Box, Inc. (NYSE:BOX) Director Daniel J. Levin sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $19.95, for a total value of $997,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Daniel J. Levin also recently made the following trade(s):

  • On Friday, September 15th, Daniel J. Levin sold 20,000 shares of Box stock. The shares were sold at an average price of $18.53, for a total value of $370,600.00.

Shares of Box, Inc. (BOX) opened at 20.22 on Wednesday. The firm’s market cap is $2.70 billion. Box, Inc. has a 12-month low of $13.56 and a 12-month high of $20.91. The company has a 50 day moving average price of $18.73 and a 200-day moving average price of $18.73.

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

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A number of large investors have recently made changes to their positions in BOX. Ameritas Investment Partners Inc. raised its holdings in Box by 81.3% during the second quarter. Ameritas Investment Partners Inc. now owns 6,896 shares of the software maker’s stock worth $126,000 after purchasing an additional 3,092 shares in the last quarter. Hillsdale Investment Management Inc. bought a new stake in Box during the second quarter worth approximately $155,000. Two Sigma Securities LLC bought a new stake in Box during the first quarter worth approximately $177,000. BNP Paribas Arbitrage SA raised its holdings in Box by 843.7% during the second quarter. BNP Paribas Arbitrage SA now owns 9,786 shares of the software maker’s stock worth $178,000 after purchasing an additional 8,749 shares in the last quarter. Finally, StepStone Group LP bought a new stake in Box during the second quarter worth approximately $180,000. 57.37% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have commented on BOX. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $22.00 price objective on shares of Box in a research note on Monday. Mitsubishi UFJ Financial Group raised Box to an “overweight” rating and increased their target price for the stock from $23.00 to $24.00 in a research note on Thursday, August 31st. Rosenblatt Securities reissued a “buy” rating and set a $25.00 target price on shares of Box in a research note on Friday, September 1st. Drexel Hamilton reissued a “buy” rating and set a $28.00 target price on shares of Box in a research note on Monday, August 28th. Finally, BidaskClub raised Box from a “hold” rating to a “buy” rating in a research note on Wednesday, August 23rd. Three equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $23.40.

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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