Box, Inc. (NYSE:BOX) COO Olivia Nottebohm Sells 6,079 Shares

Box, Inc. (NYSE:BOX) COO Olivia Nottebohm sold 6,079 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $34.42, for a total transaction of $209,239.18. Following the transaction, the chief operating officer now directly owns 440,988 shares of the company’s stock, valued at $15,178,806.96. This represents a 1.36 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Tuesday, January 21st, Olivia Nottebohm sold 6,079 shares of BOX stock. The shares were 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

BOX stock opened at $35.09 on Thursday. The business has a fifty day moving average price of $32.34 and a 200 day moving average price of $31.95. Box, Inc. has a fifty-two week low of $24.56 and a fifty-two week high of $35.74. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 43.86, a P/E/G ratio of 4.40 and a beta of 0.88.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. William Blair reaffirmed an “outperform” rating on shares of BOX in a research report on Thursday, November 14th. Citigroup raised their price objective on shares of BOX from $34.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. UBS Group upped their target price on shares of BOX from $34.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Royal Bank of Canada restated an “underperform” rating and set a $21.00 price target on shares of BOX in a research note on Wednesday, December 4th. Finally, StockNews.com downgraded BOX from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $35.89.

Institutional Trading of BOX

Large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its position in BOX by 5.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 7,807 shares of the software maker’s stock worth $247,000 after buying an additional 391 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of BOX by 19.3% in the fourth quarter. Farther Finance Advisors LLC now owns 2,579 shares of the software maker’s stock worth $81,000 after acquiring an additional 417 shares during the last quarter. Sanctuary Advisors LLC lifted its position in shares of BOX by 1.2% during the fourth quarter. Sanctuary Advisors LLC now owns 35,775 shares of the software maker’s stock worth $1,189,000 after purchasing an additional 423 shares in the last quarter. Aspiriant LLC grew its stake in shares of BOX by 5.0% during the fourth quarter. Aspiriant LLC now owns 9,048 shares of the software maker’s stock valued at $286,000 after purchasing an additional 427 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of BOX by 2.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 17,340 shares of the software maker’s stock valued at $548,000 after purchasing an additional 442 shares during the last quarter. Institutional investors 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.