Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Comcast Corp shares valued at $10,061,170 were sold by ROBERTS BRIAN L on Nov 27 ’24. At $42.80 per share, ROBERTS BRIAN L sold 235,051 shares. The insider’s holdings dropped to 6,434,877 shares worth approximately $215.89 million following the completion of this transaction.
Also, ROBERTS BRIAN L sold 234,464 shares, netting a total of over 10,002,633 in proceeds. Following the sale of shares at $42.66 each, the insider now holds 6,669,928 shares.
Before that, Cavanagh Michael J had sold 107,622 shares from its account. In a trade valued at $4,577,045, the President traded Comcast Corp shares for $42.53 each. Upon closing the transaction, the insider’s holdings decreased to 107,622 shares, worth approximately $15.19 million.
As published in a research note from Wells Fargo on April 14, 2025, Comcast Corp [CMCSA] has been rated down from an Equal weight to an Underweight and the price target has been revised to $31. Analysts at Exane BNP Paribas downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in early April. As of February 03, 2025, Scotiabank has decreased its “Sector outperform” rating to a “Sector perform” for CMCSA. Earlier on January 31, 2025, Exane BNP Paribas upgraded its rating. Their new recommendation was “a Neutral” for CMCSA stock which previously was a “an Underperform”.
Analyzing CMCSA Stock Performance
During the last five days, there has been a drop of approximately -4.63%. Over the course of the year, Comcast Corp shares have dropped approximately -10.60%. Shares of the company reached a 52-week high of $38.40 on 01/27/25 and a 52-week low of $32.20 on 04/09/25. A 50-day SMA is recorded $35.53, while a 200-day SMA reached $38.81.
Support And Resistance Levels for Comcast Corp (CMCSA)
According to the 24-hour chart, there is a support level at 33.12, which, if violated, would cause prices to drop to 32.69. In the upper region, resistance lies at 34.22. The next price resistance is at 34.88. RSI (Relative Strength Index) is 40.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.75, which suggests the price will decrease in the coming days. Percent R is at 74.43%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
