85 Institutional Investors Exited Positions In Comcast Corporation (CMCSA)

Comcast Corporation (NASDAQ:CMCSA) went up to recover about 17.68% since recording its record low price of $30.43. The stock experienced 3.38% jump, arriving at $35.81 on 01/04/2019. During the day, the stock price traveled from $34.86 to $35.84. This company shares are 23.62% off its target price of $44.27 and the current market capitalization stands at $163.44B. The recent change has given its price a -2.7% deficit over SMA 50 and -18.61% deficit over its 52-week high. The stock witnessed -8.53% declines, 1.76% gains and 8.12% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CMCSA’s volatility during a week at 3.35% and during a month it has been found around 3.41%.

Comcast Corporation (CMCSA) Top Holders

Institutional investors currently hold around $133.42 billion or 84.1% in CMCSA stock. Look at its top three institutional owners. Vanguard Group Inc owns $12.19 billion in Comcast Corporation, which represents roughly 7.46% of the company’s market cap and approximately 9.14% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 318,519,731 shares of the stock are valued at $11.41 billion. The third largest holder is State Street Corp, which currently holds $5.78 billion worth of this stock and that ownership represents nearly 3.54% of its market capitalization.

Comcast Corporation 13F Filings

At the end of September reporting period, 827 institutional holders increased their position in Comcast Corporation (NASDAQ:CMCSA) by some 266,043,845 shares, 713 decreased positions by 278,344,342 and 216 held positions by 3,181,000,000. That puts total institutional holdings at 3,726,000,000 shares, according to SEC filings. The stock grabbed 121 new institutional investments totaling 10,706,902 shares while 85 institutional investors sold out their entire positions totaling 12,226,801 shares.

Comcast Corporation (NASDAQ:CMCSA) Insider Trades

Multiple company employees have indulged in significant insider trading. Comcast Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP, GC and Secretary Block Arthur R has sold 4,129 shares of Comcast Corporation (CMCSA) in trading session dated Dec. 27, 2018. These shares are worth $139,560 and were traded at $33.8 each. The SEC filing shows that Block Arthur R performed a sale of 5,743 shares. The EVP, GC and Secretary disposed these shares by way of transaction on Dec. 18, 2018. The company’s shares were given away at $36.41 per share worth to an income of some $209,103 on account of Block Arthur R.

Director, Bacon Kenneth J, sold 7,636 common shares of Comcast Corporation (CMCSA) in the open market. In a transaction dated Dec. 10, 2018, the shares were put up for sale at an average price of $37.04, raking in a sum of $282,837. After this sale, 33,603 common shares of CMCSA are directly owned by the insider, with total stake valued at $1,203,323.

In the transaction dated Sep. 27, 2018, the great number of shares disposed came courtesy the EVP, GC and Secretary; Block Arthur R disposed a total of 6,448 shares at an average price of $35.48, amounting to approximately $228,775. The insider now directly owns 60,544 shares worth $2,168,081.

Comcast Corporation (CMCSA) Analyst Guide

Several analysts have released their opinion on Comcast Corporation (NASDAQ:CMCSA), with 11 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 13 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.87 average brokerage recommendation.