Rory O’driscoll Sells 600,000 Shares of Box, Inc. (BOX) Stock

Box, Inc. (NYSE:BOX) Director Rory O’driscoll sold 600,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $20.50, for a total transaction of $12,300,000.00. The sale was disclosed in a filing with the SEC, which is available through this link.

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

  • On Friday, September 29th, Rory O’driscoll sold 224,000 shares of BOX stock. The shares were sold at an average price of $19.22, for a total transaction of $4,305,280.00.
  • On Tuesday, September 26th, Rory O’driscoll sold 3,600 shares of BOX stock. The shares were sold at an average price of $18.51, for a total transaction of $66,636.00.
  • On Monday, September 25th, Rory O’driscoll sold 15,201 shares of BOX stock. The shares were sold at an average price of $18.56, for a total transaction of $282,130.56.
  • On Wednesday, September 27th, Rory O’driscoll sold 100,000 shares of BOX stock. The shares were sold at an average price of $18.56, for a total transaction of $1,856,000.00.
  • On Wednesday, September 20th, Rory O’driscoll sold 22,078 shares of BOX stock. The shares were sold at an average price of $18.10, for a total transaction of $399,611.80.
  • On Friday, September 22nd, Rory O’driscoll sold 115,000 shares of BOX stock. The shares were sold at an average price of $18.08, for a total transaction of $2,079,200.00.
  • On Tuesday, September 19th, Rory O’driscoll sold 233,066 shares of BOX stock. The shares were sold at an average price of $18.41, for a total transaction of $4,290,745.06.

Shares of Box, Inc. (NYSE:BOX) opened at $20.50 on Thursday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.02 and a quick ratio of 1.02. Box, Inc. has a 1 year low of $13.56 and a 1 year high of $24.10.

BOX (NYSE:BOX) last posted its earnings results on Wednesday, November 29th. The software maker reported ($0.13) EPS for the quarter, hitting analysts’ consensus estimates 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 net margin of 33.20% and a negative return on equity of 270.51%. The firm’s revenue was up 25.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.14) EPS. research analysts expect that Box, Inc. will post -1.17 EPS for the current fiscal year.

Several equities research analysts recently weighed in on the stock. Canaccord Genuity reissued a “buy” rating and set a $25.00 price target on shares of BOX in a research report on Thursday, November 30th. Oppenheimer reaffirmed a “buy” rating and issued a $24.00 target price on shares of BOX in a research report on Thursday, November 30th. JMP Securities lifted their target price on shares of BOX to $25.00 and gave the stock an “outperform” rating in a research report on Thursday, November 30th. Vetr raised shares of BOX from a “buy” rating to a “strong-buy” rating and set a $25.42 target price for the company in a research report on Wednesday, November 29th. Finally, Drexel Hamilton reaffirmed a “buy” rating and issued a $28.00 target price on shares of BOX in a research report on Monday, November 27th. Three investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $24.24.

Several institutional investors have recently modified their holdings of the company. Ameritas Investment Partners Inc. boosted its stake in shares of BOX by 81.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 6,896 shares of the software maker’s stock worth $126,000 after acquiring an additional 3,092 shares during the last quarter. Pacific Alternative Asset Management Company LLC boosted its stake in shares of BOX by 5.6% during the 2nd quarter. Pacific Alternative Asset Management Company LLC now owns 69,502 shares of the software maker’s stock worth $1,268,000 after acquiring an additional 3,695 shares during the last quarter. American International Group Inc. boosted its stake in shares of BOX by 8.1% during the 3rd quarter. American International Group Inc. now owns 52,673 shares of the software maker’s stock worth $1,018,000 after acquiring an additional 3,939 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of BOX by 24.2% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 25,980 shares of the software maker’s stock worth $474,000 after acquiring an additional 5,064 shares during the last quarter. Finally, Aspiriant LLC boosted its stake in shares of BOX by 17.6% during the 2nd quarter. Aspiriant LLC now owns 35,356 shares of the software maker’s stock worth $645,000 after acquiring an additional 5,298 shares during the last quarter. Institutional investors and hedge funds own 63.42% of the company’s stock.

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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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