Boston Omaha Co. (NYSE:BOC) Major Shareholder Omaha Corp Boston Sells 12,901 Shares

Posted by Jon Anderson on Jan 24th, 2025

Boston Omaha Co. (NYSE:BOC – Get Free Report) major shareholder Omaha Corp Boston sold 12,901 shares of Boston Omaha stock in a transaction that occurred 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 sale, the insider now directly owns 10,808,049 shares of the company’s stock, valued at $122,671,356.15. The trade was a 0.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own more than 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 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 value of $89,300.96.
On Wednesday, January 15th, Omaha Corp Boston sold 8,857 shares of Boston Omaha stock. The stock was 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 shares were 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 shares were 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 transaction of $194,187.84.

Boston Omaha Trading Up 0.8 %

Shares of NYSE BOC traded up $0.11 during trading on Thursday, hitting $14.59. 145,874 shares of the company traded hands, compared to its average volume of 133,741. The firm has a market capitalization of $457.72 million, a P/E ratio of -44.21 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 company has a 50-day moving average price of $14.55 and a 200-day moving average price of $14.42. Boston Omaha Co. has a 1 year low of $12.41 and a 1 year high of $16.99.

Boston Omaha (NYSE:BOC – Get Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). The firm had revenue of $27.70 million for the quarter, compared to analysts’ expectations of $27.20 million. Boston Omaha had a negative net margin of 9.73% and a negative return on equity of 1.76%.

Institutional Trading of Boston Omaha

Institutional investors and hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC acquired a new position in Boston Omaha during the third quarter valued at approximately $134,000. The Manufacturers Life Insurance Company purchased a new position in shares of Boston Omaha in the 2nd quarter valued at $139,000. Susquehanna Fundamental Investments LLC purchased a new position in shares of Boston Omaha in the 2nd quarter valued at $141,000. BNP Paribas Financial Markets lifted its holdings in shares of Boston Omaha by 61.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 13,474 shares of the company’s stock valued at $200,000 after acquiring an additional 5,107 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in Boston Omaha by 4.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 21,449 shares of the company’s stock worth $289,000 after purchasing an additional 925 shares during the period. Institutional investors and hedge funds 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.