Box, Inc. (NYSE:BOX) COO Daniel J. Levin sold 40,000 shares of the company’s 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 completion of the transaction, the chief operating officer now owns 3,752 shares of the company’s stock, valued at $71,025.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Box, Inc. (BOX) traded down 0.05% during trading on Thursday, reaching $19.84. The company had a trading volume of 879,677 shares. The firm’s market capitalization is $2.61 billion. Box, Inc. has a 12-month low of $10.51 and a 12-month high of $20.91. The firm’s 50 day moving average price is $18.78 and its 200 day moving average price is $17.57.

Box (NYSE:BOX) last issued its quarterly earnings data on Wednesday, May 31st. The software maker reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.01. The business had revenue of $117.20 million for the quarter, compared to analyst estimates of $114.70 million. Box had a negative return on equity of 187.98% and a negative net margin of 36.01%. Box’s quarterly revenue was up 29.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.18) EPS. Analysts anticipate that Box, Inc. will post ($0.46) earnings per share for the current year.

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A number of analysts have weighed in on the company. Oppenheimer Holdings, Inc. set a $21.00 price target on Box and gave the company a “buy” rating in a research report on Saturday, March 25th. Drexel Hamilton reiterated a “buy” rating and issued a $26.00 price target on shares of Box in a research report on Friday, March 31st. Rosenblatt Securities reiterated a “buy” rating and issued a $25.00 price target on shares of Box in a research report on Monday. Canaccord Genuity reiterated a “buy” rating and issued a $24.00 price target (up from $22.00) on shares of Box in a research report on Thursday, June 1st. Finally, Mitsubishi UFJ Financial Group Inc upgraded Box from a “neutral” rating to an “overweight” rating in a research report on Thursday, June 1st. Six investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Box presently has an average rating of “Buy” and an average price target of $22.24.

A number of large investors have recently modified their holdings of BOX. MARSHALL WACE ASIA Ltd purchased a new stake in shares of Box during the first quarter worth $21,283,000. Marshall Wace North America L.P. purchased a new stake in shares of Box during the first quarter worth $21,283,000. Renaissance Technologies LLC raised its stake in shares of Box by 453.9% in the first quarter. Renaissance Technologies LLC now owns 1,544,400 shares of the software maker’s stock worth $25,189,000 after buying an additional 1,265,600 shares in the last quarter. Cortina Asset Management LLC raised its stake in shares of Box by 439.7% in the first quarter. Cortina Asset Management LLC now owns 1,486,932 shares of the software maker’s stock worth $24,252,000 after buying an additional 1,211,434 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Box by 25.3% in the first quarter. Vanguard Group Inc. now owns 4,456,930 shares of the software maker’s stock worth $72,693,000 after buying an additional 900,522 shares in the last quarter. Institutional investors and hedge funds own 36.51% of the company’s stock.

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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