On November 13, 2024, Dana Evan, Director at Box Inc (BOX, Financial), executed a sale of 6,526 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 106,073 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, collaboration, and workflow management.
Over the past year, Dana Evan has sold a total of 29,052 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed at Box Inc, where there have been no insider buys but 27 insider sells over the past year.
Shares of Box Inc were trading at $35 on the day of the sale, giving the company a market cap of approximately $4.80 billion. The price-earnings ratio of the company stands at 42.44, which is above the industry median of 26.53.
The stock's valuation according to the GF Value is $32.35, leading to a price-to-GF-Value ratio of 1.08, indicating that the stock is Fairly Valued. The GF Value is a proprietary measure used to determine the fair value of a stock based on historical trading multiples, an adjustment factor based on past performance, and future business expectations.
This insider sale might interest investors tracking ownership changes and evaluating the company's current stock valuation metrics, such as the price-sales ratio, price-book ratio, and price-to-free cash flow.
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.
