Box Inc’s VP sells $173,259 in company stock

Eli Berkovitch, Vice President, Chief Accounting Officer, and Controller at Box Inc (NYSE:BOX), recently sold a portion of his holdings in the company. According to a recent filing, Berkovitch sold 5,651 shares of Class A Common Stock on March 24, 2025, at an average price of approximately $30.66 per share. This transaction amounted to a total value of $173,259. The sale comes at a time when Box maintains impressive gross profit margins of 79% and trades near its InvestingPro Fair Value, with the stock showing relatively low price volatility.

Following this sale, Berkovitch still holds 124,672 shares, some of which are represented by restricted stock units (RSUs). Each RSU entitles Berkovitch to one share of Box’s common stock, contingent upon meeting certain vesting conditions and maintaining continuous service with the company. According to InvestingPro, Box has been actively buying back shares, demonstrating management’s confidence in the company’s $4.45 billion market value. InvestingPro subscribers have access to 10+ additional exclusive insights about BOX, including detailed valuation metrics and growth forecasts.

In other recent news, Box, Inc. has garnered attention from several analyst firms following its annual investor day. DA Davidson has maintained a Buy rating with a price target of $45, expressing confidence in Box’s strategic direction and AI integration efforts. The firm highlighted Box’s robust fiscal year 2025 performance, driven by customer upgrades for AI features, and noted the company’s growing partnerships contributing to larger deals. Similarly, Citi reiterated a Buy rating with a $39 target, emphasizing Box’s evolving AI strategies and its medium-term guidance for 10-15% revenue growth and an improved free cash flow margin forecast. Raymond (NSE:RYMD) James also maintained an Outperform rating with a $38 target, underscoring Box’s advancements in AI and intelligent workflows, which are expected to enhance customer economics.

Box’s focus on AI and workflow automation has been a central theme across these analyses, with DA Davidson and Citi both noting the company’s potential for accelerating growth. Analysts have pointed out Box’s strategic positioning in handling unstructured data and the anticipated benefits of its AI initiatives. The company’s efforts to integrate AI into its services have been recognized as a significant factor in maintaining its competitive edge. Overall, these developments reflect a positive outlook from the analyst community on Box’s future performance and growth potential.

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