Graham Trusts Complete Exit: Cable One Insider Sells Below 5% as Stock Craters
CABO is trading near its 52-week low of $6.01 (6.5% above the low) on elevated volume (1.8× avg).
Summary
Graham-affiliated trusts sold down to 4.99% of Cable One, exiting the 5% holder ranks after a week of open-market sales that tracked the stock's fall from ~$12 to ~$6.
Key Events · Ownership and Investor Activity · CABO
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Graham Exits 5% Holder Status
Donald E. Graham and related trusts now hold 282,882 shares, or 4.99% of the 5,673,925 shares outstanding as of July 31, 2026; the filing is an exit filing.
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Sales Priced Into a Collapse
October 13 sales cleared at $11.72-$13.02 per share; by October 19 tranches were selling at $6.07-$6.63, showing sustained selling as the price halved.
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Multi-Day Open-Market Liquidation
Trusts sold every session from October 13 through October 19, including 11,683 shares from the (c) trust daily and 9,600 from the (e) trust daily.
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Context: Distress and Litigation
The selling follows a $1.16B Q2 net loss, a stalled debt exchange, and a federal court order temporarily blocking the $480M Mega Broadband purchase.
Analysis · CABO · Technology
Donald E. Graham and affiliated trusts sold roughly 200,000 shares over five sessions (October 13-19), cutting the stake to 4.99% and triggering an exit filing. The signal is the price path: sales started around $11.72-$13.02 and finished at $6.07-$6.63, meaning the seller kept dumping into a collapsing market rather than pausing. That is a large, persistent supply overhang hitting a company already reeling from a $1.16B quarterly loss, a stalled debt exchange, and a court order blocking its $480M MBI purchase. A major long-standing holder liquidating into that backdrop reinforces the negative read on the equity.
How filings like this one have moved
In the 30 days to Oct 20, 2026, 37.4% of the 952 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.87%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CABO was trading at $6.40 on NYSE in the Technology sector, with a market capitalization of approximately $35.3M. The 52-week trading range was $6.01 to $168.55. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.