Comcast (CMCSA) Stock

In this podcast, analyst Bill Barker from Motley Fool and host Ricky Mulvey talk about:

Brian Roberts, the chairman and CEO of Comcast, recently sold $20.4 million in stock from the media company. He sold around 469.5 million Class A common shares on Tuesday, as reported in a filing with the SEC.

Summary of the Agreement

Universal's "Wicked" is projected to earn $114 million in its opening weekend in the U.S., making it the biggest debut for a Broadway adaptation in film history, based on Sunday estimates. Meanwhile, Paramount's "Gladiator II" is anticipated to bring in $55.5 million in domestic ticket sales, according to the same estimates.

"Wicked," the first of two films inspired by a popular Broadway musical, debuted in theaters and is expected to earn around $114 million in ticket sales in the U.S. and Canada, according to Universal Pictures on Sunday.

Wall Street is looking forward to some important business deals.

Goldman Sachs analyst Michael Ng has kept a Buy rating for Comcast Corp CMCSA, setting a price target of $50.

Comcast was expected to rely on a strong broadband business, but that is also facing difficulties.

Following some challenging events caused by Covid and not-so-great host cities, the Olympics thrived last summer in Paris, achieving higher viewership and breaking advertising records.