Box Inc’s recent filing unveils that its Officer Nottebohm Olivia acquired Company’s shares for reported $0.19 million on Jan 21 ’25. In the deal valued at $31.91 per share,6,079 shares were bought.
Then, Smith Dylan C sold 13,000 shares, generating $403,650 in total proceeds. Upon selling the shares at $31.05, the Chief Financial Officer now owns 1,466,684 shares.
Before that, Berkovitch Eli sold 4,791 shares. Box Inc shares valued at $148,808 were divested by the VP Chief Acct Ofr & Controller at a price of $31.06 per share. As a result of the transaction, Berkovitch Eli now holds 132,741 shares, worth roughly $4.23 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 Tuesday, Box Inc [NYSE:BOX] saw its stock jump 1.05% to $31.86. Over the last five days, the stock has gained 1.85%. Box Inc shares have risen nearly 0.82% since the year began. Nevertheless, the stocks have risen 23.54% over the past one year. While a 52-week high of $35.74 was reached on 01/21/25, a 52-week low of $24.56 was recorded on 01/13/25. SMA at 50 days reached $32.78, while 200 days put it at $29.69.
Levels Of Support And Resistance For BOX Stock
The 24-hour chart illustrates a support level at 31.61, which if violated will result in even more drops to 31.37. On the upside, there is a resistance level at 32.12. A further resistance level may holdings at 32.38. The Relative Strength Index (RSI) on the 14-day chart is 49.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.20%. Stochastics %K at 68.02% indicates the stock is a holding.
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.
