Prime Buys by Administrators: Weitz’s $982K Wager on CABO | International Market Information
The administrators of a company are inclined to have a distinctive inside view into the business, so when administrators make main buys, buyers are smart to take discover. Presumably the one motive a director of a company would select to take their hard-earned money and use it to buy stock within the open market, is that they count on to make money — possibly they discover the stock very undervalued, or possibly they see thrilling progress within the company, or possibly each. So on this sequence we have a look at the most important insider buys by company administrators over the trailing six month period, one of which was a whole of $982K by Wallace R. Weitz, Director at Cable One Inc (Image: CABO).
Bought
Insider
Title
Shares
Value/Share
Worth
03/05/2025
Wallace R. Weitz
Director
4,000
$245.50
$982,020.00
Weitz’s average price works out to $245.50/share. Shares of Cable One Inc had been altering fingers at $264.78 eventually examine, trading up about 4.1% on Thursday. The chart under reveals the one 12 months efficiency of CABO shares, versus its 200 day transferring average:
Trying on the chart above, CABO’s low level in its 52 week vary is $239.29 per share, with $470.87 because the 52 week high level — that compares with a final trade of $264.78.
The present annualized dividend paid by Cable One Inc is $11.8/share, presently paid in quarterly installments, and its most up-to-date dividend ex-date was on 02/18/2025. Beneath is a long-term dividend historical past chart for CABO, which could be of good help in judging whether or not the latest dividend with approx. 4.7% annualized yield is more likely to proceed.
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
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