Boston Omaha Corporation’s recently made public that its Co-CEO, Co-President Rozek Alexander Buffett unloaded Company’s shares for reported $0.23 million on Jun 05. In the deal valued at $19.74 per share,11,600 shares were sold. As a result of this transaction, Rozek Alexander Buffett now holds 927,653 shares worth roughly $ 16.39 million.
Then, Weisenburger Joshua Paul bought 700 shares, generating $13,293 in total proceeds. Upon buying the shares at $18.99, the Chief Financial Officer now owns 13,768 shares.
Before that, Royal Jeffrey C bought 10,000 shares. Boston Omaha Corporation shares valued at $192,300 were divested by the Director at a price of $19.23 per share. As a result of the transaction, Royal Jeffrey C now holds 21,176 shares, worth roughly $0.37 million.
Price Performance Review of BOC
On Friday, Boston Omaha Corporation [NYSE:BOC] saw its stock fall -0.06% to $17.67. On the same session, the stock had its day’s lowest price of $17.45, but rose to a high of $17.844. Over the last five days, the stock has gained 6.70%. Boston Omaha Corporation shares have fallen nearly -33.32% since the year began. Nevertheless, the stocks have fallen -34.14% over the past one year. While a 52-week high of $28.98 was reached on 01/12/23, a 52-week low of $16.12 was recorded on 08/24/23. SMA at 50 days reached $18.48, while 200 days put it at $22.36. A total of 84405.0 shares were traded, compared to the trading of 88800.0 shares in the previous session.
Levels Of Support And Resistance For BOC Stock
The 24-hour chart illustrates a support level at 17.47, which if violated will result in even more drops to 17.26. On the upside, there is a resistance level at 17.86. A further resistance level may holdings at 18.05. The Relative Strength Index (RSI) on the 14-day chart is 47.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.29%. Stochastics %K at 58.21% indicates the stock is a holding.
How much short interest is there in Boston Omaha Corporation?
A steep rise in short interest was recorded in Boston Omaha Corporation stocks on Aug 14, 2023, dropping by 2940.0 shares to a total of 0.65 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.65 million shares. There was a decline of -0.45%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 2.79% of the overall stock float, the days-to-cover ratio (short ratio) fell to 7.78.
According to FactSet, Boston Omaha Corporation’s share price will average $30.00 in the next year, based on opinions of analysts polled by the firm. This is up nearly 69.68 percent from its previous closing price of $17.68. Analysts expect Boston Omaha Corporation stock to reach the higher price of $35.00, while the lowest price estimate is $25.00. However, 2 analysts have rated BOC stock as a Buy in their predictions for 2023.