Boston Omaha Co. (NYSE:BOC) Major Shareholder Omaha Corp Boston Sells 7,035 Shares of Stock

Posted by Caroline Horne on Feb 15th, 2025

Boston Omaha Co. (NYSE:BOC – Get Free Report) major shareholder Omaha Corp Boston sold 7,035 shares of Boston Omaha stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $11.07, for a total transaction of $77,877.45. Following the completion of the sale, the insider now directly owns 10,703,943 shares in the company, valued at $118,492,649.01. This represents a 0.07 % decrease in their position. 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 Tuesday, February 11th, Omaha Corp Boston sold 7,806 shares of Boston Omaha stock. The shares were sold at an average price of $11.36, for a total transaction of $88,676.16.
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 transaction 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 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 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 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 stock was 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.

Boston Omaha Trading Down 1.0 %

Shares of BOC stock opened at $15.25 on Friday. The company’s 50-day moving average price is $14.51 and its 200-day moving average price is $14.55. 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 stock 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 twelve month low of $12.41 and a twelve month high of $16.99.

Boston Omaha (NYSE:BOC – Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The firm had revenue of $27.70 million for 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 Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BOC. Quantbot Technologies LP acquired a new position in shares of Boston Omaha during the 4th quarter valued at about $31,000. KLP Kapitalforvaltning AS purchased a new stake in Boston Omaha in the 4th quarter valued at about $79,000. SG Americas Securities LLC purchased a new stake in Boston Omaha in the 3rd quarter valued at about $134,000. The Manufacturers Life Insurance Company purchased a new stake in Boston Omaha in the 2nd quarter valued at about $139,000. Finally, Price T Rowe Associates Inc. MD purchased a new stake in Boston Omaha in the 4th quarter valued at about $146,000. 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.