Comcast stock is trading -6.77% below its average target price of $45.76 after marking a 1.3% during today's evening session. Analysts are giving the large-cap Cable Television company an average rating of buy and target prices ranging from $38.05 to $51.05 per share.
Comcast's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.1%. The stock's short ratio is 2.15. The company's insiders own 0.73% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 88.0%. In conclusion, we believe there is mixed market sentiment regarding Comcast.
Institutions Invested in Comcast
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 10% | 382,741,160 | $16,327,737,827 |
| 2023-09-30 | Blackrock Inc. | 8% | 307,013,487 | $13,097,195,308 |
| 2023-09-30 | State Street Corporation | 4% | 154,695,696 | $6,599,318,367 |
| 2023-09-30 | Capital International Investors | 3% | 138,357,338 | $5,902,324,017 |
| 2023-09-30 | FMR, LLC | 3% | 114,557,584 | $4,887,026,515 |
| 2023-09-30 | Capital Research Global Investors | 2% | 96,843,817 | $4,131,357,218 |
| 2023-09-30 | JP Morgan Chase & Company | 2% | 94,186,141 | $4,017,980,760 |
| 2023-09-30 | Massachusetts Financial Services Co. | 2% | 94,086,865 | $4,013,745,646 |
| 2023-09-30 | Capital World Investors | 2% | 92,147,774 | $3,931,024,024 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 81,403,244 | $3,472,662,376 |
