Rep. Kevin Hern Sells Comcast Corporation (NASDAQ:CMCSA) Shares

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Comcast Corporation (NASDAQ:CMCSA). In a filing disclosed on August 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Comcast stock on August 5th. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Diageo (NYSE:DEO) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Estee Lauder Companies (NYSE:EL) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Organon & Co. (NYSE:OGN) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Mondelez International (NASDAQ:MDLZ) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Versant (NASDAQ:VSNT) on 8/5/2026.
• Sold $1,001 – $15,000 in shares of Kenvue (NYSE:KVUE) on 8/5/2026.

Comcast Stock Up 1.8%

Shares of NASDAQ CMCSA opened at $25.65 on Wednesday. The firm has a market cap of $91.02 billion, a price-to-earnings ratio of 8.30, a price-to-earnings-growth ratio of 1.43 and a beta of 0.67. The company’s 50-day simple moving average is $23.70 and its 200-day simple moving average is $26.95. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.94. Comcast Corporation has a 52-week low of $21.28 and a 52-week high of $34.45.

Comcast (NASDAQ:CMCSA) last issued its quarterly earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.07. Comcast had a net margin of 8.97% and a return on equity of 14.77%. The firm had revenue of $29.94 billion for the quarter, compared to analyst estimates of $29.24 billion. During the same period last year, the company posted $1.25 EPS. Comcast’s quarterly revenue was down 1.2% compared to the same quarter last year. Equities analysts predict that Comcast Corporation will post 3.52 EPS for the current fiscal year.

Comcast Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be given a $0.33 dividend. The ex-dividend date is Wednesday, October 7th. This represents a $1.32 annualized dividend and a dividend yield of 5.1%. Comcast’s dividend payout ratio (DPR) is 42.72%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on CMCSA. Sanford C. Bernstein reissued a “market perform” rating and set a $28.00 target price on shares of Comcast in a report on Monday, July 13th. Citigroup dropped their price target on Comcast from $35.50 to $32.00 and set a “buy” rating for the company in a research report on Monday, June 29th. Royal Bank Of Canada set a $26.00 price objective on Comcast and gave the company a “sector perform” rating in a research note on Friday, July 24th. KeyCorp reaffirmed a “sector weight” rating on shares of Comcast in a research note on Thursday, April 23rd. Finally, BNP Paribas Exane dropped their target price on shares of Comcast from $25.00 to $22.00 and set an “underperform” rating for the company in a report on Tuesday, July 14th. Eleven analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $32.96.

Institutional Investors Weigh In On Comcast

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Allied Private Wealth LLC acquired a new stake in shares of Comcast in the 2nd quarter worth $26,000. Imprint Wealth LLC acquired a new position in shares of Comcast during the 3rd quarter valued at about $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Comcast in the fourth quarter valued at about $27,000. Whipplewood Advisors LLC increased its position in Comcast by 75.5% during the first quarter. Whipplewood Advisors LLC now owns 932 shares of the cable giant’s stock worth $27,000 after purchasing an additional 401 shares during the last quarter. Finally, Main Street Group LTD purchased a new position in Comcast during the first quarter worth about $27,000. Institutional investors and hedge funds own 84.32% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

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.