Rep. Gilbert Ray Cisneros, Jr. Sells Comcast Corporation (NASDAQ:CMCSA) Shares

Key Points

• Rep. Gilbert Ray Cisneros Jr. sold $1,001–$15,000 of Comcast shares on July 17 from a Bank of America trust account, according to a congressional filing disclosed September 4.
• Comcast reported quarterly EPS of $1.04, beating estimates of $0.97, while revenue reached $29.94 billion; however, revenue declined 1.2% year over year and EPS fell from $1.25 in the prior-year quarter.
• Comcast declared a quarterly dividend of $0.33 per share, equivalent to a 5.0% annualized yield. Analysts have an overall “Hold” rating, with an average price target of $32.96 versus the stock’s reported opening price of $26.49.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Comcast Corporation (NASDAQ:CMCSA). In a filing disclosed on September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in Comcast stock on July 17th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Mesabi Trust NYSE: MSB on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of Praxis Precision Medicines NASDAQ: PRAX on 7/30/2026.
• Purchased $15,001 - $50,000 in shares of Alkermes NASDAQ: ALKS on 7/30/2026.
• Sold $15,001 - $50,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 7/30/2026.
• Sold $100,001 - $250,000 in shares of Alibaba Group NYSE: BABA on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Glacier Bancorp NYSE: GBCI on 7/21/2026.
• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 7/21/2026.

Comcast Stock Performance

CMCSA opened at $26.49 on Tuesday. The stock has a market cap of $94.00 billion, a P/E ratio of 8.57, a P/E/G ratio of 1.88 and a beta of 0.68. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.80 and a quick ratio of 0.80. The stock's 50 day simple moving average is $24.90 and its 200 day simple moving average is $26.42. Comcast Corporation has a 1-year low of $21.28 and a 1-year high of $34.38.

Comcast (NASDAQ:CMCSA - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The cable giant reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.07. The firm had revenue of $29.94 billion during the quarter, compared to analysts' expectations of $29.24 billion. Comcast had a return on equity of 14.77% and a net margin of 8.97%.Comcast's revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.25 earnings per share. As a group, equities analysts anticipate that Comcast Corporation will post 3.52 EPS for the current fiscal year.

Comcast Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $1.32 annualized dividend and a dividend yield of 5.0%. Comcast's payout ratio is 42.72%.

Analysts Set New Price Targets

Several equities analysts have weighed in on CMCSA shares. Barclays set a $26.00 target price on shares of Comcast and gave the company an "equal weight" rating in a report on Friday, July 24th. Royal Bank Of Canada set a $26.00 price target on shares of Comcast and gave the company a "sector perform" rating in a research report on Friday, July 24th. Sanford C. Bernstein reissued a "market perform" rating and set a $28.00 price objective on shares of Comcast in a research note on Monday, July 13th. Weiss Ratings lowered Comcast from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday, July 28th. Finally, New Street Research lowered their target price on Comcast from $31.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, June 25th. Eleven research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $32.96.

Hedge Funds Weigh In On Comcast

Large investors have recently modified their holdings of the company. Allied Private Wealth LLC purchased a new position in Comcast in the 2nd quarter valued at about $26,000. Imprint Wealth LLC acquired a new position in Comcast in the third quarter worth about $26,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in Comcast in the fourth quarter valued at about $27,000. Whipplewood Advisors LLC raised its stake in Comcast by 75.5% during the first quarter. Whipplewood Advisors LLC now owns 932 shares of the cable giant's stock valued at $27,000 after buying an additional 401 shares in the last quarter. Finally, Main Street Group LTD acquired a new position in shares of Comcast in the 1st quarter worth approximately $27,000. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.

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