Box, Inc. (NYSE:BOX – Get Free Report) Director Daniel J. Levin sold 73,660 shares of BOX stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $28.40, for a total transaction of $2,091,944.00. Following the completion of the sale, the director now owns 43,940 shares in the company, valued at $1,247,896. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
BOX Stock Performance
NYSE:BOX opened at $28.40 on Thursday. Box, Inc. has a one year low of $23.29 and a one year high of $31.94. The firm has a market cap of $4.10 billion, a P/E ratio of 42.39, a P/E/G ratio of 8.64 and a beta of 0.83. The firm has a 50-day simple moving average of $27.18 and a 200-day simple moving average of $25.89.
BOX (NYSE:BOX – Get Free Report) last posted its quarterly earnings results on Tuesday, March 5th. The software maker reported $0.09 EPS for the quarter, beating the consensus estimate of $0.02 by $0.07. The business had revenue of $262.88 million during the quarter, compared to analyst estimates of $262.92 million. BOX had a net margin of 12.43% and a negative return on equity of 9.46%. On average, research analysts predict that Box, Inc. will post 0.16 EPS for the current fiscal year.
Institutional Inflows and Outflows
Analyst Ratings Changes
A number of analysts have recently weighed in on the stock. TheStreet upgraded shares of BOX from a “c” rating to a “b” rating in a report on Tuesday, March 5th. Citigroup lifted their price target on shares of BOX from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, March 6th. KeyCorp dropped their price target on shares of BOX from $33.00 to $30.00 and set an “overweight” rating for the company in a research note on Wednesday, December 6th. JPMorgan Chase & Co. boosted their price objective on shares of BOX from $31.00 to $32.00 and gave the company an “overweight” rating in a research report on Wednesday, March 6th. Finally, JMP Securities reissued a “market outperform” rating and issued a $32.00 price objective on shares of BOX in a research report on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.89.
View Our Latest Analysis on BOX
BOX Company Profile
Box, Inc provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company's Software-as-a-Service platform enables users to work with their content as they need from secure external collaboration and sharing, workspaces and portals, e-signature processes, and content workflows improving employee productivity and accelerating business processes.
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