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Comcast Corporation $CMCSA Shares Sold by Palumbo Wealth Management LLC
Palumbo Wealth Management LLC reduced its stake in Comcast Corporation (NASDAQ:CMCSA) by 58.4% in the third quarter, now holding 28,611 shares valued at $899,000. Other institutional investors also adjusted their holdings, with some increasing and others decreasing their positions. Comcast (CMCSA) reported strong financial performance, beating earnings estimates and announcing a quarterly dividend, while facing mixed analyst ratings and an insider share sale by CEO Michael J. Cavanagh.