Omaha Corp Boston Sells 4,405 Shares of Boston Omaha Co. (NYSE:BOC) Stock

Boston Omaha Co. (NYSE:BOCGet Free Report) major shareholder Omaha Corp Boston sold 4,405 shares of the business’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $11.03, for a total value of $48,587.15. Following the transaction, the insider now owns 10,721,170 shares in the company, valued at approximately $118,254,505.10. This represents a 0.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Omaha Corp Boston also recently made the following trade(s):

  • On Wednesday, January 29th, Omaha Corp Boston sold 9,907 shares of Boston Omaha stock. The stock was sold at an average price of $11.25, for a total value of $111,453.75.
  • On Monday, January 27th, Omaha Corp Boston sold 13,317 shares of Boston Omaha stock. The shares were sold at an average price of $11.19, for a total value of $149,017.23.
  • On Thursday, January 23rd, Omaha Corp Boston sold 16,470 shares of Boston Omaha stock. The shares were sold at an average price of $11.38, for a total transaction of $187,428.60.
  • On Tuesday, January 21st, Omaha Corp Boston sold 12,901 shares of Boston Omaha stock. The stock was sold at an average price of $11.35, for a total transaction of $146,426.35.
  • On Friday, January 17th, Omaha Corp Boston sold 7,861 shares of Boston Omaha stock. The shares were sold at an average price of $11.36, for a total transaction of $89,300.96.
  • On Wednesday, January 15th, Omaha Corp Boston sold 8,857 shares of Boston Omaha stock. The shares were sold at an average price of $11.18, for a total value of $99,021.26.
  • On Monday, January 6th, Omaha Corp Boston sold 10,029 shares of Boston Omaha stock. The stock was sold at an average price of $11.65, for a total value of $116,837.85.
  • On Thursday, January 2nd, Omaha Corp Boston sold 140 shares of Boston Omaha stock. The shares were sold at an average price of $12.02, for a total value of $1,682.80.
  • On Monday, December 30th, Omaha Corp Boston sold 9,077 shares of Boston Omaha stock. The stock was sold at an average price of $12.06, for a total value of $109,468.62.
  • On Friday, December 27th, Omaha Corp Boston sold 15,904 shares of Boston Omaha stock. The stock was sold at an average price of $12.21, for a total transaction of $194,187.84.

Boston Omaha Trading Down 1.2 %

Shares of NYSE BOC opened at $14.55 on Friday. Boston Omaha Co. has a 1 year low of $12.41 and a 1 year high of $16.99. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.09 and a quick ratio of 2.09. The firm has a 50-day moving average of $14.56 and a 200 day moving average of $14.49. The stock has a market cap of $456.43 million, a P/E ratio of -44.09 and a beta of 0.82.

Boston Omaha (NYSE:BOCGet Free Report) last released its earnings results on Tuesday, November 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The business had revenue of $27.70 million for the quarter, compared to analysts’ expectations of $27.20 million. Boston Omaha had a negative net margin of 9.73% and a negative return on equity of 1.76%.

Institutional Investors Weigh In On Boston Omaha

Several hedge funds have recently added to or reduced their stakes in the stock. Rhumbline Advisers raised its position in shares of Boston Omaha by 4.4% in the 4th quarter. Rhumbline Advisers now owns 39,528 shares of the company’s stock worth $560,000 after purchasing an additional 1,666 shares during the last quarter. SG Americas Securities LLC increased its stake in Boston Omaha by 20.4% during the 4th quarter. SG Americas Securities LLC now owns 10,833 shares of the company’s stock valued at $154,000 after purchasing an additional 1,837 shares in the last quarter. Fenimore Asset Management Inc raised its holdings in Boston Omaha by 0.3% in the fourth quarter. Fenimore Asset Management Inc now owns 938,162 shares of the company’s stock worth $13,303,000 after buying an additional 2,455 shares during the last quarter. Flagstone Financial Management lifted its stake in shares of Boston Omaha by 35.4% in the fourth quarter. Flagstone Financial Management now owns 14,396 shares of the company’s stock worth $204,000 after buying an additional 3,760 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Boston Omaha by 20.2% during the second quarter. American Century Companies Inc. now owns 27,327 shares of the company’s stock valued at $368,000 after buying an additional 4,599 shares during the last quarter. 60.36% of the stock is owned by institutional investors.

About Boston Omaha

(Get Free Report)

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. The company was formerly known as REO Plus, Inc and changed its name to Boston Omaha Corporation in March 2015.

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Insider Buying and Selling by Quarter for Boston Omaha (NYSE:BOC)

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