Cable One, Inc. (NYSE:CABO) insider Thomas O. Might sold 6,288 shares of Cable One stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $681.20, for a total transaction of $4,283,385.60. Following the completion of the sale, the insider now directly owns 37,702 shares in the company, valued at approximately $25,682,602.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Cable One, Inc. (NYSE CABO) opened at $695.18 on Thursday. The firm has a market cap of $3,908.07, a PE ratio of 33.31, a PEG ratio of 10.27 and a beta of 0.19. The company has a debt-to-equity ratio of 2.21, a current ratio of 1.34 and a quick ratio of 1.34. Cable One, Inc. has a 12 month low of $564.26 and a 12 month high of $788.00.

Cable One (NYSE:CABO) last posted its earnings results on Wednesday, November 8th. The company reported $5.48 earnings per share for the quarter, topping the consensus estimate of $5.20 by $0.28. The firm had revenue of $253.85 million during the quarter, compared to the consensus estimate of $255.68 million. Cable One had a net margin of 12.95% and a return on equity of 23.97%. The company’s revenue was up 23.5% on a year-over-year basis. During the same quarter last year, the company earned $3.63 earnings per share. equities research analysts expect that Cable One, Inc. will post 22.14 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Tuesday, November 21st were paid a $1.75 dividend. The ex-dividend date was Monday, November 20th. This represents a $7.00 annualized dividend and a dividend yield of 1.01%. Cable One’s payout ratio is 34.18%.

CABO has been the topic of several research reports. BidaskClub raised shares of Cable One from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 23rd. Zacks Investment Research upgraded shares of Cable One from a “hold” rating to a “strong-buy” rating and set a $787.00 target price for the company in a research note on Monday, November 13th. J P Morgan Chase & Co downgraded shares of Cable One from a “neutral” rating to an “underweight” rating in a research note on Monday, November 13th. Wells Fargo & Company reiterated a “market perform” rating and issued a $700.00 target price (down previously from $761.00) on shares of Cable One in a research note on Monday, November 13th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $815.00 target price on shares of Cable One in a research note on Friday, November 10th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Cable One has an average rating of “Hold” and a consensus price target of $705.00.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Blair William & Co. IL grew its stake in Cable One by 0.3% during the second quarter. Blair William & Co. IL now owns 1,036 shares of the company’s stock valued at $736,000 after acquiring an additional 3 shares in the last quarter. Sei Investments Co. grew its stake in Cable One by 3.1% during the second quarter. Sei Investments Co. now owns 638 shares of the company’s stock valued at $453,000 after acquiring an additional 19 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Cable One by 3.7% during the second quarter. Janney Montgomery Scott LLC now owns 594 shares of the company’s stock valued at $422,000 after acquiring an additional 21 shares in the last quarter. Victory Capital Management Inc. grew its stake in Cable One by 28.3% during the second quarter. Victory Capital Management Inc. now owns 163 shares of the company’s stock valued at $116,000 after acquiring an additional 36 shares in the last quarter. Finally, Mutual of America Capital Management LLC grew its stake in Cable One by 1.0% during the second quarter. Mutual of America Capital Management LLC now owns 3,757 shares of the company’s stock valued at $2,671,000 after acquiring an additional 37 shares in the last quarter. Hedge funds and other institutional investors own 73.10% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Thomas O. Might Sells 6,288 Shares of Cable One, Inc. (CABO) Stock” was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another site, it was copied illegally and reposted in violation of United States & international trademark and copyright law. The correct version of this article can be read at https://www.watchlistnews.com/thomas-o-might-sells-6288-shares-of-cable-one-inc-cabo-stock/1775586.html.

About Cable One

Cable One, Inc is a provider of data, video and voice services. The Company offers products, including Residential Video Services, Residential Data Services, Residential Voice Services, Business Services and Advertising. As of May 1, 2017, the Company provided data, video and voice services in 21 Western, Midwestern and Southern states.

Insider Buying and Selling by Quarter for Cable One (NYSE:CABO)

Receive News & Ratings for Cable One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cable One and related companies with MarketBeat.com's FREE daily email newsletter.