Key Points
- CFO Dylan Smith sold 17,000 shares on Feb. 10 at an average price of $24.75 for a total of $420,750, leaving him with 1,311,195 shares (a 1.28% reduction in ownership).
- Box shares recently opened around $23.29, trade in a 52-week range of $22.98–$38.80, and the company has a market cap of $3.34 billion with a PE of 18.78 and PEG of 1.40.
- Analysts are mixed—five Buys, three Holds and one Sell—resulting in a MarketBeat consensus rating of Hold and an average price target of $38.00.
Box, Inc. (NYSE:BOX - Get Free Report) CFO Dylan Smith sold 17,000 shares of the company's stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $24.75, for a total value of $420,750.00. Following the completion of the sale, the chief financial officer owned 1,311,195 shares of the company's stock, valued at $32,452,076.25. This trade represents a 1.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
BOX Stock Performance
NYSE BOX opened at $23.29 on Thursday. The business's fifty day moving average is $28.17 and its 200 day moving average is $30.63. Box, Inc. has a fifty-two week low of $22.98 and a fifty-two week high of $38.80. The company has a market capitalization of $3.34 billion, a PE ratio of 18.78, a price-to-earnings-growth ratio of 1.40 and a beta of 0.79.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on BOX shares. DA Davidson reiterated a "buy" rating and set a $45.00 price objective on shares of BOX in a research note on Wednesday, December 3rd. Weiss Ratings reiterated a "hold (c+)" rating on shares of BOX in a research report on Monday, December 29th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $38.00.
Read Our Latest Stock Report on BOX
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Illinois Municipal Retirement Fund boosted its stake in BOX by 0.7% in the 4th quarter. Illinois Municipal Retirement Fund now owns 75,955 shares of the software maker's stock worth $2,272,000 after purchasing an additional 552 shares during the period. CenterBook Partners LP lifted its holdings in shares of BOX by 36.0% in the fourth quarter. CenterBook Partners LP now owns 137,286 shares of the software maker's stock worth $4,106,000 after buying an additional 36,332 shares in the last quarter. Total Wealth Planning & Management Inc. purchased a new position in shares of BOX in the fourth quarter worth $202,000. Vise Technologies Inc. boosted its position in shares of BOX by 7.6% during the fourth quarter. Vise Technologies Inc. now owns 13,163 shares of the software maker's stock worth $394,000 after acquiring an additional 934 shares during the last quarter. Finally, State of Wyoming grew its stake in BOX by 160.7% during the fourth quarter. State of Wyoming now owns 4,091 shares of the software maker's stock valued at $122,000 after acquiring an additional 2,522 shares in the last quarter. 86.74% of the stock is owned by hedge funds and other institutional investors.
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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