Box Inc’s recent filing unveils that its Chief Operating Officer Nottebohm Olivia unloaded 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 sold. As a result of this transaction, Nottebohm Olivia now holds 440,988 shares worth roughly $14.45 million.
Then, Smith Dylan C sold 13,000 shares, generating $446,121 in total proceeds. Upon selling the shares at $34.32, the Chief Financial Officer now owns 1,453,684 shares.
Before that, Nottebohm Olivia bought 6,079 shares. Box Inc shares valued at $209,259 were divested by the Officer at a price of $34.42 per share.
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 0.18% to $32.76. Over the last five days, the stock has lost -1.65%. Box Inc shares have risen nearly 3.67% since the year began. Nevertheless, the stocks have risen 29.28% over the past one year. While a 52-week high of $35.74 was reached on 02/14/25, a 52-week low of $24.63 was recorded on 01/13/25. SMA at 50 days reached $32.75, while 200 days put it at $30.65.
Levels Of Support And Resistance For BOX Stock
The 24-hour chart illustrates a support level at 32.43, which if violated will result in even more drops to 32.10. On the upside, there is a resistance level at 33.08. A further resistance level may holdings at 33.40. The Relative Strength Index (RSI) on the 14-day chart is 41.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.53%. Stochastics %K at 12.14% indicates the stock is a buying.
