On September 10, 2024, Dylan Smith, Chief Financial Officer of Box Inc (BOX, Financial), executed a sale of 13,000 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 1,500,661 shares of Box Inc.
Box Inc operates as a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The platform offers features such as file sharing, collaborating, and other tools for working with files that are stored in the cloud.
Over the past year, Dylan Smith has sold a total of 156,000 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend seen within Box Inc, where there have been 26 insider sells and no insider buys over the last year.
On the date of the sale, shares of Box Inc were priced at $32.89. This pricing gives the company a market cap of approximately $4.71 billion. The price-earnings ratio of Box Inc stands at 41.86, which is above the industry median of 25.56.
According to the GF Value, the intrinsic value estimate for Box Inc is $31.99 per share, making the stock Fairly Valued with a price-to-GF-Value ratio of 1.03. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of confidence levels concerning the company's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
