Comcast Corp’s filing revealed that its Chairman of Board & CEO ROBERTS BRIAN L unloaded Company’s shares for reported $10.06 million on Nov 27 ’24. In the deal valued at $42.80 per share,235,051 shares were sold. As a result of this transaction, ROBERTS BRIAN L now holds 6,434,877 shares worth roughly $228.05 million.
Then, ROBERTS BRIAN L sold 234,464 shares, generating $10,002,633 in total proceeds. Upon selling the shares at $42.66, the Chairman of Board & CEO now owns 6,669,928 shares.
Before that, Cavanagh Michael J sold 107,622 shares. Comcast Corp shares valued at $4,577,045 were divested by the President at a price of $42.53 per share. As a result of the transaction, Cavanagh Michael J now holds 452,650 shares, worth roughly $16.04 million.
Argus downgraded its Comcast Corp [CMCSA] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid April from “an Equal weight” to “an Underweight”. Exane BNP Paribas also remained covering CMCSA and has decreased its forecast on April 10, 2025 with a “an Underperform” recommendation from previously “Neutral” rating. Scotiabank revised its rating on February 03, 2025. It rated CMCSA as “a Sector perform” which previously was an “a Sector outperform”.
Price Performance Review of CMCSA
On Monday, Comcast Corp [NASDAQ:CMCSA] saw its stock fall -0.11% to $35.44. Over the last five days, the stock has gained 2.07%. Comcast Corp shares have fallen nearly -5.57% since the year began. Nevertheless, the stocks have fallen -9.71% over the past one year. While a 52-week high of $45.31 was reached on 01/27/25, a 52-week low of $31.44 was recorded on 04/24/25.
How much short interest is there in Comcast Corp?
A steep rise in short interest was recorded in Comcast Corp stocks on 2025-04-30, growing by 0.61 million shares to a total of 56.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 55.87 million shares. There was a rise of 1.08%, which implies that there is a positive sentiment for the stock.
