The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Box Inc shares valued at $64,750 were sold by Nottebohm Olivia on Mar 25 ’25. At $30.76 per share, Nottebohm Olivia sold 2,105 shares. The insider’s holdings dropped to 427,113 shares worth approximately $13.51 million following the completion of this transaction.
Also, Berkovitch Eli sold 5,651 shares, netting a total of over 173,260 in proceeds. Following the sale of shares at $30.66 each, the insider now holds 124,672 shares.
Before that, Nottebohm Olivia had added 2,105 shares to its account. In a trade valued at $64,750, the Officer bought Box Inc shares for $30.76 each.
As published in their initiating research note from DA Davidson on December 18, 2024, Box Inc [BOX] has been a Buy and the price target has been revised to $45. Analysts at BofA Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in mid December. As of May 22, 2024, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for BOX. Earlier on December 15, 2023, UBS initiated its rating. Their recommendation was “a Buy” for BOX stock.
Analyzing BOX Stock Performance
During the last five days, there has been a surge of approximately 4.70%. Over the course of the year, Box Inc shares have jumped approximately 0.13%. Shares of the company reached a 52-week high of $35.45 on 02/14/25 and a 52-week low of $29.94 on 03/21/25. A 50-day SMA is recorded $32.63, while a 200-day SMA reached $31.06.
Support And Resistance Levels for Box Inc (BOX)
According to the 24-hour chart, there is a support level at 30.99, which, if violated, would cause prices to drop to 30.33. In the upper region, resistance lies at 31.97. The next price resistance is at 32.29. RSI (Relative Strength Index) is 48.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.16, which suggests the price will decrease in the coming days. Percent R is at 27.97%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
