Comcast stock is trading -17.96% below its average target price of $46.67 after marking a 1.4% during today's afternoon session. Analysts are giving the Large-Cap Cable Television company an average rating of buy and target prices ranging from $34.0 to $57.0 per share.
Comcast's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.3%. The stock's short ratio is 2.38. The company's insiders own 0.69% 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 88.3%. In conclusion, we believe there is mixed market sentiment regarding Comcast.
Institutions Invested in Comcast
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 10% | 374,811,923 | $14,351,548,874 |
| 2024-03-31 | Blackrock Inc. | 8% | 302,840,877 | $11,595,777,457 |
| 2024-03-31 | State Street Corporation | 4% | 163,140,958 | $6,246,667,431 |
| 2024-03-31 | Capital International Investors | 3% | 122,064,394 | $4,673,845,758 |
| 2024-03-31 | Capital World Investors | 3% | 115,703,280 | $4,430,278,697 |
| 2024-03-31 | FMR, LLC | 3% | 102,994,578 | $3,943,662,485 |
| 2024-03-31 | JP Morgan Chase & Company | 2% | 97,396,921 | $3,729,328,194 |
| 2024-03-31 | Massachusetts Financial Services Co. | 2% | 87,347,411 | $3,344,532,447 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 83,683,622 | $3,204,245,962 |
| 2024-03-31 | Dodge & Cox Inc | 2% | 73,143,940 | $2,800,681,529 |
