4,200 Shares in Cable One, Inc. (NYSE:CABO) Purchased by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. purchased a new position in Cable One, Inc. (NYSE:CABO - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,200 shares of the company's stock, valued at approximately $1,116,000. Hussman Strategic Advisors Inc. owned 0.07% of Cable One at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. AlphaQuest LLC acquired a new position in shares of Cable One during the 4th quarter valued at about $49,000. Farther Finance Advisors LLC grew its position in shares of Cable One by 1,435.7% during the first quarter. Farther Finance Advisors LLC now owns 215 shares of the company's stock worth $58,000 after buying an additional 201 shares in the last quarter. Federated Hermes Inc. grew its position in shares of Cable One by 201.8% during the fourth quarter. Federated Hermes Inc. now owns 166 shares of the company's stock worth $60,000 after buying an additional 111 shares in the last quarter. Spire Wealth Management boosted its holdings in Cable One by 21.3% in the first quarter. Spire Wealth Management now owns 382 shares of the company's stock valued at $102,000 after purchasing an additional 67 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in Cable One by 18.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 418 shares of the company's stock valued at $151,000 after purchasing an additional 65 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. BNP Paribas raised Cable One from a "strong sell" rating to a "hold" rating in a report on Monday, June 16th. BNP Paribas Exane upgraded Cable One from an "underperform" rating to a "neutral" rating and set a $125.00 price target for the company in a report on Monday, June 16th. Raymond James Financial cut Cable One from an "outperform" rating to a "market perform" rating in a report on Friday, May 2nd. JPMorgan Chase & Co. decreased their target price on Cable One from $325.00 to $222.00 and set a "neutral" rating for the company in a report on Tuesday, May 6th. Finally, KeyCorp restated a "sector weight" rating on shares of Cable One in a report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $309.25.

Cable One Stock Performance

NYSE CABO traded up $4.88 during trading on Friday, hitting $128.73. The company's stock had a trading volume of 340,344 shares, compared to its average volume of 141,036. Cable One, Inc. has a 52 week low of $117.54 and a 52 week high of $437.00. The firm has a market cap of $724.75 million, a P/E ratio of -51.29 and a beta of 0.81. The firm has a 50 day moving average price of $139.47 and a 200 day moving average price of $229.30. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 1.66.

Cable One (NYSE:CABO - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported $12.32 EPS for the quarter, beating the consensus estimate of $12.21 by $0.11. The business had revenue of $380.60 million for the quarter, compared to analyst estimates of $386.61 million. Cable One had a positive return on equity of 9.38% and a negative net margin of 0.69%. Equities research analysts forecast that Cable One, Inc. will post 32.08 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Wallace R. Weitz bought 7,000 shares of the company's stock in a transaction dated Friday, June 13th. The stock was bought at an average price of $132.53 per share, for a total transaction of $927,710.00. Following the completion of the transaction, the director directly owned 17,140 shares in the company, valued at $2,271,564.20. The trade was a 69.03% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Mary E. Meduski bought 250 shares of the company's stock in a transaction dated Wednesday, June 11th. The shares were purchased at an average price of $148.00 per share, with a total value of $37,000.00. Following the transaction, the director owned 3,599 shares of the company's stock, valued at $532,652. The trade was a 7.46% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders acquired 7,400 shares of company stock worth $984,342. Insiders own 0.90% of the company's stock.

About Cable One

Cable One, Inc, together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home. It also provides various residential video services from basic video service to digital services with access to hundreds of channels; and provides a cloud-based DVR feature that does not require the use of a set-top boxes.