BlackRock Updates Passive Stake in Cable One (Amendment No. 10)
Ticker: CABO · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 1632127
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock just updated its passive stake in Cable One, signaling its latest institutional view.**
AI Summary
BlackRock, Inc. filed an amended Schedule 13G/A on January 25, 2024, indicating its ownership of Cable One, Inc. common stock as of December 31, 2023. This filing, Amendment No. 10, updates BlackRock's previous disclosures regarding its passive investment in the cable and pay television services company. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal its confidence (or lack thereof) in Cable One's future prospects.
Why It Matters
This filing shows BlackRock's updated position in Cable One, Inc., providing transparency into a significant institutional investor's holdings and potentially influencing market sentiment.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate or significant risk to the company or its stock.
Analyst Insight
Investors should note BlackRock's continued presence as a passive holder in Cable One, Inc. and monitor future filings for any significant changes in their ownership percentage, which could signal a shift in their investment thesis.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person filing the SC 13G/A
- Cable One, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 10 (number) — the specific amendment number of this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 10)' sections.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as explicitly stated under '(1)Names of reporting persons. BlackRock, Inc.'.
What is the name of the issuer whose securities are being reported?
The issuer is Cable One, Inc., identified as 'CABLE ONE INC (Name of Issuer)' in the filing.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event requiring this filing was December 31, 2023, as specified in the filing under 'Date of Event Which Requires Filing of this Statement'.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of Cable One, Inc. is 12685J105, as listed under 'CUSIP No. 12685J105'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding Cable One, Inc. (CABO).