Key Points
- Box COO Olivia Nottebohm sold 5,834 shares at an average price of $32.31, generating proceeds of $188,496.54 and reducing her ownership by 1.12% to 513,382 shares.
- BOX shares opened at $33.23 and were up 4.3%, trading near their 52-week high of $33.88. The company recently beat quarterly earnings and revenue estimates, with revenue increasing 10.7% year over year.
- Analysts maintain a consensus “Hold” rating with an average price target of $35.33, while institutional investors own 86.74% of the stock and several funds recently increased their positions.
Box, Inc. (NYSE:BOX - Get Free Report) COO Olivia Nottebohm sold 5,834 shares of the company's stock in a transaction on Friday, August 7th. The shares were sold at an average price of $32.31, for a total value of $188,496.54. Following the transaction, the chief operating officer directly owned 513,382 shares in the company, valued at approximately $16,587,372.42. The trade was a 1.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Olivia Nottebohm also recently made the following trade(s):
- On Tuesday, July 21st, Olivia Nottebohm sold 5,834 shares of BOX stock. The stock was sold at an average price of $30.13, for a total transaction of $175,778.42.
- On Wednesday, June 10th, Olivia Nottebohm sold 6,528 shares of BOX stock. The shares were sold at an average price of $26.17, for a total transaction of $170,837.76.
BOX Stock Up 4.3%
NYSE BOX opened at $33.23 on Friday. Box, Inc. has a 52 week low of $21.34 and a 52 week high of $33.88. The company has a market capitalization of $4.60 billion, a P/E ratio of 51.13, a price-to-earnings-growth ratio of 11.24 and a beta of 0.73. The stock's 50-day moving average price is $28.30 and its 200-day moving average price is $25.77.
BOX (NYSE:BOX - Get Free Report) last posted its quarterly earnings results on Tuesday, May 26th. The software maker reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. The business had revenue of $305.94 million during 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%. The company's revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the business posted $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. Research analysts anticipate that Box, Inc. will post 0.31 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. DA Davidson reissued a "buy" rating and set a $45.00 price target on shares of BOX in a report on Wednesday, May 27th. Wall Street Zen lowered BOX from a "strong-buy" rating to a "buy" rating in a research note on Saturday, May 9th. Citigroup increased their target price on BOX from $36.00 to $37.00 and gave the stock a "buy" rating in a research report on Wednesday, May 27th. Weiss Ratings raised BOX from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, July 23rd. Finally, UBS Group boosted their price target on BOX from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, May 27th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, BOX presently has an average rating of "Hold" and a consensus price target of $35.33.
Get Our Latest Stock Report on BOX
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Woodline Partners LP increased its stake in shares of BOX by 16.4% during the first quarter. Woodline Partners LP now owns 17,800 shares of the software maker's stock valued at $549,000 after buying an additional 2,506 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of BOX by 7.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 477,822 shares of the software maker's stock worth $14,746,000 after buying an additional 32,726 shares during the last quarter. Geneos Wealth Management Inc. bought a new position in shares of BOX during the 1st quarter worth approximately $31,000. Sivia Capital Partners LLC purchased a new stake in BOX during the second quarter valued at approximately $484,000. Finally, Invesco Ltd. lifted its holdings in shares of BOX by 101.1% during the 2nd quarter. Invesco Ltd. now owns 1,141,603 shares of the software maker's stock valued at $39,009,000 after purchasing an additional 573,817 shares during the last quarter. 86.74% of the stock is owned by hedge funds and other institutional investors.
BOX Company Profile
(
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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