Boston Omaha Co. (NYSE:BOC) Major Shareholder Sells $77,877.45 in Stock

Posted by Christopher Mengel on Feb 17th, 2025

Boston Omaha Co. (NYSE:BOC – Get Free Report) major shareholder Omaha Corp Boston sold 7,035 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $11.07, for a total value of $77,877.45. Following the completion of the sale, the insider now owns 10,703,943 shares in the company, valued at approximately $118,492,649.01. This trade represents a 0.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases 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 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 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 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 stock was 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 stock was 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 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 shares were sold at an average price of $12.02, for a total value of $1,682.80.

Boston Omaha Price Performance

NYSE:BOC opened at $15.25 on Monday. 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 stock’s 50 day moving average price is $14.51 and its two-hundred day moving average price is $14.54. The firm has a market capitalization of $478.42 million, a price-to-earnings ratio of -46.21 and a beta of 0.82. Boston Omaha Co. has a 12-month low of $12.41 and a 12-month high of $16.99.

Institutional Trading of Boston Omaha

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its stake in Boston Omaha by 6.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,471,085 shares of the company’s stock valued at $20,860,000 after buying an additional 85,000 shares during the period. Fenimore Asset Management Inc grew its position in shares of Boston Omaha by 0.3% in the fourth quarter. Fenimore Asset Management Inc now owns 938,162 shares of the company’s stock valued at $13,303,000 after purchasing an additional 2,455 shares during the last quarter. Private Management Group Inc. grew its position in shares of Boston Omaha by 13.5% in the third 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 last quarter. Elgethun Capital Management grew its position in shares of Boston Omaha by 16.4% in the fourth quarter. Elgethun Capital Management now owns 559,485 shares of the company’s stock valued at $7,933,000 after purchasing an additional 78,662 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Boston Omaha by 4.2% in the third quarter. Geode Capital Management LLC now owns 533,777 shares of the company’s stock valued at $7,939,000 after purchasing an additional 21,682 shares during the last quarter. Institutional investors own 60.36% of the company’s stock.

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.