Comcast Corporation $CMCSA Shares Sold by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC trimmed its position in shares of Comcast Corporation (NASDAQ:CMCSA) by 52.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,695 shares of the cable giant’s stock after selling 21,956 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Comcast were worth $589,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CMCSA. Capital A Wealth Management LLC grew its holdings in shares of Comcast by 173.7% in the second quarter. Capital A Wealth Management LLC now owns 687 shares of the cable giant’s stock valued at $25,000 after purchasing an additional 436 shares in the last quarter. Imprint Wealth LLC acquired a new stake in Comcast during the 3rd quarter worth approximately $26,000. United Financial Planning Group LLC acquired a new stake in Comcast during the 3rd quarter worth approximately $28,000. Howard Hughes Medical Institute purchased a new position in Comcast in the 2nd quarter valued at approximately $29,000. Finally, Olistico Wealth LLC acquired a new position in shares of Comcast in the fourth quarter worth $29,000. 84.32% of the stock is owned by institutional investors and hedge funds.

Comcast Stock Performance

Shares of CMCSA stock opened at $27.93 on Friday. The company has a market cap of $100.49 billion, a P/E ratio of 5.20, a PEG ratio of 2.23 and a beta of 0.80. The firm has a fifty day moving average price of $30.30 and a 200 day moving average price of $29.41. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96. Comcast Corporation has a 12 month low of $25.75 and a 12 month high of $36.66.

Comcast (NASDAQ:CMCSA) last posted its quarterly earnings results on Thursday, January 29th. The cable giant reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.09. The company had revenue of $32.31 billion for the quarter, compared to analysts’ expectations of $32.35 billion. Comcast had a return on equity of 16.86% and a net margin of 16.17%.Comcast’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the firm earned $0.96 earnings per share. Sell-side analysts predict that Comcast Corporation will post 4.33 earnings per share for the current fiscal year.

Comcast Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Wednesday, April 1st will be paid a dividend of $0.33 per share. The ex-dividend date is Wednesday, April 1st. This represents a $1.32 annualized dividend and a yield of 4.7%. Comcast’s payout ratio is presently 24.58%.

Comcast News Summary

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Comcast is expanding multi?gigabit broadband into rural/suburban communities and launched “Total Solutions Advantage,” a bundled connectivity + cybersecurity service for small businesses — a revenue diversification and growth-angle that investors typically view favorably for broadband ARPU and business revenue stability. Will Comcast’s (CMCSA) Rural Upgrades and Bundled Cybersecurity Pivot Reshape Its Broadband Narrative?
• Positive Sentiment: BofA reiterated Comcast as a “buy,” signaling continued confidence from a major bank despite weak short?term performance — a supportive institutional voice that can limit downside and attract long?term buyers. BofA Reiterates Comcast (CMCSA) As “Buy” Despite Weak Short-Term Performance
• Positive Sentiment: Zacks upgraded Comcast from “strong sell” to “hold,” reducing one layer of bearish analyst pressure and potentially stabilizing sentiment. Zacks.com
• Neutral Sentiment: Analysts remain mixed on Comcast amid discussions of partnerships and edge/AI computing opportunities (referenced to an NVIDIA-related angle); consensus price target (~$32.50) implies upside, but coverage is split, so volatility may persist as investors wait for clearer proofs of monetization. Analysts Remain Mixed on Comcast (CMCSA) Amid NVIDIA Deal
• Neutral Sentiment: Roundups noting Comcast among “stocks making big moves” increase short?term attention but don’t by themselves change fundamentals. These mentions can drive trading volume and short-term volatility. Stocks making big moves yesterday: … and Comcast
• Negative Sentiment: Scotiabank trimmed its price target from $35.25 to $34.00 (still “sector perform”), reducing near?term upside expectations and signaling more conservative assumptions about growth or multiple expansion. Scotiabank adjusts price target on Comcast to $34
• Negative Sentiment: Market pieces and headlines documenting a recent intraday/share decline (multiple outlets flagged a ~2% drop) reflect short?term selling pressure and negative momentum that can amplify declines in low?volume sessions. Comcast (CMCSA) Stock Sinks As Market Gains: Here’s Why

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on CMCSA shares. Pivotal Research lowered Comcast from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of Comcast in a research note on Friday, January 9th. Wall Street Zen upgraded Comcast to a “hold” rating in a report on Saturday, March 14th. Arete Research set a $23.00 price target on Comcast in a research report on Tuesday, January 6th. Finally, TD Cowen lowered their price objective on Comcast from $40.00 to $39.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Ten investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $34.71.

Insiders Place Their Bets

In related news, CEO Michael J. Cavanagh sold 57,947 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $32.66, for a total value of $1,892,549.02. Following the completion of the transaction, the chief executive officer directly owned 622,336 shares of the company’s stock, valued at $20,325,493.76. This represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.32% of the stock is currently owned by insiders.

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.