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

Boston Omaha Co. (NYSE:BOC) major shareholder Omaha Corp Boston sold 7,806 shares of Boston Omaha stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $11.36, for a total value 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 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, 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 shares were 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 value of $111,453.75.
• 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 value 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 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 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 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 stock was sold at an average price of $12.02, for a total value of $1,682.80.

Boston Omaha Stock Down 1.0 %

Shares of NYSE BOC opened at $15.25 on Monday. Boston Omaha Co. has a 12 month low of $12.41 and a 12 month high of $16.99. 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 firm has a market capitalization of $478.42 million, a price-to-earnings ratio of -46.21 and a beta of 0.82. The business has a 50-day moving average of $14.51 and a 200-day moving average of $14.54.

Institutional Trading of Boston Omaha

Hedge funds and other institutional investors have recently bought and sold shares of the company. Meixler Investment Management Ltd. purchased a new stake in Boston Omaha in the third quarter worth approximately $1,089,000. Private Management Group Inc. boosted its stake in Boston Omaha by 13.5% in the third quarter. Private Management Group Inc. now owns 787,582 shares of the company’s stock worth $11,711,000 after buying an additional 93,836 shares in the last quarter. Barclays PLC boosted its stake in Boston Omaha by 188.4% in the third quarter. Barclays PLC now owns 43,830 shares of the company’s stock worth $652,000 after buying an additional 28,632 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Boston Omaha by 44.3% in the third quarter. JPMorgan Chase & Co. now owns 81,476 shares of the company’s stock worth $1,212,000 after buying an additional 25,027 shares in the last quarter. Finally, State Street Corp boosted its stake in Boston Omaha by 1.9% in the third quarter. State Street Corp now owns 492,192 shares of the company’s stock worth $7,319,000 after buying an additional 9,073 shares in the last quarter. Hedge funds and other institutional investors own 60.36% of the company’s stock.

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.