BOC - Boston Omaha Board Member Makes $150K Stock Purchase | Benzinga
On December 7, a substantial insider purchase was made by Jeffrey C Royal, Board Member at Boston Omaha (NYSE:BOC), as per the latest SEC filing.
What Happened: In a Form 4 filing on Thursday with the U.S. Securities and Exchange Commission, it was disclosed that Royal bought 10,000 shares of Boston Omaha, amounting to a total of $150,411.
Monitoring the market, Boston Omaha's shares up by 0.07% at $15.04 during Friday's morning.
Get to Know Boston Omaha Better
Boston Omaha Corp is a US-based company which invests in real estate. Its operations include its ownership of multiple billboards in Florida, Georgia, Wisconsin, and Alabama and equity method investments in several real estate companies. The company operates three separate lines of business, outdoor billboard advertising, surety insurance and related brokerage activities, and broadband services. It also engages in investments in real estate management and related activities. The company generates the majority of the revenue from billboard rentals.
Boston Omaha: Financial Performance Dissected
Revenue Growth: Over the 3 months period, Boston Omaha showcased positive performance, achieving a revenue growth rate of 14.46% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, ...