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Insider Trends: 90-Days of Insider Buying at Comcast Interrupted with Share Sale

05/11/2021 12:21

04:12 PM EDT, 05/11/2021 (MT Newswires) -- Kenneth J Bacon, Director, sold 3,966 shares of Comcast (CMCSA) on May 10, 2021, for $233,329. Bacon, following the transactions disclosed in the Form 4 SEC filing, has 33,611 shares of the company, which have a market value of $1.93 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 50 insider transactions reported to the SEC for Comcast. These transactions came from the activities of 14 individual insiders that resulted in a net acquisition of 811,124 company shares. This compares with the preceding 90-day window of time where there were 28 transactions from 11 insiders which resulted in the net acquisition of 46,542 shares.

This level of insider transactions is less than the peer group average in the 36-company Broadcasting peer group over the last 90-day period. Activity in the peer group averaged 117.9 transactions per company, with company insiders acquiring on average 390,956 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1166691/000122520821007941/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.