Boston Omaha Co. (NYSE:BOC - Get Free Report) major shareholder Omaha Corp Boston sold 10,406 shares of the company's stock in a transaction that occurred on Wednesday, April 16th. The shares were sold at an average price of $11.08, for a total transaction of $115,298.48. Following the completion of the transaction, the insider now owns 9,289,827 shares of the company's stock, valued at $102,931,283.16. This trade represents a 0.11 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 Monday, April 14th, Omaha Corp Boston sold 16,828 shares of Boston Omaha stock. The shares were sold at an average price of $11.69, for a total transaction of $196,719.32.
- On Friday, April 11th, Omaha Corp Boston sold 12,768 shares of Boston Omaha stock. The stock was 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 shares were sold at an average price of $11.06, for a total value of $868,453.32.
- On Monday, April 7th, Omaha Corp Boston sold 12,438 shares of Boston Omaha stock. The shares were sold at an average price of $11.74, for a total value of $146,022.12.
- 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 value of $570,726.40.
- 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 transaction 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 transaction 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 transaction 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 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 value of $111,453.75.
Boston Omaha Stock Performance
Shares of BOC stock opened at $14.72 on Friday. The company has a fifty day moving average price of $14.37 and a two-hundred day moving average price of $14.59. Boston Omaha Co. has a one year low of $12.41 and a one year high of $16.29. The stock has a market cap of $462.99 million, a P/E ratio of -44.60 and a beta of 0.84. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.09 and a quick ratio of 2.09.
Boston Omaha (NYSE:BOC - Get Free Report) last issued its earnings results on Friday, March 28th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.19. The business had revenue of $27.93 million during the quarter, compared to the consensus estimate of $28.00 million. Boston Omaha had a negative net margin of 9.73% and a negative return on equity of 1.76%.
Wall Street Analyst Weigh In
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.
Read Our Latest Analysis on Boston Omaha
Institutional Trading of Boston Omaha
A number of hedge funds have recently made changes to their positions in BOC. Fenimore Asset Management Inc raised its stake in Boston Omaha by 1.0% in the 1st quarter. Fenimore Asset Management Inc now owns 947,797 shares of the company's stock valued at $13,819,000 after acquiring an additional 9,635 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Boston Omaha by 58.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,987 shares of the company's stock valued at $354,000 after purchasing an additional 9,200 shares during the period. Two Sigma Advisers LP lifted its stake in shares of Boston Omaha by 33.8% during the 4th quarter. Two Sigma Advisers LP now owns 26,500 shares of the company's stock worth $376,000 after buying an additional 6,700 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Boston Omaha by 71.4% during the 4th quarter. Deutsche Bank AG now owns 33,962 shares of the company's stock worth $482,000 after buying an additional 14,142 shares during the period. Finally, Bank of America Corp DE grew its stake in Boston Omaha by 28.9% in the 4th quarter. Bank of America Corp DE now owns 37,933 shares of the company's stock valued at $538,000 after buying an additional 8,511 shares during the last quarter. 60.36% of the stock is owned by institutional investors and hedge funds.
Boston Omaha Company Profile
(
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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