Headlines about Box (NYSE:BOX) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Box earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 44.4185061106602 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media stories that may have impacted Accern’s scoring:

BOX has been the subject of a number of research analyst reports. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $22.00 price objective on shares of Box in a research report on Sunday, September 3rd. Stifel Nicolaus reiterated a “hold” rating and set a $17.00 price objective on shares of Box in a research report on Wednesday, August 16th. Mitsubishi UFJ Financial Group upgraded shares of Box to an “overweight” rating and upped their price objective for the stock from $23.00 to $24.00 in a research report on Thursday, August 31st. Rosenblatt Securities reiterated a “buy” rating and set a $25.00 price objective on shares of Box in a research report on Monday, July 17th. Finally, Drexel Hamilton reiterated a “buy” rating and set a $28.00 price objective on shares of Box in a research report on Monday, August 28th. Three investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $23.32.

Shares of Box (NYSE BOX) opened at 19.16 on Thursday. Box has a 1-year low of $13.56 and a 1-year high of $19.44. The company’s market capitalization is $2.56 billion. The stock has a 50 day moving average of $18.51 and a 200-day moving average of $18.51.

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

In related news, COO Daniel J. Levin sold 40,000 shares of Box stock in a transaction on Monday, July 17th. The shares were sold at an average price of $18.93, for a total value of $757,200.00. Following the transaction, the chief operating officer now directly owns 3,752 shares of the company’s stock, valued at $71,025.36. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Rory O’driscoll sold 115,000 shares of Box stock in a transaction on Friday, September 22nd. The stock was sold at an average price of $18.08, for a total transaction of $2,079,200.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 986,534 shares of company stock worth $18,436,451. 22.30% of the stock is owned by insiders.

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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.

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

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