Box, Inc. (NYSE:BOX) Director Rory O’driscoll sold 22,078 shares of the stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $18.10, for a total transaction of $399,611.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Friday, September 22nd, Rory O’driscoll sold 115,000 shares of Box stock. The stock was 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 stock was sold at an average price of $18.41, for a total transaction of $4,290,745.06.
  • On Tuesday, June 27th, Rory O’driscoll sold 274,756 shares of Box stock. The shares were sold at an average price of $19.34, for a total transaction of $5,313,781.04.

Shares of Box, Inc. (NYSE:BOX) traded up 4.01% on Friday, hitting $18.17. 5,463,517 shares of the stock were exchanged. The stock’s market cap is $2.42 billion. The stock’s 50-day moving average is $18.44 and its 200-day moving average is $18.44. Box, Inc. has a 1-year low of $13.56 and a 1-year high of $18.81.

Box (NYSE:BOX) last issued its earnings results on Wednesday, August 30th. The software maker reported ($0.11) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.02. The firm had revenue of $122.94 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 28.4% on a year-over-year basis. During the same quarter last year, the business earned ($0.14) earnings per share. Analysts forecast that Box, Inc. will post ($0.45) earnings per share for the current year.

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A number of research firms recently weighed in on BOX. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $22.00 target price on shares of Box in a research report on Sunday, September 3rd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $25.00 target price on shares of Box in a research report on Friday, September 1st. Mitsubishi UFJ Financial Group raised shares of Box to an “overweight” rating and raised their target price for the company from $23.00 to $24.00 in a research report on Thursday, August 31st. Drexel Hamilton reaffirmed a “buy” rating and issued a $28.00 target price on shares of Box in a research report on Monday, August 28th. Finally, BidaskClub raised shares of Box from a “hold” rating to a “buy” rating in a research report on Wednesday, August 23rd. Five analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Box has an average rating of “Buy” and an average price target of $22.52.

A number of large investors have recently modified their holdings of the business. Verition Fund Management LLC bought a new position in Box during the second quarter worth about $288,000. Crosslink Capital Inc. boosted its position in Box by 95.4% during the second quarter. Crosslink Capital Inc. now owns 1,332,742 shares of the software maker’s stock worth $24,309,000 after purchasing an additional 650,712 shares during the period. Sterling Capital Management LLC boosted its position in Box by 19.0% during the second quarter. Sterling Capital Management LLC now owns 102,761 shares of the software maker’s stock worth $1,874,000 after purchasing an additional 16,408 shares during the period. Ameritas Investment Partners Inc. boosted its position 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 during the period. Finally, California State Teachers Retirement System boosted its position in Box by 44.8% during the second quarter. California State Teachers Retirement System now owns 139,206 shares of the software maker’s stock worth $2,539,000 after purchasing an additional 43,043 shares during the period. Hedge funds and other institutional investors own 57.40% 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.

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

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