Ledyard National Bank Reduces Comcast Holdings

The institutional investor sold over 72,000 shares of the cable giant in Q4 2025.

Apr. 9, 2026 at 10:53am

Got story updates? Submit your updates here. ›

A high-contrast, close-up image of the inner workings of a large industrial cable spool or telecommunications equipment, conveying the tangible, physical nature of the cable and telecommunications industry's infrastructure.The complex, behind-the-scenes infrastructure of the cable and telecommunications industry faces disruption as consumer habits shift towards streaming services.Philadelphia Today

Ledyard National Bank, an institutional investor, reduced its holdings in Comcast Corporation (NASDAQ:CMCSA) by 66.2% in the fourth quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The bank now owns 37,275 shares of the cable company's stock, down from 110,238 shares previously.

Why it matters

Ledyard National Bank's decision to significantly trim its Comcast position reflects broader trends in the media and telecommunications industry, as investors weigh the long-term outlook for traditional cable providers amid the rise of streaming services and changing consumer habits.

The details

According to the 13F filing, Ledyard National Bank sold 72,963 shares of Comcast stock during the fourth quarter. The bank's remaining 37,275 shares were valued at $1,114,000 as of the end of 2025. Comcast, the parent company of NBCUniversal and Xfinity, has faced increasing competition from streaming platforms and cord-cutting, which has impacted its stock performance in recent years.

  • Ledyard National Bank filed its 13F report for the fourth quarter of 2025 on April 9, 2026.
  • The bank reduced its Comcast holdings during the three-month period ending December 31, 2025.

The players

Ledyard National Bank

An institutional investor that manages a portfolio of stocks and other securities.

Comcast Corporation

A diversified global media and technology company that operates the Xfinity cable and internet service, as well as NBCUniversal's portfolio of broadcast and cable networks, film studios, and the Peacock streaming service.

Got photos? Submit your photos here. ›

The takeaway

Ledyard National Bank's decision to significantly reduce its Comcast holdings reflects the broader challenges facing traditional cable providers as consumers increasingly shift towards streaming services. This move highlights the evolving dynamics in the media and telecommunications industry and the need for companies like Comcast to adapt to changing consumer preferences.