Box Inc CFO Dylan Smith Sells 13,000 Shares
On January 10, 2024, Dylan Smith, the Chief Financial Officer of Box Inc (NYSE:BOX), sold 13,000 shares of the company's stock. The transaction was filed with the SEC and can be found in detail here.
Box Inc is 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.
Over the past year, the insider has sold a total of 156,000 shares and has not made any purchases of the company's stock. The recent sale by the insider is part of a trend observed over the past year, where there have been 20 insider sells and no insider buys.
On the day of the sale, shares of Box Inc were trading at $24.91, giving the company a market capitalization of $3.676 billion. The price-earnings ratio of the stock stood at 128.00, which is above the industry median of 26.82 but below the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a share price of $24.91 and a GF Value of $31.88, Box Inc's price-to-GF-Value ratio is 0.78, indicating that the stock is modestly undervalued.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
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.
This article first appeared on GuruFocus.
