Omaha Corp Boston Sells 12,901 Shares of Boston Omaha Co. (NYSE:BOC) Stock

Boston Omaha Co. (NYSE:BOC) major shareholder Omaha Corp Boston sold 12,901 shares of the company’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $11.35, for a total transaction of $146,426.35. Following the completion of the transaction, the insider now directly owns 10,808,049 shares in the company, valued at approximately $122,671,356.15. The trade was a 0.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own more than 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 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 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 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 value of $99,021.26.
• On Monday, January 6th, Omaha Corp Boston sold 10,029 shares of Boston Omaha stock. The stock was sold at an average price of $11.65, for a total value 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 transaction 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 0.4 %

Shares of NYSE BOC opened at $14.58 on Friday. The company has a market cap of $457.22 million, a price-to-earnings ratio of -44.17 and a beta of 0.82. 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’s fifty day moving average is $14.55 and its 200 day moving average is $14.43. 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 quarterly earnings data on Tuesday, November 12th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The firm had revenue of $27.70 million for the quarter, compared to the consensus estimate of $27.20 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

A number of large investors have recently made changes to their positions in the business. SG Americas Securities LLC bought a new stake in Boston Omaha in the third quarter valued at $134,000. The Manufacturers Life Insurance Company bought a new stake in shares of Boston Omaha during the 2nd quarter valued at about $139,000. Susquehanna Fundamental Investments LLC bought a new stake in shares of Boston Omaha during the 2nd quarter valued at about $141,000. BNP Paribas Financial Markets increased its position in shares of Boston Omaha by 61.0% during 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, Flagstone Financial Management raised its stake in Boston Omaha by 35.4% in the fourth quarter. Flagstone Financial Management now owns 14,396 shares of the company’s stock worth $204,000 after buying an additional 3,760 shares in the last quarter. 60.36% of the stock is currently owned by institutional investors.

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.