Cowen Inc. Acquires Shares of 110,812 Boston Omaha Corporation (BOMN)
Cowen Inc. acquired a new stake in Boston Omaha Corporation (NASDAQ:BOMN) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 110,812 shares of the company’s stock, valued at approximately $1,461,000. Cowen Inc. owned 1.61% of Boston Omaha Corporation at the end of the most recent quarter.
Separately, Cowen Prime Services LLC purchased a new stake in Boston Omaha Corporation in the second quarter valued at approximately $3,145,000. Institutional investors and hedge funds own 65.50% of the company’s stock.
Shares of Boston Omaha Corporation (NASDAQ:BOMN) traded up 1.36% during midday trading on Monday, reaching $14.93. 11,271 shares of the company were exchanged. The stock’s market capitalization is $214.42 million. Boston Omaha Corporation has a 12-month low of $12.15 and a 12-month high of $22.00. The company has a 50 day moving average price of $13.98 and a 200-day moving average price of $13.60.
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In other news, Director Brendan Joseph Keating bought 37,400 shares of the stock in a transaction dated Friday, June 16th. The stock was purchased at an average cost of $13.00 per share, for a total transaction of $486,200.00. Following the transaction, the director now owns 37,400 shares of the company’s stock, valued at $486,200. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Boulderado Group, Llc bought 13,778 shares of the stock in a transaction dated Friday, August 18th. The shares were purchased at an average price of $13.71 per share, with a total value of $188,896.38. The disclosure for this purchase can be found here. Insiders acquired a total of 3,518,816 shares of company stock valued at $45,756,090 over the last 90 days. 69.54% of the stock is currently owned by corporate insiders.
Boston Omaha Corporation Company Profile
Boston Omaha Corporation is engaged in the business of various sectors, including advertising, insurance, and real estate. The Company’s operations include its ownership of multiple billboards in Alabama, Florida, Georgia, and Wisconsin, and equity method investments in several real estate and real estate service companies.
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