Box Inc (NYSE:BOX) Director Josh Stein sold 20,000 shares of the stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $18.19, for a total transaction of $363,800.00. Following the completion of the sale, the director now directly owns 3,699 shares in the company, valued at $67,284.81. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Shares of BOX stock traded up $0.11 during mid-day trading on Wednesday, hitting $18.38. 2,077,000 shares of the stock were exchanged, compared to its average volume of 2,330,420. Box Inc has a twelve month low of $15.30 and a twelve month high of $29.79. The stock has a market capitalization of $2.71 billion, a P/E ratio of -19.15 and a beta of 1.50. The company has a debt-to-equity ratio of 10.68, a current ratio of 0.83 and a quick ratio of 0.83.
BOX (NYSE:BOX) last released its quarterly earnings results on Monday, June 3rd. The software maker reported ($0.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.02. BOX had a negative net margin of 21.37% and a negative return on equity of 446.05%. The company had revenue of $163.00 million for the quarter, compared to analysts’ expectations of $161.46 million. During the same period last year, the company earned ($0.07) EPS. The firm’s revenue for the quarter was up 16.0% compared to the same quarter last year. As a group, analysts forecast that Box Inc will post -0.94 EPS for the current year.
Several institutional investors have recently added to or reduced their stakes in BOX. Rhumbline Advisers boosted its stake in shares of BOX by 48.9% during the 4th quarter. Rhumbline Advisers now owns 168,770 shares of the software maker’s stock worth $2,849,000 after purchasing an additional 55,452 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of BOX by 22.8% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 17,905 shares of the software maker’s stock worth $302,000 after purchasing an additional 3,323 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in shares of BOX by 562.3% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 99,027 shares of the software maker’s stock worth $1,672,000 after purchasing an additional 84,074 shares during the last quarter. Lindbrook Capital LLC acquired a new stake in shares of BOX during the 4th quarter worth about $716,000. Finally, B & T Capital Management DBA Alpha Capital Management boosted its stake in shares of BOX by 7.8% during the 4th quarter. B & T Capital Management DBA Alpha Capital Management now owns 132,115 shares of the software maker’s stock worth $2,230,000 after purchasing an additional 9,561 shares during the last quarter. 66.95% of the stock is currently owned by institutional investors.
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BOX Company Profile
Box, Inc provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere or any device. The company's Software-as-a-Service platform enables users to collaborate on content internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security, and compliance features.
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