Box Inc’s recently made public that its Officer Nottebohm Olivia acquired Company’s shares for reported $0.21 million on Feb 10 ’25. In the deal valued at $34.42 per share,6,079 shares were bought.
Then, Smith Dylan C bought 13,000 shares, generating $446,115 in total proceeds.
Before that, Nottebohm Olivia sold 6,079 shares. Box Inc shares valued at $193,981 were divested by the Chief Operating Officer at a price of $31.91 per share. As a result of the transaction, Nottebohm Olivia now holds 447,067 shares, worth roughly $15.51 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 Monday, Box Inc [NYSE:BOX] saw its stock jump 1.20% to $34.70. Over the last five days, the stock has gained 3.49%. Box Inc shares have risen nearly 9.81% since the year began. Nevertheless, the stocks have risen 28.23% over the past one year. While a 52-week high of $35.74 was reached on 02/07/25, a 52-week low of $24.56 was recorded on 01/13/25. SMA at 50 days reached $32.56, while 200 days put it at $30.12.
Levels Of Support And Resistance For BOX Stock
The 24-hour chart illustrates a support level at 34.38, which if violated will result in even more drops to 34.07. On the upside, there is a resistance level at 34.89. A further resistance level may holdings at 35.09. The Relative Strength Index (RSI) on the 14-day chart is 71.74, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.27, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.28%. Stochastics %K at 91.92% indicates the stock is a selling.
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.
