Rep. Robert Bresnahan, Jr. Purchases Shares of Comcast Co. (NASDAQ:CMCSA)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Comcast Co. NASDAQ: CMCSA. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Comcast stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
• Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.

Comcast Price Performance

Shares of NASDAQ CMCSA opened at $34.25 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market cap of $127.88 billion, a PE ratio of 8.25, a P/E/G ratio of 1.78 and a beta of 0.97. The stock has a fifty day moving average price of $35.01 and a 200 day moving average price of $37.56. Comcast Co. has a 1-year low of $31.44 and a 1-year high of $45.31.

Comcast (NASDAQ:CMCSA - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The cable giant reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. Comcast had a net margin of 13.09% and a return on equity of 19.98%. The firm had revenue of $29.89 billion during the quarter, compared to analysts' expectations of $29.82 billion. During the same period in the prior year, the company posted $1.04 earnings per share. The firm's revenue for the quarter was down .6% on a year-over-year basis. Sell-side analysts forecast that Comcast Co. will post 4.33 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. lowered their target price on shares of Comcast from $45.00 to $39.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. Oppenheimer dropped their price objective on Comcast from $55.00 to $38.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. KeyCorp decreased their target price on Comcast from $47.00 to $45.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Argus cut Comcast from a "buy" rating to a "hold" rating in a research report on Tuesday. Finally, Wells Fargo & Company lowered shares of Comcast from an "equal weight" rating to an "underweight" rating and decreased their price objective for the stock from $37.00 to $31.00 in a research report on Monday, April 14th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, Comcast has an average rating of "Moderate Buy" and a consensus price target of $42.10.

Institutional Trading of Comcast

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Promus Capital LLC acquired a new stake in Comcast during the 4th quarter valued at approximately $25,000. Winch Advisory Services LLC boosted its stake in shares of Comcast by 269.9% during the 4th quarter. Winch Advisory Services LLC now owns 688 shares of the cable giant's stock valued at $26,000 after buying an additional 502 shares during the last quarter. Inlight Wealth Management LLC acquired a new stake in shares of Comcast during the first quarter worth approximately $26,000. Roxbury Financial LLC bought a new stake in shares of Comcast in the fourth quarter worth $27,000. Finally, Wingate Wealth Advisors Inc. bought a new position in Comcast during the 4th quarter valued at $28,000. Institutional investors and hedge funds own 84.32% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Comcast Company Profile

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.

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