Insider Selling: Boston Omaha Co. (NYSE:BOC) Major Shareholder Sells 13,317 Shares of Stock

Posted by Steve Reilly on Jan 29th, 2025

Boston Omaha Co. (NYSE:BOC – Get Free Report) major shareholder Omaha Corp Boston sold 13,317 shares of Boston Omaha stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $11.19, for a total value of $149,017.23. Following the sale, the insider now owns 10,757,544 shares of the company’s stock, valued at approximately $120,376,917.36. This represents a 0.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, 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 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 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 transaction 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 stock was 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.
On Monday, December 30th, Omaha Corp Boston sold 9,077 shares of Boston Omaha stock. The stock was 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 Stock Up 0.8 %

Shares of BOC opened at $14.76 on Wednesday. The firm has a market cap of $463.02 million, a PE ratio of -44.73 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’s fifty day moving average is $14.56 and its two-hundred day moving average is $14.47. Boston Omaha Co. has a fifty-two week low of $12.41 and a fifty-two week high of $16.99.

Boston Omaha (NYSE:BOC – Get Free Report) last issued its earnings results on Tuesday, November 12th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). The firm had revenue of $27.70 million during the quarter, compared to analyst estimates 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

A number of institutional investors and hedge funds have recently bought and sold shares of BOC. Meixler Investment Management Ltd. acquired a new position in Boston Omaha during the third quarter valued at approximately $1,089,000. Private Management Group Inc. raised 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 period. Barclays PLC lifted its holdings in shares of Boston Omaha by 188.4% during 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 in the last quarter. JPMorgan Chase & Co. boosted 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 period. Finally, State Street Corp increased its holdings in Boston Omaha by 1.9% in the 3rd quarter. State Street Corp now owns 492,192 shares of the company’s stock valued at $7,319,000 after purchasing an additional 9,073 shares in the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

About Boston Omaha

(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.