Box, Inc. (NYSE:BOX – Get Free Report) CFO Dylan C. Smith sold 13,000 shares of BOX stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $32.89, for a total transaction of $427,570.00. Following the completion of the sale, the chief financial officer now owns 1,500,661 shares in the company, valued at $49,356,740.29. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
BOX Stock Performance
BOX stock traded down $0.20 during trading hours on Thursday, hitting $32.87. The company had a trading volume of 1,228,885 shares, compared to its average volume of 1,991,220. The firm has a market cap of $4.74 billion, a P/E ratio of 45.03 and a beta of 0.85. Box, Inc. has a 1 year low of $23.29 and a 1 year high of $33.45. The company has a 50-day moving average price of $28.53 and a two-hundred day moving average price of $27.54.
BOX (NYSE:BOX – Get Free Report) last posted its quarterly earnings results on Tuesday, August 27th. The software maker reported $0.44 EPS for the quarter, beating the consensus estimate of $0.40 by $0.04. BOX had a net margin of 13.94% and a negative return on equity of 14.41%. The business had revenue of $270.04 million during the quarter, compared to analyst estimates of $269.52 million. During the same quarter in the previous year, the business posted $0.01 EPS. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Box, Inc. will post 0.2 EPS for the current year.
Analyst Upgrades and Downgrades
View Our Latest Analysis on BOX
Institutional Investors Weigh In On BOX
Several hedge funds have recently modified their holdings of the business. Quarry LP raised its stake in shares of BOX by 324.6% during the 2nd quarter. Quarry LP now owns 1,418 shares of the software maker’s stock worth $37,000 after acquiring an additional 1,084 shares in the last quarter. TFO Wealth Partners LLC raised its stake in shares of BOX by 62,000.0% during the 4th quarter. TFO Wealth Partners LLC now owns 1,863 shares of the software maker’s stock worth $48,000 after acquiring an additional 1,860 shares in the last quarter. Toronto Dominion Bank bought a new position in shares of BOX during the 2nd quarter worth approximately $53,000. Nisa Investment Advisors LLC raised its stake in shares of BOX by 31.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 2,627 shares of the software maker’s stock worth $69,000 after acquiring an additional 632 shares in the last quarter. Finally, Quest Partners LLC bought a new position in shares of BOX during the 2nd quarter worth approximately $95,000. Hedge funds and other institutional investors own 86.74% of the company’s stock.
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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