Boston Omaha Co. (NYSE:BOC – Get Free Report) major shareholder Omaha Corp Boston sold 16,470 shares of the stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $11.38, for a total value of $187,428.60. Following the transaction, the insider now directly owns 10,781,022 shares of the company’s stock, valued at approximately $122,688,030.36. The trade was a 0.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% 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 Tuesday, January 21st, Omaha Corp Boston sold 12,901 shares of Boston Omaha stock. The stock was 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 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 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 value 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 shares were sold at an average price of $12.21, for a total transaction of $194,187.84.
Boston Omaha Stock Performance
Shares of BOC stock traded up $0.11 during mid-day trading on Thursday, reaching $14.59. The stock had a trading volume of 145,874 shares, compared to its average volume of 133,741. 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 $457.72 million, a PE ratio of -44.21 and a beta of 0.82. Boston Omaha Co. has a one year low of $12.41 and a one year high of $16.99. The firm’s 50 day simple moving average is $14.55 and its 200 day simple moving average is $14.42.
Hedge Funds Weigh In On Boston Omaha
A number of large investors have recently modified their holdings of BOC. Fenimore Asset Management Inc lifted its stake in shares of Boston Omaha by 0.3% during the fourth quarter. Fenimore Asset Management Inc now owns 938,162 shares of the company’s stock valued at $13,303,000 after acquiring an additional 2,455 shares during the period. SG Americas Securities LLC raised its position in shares of Boston Omaha by 20.4% during the fourth 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 during the period. JPMorgan Chase & Co. raised its holdings in shares of Boston Omaha by 44.3% during the third quarter. JPMorgan Chase & Co. now owns 81,476 shares of the company’s stock worth $1,212,000 after acquiring an additional 25,027 shares during the period. Barclays PLC boosted its position in shares of 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 period. Finally, Geode Capital Management LLC raised its holdings in shares of Boston Omaha by 4.2% in the third quarter. Geode Capital Management LLC now owns 533,777 shares of the company’s stock valued at $7,939,000 after purchasing an additional 21,682 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.
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