Key Points
- BOX COO Olivia Nottebohm sold 5,834 shares at an average price of $30.13, generating approximately $175,778. After the sale, she retained 519,216 shares valued at about $15.6 million.
- BOX reported quarterly results ahead of expectations, with EPS of $0.37 versus a $0.36 consensus estimate and revenue of $305.94 million. Revenue increased 10.7% year over year.
- Shares opened at $31.54, near their one-year high of $33.88, while analysts maintain an average “Hold” rating and a $35.33 price target; institutional investors own 86.74% of the stock.
Box, Inc. (NYSE:BOX - Get Free Report) COO Olivia Nottebohm sold 5,834 shares of the company's stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $30.13, for a total transaction of $175,778.42. Following the completion of the transaction, the chief operating officer owned 519,216 shares in the company, valued at approximately $15,643,978.08. This trade represents a 1.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Olivia Nottebohm also recently made the following trade(s):
- On Wednesday, June 10th, Olivia Nottebohm sold 6,528 shares of BOX stock. The stock was sold at an average price of $26.17, for a total transaction of $170,837.76.
- On Friday, May 8th, Olivia Nottebohm sold 12,470 shares of BOX stock. The stock was sold at an average price of $25.17, for a total transaction of $313,869.90.
- On Friday, May 1st, Olivia Nottebohm sold 5,942 shares of BOX stock. The shares were sold at an average price of $25.00, for a total transaction of $148,550.00.
BOX Stock Performance
Shares of BOX opened at $31.54 on Wednesday. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 48.52, a PEG ratio of 10.64 and a beta of 0.74. The company's 50 day simple moving average is $27.29 and its 200 day simple moving average is $25.54. Box, Inc. has a 1 year low of $21.34 and a 1 year high of $33.88.
BOX (NYSE:BOX - Get Free Report) last announced its earnings results on Tuesday, May 26th. The software maker reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. The firm had revenue of $305.94 million for the quarter, compared to analyst estimates of $304.39 million. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. BOX's revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.30 earnings per share. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. Equities analysts expect that Box, Inc. will post 0.31 EPS for the current fiscal year.
Hedge Funds Weigh In On BOX
A number of hedge funds have recently made changes to their positions in BOX. First Horizon Corp grew its stake in shares of BOX by 148.1% during the 4th quarter. First Horizon Corp now owns 831 shares of the software maker's stock valued at $25,000 after buying an additional 496 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of BOX in the 4th quarter worth $26,000. Geneos Wealth Management Inc. purchased a new position in shares of BOX in the 1st quarter worth $31,000. Employees Retirement System of Texas acquired a new position in BOX in the third quarter valued at $35,000. Finally, CIBC Private Wealth Group LLC boosted its holdings in BOX by 1,778.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,202 shares of the software maker's stock valued at $39,000 after acquiring an additional 1,138 shares during the last quarter. Institutional investors and hedge funds own 86.74% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. DA Davidson reaffirmed a "buy" rating and issued a $45.00 price objective on shares of BOX in a research report on Wednesday, May 27th. UBS Group increased their target price on BOX from $28.00 to $29.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 27th. Citigroup raised their price target on BOX from $36.00 to $37.00 and gave the stock a "buy" rating in a research note on Wednesday, May 27th. Weiss Ratings upgraded BOX from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, July 23rd. Finally, Wall Street Zen downgraded shares of BOX from a "strong-buy" rating to a "buy" rating in a research note on Saturday, May 9th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, BOX has an average rating of "Hold" and an average price target of $35.33.
Check Out Our Latest Analysis on BOX
About BOX
(
Get Free Report)
Box, Inc is a leading provider of cloud content management and file sharing solutions designed to support enterprises in securely managing, accessing and collaborating on digital content from anywhere. The company offers a unified platform that enables organizations to store, share and automate workflows across various departments, enhancing productivity and ensuring governance over sensitive information. Box's services are tailored to meet the needs of industries such as healthcare, financial services, government and media, where compliance and data security are paramount.
The core offerings of Box include its Content Cloud platform, which provides content collaboration, workflow automation, data classification and secure file sharing.
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