Box, Inc. (NYSE:BOX) Director Rory O’driscoll sold 233,066 shares of the company’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $18.41, for a total transaction of $4,290,745.06. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

  • 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.
  • On Thursday, June 22nd, Rory O’driscoll sold 332,992 shares of Box stock. The shares were sold at an average price of $19.04, for a total transaction of $6,340,167.68.

Box, Inc. (NYSE:BOX) opened at 17.84 on Thursday. The stock has a 50 day moving average price of $18.44 and a 200-day moving average price of $18.44. Box, Inc. has a one year low of $13.56 and a one year high of $18.81. The firm’s market cap is $2.37 billion.

Box (NYSE:BOX) last released its quarterly earnings data on Wednesday, August 30th. The software maker reported ($0.11) earnings per share for the quarter, beating 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 business 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 business posted ($0.14) EPS. Box’s revenue for the quarter was up 28.4% on a year-over-year basis. Analysts predict that Box, Inc. will post ($0.45) EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/rory-odriscoll-sells-233066-shares-of-box-inc-box-stock/1577032.html.

Several large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Box by 79.0% during the 2nd quarter. Vanguard Group Inc. now owns 7,977,960 shares of the software maker’s stock valued at $145,518,000 after purchasing an additional 3,521,030 shares in the last quarter. Bares Capital Management Inc. raised its position in Box by 2.7% in the 1st quarter. Bares Capital Management Inc. now owns 5,926,050 shares of the software maker’s stock valued at $96,654,000 after buying an additional 157,644 shares during the last quarter. Wells Fargo & Company MN raised its position in 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 valued at $63,162,000 after buying an additional 3,369,948 shares during the last quarter. First Trust Advisors LP raised its position in Box by 32.2% in the 2nd quarter. First Trust Advisors LP now owns 2,859,338 shares of the software maker’s stock valued at $52,154,000 after buying an additional 697,214 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in Box by 62.5% in the 2nd quarter. Renaissance Technologies LLC now owns 2,510,200 shares of the software maker’s stock valued at $45,786,000 after buying an additional 965,800 shares during the last quarter. Institutional investors and hedge funds own 57.40% of the company’s stock.

A number of analysts have commented on the stock. Stifel Nicolaus reaffirmed a “hold” rating and set a $17.00 price objective on shares of Box in a research note on Wednesday, August 16th. Drexel Hamilton reaffirmed a “buy” rating and set a $28.00 price objective (up from $26.00) on shares of Box in a research note on Thursday, June 1st. BidaskClub raised shares of Box from a “hold” rating to a “buy” rating in a research note on Wednesday, August 23rd. Canaccord Genuity reaffirmed a “buy” rating and set a $24.00 price objective (up from $22.00) on shares of Box in a research note on Thursday, June 1st. Finally, Mitsubishi UFJ Financial Group Inc raised shares of Box from a “neutral” rating to an “overweight” rating in a research note on Thursday, June 1st. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $22.52.

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)

Receive News & Ratings for Box Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Box Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.