Box Inc’s recently made public that its Officer Berkovitch Eli acquired Company’s shares for reported $0.15 million on Jan 10 ’25. In the deal valued at $31.06 per share,4,791 shares were bought.
Then, Smith Dylan C bought 13,000 shares, generating $403,644 in total proceeds.
Before that, Nottebohm Olivia sold 12,414 shares. Box Inc shares valued at $395,386 were divested by the Chief Operating Officer at a price of $31.85 per share. As a result of the transaction, Nottebohm Olivia now holds 453,146 shares, worth roughly $13.97 million.
DA Davidson initiated its Box Inc [BOX] rating to a Buy in a research note published on December 18, 2024; the price target was $45. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Morgan Stanley also remained covering BOX and has decreased its forecast on May 22, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. UBS started covering the stock on December 15, 2023. It rated BOX as “a Buy”.
Price Performance Review of BOX
On Friday, Box Inc [NYSE:BOX] saw its stock fall -1.60% to $30.82. Over the last five days, the stock has lost -1.66%. Box Inc shares have fallen nearly -2.47% since the year began. Nevertheless, the stocks have risen 22.98% over the past one year. While a 52-week high of $35.74 was reached on 01/02/25, a 52-week low of $24.56 was recorded on 01/10/25. SMA at 50 days reached $32.86, while 200 days put it at $29.59.
Levels Of Support And Resistance For BOX Stock
The 24-hour chart illustrates a support level at 30.62, which if violated will result in even more drops to 30.42. On the upside, there is a resistance level at 31.12. A further resistance level may holdings at 31.42. The Relative Strength Index (RSI) on the 14-day chart is 32.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.51%. Stochastics %K at 17.04% indicates the stock is a buying.
How much short interest is there in Box Inc?
A steep rise in short interest was recorded in Box Inc stocks on 2024-11-15, growing by 2.42 million shares to a total of 17.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 15.1 million shares. There was a rise of 13.8%, which implies that there is a positive sentiment for the stock.
