Box, Inc. (NYSE:BOX) Director Rory O’driscoll sold 224,000 shares of the firm’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $19.22, for a total transaction of $4,305,280.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Rory O’driscoll also recently made the following trade(s):

  • On Tuesday, September 26th, Rory O’driscoll sold 3,600 shares of Box stock. The shares were sold at an average price of $18.51, for a total transaction of $66,636.00.
  • On Monday, September 25th, Rory O’driscoll sold 15,201 shares of Box stock. The stock was sold at an average price of $18.56, for a total transaction of $282,130.56.
  • On Wednesday, September 27th, Rory O’driscoll sold 100,000 shares of Box stock. The stock was sold at an average price of $18.56, for a total transaction of $1,856,000.00.
  • On Wednesday, September 20th, Rory O’driscoll sold 22,078 shares of Box stock. The stock was sold at an average price of $18.10, for a total transaction of $399,611.80.
  • On Friday, September 22nd, Rory O’driscoll sold 115,000 shares of Box stock. The shares were sold at an average price of $18.08, for a total transaction of $2,079,200.00.
  • On Tuesday, September 19th, Rory O’driscoll sold 233,066 shares of Box stock. The shares were sold at an average price of $18.41, for a total transaction of $4,290,745.06.

Shares of Box, Inc. (NYSE BOX) opened at 18.79 on Tuesday. The firm has a 50-day moving average price of $18.42 and a 200-day moving average price of $18.42. The stock’s market capitalization is $2.51 billion. Box, Inc. has a 1-year low of $13.56 and a 1-year high of $19.44.

Box (NYSE:BOX) last released its quarterly earnings data on Wednesday, August 30th. The software maker reported ($0.11) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.13) by $0.02. The business had revenue of $122.94 million during the quarter, compared to analysts’ expectations of $121.75 million. Box had a negative net margin of 34.11% and a negative return on equity of 232.81%. The company’s revenue for the quarter was up 28.4% on a year-over-year basis. During the same period in the previous year, the company earned ($0.14) EPS. On average, equities research analysts forecast that Box, Inc. will post ($0.45) earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Box by 79.0% during the 2nd quarter. Vanguard Group Inc. now owns 7,977,960 shares of the software maker’s stock worth $145,518,000 after buying an additional 3,521,030 shares during the last quarter. Bares Capital Management Inc. boosted its position in shares of Box by 2.7% during the 1st quarter. Bares Capital Management Inc. now owns 5,926,050 shares of the software maker’s stock worth $96,654,000 after acquiring an additional 157,644 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Box by 3,627.5% during the 2nd quarter. Wells Fargo & Company MN now owns 3,462,849 shares of the software maker’s stock worth $63,162,000 after acquiring an additional 3,369,948 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Box by 32.2% in the 2nd quarter. First Trust Advisors LP now owns 2,859,338 shares of the software maker’s stock valued at $52,154,000 after acquiring an additional 697,214 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Box by 62.5% in the 2nd quarter. Renaissance Technologies LLC now owns 2,510,200 shares of the software maker’s stock valued at $45,786,000 after acquiring an additional 965,800 shares during the last quarter. Institutional investors own 57.37% of the company’s stock.

Several equities analysts recently issued reports on the stock. Oppenheimer Holdings, Inc. reissued an “outperform” rating and set a $22.00 price objective on shares of Box in a report on Sunday, September 3rd. Stifel Nicolaus restated a “hold” rating and set a $17.00 target price on shares of Box in a report on Wednesday, August 16th. Mitsubishi UFJ Financial Group upgraded Box to an “overweight” rating and upped their target price for the stock from $23.00 to $24.00 in a report on Thursday, August 31st. Rosenblatt Securities reaffirmed a “buy” rating and set a $25.00 target price on shares of Box in a research report on Monday, July 17th. Finally, Drexel Hamilton reaffirmed a “buy” rating and set a $28.00 target price on shares of Box in a research report on Monday, August 28th. Four research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $23.01.

About Box

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.

Insider Buying and Selling by Quarter for Box (NYSE:BOX)

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