Omaha Corp Boston Sells 9,907 Shares of Boston Omaha Co. (NYSE:BOC) Stock

Boston Omaha Co. (NYSE:BOC) major shareholder Omaha Corp Boston sold 9,907 shares of the stock in a transaction on Wednesday, January 29th. The shares were sold at an average price of $11.25, for a total transaction of $111,453.75. Following the transaction, the insider now directly owns 10,736,162 shares in the company, valued at approximately $120,781,822.50. The trade was a 0.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large 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 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 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 stock was 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 value 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 shares were sold at an average price of $11.18, for a total transaction 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 shares were 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 stock was sold at an average price of $12.21, for a total value of $194,187.84.

Boston Omaha Stock Down 1.2 %

NYSE BOC opened at $14.55 on Friday. The business’s fifty day simple moving average is $14.56 and its 200-day simple moving average is $14.48. 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 $456.49 million, a PE ratio of -44.09 and a beta of 0.82. Boston Omaha Co. has a 52 week low of $12.41 and a 52 week high of $16.99.

Boston Omaha (NYSE:BOC) last issued its earnings results 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 return on equity of 1.76% and a negative net margin of 9.73%. The firm had revenue of $27.70 million for the quarter, compared to analysts’ expectations of $27.20 million.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC purchased a new stake in Boston Omaha in the third quarter valued at $134,000. The Manufacturers Life Insurance Company purchased a new stake in Boston Omaha in the 2nd quarter valued at about $139,000. Susquehanna Fundamental Investments LLC acquired a new position in Boston Omaha in the second quarter valued at about $141,000. BNP Paribas Financial Markets boosted its stake in Boston Omaha by 61.0% during the third quarter. BNP Paribas Financial Markets now owns 13,474 shares of the company’s stock worth $200,000 after buying an additional 5,107 shares during the period. Finally, Flagstone Financial Management increased its position in shares of Boston Omaha by 35.4% during the fourth quarter. Flagstone Financial Management now owns 14,396 shares of the company’s stock valued at $204,000 after acquiring an additional 3,760 shares during the last quarter. 60.36% of the stock is currently owned by institutional investors and hedge funds.

Boston Omaha Company Profile

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.