Daniel J. Levin Sells 5,000 Shares of Box Inc. (BOX) Stock
Box Inc. (NYSE:BOX) COO Daniel J. Levin sold 5,000 shares of the business’s stock in a transaction on Tuesday, October 11th. The shares were sold at an average price of $15.32, for a total value of $76,600.00. Following the completion of the transaction, the chief operating officer now owns 3,752 shares of the company’s stock, valued at $57,480.64. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Daniel J. Levin also recently made the following trade(s):
- On Tuesday, September 20th, Daniel J. Levin sold 5,000 shares of Box stock. The shares were sold at an average price of $14.61, for a total value of $73,050.00.
Box Inc. (NYSE:BOX) opened at 14.55 on Tuesday. Box Inc. has a 52-week low of $8.82 and a 52-week high of $16.59. The stock’s market capitalization is $1.84 billion. The firm has a 50-day moving average of $14.77 and a 200-day moving average of $12.56.
Box (NYSE:BOX) last posted its quarterly earnings data on Wednesday, August 31st. The company reported ($0.14) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.05. The company had revenue of $95.70 million for the quarter, compared to analysts’ expectations of $94.65 million. Box had a negative net margin of 52.12% and a negative return on equity of 133.73%. Box’s revenue for the quarter was up 30.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.28) earnings per share. On average, equities analysts expect that Box Inc. will post ($0.68) EPS for the current year.
Several research analysts have weighed in on the company. Zacks Investment Research downgraded Box from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 2nd. Vetr downgraded Box from a “strong-buy” rating to a “buy” rating and set a $11.67 price objective for the company. in a report on Tuesday, July 12th. Mitsubishi UFJ Financial Group assumed coverage on Box in a report on Friday, September 16th. They set a “neutral” rating and a $15.00 price objective for the company. Stifel Nicolaus restated a “hold” rating on shares of Box in a report on Thursday, September 1st. Finally, KeyCorp restated an “overweight” rating and set a $21.00 price objective on shares of Box in a report on Saturday, September 10th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. Box presently has an average rating of “Buy” and a consensus target price of $17.95.
Several hedge funds and other institutional investors have recently bought and sold shares of BOX. Vanguard Group Inc. boosted its position in Box by 18.8% in the second quarter. Vanguard Group Inc. now owns 2,496,539 shares of the company’s stock valued at $25,814,000 after buying an additional 395,010 shares during the period. Nationwide Fund Advisors boosted its position in Box by 277.2% in the second quarter. Nationwide Fund Advisors now owns 31,740 shares of the company’s stock valued at $328,000 after buying an additional 23,325 shares during the period. Oppenheimer & Co. Inc. bought a new position in Box during the second quarter valued at $192,000. Oxford Asset Management boosted its position in Box by 275.5% in the second quarter. Oxford Asset Management now owns 43,535 shares of the company’s stock valued at $450,000 after buying an additional 31,941 shares during the period. Finally, Quantbot Technologies LP boosted its position in Box by 11.7% in the second quarter. Quantbot Technologies LP now owns 17,786 shares of the company’s stock valued at $183,000 after buying an additional 1,860 shares during the period. Institutional investors own 26.92% of the company’s stock.
Box Company Profile
Box, Inc provides an enterprise content management platform that enables organizations of all sizes to manage enterprise content while allowing access and sharing of this content from anywhere, on any device. With the Company’s Software-as-a-Service (SaaS) cloud-based platform, users can collaborate on content both internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security and compliance features to comply with internal policies and industry regulations.
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