Boston Omaha Co. (NYSE:BOC) Major Shareholder Omaha Corp Boston Sells 7,861 Shares of Stock

Boston Omaha Co. (NYSE:BOCGet Free Report) major shareholder Omaha Corp Boston sold 7,861 shares of Boston Omaha stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $11.36, for a total value of $89,300.96. Following the sale, the insider now directly owns 10,820,950 shares in the company, valued at $122,925,992. The trade was a 0.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

  • 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 value of $99,021.26.
  • On Monday, January 6th, Omaha Corp Boston sold 10,029 shares of Boston Omaha stock. The shares were sold at an average price of $11.65, for a total transaction of $116,837.85.
  • On Thursday, January 2nd, Omaha Corp Boston sold 140 shares of Boston Omaha stock. The stock was sold at an average price of $12.02, for a total transaction 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 shares were sold at an average price of $12.21, for a total value of $194,187.84.

Boston Omaha Trading Up 0.9 %

Shares of NYSE BOC opened at $14.78 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 50-day moving average of $14.61 and a two-hundred day moving average of $14.37. The company has a market cap of $463.68 million, a PE ratio of -44.79 and a beta of 0.82. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.06.

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

Institutional Trading of Boston Omaha

A number of institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC acquired a new position in shares of Boston Omaha in the 3rd quarter valued at $134,000. The Manufacturers Life Insurance Company bought a new stake in Boston Omaha in the second quarter valued at about $139,000. Susquehanna Fundamental Investments LLC bought a new stake in Boston Omaha in the second quarter valued at about $141,000. BNP Paribas Financial Markets lifted its stake in Boston Omaha by 61.0% in the third quarter. BNP Paribas Financial Markets now owns 13,474 shares of the company’s stock valued at $200,000 after buying an additional 5,107 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in Boston Omaha by 4.5% during the second quarter. Commonwealth Equity Services LLC now owns 21,449 shares of the company’s stock worth $289,000 after buying an additional 925 shares during the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

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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