TSX lower after index logs fresh record closing high
Dylan C. Smith, Chief Financial Officer of BOX INC (NYSE:BOX), a cloud content management company with a market capitalization of $4.79 billion, sold 51,000 shares of Class A Common Stock on September 10, 2025, for a total of $1.67 million.
The shares were sold at a weighted average price of $32.832, with individual sales prices ranging from $32.61 to $33.475. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 29, 2025. According to InvestingPro, Box stock generally trades with low price volatility and currently maintains impressive gross profit margins of 79%.
Following the transaction, Smith directly owns 1,480,732 shares of Box Inc., some of which are represented by restricted stock units. The company currently trades at a P/E ratio of 26.3 and maintains a "GREAT" overall financial health score based on InvestingPro’s comprehensive analysis.
In other recent news, Box Inc. reported its second-quarter earnings for fiscal year 2026, surpassing analyst expectations with an earnings per share (EPS) of $0.33, against a forecast of $0.31. Revenue also exceeded projections, reaching $294 million compared to the anticipated $290.78 million. Following these results, DA Davidson reiterated its Buy rating and maintained a $45 price target for Box, highlighting the company’s raised outlook for the year and strong demand for its Enterprise Advanced tier. Similarly, Raymond James upheld its Outperform rating with a $42 price target after Box’s second-quarter results exceeded expectations across all metrics, including a 3% beat on billings. Meanwhile, RBC Capital raised its price target on Box to $26 from $24, despite maintaining an Underperform rating, citing the company’s solid Q2 performance. Box’s revenue outperformed Street expectations by 1.1%, and its billings exceeded analyst consensus by 3.4%. These developments reflect the company’s ongoing growth and strong financial performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.