On November 11, 2024, Dylan Smith, Chief Financial Officer of Box Inc (BOX, Financial), executed a sale of 13,000 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this transaction, the insider now owns 1,461,509 shares of Box Inc.
Box Inc operates as a cloud content management and file sharing service for businesses. The company's platform allows users to collaborate on content both internally and with external parties, automate workflows, and secure their content.
The shares were sold at a price of $34.21 each, placing the total value of the transaction at approximately $444,730. After this sale, the insider's stake in the company is valued based on the current stock price.
Over the past year, Dylan Smith has sold a total of 156,000 shares of Box Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 25 insider sells and no insider buys over the last year.
As of the date of the sale, Box Inc has a market cap of approximately $4.97 billion. The stock's price-earnings ratio stands at 43.89, which is above the industry median of 26.85. The GF Value of the stock is $32.35, indicating that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.06.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale may be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics in relation to its current trading price.
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.
