Comcast Corp (CMCSA) Files Form 4 Insider Selling : Arthur R Block Sells 1,002 Shares

Comcast Corp (CMCSA): Arthur R Block , EVP, GC and Secretary of Comcast Corp sold 1,002 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $61.25 per share for a total value of $61,372.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 30, 2016, Arthur R Block (EVP, GC and Secretary) sold 16,357 shares at $59.62 per share price.On Mar 15, 2016, J Michael Cook (director) sold 12,066 shares at $59.00 per share price.Also, On Mar 2, 2016, Lawrence J Salva (EVP & Chief Accounting Officer) sold 48,044 shares at $59.07 per share price.On Feb 8, 2016, Kenneth J Bacon (director) sold 4,000 shares at $58.17 per share price.

Shares of Comcast Corporation (CMCSA) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.52 points or -0.85% at $60.94 with 1,42,32,657 shares getting traded. Post opening the session at $61.25, the shares hit an intraday low of $60.38 and an intraday high of $61.36 and the price vacillated in this range throughout the day. The company has a market cap of $147,799 M and the number of outstanding shares has been calculated to be 2,42,53,16,200 shares. The 52-week high of Comcast Corporation is $64.99 and the 52-week low is $50.01.

Comcast Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Comcast Corporation is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 65 from a previous price target of $68 . The Rating was issued on Feb 29, 2016.Comcast Corporation is Upgraded by Argus to Buy. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Feb 5, 2016.Comcast Corporation is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 67 from a previous price target of $68 . The Rating was issued on Feb 4, 2016.

Comcast Corporation is a media and technology company. The Company has two primary businesses Comcast Cable and NBCUniversal. The Company’s business line comprises five segments: Cable Communications; Cable Networks; Broadcast Television; Filmed Entertainment and Theme Parks. Cable Communications consists of the operations of Comcast Cable a provider of video high-speed Internet and voice services under the XFINITY brand. Cable Networks consists primarily of its national cable networks regional sports and news networks international cable networks and its cable television production operations. Broadcast Television consists primarily of the NBC and Telemundo broadcast networks. Filmed Entertainment consists primarily of the studio operations of Universal Pictures. Theme Parks consists primarily of its Universal theme parks. The Company’s other business interests consist of Comcast-Spectacor and the Wells Fargo Center arena.

Leave a Reply

Comcast Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Comcast Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.