Boston Omaha Co. (NYSE:BOC) Major Shareholder Sells $77,877.45 in Stock

Boston Omaha Co. (NYSE:BOC) major shareholder Omaha Corp Boston sold 7,035 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $11.07, for a total value of $77,877.45. Following the sale, the insider now directly owns 10,703,943 shares in the company, valued at $118,492,649.01. This represents a 0.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Omaha Corp Boston also recently made the following trade(s):

• On Tuesday, February 11th, Omaha Corp Boston sold 7,806 shares of Boston Omaha stock. The stock was sold at an average price of $11.36, for a total value 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 value of $48,587.15.
• On Wednesday, January 29th, Omaha Corp Boston sold 9,907 shares of Boston Omaha stock. The stock was sold at an average price of $11.25, for a total value of $111,453.75.
• On Monday, January 27th, Omaha Corp Boston sold 13,317 shares of Boston Omaha stock. The shares were sold at an average price of $11.19, for a total value of $149,017.23.
• On Thursday, January 23rd, Omaha Corp Boston sold 16,470 shares of Boston Omaha stock. The shares were 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 value of $146,426.35.
• 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 shares were 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 shares were sold at an average price of $12.02, for a total value of $1,682.80.

Boston Omaha Stock Down 1.0 %

Shares of BOC opened at $15.25 on Monday. Boston Omaha Co. has a 52 week low of $12.41 and a 52 week high of $16.99. The stock has a market capitalization of $478.42 million, a price-to-earnings ratio of -46.21 and a beta of 0.82. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.09 and a current ratio of 2.09. The stock has a fifty day moving average of $14.51 and a 200-day moving average of $14.54.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Meixler Investment Management Ltd. bought a new position in shares of Boston Omaha in the 3rd quarter valued at $1,089,000. Private Management Group Inc. lifted its stake in shares of Boston Omaha by 13.5% in the 3rd quarter. Private Management Group Inc. now owns 787,582 shares of the company’s stock valued at $11,711,000 after acquiring an additional 93,836 shares during the last quarter. Barclays PLC lifted its stake in shares of Boston Omaha by 188.4% in the 3rd quarter. Barclays PLC now owns 43,830 shares of the company’s stock valued at $652,000 after acquiring an additional 28,632 shares during the last quarter. JPMorgan Chase & Co. raised its position in Boston Omaha by 44.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 81,476 shares of the company’s stock worth $1,212,000 after purchasing an additional 25,027 shares during the last quarter. Finally, State Street Corp raised its position in 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. 60.36% of the stock is currently owned by institutional investors.

About Boston Omaha

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.