Box, Inc. (NYSE:BOX) COO Sells $209,239.18 in Stock

Box, Inc. (NYSE:BOX - Get Free Report) COO Olivia Nottebohm sold 6,079 shares of the company's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $34.42, for a total value of $209,239.18. Following the transaction, the chief operating officer now owns 440,988 shares of the company's stock, valued at approximately $15,178,806.96. The trade was a 1.36 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Olivia Nottebohm also recently made the following trade(s):

• On Tuesday, January 21st, Olivia Nottebohm sold 6,079 shares of BOX stock. The stock was sold at an average price of $31.91, for a total value of $193,980.89.
• On Thursday, December 26th, Olivia Nottebohm sold 12,414 shares of BOX stock. The stock was sold at an average price of $31.85, for a total value of $395,385.90.

BOX Price Performance

Shares of BOX stock traded down $0.05 during trading on Friday, hitting $35.34. The stock had a trading volume of 1,072,138 shares, compared to its average volume of 1,336,192. The firm has a market cap of $5.08 billion, a P/E ratio of 44.17, a PEG ratio of 4.40 and a beta of 0.88. The business has a fifty day moving average of $32.46 and a two-hundred day moving average of $32.03. Box, Inc. has a fifty-two week low of $24.56 and a fifty-two week high of $35.74.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on BOX shares. StockNews.com downgraded BOX from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, January 8th. UBS Group boosted their price target on BOX from $34.00 to $42.00 and gave the stock a "buy" rating in a research report on Wednesday, December 4th. Citigroup boosted their price target on BOX from $34.00 to $40.00 and gave the stock a "buy" rating in a research report on Wednesday, December 4th. Royal Bank of Canada reiterated an "underperform" rating and set a $21.00 price target on shares of BOX in a research report on Wednesday, December 4th. Finally, Morgan Stanley boosted their price target on BOX from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $35.89.

Institutional Trading of BOX

Several institutional investors have recently modified their holdings of BOX. Itau Unibanco Holding S.A. acquired a new stake in shares of BOX during the third quarter worth $36,000. GAMMA Investing LLC raised its position in shares of BOX by 143.1% during the third quarter. GAMMA Investing LLC now owns 1,337 shares of the software maker's stock worth $44,000 after purchasing an additional 787 shares during the period. Smartleaf Asset Management LLC raised its position in shares of BOX by 715.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,162 shares of the software maker's stock worth $69,000 after purchasing an additional 1,897 shares during the period. TD Waterhouse Canada Inc. raised its position in shares of BOX by 42.4% during the fourth quarter. TD Waterhouse Canada Inc. now owns 2,194 shares of the software maker's stock worth $69,000 after purchasing an additional 653 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of BOX by 245.4% during the third quarter. Farther Finance Advisors LLC now owns 2,162 shares of the software maker's stock worth $71,000 after purchasing an additional 1,536 shares during the period. Institutional investors and hedge funds own 86.74% of the company's stock.

BOX Company Profile

Box, Inc engages in the provision of an enterprise content platform that enables organizations to securely manage enterprise content while allowing easy, secure access and sharing of this content from anywhere, on any device. Its products include cloud content management, IT and admin controls, Box Governance, Box Zones, Box Relay, Box Shuttle, and Box KeySafe.