Co-chairman Adam M. Peterson has just bought 11% more shares in Boston Omaha Corporation (NASDAQ: BOMN).
potential Boston Omaha Corporation (NASDAQ: BOMN) Shareholders may want to point out that co-chairman Adam M. Peterson recently purchased $ 150,000 worth of shares and paid $ 16.00 for each share. That’s a very solid buy in our book and has increased their stake by a whopping 11%.
Check out our latest analysis for Boston Omaha
Boston Omaha insider deals last year
In particular, Adam M. Peterson’s recent purchase is the largest insider buy of Boston Omaha stock we have seen in the past year. So it’s clear that an insider was looking to buy around the current price of $ 16.00. Of course, they may have changed their minds. However, this suggests that they are optimistic. Overall, if someone is buying stocks at prices well below current prices, it is a good sign, but keep in mind that they may run out of value. Fortunately, the Boston Omaha insiders decided to buy stocks at near current prices.
Boston Omaha insiders may have bought but not sold stocks in the past year. The following graph shows insider transactions (by individuals) over the past year. If you want to know exactly who sold how much and when, just click on the graphic below!
NasdaqCM: BOMN Recent Insider Trading June 3, 2020
There are many other companies that insiders buy stocks from. You probably do Not want to miss that free List of growing companies that insider buy.
Does Boston Omaha have high inside ownership?
Another way to test alignment between a company’s executives and other shareholders is to see how many stocks they own. A high level of insider responsibility often leads to corporate management taking greater account of the interests of shareholders. Our data shows that Boston Omaha insiders own 2.3% of the company, valued at approximately $ 9.9 million. While better than nothing, we are not particularly impressed with these holdings.
What does this data suggest about Boston Omaha Insider?
It’s good to see recent purchases. We also trust in the longer-term picture of insider transactions. However, we note that the company has not made a profit in the past twelve months, which makes us cautious. While the overall participation of insiders is below what we’d like, the history of the deals implies that Boston Omaha insiders are reasonably well-aligned and optimistic about the future. In addition to knowing about insider trading, it is beneficial to identify the risks that Boston Omaha is exposed to. To do this, you should learn something about that 3 warning signs We saw Omaha with Boston (including 1 which cannot be ignored).
Sure You could find a fantastic investment by looking elsewhere. So take a look at it free List of interesting companies.
For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently consider open market transactions and private sales, but not derivative transactions.
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This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. We want to provide you with a long-term, focused analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive company announcements or quality materials. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
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