Comcast Shares Sold by Fayez Sarofim & Co

Investment firm reduces stake in cable giant by 7.2% in Q3

Mar. 16, 2026 at 11:07am

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Fayez Sarofim & Co, a major investment firm, reduced its stake in Comcast Corporation (NASDAQ:CMCSA) by 7.2% in the third quarter of 2025, according to a recent SEC filing. The firm now owns 1,238,919 shares of the cable company's stock, worth approximately $38.9 million.

Why it matters

Comcast is one of the largest media and telecommunications companies in the United States, providing cable TV, internet, and phone services to millions of customers. Changes in ownership by major institutional investors can signal shifts in market sentiment and future performance expectations for the company.

The details

According to the SEC filing, Fayez Sarofim & Co sold 96,164 shares of Comcast stock during the third quarter. The firm now holds a 1.2% stake in the company, down from 1.3% previously. Comcast's stock price has fluctuated in recent quarters amid broader market volatility and concerns about the company's ability to retain customers in the face of competition from streaming services.

  • Fayez Sarofim & Co reduced its Comcast stake in Q3 2025.

The players

Fayez Sarofim & Co

A major investment management firm that has been a long-time investor in Comcast.

Comcast Corporation

A diversified global media and technology company that provides cable TV, internet, and phone services in the United States.

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The takeaway

The reduction in Fayez Sarofim & Co's Comcast stake could signal broader investor uncertainty about the company's ability to maintain its market position as the media landscape continues to evolve with the rise of streaming services.