Trading Report: Today, Box Inc. (BOX) COO Daniel J. Levin Sold 5,000 Shares

Today, Box Inc. (BOX) COO Daniel J. Levin Sold 5,000 Shares

Box Inc. (NYSE:BOX) COO Daniel J. Levin sold 5,000 shares of the stock in a transaction that occurred on Tuesday, October 11th. The stock was sold at an average price of $15.32, for a total transaction of $76,600.00. Following the completion of the transaction, the chief operating officer now owns 3,752 shares in the company, valued at approximately $57,480.64. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Daniel J. Levin also recently made the following trade(s): On Tuesday, September 20th, Daniel J. Levin sold 5,000 shares of Box stock. The stock was sold at an average price of $14.61, for a total transaction of $73,050.00.

Box Inc. (NYSE:BOX) opened at 14.61 on Monday. The stock’s market capitalization is $1.85 billion. Box Inc. has a 1-year low of $8.82 and a 1-year high of $16.59. The firm’s 50-day moving average is $14.72 and its 200 day moving average is $12.54.

Box (NYSE:BOX) last announced its quarterly earnings results on Wednesday, August 31st. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.19) by $0.05. Box had a negative return on equity of 133.73% and a negative net margin of 52.12%. The company earned $95.70 million during the quarter, compared to the consensus estimate of $94.65 million. During the same period in the previous year, the company posted ($0.28) earnings per share. Box’s revenue for the quarter was up 30.2% on a year-over-year basis. Equities analysts anticipate that Box Inc. will post ($0.68) EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently made changes to their positions in BOX. Bares Capital Management Inc. increased its position in shares of Box by 48.6% in the second quarter. Bares Capital Management Inc. now owns 5,136,447 shares of the company’s stock worth $53,111,000 after buying an additional 1,680,699 shares during the last quarter. BlackRock Fund Advisors increased its position in shares of Box by 266.2% in the second quarter. BlackRock Fund Advisors now owns 1,151,475 shares of the company’s stock worth $11,906,000 after buying an additional 837,075 shares during the last quarter. Polar Capital LLP increased its position in shares of Box by 882.4% in the second quarter. Polar Capital LLP now owns 605,745 shares of the company’s stock worth $6,257,000 after buying an additional 544,085 shares during the last quarter. State Street Corp increased its position in shares of Box by 219.3% in the second quarter. State Street Corp now owns 738,667 shares of the company’s stock worth $7,636,000 after buying an additional 507,337 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Box by 18.8% in the second quarter. Vanguard Group Inc. now owns 2,496,539 shares of the company’s stock worth $25,814,000 after buying an additional 395,010 shares during the last quarter. 26.92% of the stock is owned by institutional investors.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Box from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 2nd. Vetr cut shares of Box from a “strong-buy” rating to a “buy” rating and set a $11.67 target price on the stock. in a research note on Tuesday, July 12th. Mitsubishi UFJ Financial Group assumed coverage on shares of Box in a research note on Friday, September 16th. They set a “neutral” rating and a $15.00 target price on the stock. Stifel Nicolaus restated a “hold” rating on shares of Box in a research note on Thursday, September 1st. Finally, KeyCorp restated an “overweight” rating and set a $21.00 target price on shares of Box in a research note on Saturday, September 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Box has a consensus rating of “Buy” and an average price target of $17.95.

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