Insider Selling: Boston Omaha Co. (NYSE:BOC) Major Shareholder Sells 7,806 Shares of Stock

Boston Omaha Co. (NYSE:BOC) major shareholder Omaha Corp Boston sold 7,806 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $11.36, for a total value of $88,676.16. Following the completion of the sale, the insider now owns 10,713,364 shares of the company’s stock, valued at $121,703,815.04. The trade was a 0.07 % 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, 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 value of $77,877.45.
• On Friday, January 31st, Omaha Corp Boston sold 4,405 shares of Boston Omaha stock. The shares were 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 shares were 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 Price Performance

BOC opened at $15.25 on Monday. The stock has a fifty day simple moving average of $14.51 and a two-hundred day simple moving average of $14.54. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.06. The company has a market cap of $478.42 million, a price-to-earnings ratio of -46.21 and a beta of 0.82. Boston Omaha Co. has a 12-month low of $12.41 and a 12-month high of $16.99.

Hedge Funds Weigh In On Boston Omaha

A number of institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in Boston Omaha by 152.5% in the fourth quarter. Jane Street Group LLC now owns 42,949 shares of the company’s stock worth $609,000 after purchasing an additional 25,942 shares in the last quarter. Northern Trust Corp raised its holdings in Boston Omaha by 9.0% in the fourth quarter. Northern Trust Corp now owns 221,758 shares of the company’s stock worth $3,145,000 after purchasing an additional 18,336 shares in the last quarter. Susquehanna Fundamental Investments LLC bought a new position in Boston Omaha in the fourth quarter worth $301,000. Ironvine Capital Partners LLC raised its holdings in Boston Omaha by 2.0% in the fourth quarter. Ironvine Capital Partners LLC now owns 495,791 shares of the company’s stock worth $7,030,000 after purchasing an additional 9,646 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD bought a new position in Boston Omaha in the fourth quarter worth $146,000. Institutional investors own 60.36% of the company’s stock.

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.