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

Boston Omaha Co. (NYSE:BOCGet Free Report) 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 transaction of $570,726.40. Following the sale, the insider now owns 9,450,982 shares of the company’s stock, valued at $118,704,333.92. This trade represents a 0.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 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 Monday, March 31st, Omaha Corp Boston sold 30,197 shares of Boston Omaha stock. The shares were 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 shares were 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 stock was 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 stock was 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.
  • 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 stock was sold at an average price of $11.35, for a total value 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 value 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 value of $99,021.26.

Boston Omaha Stock Performance

NYSE:BOC opened at $14.19 on Friday. The firm’s fifty day simple moving average is $14.47 and its 200-day simple moving average is $14.64. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.06. The stock has a market cap of $445.04 million, a PE ratio of -42.98 and a beta of 0.84. Boston Omaha Co. has a fifty-two week low of $12.41 and a fifty-two week high of $16.29.

Boston Omaha (NYSE:BOCGet Free Report) last issued its earnings results on Friday, March 28th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.19. The company had revenue of $27.93 million during the quarter, compared to analysts’ expectations of $28.00 million. Boston Omaha had a negative net margin of 9.73% and a negative return on equity of 1.76%.

Institutional Trading of Boston Omaha

A number of institutional investors have recently bought and sold shares of the company. Quantbot Technologies LP acquired a new position in shares of Boston Omaha during the 4th quarter worth $31,000. KLP Kapitalforvaltning AS acquired a new position in Boston Omaha during the fourth quarter worth about $79,000. Price T Rowe Associates Inc. MD purchased a new stake in shares of Boston Omaha in the fourth quarter valued at about $146,000. SG Americas Securities LLC grew its position in shares of Boston Omaha by 20.4% in the fourth 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 last quarter. Finally, Intech Investment Management LLC purchased a new position in shares of Boston Omaha during the 4th quarter worth approximately $192,000. 60.36% of the stock is currently owned by hedge funds and other 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.

Further Reading

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

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