Boston Omaha Co. (NYSE:BOC - Get Free Report) major shareholder Omaha Corp Boston sold 6,295 shares of the firm's stock in a transaction dated Wednesday, April 23rd. The shares were sold at an average price of $11.07, for a total value of $69,685.65. Following the completion of the transaction, the insider now owns 9,212,371 shares in the company, valued at approximately $101,980,946.97. This represents a 0.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own at least 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, April 21st, Omaha Corp Boston sold 17,037 shares of Boston Omaha stock. The shares were sold at an average price of $11.19, for a total transaction of $190,644.03.
- On Wednesday, April 16th, Omaha Corp Boston sold 10,406 shares of Boston Omaha stock. The stock was sold at an average price of $11.08, for a total transaction of $115,298.48.
- 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 shares were sold at an average price of $11.39, for a total transaction of $145,427.52.
- On Wednesday, April 9th, Omaha Corp Boston sold 78,522 shares of Boston Omaha stock. The stock was 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 shares were 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.
Boston Omaha Price Performance
Shares of BOC opened at $15.17 on Thursday. The company has a 50 day moving average of $14.35 and a 200-day moving average of $14.61. 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 capitalization of $477.14 million, a P/E ratio of -45.97 and a beta of 0.84. Boston Omaha Co. has a twelve month low of $12.41 and a twelve month high of $16.29.
Boston Omaha (NYSE:BOC - Get Free Report) last issued its quarterly 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. Boston Omaha had a negative net margin of 9.73% and a negative return on equity of 1.76%. The firm had revenue of $27.93 million for the quarter, compared to analyst estimates of $28.00 million.
Wall Street Analysts Forecast Growth
Separately, TD Cowen dropped their price target on Boston Omaha from $28.00 to $25.00 and set a "buy" rating on the stock in a research report on Wednesday, April 9th.
Check Out Our Latest Stock Analysis on BOC
Institutional Trading of Boston Omaha
Institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp increased its position in shares of Boston Omaha by 1.9% during the 3rd quarter. State Street Corp now owns 492,192 shares of the company's stock worth $7,319,000 after purchasing an additional 9,073 shares during the last quarter. Barclays PLC increased its holdings in Boston Omaha by 188.4% during the third quarter. Barclays PLC now owns 43,830 shares of the company's stock worth $652,000 after buying an additional 28,632 shares during the last quarter. Geode Capital Management LLC raised its position in Boston Omaha by 4.2% during the third quarter. Geode Capital Management LLC now owns 533,777 shares of the company's stock worth $7,939,000 after acquiring an additional 21,682 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Boston Omaha by 44.3% in the third quarter. JPMorgan Chase & Co. now owns 81,476 shares of the company's stock valued at $1,212,000 after acquiring an additional 25,027 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in shares of Boston Omaha by 20.4% in the 4th quarter. SG Americas Securities LLC now owns 10,833 shares of the company's stock valued at $154,000 after acquiring an additional 1,837 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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