Fun Fact: Boston Omaha Corporation (NASDAQ: BOMN) insiders have bought shares
It’s not uncommon for companies to do well in the years after insiders have bought stocks. The downside of this is that there aren’t just a few examples of insiders dumping stocks before a period of poor performance. As a result, shareholders may want to know whether insiders bought or sold shares of Boston Omaha Corporation (NASDAQ: BOMN).
What is insider selling?
Most investors know that it is perfectly permissible for company directors, such as directors, to buy and sell shares in the company. However, rules apply to insider trading and certain disclosures are required.
Insider trading isn’t the most important thing when it comes to long-term investments. But we would also consider it foolish to ignore insider trading altogether. As Peter Lynch said, “Insiders could sell their stocks for a number of reasons, but they are buying them for only one thing: they think the price will go up”.
Check out our latest analysis for Boston Omaha
Last 12 months of insider trading in Boston Omaha
Co-chairman Adam M. Peterson made the largest insider buy in the past 12 months. That single transaction involved shares valued at $ 150,000 priced at $ 16.00 each. While we love to see inside buying, we find that this large purchase was well below its recent price of $ 43.83. While this suggests that insiders are viewing the stock as undervalued at lower prices, this transaction doesn’t tell us much about what they think of current prices.
Boston Omaha insiders may have bought but not sold stocks in the past year. Below is a visual representation of insider trades (by companies and individuals) over the past 12 months. If you click on the chart you will see all of the individual transactions including the stock price, the individual and the date!
NasdaqCM: BOMN Insider Trading Volume March 11, 2021
Boston Omaha isn’t the only stock insiders are buying. For those who like to find Attract investments This free List of growing companies, with recent insider buying, could be just the ticket.
Does Boston Omaha have high inside ownership?
By looking at all of the insider holdings in a company, you can get an idea of whether they are well aligned with common stockholders. A high level of insider responsibility often leads to corporate management taking greater account of the interests of shareholders. Insiders own 2.4% of Boston Omaha stock, valued at approximately $ 28 million. This level of inside ownership is good, but not particularly noticeable. This certainly indicates an adequate level of alignment.
What could the Boston Omaha insider deals tell us?
The fact that there haven’t been any insider deals with Boston Omaha recently certainly doesn’t bother us. On the positive side, transactions over the past year have been encouraging. Overall, we don’t see anything that leads us to believe that Boston Omaha insiders doubt the company and own shares. While it is helpful to know what insiders are doing to buy or sell, it is also helpful to know the risks a particular company is facing. When we did our research, we found out 3 warning signs for Boston Omaha (1 makes us a little uncomfortable!) We believe we deserve your full attention.
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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