Rep. Mike Kelly Sells Off Shares of Comcast Corporation (NASDAQ:CMCSA)

Representative Mike Kelly (Republican-Pennsylvania) recently sold shares of Comcast Corporation (NASDAQ:CMCSA). In a filing disclosed on June 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Comcast stock on May 7th. The trade occurred in the Representative’s “VICTORIA KELLY TRUST ICA” account.

Representative Mike Kelly also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Bristol Myers Squibb (NYSE:BMY) on 5/7/2026.

Comcast Price Performance

Shares of CMCSA opened at $22.80 on Wednesday. The business has a 50-day moving average of $25.61 and a 200-day moving average of $28.13. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.87 and a quick ratio of 0.87. The company has a market capitalization of $81.45 billion, a price-to-earnings ratio of 4.49, a price-to-earnings-growth ratio of 1.82 and a beta of 0.67. Comcast Corporation has a 1 year low of $22.13 and a 1 year high of $36.66.

Comcast (NASDAQ:CMCSA) last announced its earnings results on Thursday, April 23rd. The cable giant reported $0.79 EPS for the quarter, beating the consensus estimate of $0.73 by $0.06. The business had revenue of $31.46 billion for the quarter, compared to analysts’ expectations of $30.42 billion. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The firm’s revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.09 earnings per share. As a group, equities research analysts anticipate that Comcast Corporation will post 3.53 earnings per share for the current year.

Comcast Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 1st will be paid a $0.33 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $1.32 annualized dividend and a dividend yield of 5.8%. Comcast’s dividend payout ratio is presently 25.98%.

Hedge Funds Weigh In On Comcast

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of Comcast by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 369,311,219 shares of the cable giant’s stock worth $11,038,712,000 after acquiring an additional 2,160,829 shares in the last quarter. Rothschild & Co Wealth Management UK Ltd grew its position in shares of Comcast by 1.0% in the third quarter. Rothschild & Co Wealth Management UK Ltd now owns 11,327,445 shares of the cable giant’s stock valued at $355,908,000 after purchasing an additional 113,461 shares in the last quarter. North Dakota State Investment Board bought a new stake in shares of Comcast during the 4th quarter valued at $3,754,000. Varma Mutual Pension Insurance Co lifted its holdings in Comcast by 8.8% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 613,694 shares of the cable giant’s stock worth $19,282,000 after purchasing an additional 49,800 shares in the last quarter. Finally, Vest Financial LLC boosted its stake in Comcast by 72.1% in the 4th quarter. Vest Financial LLC now owns 232,883 shares of the cable giant’s stock worth $6,961,000 after purchasing an additional 97,601 shares during the period. Institutional investors and hedge funds own 84.32% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CMCSA. Morgan Stanley boosted their price target on shares of Comcast from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. UBS Group reissued a “neutral” rating on shares of Comcast in a research note on Tuesday. Rosenblatt Securities dropped their target price on shares of Comcast from $30.00 to $24.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Comcast in a research report on Wednesday, April 8th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Comcast in a report on Thursday, April 23rd. Nine equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Comcast currently has a consensus rating of “Hold” and an average price target of $34.50.

About Representative Kelly

Mike Kelly (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 16th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Kelly (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 16th Congressional District. He declared candidacy for the 2026 election.

About Comcast

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.