Comcast Corp. ( CMCSA ) edged up 0.49% in the pre-market session to $28.71 on Thursday.
According to Benzinga Pro data, CMCSA closed regular session at $28.57, down 5.02%.
On Wednesday, Chief Communications Officer Jennifer Khoury exercised 10,867 options at $28.38, totaling $308,405. She then surrendered 10,514 shares at $30.08, totaling $316,261, to cover tax obligations.
Now her net holdings in the media and technology company stand at 60,538 shares.
According to a separate SEC filing, Director Edward Breen received 30,000 Class A shares on Tuesday through a Grantor Retained Annuity Trust (GRAT) at $0.00, bringing his direct holdings to 55,825 shares.
On Tuesday, Comcast ( CMCSA ) announced a field trial to run AI workloads at the edge of its network using NVIDIA ( NVDA ) GPUs in regional facilities closer to customers, reaching 65 million homes and businesses.
The initiative will focus on hyper-personalized advertising, an AI concierge for small businesses, and ultra-low-latency gaming.
Elad Nafshi, Chief Network Officer of Comcast ( CMCSA ), said, “By bringing NVIDIA GPUs directly into our edge cloud, we can explore what becomes possible when AI inference happens only milliseconds from end users.”
Comcast ( CMCSA ) has a market capitalization of $102.79 billion, with a 52-week high of $35.33 and a 52-week low of $24.12.
Its stock has a Relative Strength Index (RSI) of 31.65.
CMCSA has dropped 15.50% over the past 12 months.
Currently, the stock is trading at about 60.3% below its 52-week high.
With a Growth score of 85.39, Benzinga's Edge Stock Rankings indicate CMCSA has a negative price trend across all time frames.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.