Comcast Corporation $CMCSA Shares Sold by Arizona State Retirement System

Market Beat
2026.04.24 07:11
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Arizona State Retirement System reduced its stake in Comcast Corporation (NASDAQ:CMCSA) by 4.6% in Q4, owning 1,037,999 shares valued at $31 million after selling 49,613 shares. Other institutional investors also adjusted their positions, with Geneos Wealth Management increasing its stake by 22.2%. Comcast's recent performance includes a Q1 revenue of $31.46B and adjusted EPS of $0.79, exceeding estimates. However, EPS declined from $1.09 to $0.79 year-over-year, and the stock has seen a 10% drop over the past year. Analysts have mixed ratings on the stock, with a consensus rating of Hold.