Olivia Nottebohm Sells 4,612 Shares of BOX (NYSE:BOX) Stock

Key Points

  • COO Olivia Nottebohm sold 4,612 shares of BOX on March 6 at an average price of $25.78 for $118,897.36, trimming her stake by 0.98% to 465,219 shares (≈$11.99M); she made similar 4,612-share sales in January and December.
  • Box beat quarterly expectations with $0.49 EPS vs. $0.33 consensus and revenue of $305.88M (up 9.4% year-over-year), while reporting a 9.8% net margin and a negative return on equity of 23.61%.
  • Shares opened at $25.42 (12‑month range $21.61–$38.80) with a $3.64B market cap; analysts show mixed views (5 Buy, 3 Hold, 1 Sell) and a consensus price target of $36.29, yielding an overall "Hold" rating.

Box, Inc. (NYSE:BOX - Get Free Report) COO Olivia Nottebohm sold 4,612 shares of BOX stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $25.78, for a total transaction of $118,897.36. Following the sale, the chief operating officer directly owned 465,219 shares of the company's stock, valued at $11,993,345.82. This represents a 0.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Olivia Nottebohm also recently made the following trade(s):

  • On Wednesday, January 21st, Olivia Nottebohm sold 4,612 shares of BOX stock. The stock was sold at an average price of $26.04, for a total value of $120,096.48.
  • On Friday, December 26th, Olivia Nottebohm sold 4,612 shares of BOX stock. The stock was sold at an average price of $29.84, for a total value of $137,622.08.

BOX Stock Down 0.9%

Shares of NYSE BOX opened at $25.42 on Tuesday. Box, Inc. has a twelve month low of $21.61 and a twelve month high of $38.80. The firm has a market cap of $3.64 billion, a PE ratio of 43.08, a price-to-earnings-growth ratio of 1.34 and a beta of 0.80. The business has a fifty day simple moving average of $25.75 and a two-hundred day simple moving average of $29.59.




BOX (NYSE:BOX - Get Free Report) last posted its quarterly earnings results on Tuesday, March 3rd. The software maker reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.16. The business had revenue of $305.88 million for the quarter, compared to the consensus estimate of $305.64 million. BOX had a negative return on equity of 23.61% and a net margin of 9.80%.The business's revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.42 EPS. On average, research analysts expect that Box, Inc. will post 0.27 earnings per share for the current year.

Institutional Investors Weigh In On BOX

Institutional investors have recently added to or reduced their stakes in the stock. First Horizon Corp grew its stake in BOX by 148.1% in the fourth quarter. First Horizon Corp now owns 831 shares of the software maker's stock valued at $25,000 after purchasing an additional 496 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of BOX during the fourth quarter valued at about $26,000. Geneos Wealth Management Inc. purchased a new stake in shares of BOX during the first quarter valued at about $31,000. Salomon & Ludwin LLC bought a new stake in shares of BOX in the 3rd quarter valued at about $32,000. Finally, Employees Retirement System of Texas purchased a new position in shares of BOX in the 3rd quarter worth approximately $35,000. Institutional investors own 86.74% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BOX. DA Davidson reiterated a "buy" rating and set a $45.00 target price on shares of BOX in a report on Wednesday, December 3rd. Citigroup lowered their price target on shares of BOX from $40.00 to $36.00 and set a "buy" rating for the company in a research report on Wednesday, March 4th. Weiss Ratings reiterated a "hold (c+)" rating on shares of BOX in a research note on Monday, December 29th. Finally, UBS Group cut their price objective on shares of BOX from $31.00 to $28.00 and set a "hold" rating on the stock in a report on Wednesday, March 4th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $36.29.

View Our Latest Stock Analysis on BOX

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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