Box Inc (BOX): Jeff Mannie , VP Controller & Chief Acct Ofr of Box Inc sold 3,756 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 28, 2016 to the Securities and Exchange Commission. The shares were sold at $14.67 per share for a total value of $55,111.79 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 22, 2016, Daniel J Levin (President & COO) sold 5,000 shares at $14.60 per share price.On Oct 9, 2015, Josh Stein (director) purchased 5,000 shares at $12.14 per share price.Also, On Oct 9, 2015, Aaron Levie (CEO) purchased 25,000 shares at $12.34 per share price.
Box Inc: On Tuesday, Sep 27, 2016 heightened volatility was witnessed in Box Inc which led to swings in the share price. The shares opened for trading at $14.6 and hit $14.85 on the upside , eventually ending the session at $14.85, with a gain of 1.71% or 0.25 points. The heightened volatility saw the trading volume jump to 9,38,890 shares. The 52-week high of the share price is $14.937 and the company has a market cap of $1,897 M . The 52-week low of the share price is at $8.82.
Company has been under the radar of several Street Analysts.Box Inc is Initiated by Rosenblatt to Buy and the brokerage firm has set the Price Target at $25. The Rating was issued on Sep 26, 2016.
Box Inc. provides a cloud-based mobile-optimized Enterprise Content Collaboration platform. The Company’s platform enables organizations to manage their content. Its platform enables users to collaborate on content both internally and externally build workflows and deploy compliance and security features. The Company’s platform works across multiple file formats application environments operating systems and devices. The Company also delivers industry-specific solutions that focus on customers in industries such as healthcare and life sciences financial services legal services media and entertainment retail education energy and Government. The Company’s platform integrates with the applications of its technology partners including salesforce.com NetSuite and others. Its Box OneCloud ecosystem provides users with access to around 1300 iOS and Android third-party applications.