Davenport & Co LLC Reduces Stake in Cable One, Inc. Below 5% Threshold

Davenport & Co LLC filed a Schedule 13G/A on September 4, 2026, disclosing a significant reduction in its position in Cable One, Inc. (CABO). As of the event date on August 31, 2026, the firm reported owning 214,457 shares of common stock, representing a 3.78% ownership stake. This is a notable decrease from its previous holding of 286,488 shares, which accounted for a 5.05% stake in the company. By falling below the 5% threshold, Davenport & Co LLC is no longer considered a substantial shareholder. The filing indicates that Davenport & Co LLC maintains sole voting power over 214,447 shares and sole dispositive power over all 214,457 shares. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This amendment (Amendment No. 1) reflects a shift in the investment firm's strategy regarding its allocation in the telecommunications provider.