Comcast (NASDAQ:CMCSA) Shares Unloaded Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Comcast Corporation (NASDAQ:CMCSA). In a filing disclosed on August 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Comcast stock on August 5th. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Diageo (NYSE:DEO) on 8/5/2026.
  • Sold $1,001 – $15,000 in shares of Estee Lauder Companies (NYSE:EL) on 8/5/2026.
  • Sold $1,001 – $15,000 in shares of Organon & Co. (NYSE:OGN) on 8/5/2026.
  • Sold $1,001 – $15,000 in shares of Mondelez International (NASDAQ:MDLZ) on 8/5/2026.
  • Sold $1,001 – $15,000 in shares of Versant (NASDAQ:VSNT) on 8/5/2026.
  • Sold $1,001 – $15,000 in shares of Kenvue (NYSE:KVUE) on 8/5/2026.

Comcast Price Performance

CMCSA opened at $25.65 on Wednesday. The stock has a market cap of $91.02 billion, a P/E ratio of 8.30, a P/E/G ratio of 1.43 and a beta of 0.67. Comcast Corporation has a 12 month low of $21.28 and a 12 month high of $34.45. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.94. The company has a fifty day simple moving average of $23.70 and a 200 day simple moving average of $26.95.

Comcast (NASDAQ:CMCSAGet Free Report) last released its quarterly earnings data on Thursday, July 23rd. The cable giant reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.07. Comcast had a return on equity of 14.77% and a net margin of 8.97%.The business had revenue of $29.94 billion for the quarter, compared to analysts’ expectations of $29.24 billion. During the same quarter in the previous year, the business posted $1.25 EPS. Comcast’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, research analysts expect that Comcast Corporation will post 3.52 EPS for the current year.

Comcast Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 7th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Wednesday, October 7th. Comcast’s payout ratio is presently 42.72%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $31.00 target price on shares of Comcast in a research note on Friday, July 24th. Freedom Capital upgraded Comcast to a “hold” rating in a report on Friday, June 12th. Wells Fargo & Company set a $23.00 price objective on Comcast and gave the stock an “underweight” rating in a research report on Friday, July 24th. Evercore increased their price objective on Comcast from $35.00 to $36.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Moffett Nathanson dropped their target price on Comcast from $53.00 to $52.00 and set a “buy” rating on the stock in a research report on Tuesday, June 16th. Eleven equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $32.96.

View Our Latest Report on Comcast

Hedge Funds Weigh In On Comcast

A number of large investors have recently modified their holdings of CMCSA. Norges Bank acquired a new stake in Comcast during the fourth quarter worth about $2,498,626,000. Capital World Investors increased its stake in Comcast by 20.8% in the fourth quarter. Capital World Investors now owns 140,343,399 shares of the cable giant’s stock valued at $4,194,929,000 after acquiring an additional 24,166,881 shares during the last quarter. Capital Research Global Investors lifted its stake in Comcast by 65.1% during the fourth quarter. Capital Research Global Investors now owns 55,664,933 shares of the cable giant’s stock worth $1,663,825,000 after purchasing an additional 21,958,603 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Comcast by 824.4% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,616,490 shares of the cable giant’s stock valued at $333,509,000 after purchasing an additional 10,359,800 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of Comcast by 4.6% during the 3rd quarter. State Street Corp now owns 180,687,135 shares of the cable giant’s stock worth $5,677,190,000 after buying an additional 7,917,335 shares in the last quarter. 84.32% of the stock is currently owned by institutional investors and hedge funds.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

Comcast Company Profile

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Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.

Further Reading

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