Boston Omaha Co. (NYSE:BOC) Major Shareholder Sells $88,676.16 in Stock

Boston Omaha Co. (NYSE:BOC - Get Free Report) major shareholder Omaha Corp Boston sold 7,806 shares of the firm's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $11.36, for a total transaction of $88,676.16. Following the transaction, the insider now directly 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more 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 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 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 shares were sold at an average price of $11.25, for a total transaction 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 transaction 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 stock was 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 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.

Boston Omaha Price Performance

Shares of BOC traded down $0.19 during mid-day trading on Tuesday, hitting $15.06. 96,754 shares of the company traded hands, compared to its average volume of 110,876. 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 business has a 50-day moving average of $14.52 and a 200 day moving average of $14.56. Boston Omaha Co. has a one year low of $12.41 and a one year high of $16.99. The stock has a market capitalization of $472.28 million, a price-to-earnings ratio of -45.62 and a beta of 0.82.

Institutional Investors Weigh In On Boston Omaha

Several hedge funds and other institutional investors have recently made changes to their positions in BOC. Dimensional Fund Advisors LP lifted its stake in shares of Boston Omaha by 6.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,471,085 shares of the company's stock valued at $20,860,000 after acquiring an additional 85,000 shares during the period. Fenimore Asset Management Inc lifted its holdings in Boston Omaha by 0.3% during the fourth quarter. Fenimore Asset Management Inc now owns 938,162 shares of the company's stock worth $13,303,000 after acquiring an additional 2,455 shares in the last quarter. Private Management Group Inc. grew its position 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 purchasing an additional 93,836 shares during the period. Elgethun Capital Management increased its stake in Boston Omaha by 16.4% during the 4th quarter. Elgethun Capital Management now owns 559,485 shares of the company's stock worth $7,933,000 after purchasing an additional 78,662 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Boston Omaha by 4.2% during the 3rd quarter. Geode Capital Management LLC now owns 533,777 shares of the company's stock worth $7,939,000 after buying an additional 21,682 shares during the period. 60.36% of the stock is owned by institutional investors and hedge funds.

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.