Comcast stock is trading -12.4% below its average target price of $46.36 after dropping -3.1% during today's afternoon session. Analysts are giving the Large-Cap Cable Television company an average rating of buy and target prices ranging from $35.0 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 2.46. The company's insiders own 0.71% 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 87.8%. In conclusion, we believe there is mixed market sentiment regarding Comcast.
Institutions Invested in Comcast
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2024-06-30 | Vanguard Group Inc | 10% | 372,370,346 | $15,121,959,978 |
2024-06-30 | Blackrock Inc. | 8% | 321,142,381 | $13,041,592,288 |
2024-06-30 | State Street Corporation | 4% | 166,558,587 | $6,763,944,319 |
2024-06-30 | Capital World Investors | 3% | 128,148,382 | $5,204,105,871 |
2024-06-30 | FMR, LLC | 3% | 111,357,670 | $4,522,235,046 |
2024-06-30 | JP Morgan Chase & Company | 2% | 86,410,113 | $3,509,114,741 |
2024-06-30 | Geode Capital Management, LLC | 2% | 85,791,380 | $3,483,987,994 |
2024-06-30 | Capital International Investors | 2% | 79,767,857 | $3,239,372,721 |
2024-06-30 | Dodge & Cox Inc | 2% | 72,739,344 | $2,953,944,804 |
2024-06-30 | Norges Bank Investment Management | 2% | 61,265,215 | $2,487,980,418 |