Box Inc’s recently made public that its Chief Executive Officer Levie Aaron unloaded Company’s shares for reported $0.32 million on Mar 10 ’25. In the deal valued at $32.08 per share,10,000 shares were sold. As a result of this transaction, Levie Aaron now holds 2,979,780 shares worth roughly $92.34 million.
Then, Smith Dylan C sold 13,000 shares, generating $415,402 in total proceeds. Upon selling the shares at $31.95, the Chief Financial Officer now owns 1,440,684 shares.
Before that, AARON LEVIE bought 10,000 shares. Box Inc shares valued at $322,700 were divested by the Director at a price of $32.27 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 fall -0.80% to $30.99. Over the last five days, the stock has lost -3.61%. Box Inc shares have fallen nearly -1.93% since the year began. Nevertheless, the stocks have risen 4.13% 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 03/13/25. SMA at 50 days reached $32.70, while 200 days put it at $30.92.
Levels Of Support And Resistance For BOX Stock
The 24-hour chart illustrates a support level at 30.64, which if violated will result in even more drops to 30.29. On the upside, there is a resistance level at 31.36. A further resistance level may holdings at 31.73. The Relative Strength Index (RSI) on the 14-day chart is 36.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.10%. Stochastics %K at 15.31% 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 2025-02-28, growing by 0.88 million shares to a total of 15.43 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 14.55 million shares. There was a rise of 5.71%, which implies that there is a positive sentiment for the stock.
