Form 4: Cable One Director and 10% Owner Increases Stake with Significant Stock Purchase
Insider Transaction Report
Wallace R. Weitz, a Director and 10% Owner of Cable One, Inc. (CABO), has acquired 7,000 shares of the company's common stock in open market transactions.
Summary
- Wallace R. Weitz, identified as both a Director and a 10% Owner of Cable One, Inc. (CABO), executed two separate purchases of common stock on June 13, 2025.
- The first transaction involved the acquisition of 5,188 shares of common stock at a weighted average price of $132.08 per share, with individual purchase prices ranging from $131.92 to $132.48.
- The second transaction saw the acquisition of an additional 1,812 shares of common stock at a weighted average price of $133.82 per share, with individual purchase prices ranging from $133.73 to $133.82.
- In total, Mr. Weitz acquired 7,000 shares of Cable One, Inc. common stock through these transactions.
- Following these reported acquisitions, Wallace R. Weitz beneficially owns a total of 17,140 shares of Cable One, Inc. common stock.
Sentiment
Score: 7
Explanation: The acquisition of additional shares by a director and significant owner indicates strong confidence in the company's prospects and valuation, which is generally viewed as a positive signal for the market.
Positives
- A significant insider, Wallace R. Weitz, who serves as both a Director and a 10% Owner, has increased his direct ownership in Cable One, Inc. by acquiring 7,000 shares.
- Insider buying, especially from a director and major shareholder, typically signals strong confidence in the company's current valuation and future prospects, which can be a positive indicator for other investors.
Future Outlook
Not applicable. This Form 4 filing reports completed insider transactions and does not provide forward-looking statements or guidance.
Industry Context
Not applicable. This Form 4 filing details an insider stock transaction and does not provide broader industry context or trends.
Related Party Transactions
- Wallace R. Weitz, a Director and 10% Owner of Cable One, Inc., acquired shares of the company's common stock. This transaction is considered a related party transaction due to his insider status.
Stakeholder Impact
- Shareholders: The insider buying by a director and significant owner can be interpreted as a positive signal, potentially increasing investor confidence and interest in the stock.
- Employees, Customers, Suppliers, Creditors: This specific filing detailing an insider stock purchase has no direct or immediate impact on these stakeholder groups.
Key Dates
| Date | Description |
|---|---|
| 06/13/2025 | Date of common stock acquisition transactions by Wallace R. Weitz. |
Recommendation
buyKeywords
Cable One, CABO, Wallace R. Weitz, insider trading, stock purchase, director, 10% owner, common stock, SEC Form 4, beneficial ownership
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