Boston Omaha Co. (NYSE:BOC) Major Shareholder Omaha Corp Boston Sells 30,197 Shares

Boston Omaha Co. (NYSE:BOC - Get Free Report) major shareholder Omaha Corp Boston sold 30,197 shares of the business's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $13.29, for a total transaction of $401,318.13. Following the completion of the transaction, the insider now owns 9,506,869 shares in the company, valued at $126,346,289.01. This trade represents a 0.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.

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

• On Wednesday, April 2nd, Omaha Corp Boston sold 45,440 shares of Boston Omaha stock. The stock was sold at an average price of $12.56, for a total transaction of $570,726.40.
• 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 transaction of $77,877.45.
• 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 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 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 stock was 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 transaction 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.

Boston Omaha Stock Down 0.2 %

Shares of BOC traded down $0.03 during trading hours on Monday, hitting $14.11. The stock had a trading volume of 346,696 shares, compared to its average volume of 149,001. Boston Omaha Co. has a 1-year low of $12.41 and a 1-year high of $16.29. The firm has a market capitalization of $443.64 million, a P/E ratio of -42.74 and a beta of 0.84. The firm has a 50 day simple moving average of $14.46 and a 200-day simple moving average of $14.63. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.09 and a quick ratio of 2.09.

Boston Omaha (NYSE:BOC - Get Free Report) last announced its quarterly earnings data on Friday, March 28th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.19. Boston Omaha had a negative return on equity of 1.76% and a negative net margin of 9.73%. The firm had revenue of $27.93 million during the quarter, compared to analysts' expectations of $28.00 million.

Institutional Trading of Boston Omaha

A number of hedge funds and other institutional investors have recently bought and sold shares of BOC. Quantbot Technologies LP bought a new position in shares of Boston Omaha in the fourth quarter valued at $31,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Boston Omaha in the 4th quarter worth about $79,000. Price T Rowe Associates Inc. MD bought a new position in Boston Omaha in the 4th quarter valued at about $146,000. SG Americas Securities LLC boosted its stake in Boston Omaha by 20.4% during the 4th quarter. SG Americas Securities LLC now owns 10,833 shares of the company's stock valued at $154,000 after purchasing an additional 1,837 shares during the last quarter. Finally, Intech Investment Management LLC bought a new stake in Boston Omaha during the 4th quarter worth approximately $192,000. Institutional investors own 60.36% of the company's stock.

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.