Key Points
- Olivia Nottebohm, BOX's COO, sold 4,612 shares on Dec. 26 at an average price of $29.84 for about $137,622, leaving her with 474,443 shares valued at roughly $14.16M and reducing her stake by 0.96%.
- She has repeatedly sold the same 4,612‑share block in recent months (Oct. 10, Oct. 21 and Nov. 10) at higher prices (~$33–$31), indicating a pattern of ongoing insider selling.
- For context, BOX has a market cap of about $4.39B, a 52‑week range of $28.00–$38.80, a consensus analyst rating of "Hold" with an average target of $38.00, and roughly 86.7% institutional ownership.
Box, Inc. (NYSE:BOX - Get Free Report) COO Olivia Nottebohm sold 4,612 shares of the business's stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $29.84, for a total value of $137,622.08. Following the completion of the sale, the chief operating officer owned 474,443 shares of the company's stock, valued at approximately $14,157,379.12. This trade represents a 0.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Olivia Nottebohm also recently made the following trade(s):
- On Monday, November 10th, Olivia Nottebohm sold 4,612 shares of BOX stock. The stock was sold at an average price of $31.35, for a total value of $144,586.20.
- On Tuesday, October 21st, Olivia Nottebohm sold 4,612 shares of BOX stock. The shares were sold at an average price of $33.09, for a total value of $152,611.08.
- On Friday, October 10th, Olivia Nottebohm sold 4,612 shares of BOX stock. The shares were sold at an average price of $33.10, for a total value of $152,657.20.
BOX Stock Performance
BOX opened at $30.63 on Tuesday. Box, Inc. has a 52-week low of $28.00 and a 52-week high of $38.80. The firm has a market cap of $4.39 billion, a P/E ratio of 24.70, a price-to-earnings-growth ratio of 2.39 and a beta of 0.79. The business's fifty day moving average is $30.97 and its 200-day moving average is $32.12.
Hedge Funds Weigh In On BOX
A number of institutional investors have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC boosted its position in BOX by 36.4% in the second quarter. Acadian Asset Management LLC now owns 4,137,447 shares of the software maker's stock valued at $141,345,000 after buying an additional 1,104,314 shares in the last quarter. Norges Bank bought a new position in shares of BOX in the 2nd quarter valued at $33,042,000. Qube Research & Technologies Ltd boosted its holdings in shares of BOX by 240.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,210,237 shares of the software maker's stock valued at $41,354,000 after acquiring an additional 854,953 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in BOX during the 2nd quarter worth $22,626,000. Finally, Mizuho Markets Americas LLC acquired a new position in BOX in the 3rd quarter worth about $20,851,000. 86.74% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on BOX shares. Zacks Research cut shares of BOX from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 26th. Weiss Ratings reissued a "hold (c+)" rating on shares of BOX in a research note on Monday, December 22nd. UBS Group downgraded shares of BOX from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $42.00 to $36.00 in a research report on Thursday, September 18th. Finally, DA Davidson restated a "buy" rating and set a $45.00 target price on shares of BOX in a research note on Wednesday, December 3rd. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $38.00.
View Our Latest Research Report on BOX
About BOX
(
Get Free Report)
Box, Inc is a leading provider of cloud content management and file sharing solutions designed to support enterprises in securely managing, accessing and collaborating on digital content from anywhere. The company offers a unified platform that enables organizations to store, share and automate workflows across various departments, enhancing productivity and ensuring governance over sensitive information. Box's services are tailored to meet the needs of industries such as healthcare, financial services, government and media, where compliance and data security are paramount.
The core offerings of Box include its Content Cloud platform, which provides content collaboration, workflow automation, data classification and secure file sharing.
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