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Sequoia Financial Advisors LLC Purchases 104,483 Shares of Comcast Corporation $CMCSA
Sequoia Financial Advisors LLC significantly increased its stake in Comcast Corporation by 23.9% during the fourth quarter, purchasing an additional 104,483 shares to hold a total of 542,082 shares valued at approximately $16.2 million. This move comes as Comcast exceeded Q1 earnings expectations, reporting an EPS of $0.79 against an anticipated $0.73, and revenue of $31.46 billion. The consensus analyst rating for Comcast remains a “Hold” with an average price target of $34.94.