Omaha Corp Boston Sells 13,317 Shares of Boston Omaha Co. (NYSE:BOC) Stock

Posted by Martin Roberts on Jan 30th, 2025

Boston Omaha Co. (NYSE:BOC – Get Free Report) major shareholder Omaha Corp Boston sold 13,317 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $11.19, for a total value of $149,017.23. Following the completion of the sale, the insider now directly owns 10,757,544 shares in the company, valued at approximately $120,376,917.36. This trade represents a 0.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases 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 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 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 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 value 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 Price Performance

Shares of BOC opened at $15.02 on Thursday. The firm has a market capitalization of $471.30 million, a price-to-earnings ratio of -45.53 and a beta of 0.82. The stock’s fifty day moving average is $14.56 and its 200-day moving average is $14.48. Boston Omaha Co. has a one year low of $12.41 and a one year high of $16.99. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.09 and a current ratio of 2.09.

Boston Omaha (NYSE:BOC – Get Free Report) last released its earnings results on Tuesday, November 12th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The company had revenue of $27.70 million for the quarter, compared to analyst estimates 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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new position in Boston Omaha during the 3rd quarter valued at $134,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Boston Omaha in the second quarter valued at $139,000. Susquehanna Fundamental Investments LLC bought a new position in Boston Omaha during the second quarter valued at about $141,000. BNP Paribas Financial Markets grew its holdings 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 acquiring an additional 5,107 shares during the period. Finally, Flagstone Financial Management raised its position 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 acquiring an additional 3,760 shares in the last quarter. Institutional investors own 60.36% of the company’s stock.

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.