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

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 transaction of $370,600.00.

Box, Inc. (NYSE BOX) traded up 0.80% during midday trading on Tuesday, hitting $20.22. 2,277,619 shares of the stock traded hands. The firm’s market cap is $2.70 billion. The company’s 50 day moving average price is $18.73 and its 200 day moving average price is $18.73. Box, Inc. has a 12 month low of $13.56 and a 12 month high of $20.91.

Box (NYSE:BOX) last announced its quarterly earnings data on Wednesday, August 30th. The software maker reported ($0.11) earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $122.94 million for the quarter, compared to analyst estimates of $121.75 million. During the same quarter last year, the firm posted ($0.14) EPS. The firm’s revenue for the quarter was up 28.4% on a year-over-year basis. Equities research analysts predict that Box, Inc. will post ($0.45) earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Box by 79.0% in the 2nd quarter. Vanguard Group Inc. now owns 7,977,960 shares of the software maker’s stock worth $145,518,000 after acquiring an additional 3,521,030 shares during the last quarter. Bares Capital Management Inc. increased its stake in shares of Box by 2.7% in 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 during the last quarter. Wells Fargo & Company MN increased its stake in shares of Box by 3,627.5% in 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 during the last quarter. First Trust Advisors LP increased its stake 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 worth $52,154,000 after acquiring an additional 697,214 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake 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 worth $45,786,000 after acquiring an additional 965,800 shares during the last quarter. 57.37% of the stock is owned by institutional investors and hedge funds.

Several brokerages have weighed in on BOX. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $22.00 price target on shares of Box in a report on Monday. Canaccord Genuity lifted their price target on shares of Box from $24.00 to $25.00 and gave the company a “buy” rating in a report on Friday. Rosenblatt Securities reaffirmed a “buy” rating and set a $25.00 price target on shares of Box in a report on Monday, October 9th. Raymond James Financial, Inc. raised shares of Box from a “market perform” rating to an “outperform” rating and set a $26.00 price target on the stock in a report on Monday, September 25th. Finally, UBS AG raised shares of Box from a “market perform” rating to an “outperform” rating and set a $26.00 price target on the stock in a report on Monday, September 25th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $23.40.

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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