Omaha Corp Boston Sells 45,440 Shares of Boston Omaha Co. (NYSE:BOC) Stock

Boston Omaha Co. (NYSE:BOC) major shareholder Omaha Corp Boston sold 45,440 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $12.56, for a total value of $570,726.40. Following the transaction, the insider now directly owns 9,450,982 shares in the company, valued at approximately $118,704,333.92. The trade was a 0.48 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, March 31st, Omaha Corp Boston sold 30,197 shares of Boston Omaha stock. The stock was sold at an average price of $13.29, for a total transaction of $401,318.13.
• On Thursday, February 13th, Omaha Corp Boston sold 7,035 shares of Boston Omaha stock. The shares were sold at an average price of $11.07, for a total transaction of $77,877.45.
• On Tuesday, February 11th, Omaha Corp Boston sold 7,806 shares of Boston Omaha stock. The stock was sold at an average price of $11.36, for a total transaction of $88,676.16.
• On Friday, January 31st, Omaha Corp Boston sold 4,405 shares of Boston Omaha stock. The stock was sold at an average price of $11.03, for a total transaction of $48,587.15.
• On Wednesday, January 29th, Omaha Corp Boston sold 9,907 shares of Boston Omaha stock. The shares were 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 stock was 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 value of $187,428.60.
• On Tuesday, January 21st, Omaha Corp Boston sold 12,901 shares of Boston Omaha stock. The shares were 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 stock was 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 stock was sold at an average price of $11.18, for a total transaction of $99,021.26.

Boston Omaha Stock Down 2.1 %

Boston Omaha stock opened at $14.19 on Friday. The stock has a market cap of $445.04 million, a PE ratio of -42.98 and a beta of 0.84. 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 stock’s fifty day moving average is $14.47 and its two-hundred day moving average is $14.64. Boston Omaha Co. has a 1-year low of $12.41 and a 1-year high of $16.29.

Boston Omaha (NYSE:BOC) last issued its earnings results on Friday, March 28th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.19. The business had revenue of $27.93 million for the quarter, compared to analyst estimates of $28.00 million. Boston Omaha had a negative return on equity of 1.76% and a negative net margin of 9.73%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BOC. Quantbot Technologies LP purchased a new stake in Boston Omaha in the fourth quarter valued at $31,000. KLP Kapitalforvaltning AS purchased a new stake in shares of Boston Omaha in the 4th quarter valued at about $79,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of Boston Omaha in the 4th quarter valued at about $146,000. SG Americas Securities LLC boosted its position in shares of Boston Omaha by 20.4% in 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 during the period. Finally, Intech Investment Management LLC purchased a new position in Boston Omaha during the 4th quarter worth approximately $192,000. Institutional investors and hedge funds own 60.36% of the company’s stock.

About Boston Omaha

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.