Insider Selling: Boston Omaha Co. (NYSE:BOC) Major Shareholder Sells 16,828 Shares of Stock

Boston Omaha Co. (NYSE:BOCGet Free Report) major shareholder Omaha Corp Boston sold 16,828 shares of the firm’s stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $11.69, for a total value of $196,719.32. Following the completion of the transaction, the insider now owns 9,305,977 shares of the company’s stock, valued at approximately $108,786,871.13. The trade was a 0.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Friday, April 11th, Omaha Corp Boston sold 12,768 shares of Boston Omaha stock. The shares were sold at an average price of $11.39, for a total value of $145,427.52.
  • On Wednesday, April 9th, Omaha Corp Boston sold 78,522 shares of Boston Omaha stock. The stock was sold at an average price of $11.06, for a total transaction of $868,453.32.
  • On Monday, April 7th, Omaha Corp Boston sold 12,438 shares of Boston Omaha stock. The stock was sold at an average price of $11.74, for a total transaction of $146,022.12.
  • On Wednesday, April 2nd, Omaha Corp Boston sold 45,440 shares of Boston Omaha stock. The shares were sold at an average price of $12.56, for a total transaction of $570,726.40.
  • 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 value of $401,318.13.
  • On Thursday, February 13th, Omaha Corp Boston sold 7,035 shares of Boston Omaha stock. The stock was sold at an average price of $11.07, for a total value of $77,877.45.
  • On Tuesday, February 11th, Omaha Corp Boston sold 7,806 shares of Boston Omaha stock. The shares were sold at an average price of $11.36, for a total value of $88,676.16.
  • On Friday, January 31st, Omaha Corp Boston sold 4,405 shares of Boston Omaha stock. The shares were 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 transaction 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 transaction of $149,017.23.

Boston Omaha Trading Up 1.7 %

Shares of BOC stock opened at $14.47 on Wednesday. The stock has a market capitalization of $455.12 million, a P/E ratio of -43.85 and a beta of 0.84. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.06. The firm’s 50 day moving average is $14.37 and its 200 day moving average is $14.59. Boston Omaha Co. has a 12-month low of $12.41 and a 12-month high of $16.29.

Boston Omaha (NYSE:BOCGet Free Report) last issued its quarterly earnings data on Friday, March 28th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.19. The company had revenue of $27.93 million during 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%.

Analyst Upgrades and Downgrades

Separately, TD Cowen decreased their price target on Boston Omaha from $28.00 to $25.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th.

View Our Latest Report on Boston Omaha

Hedge Funds Weigh In On Boston Omaha

Several institutional investors have recently made changes to their positions in the business. Quantbot Technologies LP bought a new stake in Boston Omaha during the fourth quarter valued at approximately $31,000. KLP Kapitalforvaltning AS bought a new stake in shares of Boston Omaha during the 4th quarter valued at $79,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of Boston Omaha in the 4th quarter worth $146,000. SG Americas Securities LLC raised its holdings in Boston Omaha by 20.4% in the 4th quarter. SG Americas Securities LLC now owns 10,833 shares of the company’s stock worth $154,000 after purchasing an additional 1,837 shares during the period. Finally, Intech Investment Management LLC bought a new position in Boston Omaha in the 4th quarter worth $192,000. Institutional investors 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.

Further Reading

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

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