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

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

CMCSA stock traded down $0.41 during trading on Tuesday, reaching $23.57. 10,891,189 shares of the company were exchanged, compared to its average volume of 32,658,645. The company has a market capitalization of $84.18 billion, a price-to-earnings ratio of 4.64, a P/E/G ratio of 1.99 and a beta of 0.68. 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 50-day moving average of $26.24 and a two-hundred day moving average of $28.31. Comcast Corporation has a twelve month low of $23.13 and a twelve month high of $36.66.

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

Comcast Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Wednesday, July 1st will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $1.32 annualized dividend and a dividend yield of 5.6%. Comcast’s payout ratio is 25.98%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on CMCSA. New Street Research lowered their price objective on Comcast from $36.00 to $31.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Comcast in a research note on Wednesday, April 8th. Rosenblatt Securities cut their price target 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. Freedom Capital upgraded Comcast to a “hold” rating in a research report on Friday. Finally, KeyCorp reissued a “sector weight” rating on shares of Comcast in a research note on Thursday, April 23rd. Nine investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $34.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. First National Bank of Mount Dora Trust Investment Services raised its stake in Comcast by 7.9% during the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 136,782 shares of the cable giant’s stock worth $3,927,000 after buying an additional 9,976 shares during the period. Wealthquest Corp lifted its stake in Comcast by 15.9% during the 1st quarter. Wealthquest Corp now owns 8,714 shares of the cable giant’s stock valued at $250,000 after acquiring an additional 1,195 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Comcast by 20.3% in the first quarter. Parallel Advisors LLC now owns 53,629 shares of the cable giant’s stock valued at $1,540,000 after purchasing an additional 9,064 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Comcast by 35.6% during the first quarter. NewEdge Advisors LLC now owns 469,089 shares of the cable giant’s stock valued at $13,468,000 after purchasing an additional 123,151 shares in the last quarter. Finally, Caerus Investment Advisors LLC purchased a new position in Comcast during the first quarter worth about $218,000. 84.32% of the stock is owned by institutional investors.

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.

Comcast Company Profile

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.