Key Points
- BOX VP Eli Berkovitch sold 3,850 shares at an average price of $35.99, generating $138,561.50. He retained 105,404 shares valued at approximately $3.79 million, a 3.52% reduction in his holdings.
- BOX reported quarterly revenue of $321.15 million, up 9.2% year over year and above analyst estimates, while adjusted EPS of $0.40 matched expectations.
- Analyst sentiment is mixed: BOX has an average “Hold” rating and a consensus price target of $37.80, despite several firms raising targets and maintaining Buy ratings.
Box, Inc. (NYSE:BOX - Get Free Report) VP Eli Berkovitch sold 3,850 shares of the firm's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $35.99, for a total value of $138,561.50. Following the completion of the transaction, the vice president directly owned 105,404 shares in the company, valued at $3,793,489.96. The trade was a 3.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Eli Berkovitch also recently made the following trade(s):
- On Wednesday, July 8th, Eli Berkovitch sold 1,800 shares of BOX stock. The shares were sold at an average price of $28.95, for a total transaction of $52,110.00.
- On Wednesday, June 17th, Eli Berkovitch sold 2,700 shares of BOX stock. The shares were sold at an average price of $25.32, for a total value of $68,364.00.
BOX Stock Performance
Shares of BOX stock opened at $35.06 on Wednesday. The company has a fifty day moving average of $30.84 and a 200 day moving average of $26.74. Box, Inc. has a fifty-two week low of $21.34 and a fifty-two week high of $36.34. The company has a market capitalization of $4.85 billion, a P/E ratio of 50.81, a P/E/G ratio of 11.91 and a beta of 0.73.
BOX (NYSE:BOX - Get Free Report) last announced its quarterly earnings data on Tuesday, August 25th. The software maker reported $0.40 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.40. BOX had a net margin of 10.59% and a negative return on equity of 20.97%. The business had revenue of $321.15 million during the quarter, compared to analyst estimates of $319.33 million. During the same period last year, the firm posted $0.33 EPS. The company's revenue was up 9.2% on a year-over-year basis. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. Analysts forecast that Box, Inc. will post 0.32 EPS for the current year.
Wall Street Analyst Weigh In
BOX has been the topic of several recent analyst reports. Bank of America reissued a "buy" rating on shares of BOX in a research note on Wednesday, August 26th. DA Davidson upped their price target on shares of BOX from $45.00 to $50.00 and gave the company a "buy" rating in a report on Wednesday, August 26th. Citigroup increased their price objective on shares of BOX from $37.00 to $40.00 and gave the stock a "buy" rating in a research report on Wednesday, August 26th. UBS Group lifted their target price on BOX from $29.00 to $37.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 26th. Finally, Royal Bank Of Canada reaffirmed an "underperform" rating and set a $26.00 price target on shares of BOX in a research note on Wednesday, August 26th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, BOX presently has an average rating of "Hold" and an average target price of $37.80.
Read Our Latest Stock Analysis on BOX
Institutional Investors Weigh In On BOX
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Woodline Partners LP lifted its holdings in shares of BOX by 16.4% during the 1st quarter. Woodline Partners LP now owns 17,800 shares of the software maker's stock valued at $549,000 after purchasing an additional 2,506 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in BOX by 7.4% during 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. acquired a new position in BOX during the 1st quarter valued at about $31,000. Sivia Capital Partners LLC acquired a new position in shares of BOX during the second quarter valued at about $484,000. Finally, Invesco Ltd. raised its holdings in shares of BOX by 101.1% in the second quarter. Invesco Ltd. now owns 1,141,603 shares of the software maker's stock worth $39,009,000 after buying an additional 573,817 shares during the last quarter. Hedge funds and other institutional investors own 86.74% of the company's stock.
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.
Further Reading
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