DAVENPORT 13F: Exits Cable One (CABO) Stake

Davenport completely exited its position in Cable One, Inc. (NYSE:CABO), selling all 296,988 shares it held in the telecom company. The move was disclosed in a Form 13F filing with the SEC on October 14, 2026. Because 13F filings look backward at holdings from the end of the reported quarter, this filing reflects past positioning and may not show the firm's current holdings.

Inside Davenport's Cable One Trade

Davenport sold its entire stake of 296,988 shares, resulting in zero remaining shares in Cable One. The complete liquidation closed out a position that had previously stood at 296,988 shares. This institutional report covers portfolio adjustments made during the quarter, though the exact timing of individual trades within that period is not detailed in the filing.

Other Institutional Activity in Cable One

Other major investors made mixed adjustments to their Cable One holdings during the period. Shaw D.E. & Co., Inc. grew its holdings by 85,142 shares, ending with 477,500 shares worth about $3,452,325. Private Management Group, Inc. grew its holdings by 167,598 shares, ending with 471,990 shares worth about $3,412,487. Blackrock Inc. reduced its holdings by 272,928 shares, ending with 444,925 shares worth about $3,216,807. Bank of Montreal /CAN/ reduced its holdings by 4,813 shares, ending with 436,747 shares worth about $3,157,680. Rothschild & Co Wealth Management Uk Ltd reduced its holdings by 3,501 shares, ending with 276,585 shares worth about $1,999,709.

Cable One, Inc. Stock Down 11.3%

Cable One shares recently traded around $7.51 as of October 16, 2026. The stock sits below its 50-day moving average of $21.34 and well below its 52-week high of $168.55. The company carries a market capitalization of roughly $41.0 million.

Recent Earnings

Cable One reported trailing-twelve-month revenue of $1,441,633,024 alongside a negative basic earnings per share of $185.12. The company posted a net profit margin of -72.8% and a return on equity of -126.2%. Revenue declined 8.4% year-over-year. The company's next earnings report is scheduled for November 9, 2026.

Insider Buying and Selling at Cable One, Inc.

Company insiders made several transactions prior to the filing. On June 12, 2025, officer Margaret Masoner Detz bought 300 shares at an average price of $132.28 for a total value of $39,684. On June 13, 2025, director Wallace R. Weitz bought 7,000 shares valued at $927,713. On June 16, 2025, director Katharine B Weymouth bought 150 shares at $130.88 for $19,632. Later, on March 3, 2026, chief financial officer Todd M Koetje bought 998 shares at $100.16 for a total of $99,960.

Analysts Set New Price Targets

Analyst firms adjusted their views on the stock ahead of the filing. On July 14, 2026, BNP Paribas upgraded the stock to a Neutral rating with a $40.00 price target, lowering it from a previous target of $60.00. On August 7, 2026, TD Cowen maintained its Hold rating while lowering its price target from $111.00 to $86.00. On September 29, 2026, BNP Paribas maintained its Neutral rating and lowered its target further from $40.00 to $13.00. The stock carries a consensus hold rating from four analysts, with a mean price target of $44.25.

About Cable One, Inc.

Cable One, Inc. provides data, video, and voice services to residential and business customers across several states. The company offers broadband internet, home Wi-Fi enhancement tools, security software, and digital television packages. Institutional shifts in companies like Cable One often highlight changing sentiment among large asset managers as the business navigates its operational turnaround.

Bottom Line

Investors will look toward Cable One's upcoming earnings release on November 9, 2026, for fresh details on financial performance. Because 13F filings are historical snapshots, portfolio managers may have altered their positions further since the reporting period ended. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.