Box Inc’s recent filing unveils that its Officer Berkovitch Eli acquired Company’s shares for reported $0.17 million on Mar 24 ’25. In the deal valued at $30.66 per share,5,651 shares were bought.
Then, Levie Aaron sold 10,000 shares, generating $320,820 in total proceeds. Upon selling the shares at $32.08, the Chief Executive Officer now owns 2,979,780 shares.
Before that, Smith Dylan C sold 13,000 shares. Box Inc shares valued at $415,402 were divested by the Chief Financial Officer at a price of $31.95 per share. As a result of the transaction, Smith Dylan C now holds 1,440,684 shares, worth roughly $44.39 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 1.45% to $30.81. Over the last five days, the stock has lost -0.58%. Box Inc shares have fallen nearly -2.50% since the year began. Nevertheless, the stocks have risen 8.72% 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 03/21/25. SMA at 50 days reached $32.63, while 200 days put it at $31.00.
Levels Of Support And Resistance For BOX Stock
The 24-hour chart illustrates a support level at 30.58, which if violated will result in even more drops to 30.34. On the upside, there is a resistance level at 31.00. A further resistance level may holdings at 31.18. The Relative Strength Index (RSI) on the 14-day chart is 38.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.65%. Stochastics %K at 14.59% 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.
