Insider Selling: Boston Omaha Co. (NYSE:BOC) Major Shareholder Sells $111,453.75 in Stock

Posted by Alanna Baker on Feb 3rd, 2025

Boston Omaha Co. (NYSE:BOC – Get Free Report) major shareholder Omaha Corp Boston sold 9,907 shares of the business’s stock in a transaction dated Wednesday, January 29th. The stock was sold at an average price of $11.25, for a total value of $111,453.75. Following the transaction, the insider now directly owns 10,736,162 shares of the company’s stock, valued at $120,781,822.50. The trade was a 0.09 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Major 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 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 transaction of $48,587.15.
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 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 value 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 shares were sold at an average price of $11.18, for a total transaction 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 transaction 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 transaction of $1,682.80.
On Monday, December 30th, Omaha Corp Boston sold 9,077 shares of Boston Omaha stock. The shares were 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 value of $194,187.84.

Boston Omaha Price Performance

BOC opened at $14.55 on Monday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.09 and a quick ratio of 2.09. The stock’s 50 day simple moving average is $14.56 and its 200 day simple moving average is $14.49. The firm has a market cap of $456.43 million, a price-to-earnings ratio of -44.09 and a beta of 0.82. Boston Omaha Co. has a 1 year low of $12.41 and a 1 year 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) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The firm had revenue of $27.70 million during the quarter, compared to analysts’ expectations of $27.20 million. Boston Omaha had a negative return on equity of 1.76% and a negative net margin of 9.73%.

Institutional Trading of Boston Omaha

A number of institutional investors have recently modified their holdings of BOC. Dimensional Fund Advisors LP increased its holdings in Boston Omaha by 9.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,249,746 shares of the company’s stock valued at $16,822,000 after purchasing an additional 105,152 shares during the period. Fenimore Asset Management Inc increased its stake in shares of Boston Omaha by 0.3% during the fourth quarter. Fenimore Asset Management Inc now owns 938,162 shares of the company’s stock valued at $13,303,000 after buying an additional 2,455 shares during the period. Private Management Group Inc. raised its holdings in shares of Boston Omaha by 13.5% during the third 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 in the last quarter. Geode Capital Management LLC lifted its stake in Boston Omaha by 4.2% in the third quarter. Geode Capital Management LLC now owns 533,777 shares of the company’s stock worth $7,939,000 after acquiring an additional 21,682 shares during the period. Finally, State Street Corp boosted its holdings in Boston Omaha by 1.9% in the third quarter. State Street Corp now owns 492,192 shares of the company’s stock valued at $7,319,000 after acquiring an additional 9,073 shares in the last quarter. 60.36% of the stock is currently owned by hedge funds and other institutional investors.

Boston Omaha Company Profile

(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.