In a report issued on November 27, Brian White from Monness maintained a Hold rating on Box (BOX). The company’s shares closed last Friday at $18.46.
According to TipRanks.com, White is a top 100 analyst with an average return of 30.9% and a 77.6% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Slack Technologies, and Alphabet Class A.
Currently, the analyst consensus on Box is a Moderate Buy with an average price target of $24.00.
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Box’s market cap is currently $2.84B and has a P/E ratio of -26.40. The company has a Price to Book ratio of 211.86.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BOX in relation to earlier this year. Most recently, in August 2020, Daniel Levin, a Director at BOX sold 100,000 shares for a total of $2,023,000.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Box, Inc. engages in the provision of enterprise content platform that enables organizations to securely manage enterprise content while allowing easy, secure access and sharing of this content from anywhere, on any device. Its products include cloud content management, IT and admin controls, box governance, box zones, box relay, box shuttle, box keysafe and automations. The company was founded by Aaron Levie, Dylan Smith, Jeff Queisser and Sam Ghods in March 2005 and is headquartered in Redwood City, CA.
