Key Points
- Dylan Smith, BOX's CFO, sold 17,000 shares on Jan. 9 at an average of $29.57 for $502,690, trimming his position by 1.26% to 1,328,195 shares (≈$39.27M).
- BOX opened at $29.59, trades near its 50‑ and 200‑day moving averages ($30.35 and $31.75), has a market cap of $4.24B, a P/E of 23.86 and a 1‑year range of $28.00–$38.80.
- Analysts are mixed—five Buys, three Holds and one Sell—yielding a MarketBeat consensus of "Hold" with a $38.00 target, and institutional investors own about 86.74% of the stock.
Box, Inc. (NYSE:BOX - Get Free Report) CFO Dylan Smith sold 17,000 shares of the company's stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $29.57, for a total value of $502,690.00. Following the sale, the chief financial officer owned 1,328,195 shares in the company, valued at approximately $39,274,726.15. This trade represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
BOX Stock Performance
Shares of BOX opened at $29.59 on Tuesday. The stock has a 50-day simple moving average of $30.35 and a 200-day simple moving average of $31.75. The stock has a market capitalization of $4.24 billion, a PE ratio of 23.86, a PEG ratio of 2.36 and a beta of 0.80. Box, Inc. has a 1 year low of $28.00 and a 1 year high of $38.80.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Weiss Ratings reiterated a "hold (c+)" rating on shares of BOX in a report on Monday, December 29th. DA Davidson reaffirmed a "buy" rating and set a $45.00 price objective on shares of BOX in a research report on Wednesday, December 3rd. Zacks Research lowered BOX from a "strong-buy" rating to a "hold" rating in a report on Friday, September 26th. Finally, UBS Group cut BOX from a "buy" rating to a "neutral" rating and cut their price target for the company from $42.00 to $36.00 in a research note on Thursday, September 18th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $38.00.
Get Our Latest Analysis on BOX
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd raised its stake in BOX by 7,130.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 723 shares of the software maker's stock worth $25,000 after acquiring an additional 713 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of BOX during the first quarter worth about $31,000. Salomon & Ludwin LLC acquired a new stake in shares of BOX during the third quarter worth about $32,000. Employees Retirement System of Texas purchased a new stake in shares of BOX in the 3rd quarter valued at about $35,000. Finally, CIBC Private Wealth Group LLC boosted its position in shares of BOX by 1,778.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,202 shares of the software maker's stock valued at $39,000 after purchasing an additional 1,138 shares during the period. Institutional investors and hedge funds own 86.74% of the company's stock.
BOX Company Profile
(
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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