for a total transaction of $1,273,582.00. Following the completion of the sale, the executive vice president now owns 257,120 shares of the company’s stock, valued at $16,841,360. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Comcast Corp. (NASDAQ:CMCSA) opened at 65.20 on Monday. The stock’s 50 day moving average is $65.88 and its 200 day moving average is $64.34. The company has a market cap of $157.25 billion, a price-to-earnings ratio of 19.82 and a beta of 1.05. Comcast Corp. has a 52-week low of $52.34 and a 52-week high of $68.36.

Comcast Corp. (NASDAQ:CMCSA) last announced its quarterly earnings data on Wednesday, July 27th. The cable giant reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.02. The business had revenue of $18.74 billion for the quarter, compared to the consensus estimate of $19.11 billion. Comcast Corp. had a net margin of 10.70% and a return on equity of 15.04%. Comcast Corp.’s quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the company posted $0.84 earnings per share. On average, analysts predict that Comcast Corp. will post $3.52 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Comcast Corp. (NASDAQ:CMCSA)

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 26th. Stockholders of record on Wednesday, October 5th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Monday, October 3rd. This represents a $1.10 annualized dividend and a dividend yield of 1.69%. Comcast Corp.’s payout ratio is 33.43%.

Several equities research analysts have issued reports on CMCSA shares. Nomura boosted their price objective on shares of Comcast Corp. from $70.00 to $73.00 and gave the stock a “buy” rating in a research note on Monday, June 27th. Robert W. Baird reiterated an “outperform” rating and set a $67.00 price objective on shares of Comcast Corp. in a research note on Tuesday, June 28th. Pivotal Research boosted their price objective on shares of Comcast Corp. from $74.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, July 7th. Barclays PLC reiterated an “overweight” rating and set a $69.00 price objective (up from $65.00) on shares of Comcast Corp. in a research note on Sunday, July 10th. Finally, Oppenheimer Holdings Inc. reiterated a “buy” rating and set a $70.00 price objective on shares of Comcast Corp. in a research note on Monday, July 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. Comcast Corp. presently has an average rating of “Buy” and an average target price of $72.00.

Large investors have recently made changes to their positions in the company. D Orazio & Associates Inc. boosted its position in shares of Comcast Corp. by 5.3% in the second quarter. D Orazio & Associates Inc. now owns 1,563 shares of the cable giant’s stock valued at $102,000 after buying an additional 79 shares during the period. Thompson Davis & CO. Inc. boosted its position in shares of Comcast Corp. by 64.6% in the second quarter. Thompson Davis & CO. Inc. now owns 1,605 shares of the cable giant’s stock valued at $105,000 after buying an additional 630 shares during the period. Oakworth Capital Inc. boosted its position in shares of Comcast Corp. by 24.0% in the second quarter. Oakworth Capital Inc. now owns 1,683 shares of the cable giant’s stock valued at $107,000 after buying an additional 326 shares during the period. Proficio Capital Partners LLC boosted its position in shares of Comcast Corp. by 80.1% in the second quarter. Proficio Capital Partners LLC now owns 1,704 shares of the cable giant’s stock valued at $116,000 after buying an additional 758 shares during the period. Finally, Cribstone Capital Management LLC purchased a new position in shares of Comcast Corp. during the second quarter valued at approximately $115,000. Institutional investors and hedge funds own 82.22% of the company’s stock.

About Comcast Corp.

Comcast Corporation is a media and technology company. The Company’s primary businesses include Comcast Cable and NBCUniversal. Its Comcast Cable business operates in Cable Communications segment. Its NBCUniversal business consists of four segments, which include Cable Networks, Broadcast Television, Filmed Entertainment and Theme Parks.

5 Day Chart for NASDAQ:CMCSA

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