Rory O’driscoll Sells 592,309 Shares of Box, Inc. (BOX) Stock

Box, Inc. (NYSE:BOX) Director Rory O’driscoll sold 592,309 shares of BOX stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $20.88, for a total value of $12,367,411.92. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

  • On Tuesday, December 19th, Rory O’driscoll sold 184,000 shares of BOX stock. The stock was sold at an average price of $20.97, for a total value of $3,858,480.00.
  • On Tuesday, December 5th, Rory O’driscoll sold 600,000 shares of BOX stock. The stock was sold at an average price of $20.50, for a total value of $12,300,000.00.
  • On Friday, September 29th, Rory O’driscoll sold 224,000 shares of BOX stock. The stock was sold at an average price of $19.22, for a total value of $4,305,280.00.
  • On Tuesday, September 26th, Rory O’driscoll sold 3,600 shares of BOX stock. The stock was sold at an average price of $18.51, for a total value of $66,636.00.
  • On Monday, September 25th, Rory O’driscoll sold 15,201 shares of BOX stock. The stock was sold at an average price of $18.56, for a total value of $282,130.56.
  • On Wednesday, September 27th, Rory O’driscoll sold 100,000 shares of BOX stock. The stock was sold at an average price of $18.56, for a total value of $1,856,000.00.
  • On Friday, September 22nd, Rory O’driscoll sold 115,000 shares of BOX stock. The stock was sold at an average price of $18.08, for a total value of $2,079,200.00.

Shares of Box, Inc. (BOX) opened at $20.64 on Friday. The company has a market capitalization of $2,848.07, a price-to-earnings ratio of -17.20 and a beta of 1.22. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.00 and a quick ratio of 1.00. Box, Inc. has a 1 year low of $13.56 and a 1 year high of $24.10.

BOX (NYSE:BOX) last announced its quarterly earnings data on Wednesday, November 29th. The software maker reported ($0.13) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.13). The business had revenue of $129.30 million during the quarter, compared to the consensus estimate of $128.67 million. BOX had a negative return on equity of 313.90% and a negative net margin of 33.20%. The business’s revenue for the quarter was up 25.8% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.14) earnings per share. analysts expect that Box, Inc. will post -1.17 EPS for the current year.

Large investors have recently made changes to their positions in the company. Jasper Ridge Partners L.P. grew its position in BOX by 54.0% during the second quarter. Jasper Ridge Partners L.P. now owns 40,783 shares of the software maker’s stock valued at $744,000 after acquiring an additional 14,305 shares during the period. JPMorgan Chase & Co. grew its position in BOX by 3,041.0% during the second quarter. JPMorgan Chase & Co. now owns 1,366,608 shares of the software maker’s stock valued at $24,927,000 after acquiring an additional 1,323,099 shares during the period. State Street Corp grew its position in BOX by 56.7% during the second quarter. State Street Corp now owns 1,372,520 shares of the software maker’s stock valued at $25,034,000 after acquiring an additional 496,588 shares during the period. Baltimore Washington Financial Advisors Inc. grew its position in BOX by 12.1% during the third quarter. Baltimore Washington Financial Advisors Inc. now owns 186,385 shares of the software maker’s stock valued at $3,601,000 after acquiring an additional 20,160 shares during the period. Finally, Lucha Capital Management LP purchased a new stake in BOX during the second quarter valued at about $7,200,000. 62.23% of the stock is owned by institutional investors and hedge funds.

BOX has been the subject of several research reports. Canaccord Genuity lifted their price objective on BOX from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, October 13th. Drexel Hamilton reissued a “buy” rating and set a $28.00 price target on shares of BOX in a research report on Monday, August 28th. Rosenblatt Securities reissued a “buy” rating and set a $25.00 price target on shares of BOX in a research report on Friday, September 1st. Mitsubishi UFJ Financial Group raised BOX to an “overweight” rating and raised their price target for the stock from $23.00 to $24.00 in a research report on Thursday, August 31st. Finally, Vetr raised BOX from a “buy” rating to a “strong-buy” rating and set a $25.42 price target for the company in a research report on Wednesday, November 29th. Three analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $24.24.

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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)

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