Insider Selling: Boston Omaha Co. (NYSE:BOC) Major Shareholder Sells 30,197 Shares of Stock

Boston Omaha Co. (NYSE:BOCGet Free Report) major shareholder Omaha Corp Boston sold 30,197 shares of the firm’s stock in a transaction on Monday, March 31st. The shares were sold at an average price of $13.29, for a total transaction of $401,318.13. Following the transaction, the insider now owns 9,506,869 shares in the company, valued at $126,346,289.01. This represents a 0.32 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more 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, April 2nd, Omaha Corp Boston sold 45,440 shares of Boston Omaha stock. The stock was sold at an average price of $12.56, for a total transaction of $570,726.40.
  • 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 stock was sold at an average price of $11.03, for a total value 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 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 transaction 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 value 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.

Boston Omaha Stock Down 2.1 %

Shares of BOC stock opened at $14.19 on Friday. Boston Omaha Co. has a 12 month low of $12.41 and a 12 month high of $16.29. 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 firm has a market cap of $446.16 million, a PE ratio of -42.98 and a beta of 0.84. The stock has a 50 day moving average of $14.47 and a 200-day moving average of $14.64.

Boston Omaha (NYSE:BOCGet Free Report) last released its earnings results on Friday, March 28th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.19. The firm 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 Investors Weigh In On Boston Omaha

Several hedge funds have recently made changes to their positions in the stock. Rhumbline Advisers increased its stake in Boston Omaha by 4.4% during the fourth quarter. Rhumbline Advisers now owns 39,528 shares of the company’s stock valued at $560,000 after acquiring an additional 1,666 shares during the period. SG Americas Securities LLC grew its holdings in shares of Boston Omaha by 20.4% during 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 in the last quarter. Wells Fargo & Company MN increased its position in shares of Boston Omaha by 13.5% during the fourth quarter. Wells Fargo & Company MN now owns 18,317 shares of the company’s stock valued at $260,000 after purchasing an additional 2,175 shares during the period. Quantbot Technologies LP acquired a new position in shares of Boston Omaha in the fourth quarter valued at $31,000. Finally, Fenimore Asset Management Inc lifted its position 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 purchasing an additional 2,455 shares during the period. 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.

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

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