Key Points
- BOX COO Olivia Nottebohm sold 5,293 shares at an average price of $34.50, generating $182,608.50. She retained 486,759 shares after the transaction.
- BOX shares opened at $35.28 and remain near their 52-week high of $36.34, with the stock up from its 200-day moving average of $28.51.
- Analysts have a consensus “Hold” rating and an average price target of $37.80, while Box reported 9.2% year-over-year quarterly revenue growth and earnings in line with estimates.
Box, Inc. (NYSE:BOX - Get Free Report) COO Olivia Nottebohm sold 5,293 shares of the company's stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $34.50, for a total value of $182,608.50. Following the completion of the sale, the chief operating officer owned 486,759 shares in the company, valued at approximately $16,793,185.50. This represents a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Olivia Nottebohm also recently made the following trade(s):
- On Friday, August 7th, Olivia Nottebohm sold 5,834 shares of BOX stock. The stock was sold at an average price of $32.31, for a total value of $188,496.54.
- 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 value of $175,778.42.
BOX Price Performance
Shares of BOX stock opened at $35.28 on Wednesday. The stock's fifty day simple moving average is $33.51 and its 200 day simple moving average is $28.51. Box, Inc. has a one year low of $21.34 and a one year high of $36.34. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 51.14, a P/E/G ratio of 11.52 and a beta of 0.72.
BOX (NYSE:BOX - Get Free Report) last released its quarterly earnings data on Tuesday, August 25th. The software maker reported $0.40 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.40. The firm had revenue of $321.15 million during the quarter, compared to analyst estimates of $319.33 million. BOX had a negative return on equity of 20.97% and a net margin of 10.59%.The business's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.33 earnings per share. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. On average, research analysts anticipate that Box, Inc. will post 0.32 earnings per share for the current year.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. Wall Street Zen lowered shares of BOX from a "buy" rating to a "hold" rating in a research report on Sunday. UBS Group raised their price objective on shares of BOX from $29.00 to $37.00 and gave the stock a "neutral" rating in a report on Wednesday, August 26th. DA Davidson lifted their target price on shares of BOX from $45.00 to $50.00 and gave the company a "buy" rating in a research note on Wednesday, August 26th. Bank of America reissued a "buy" rating on shares of BOX in a report on Wednesday, August 26th. Finally, Weiss Ratings upgraded BOX from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, July 23rd. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $37.80.
Get Our Latest Analysis on BOX
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of BOX. Arrowstreet Capital Limited Partnership raised its stake in shares of BOX by 15.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,511,258 shares of the software maker's stock worth $134,932,000 after buying an additional 604,946 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in BOX by 0.5% in the first quarter. Dimensional Fund Advisors LP now owns 2,674,883 shares of the software maker's stock valued at $63,232,000 after acquiring an additional 13,983 shares during the last quarter. Norges Bank bought a new position in BOX in the fourth quarter valued at approximately $58,814,000. Janus Henderson Group PLC grew its holdings in BOX by 74.9% during the 1st quarter. Janus Henderson Group PLC now owns 1,147,381 shares of the software maker's stock worth $27,141,000 after acquiring an additional 491,505 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in BOX by 4.4% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,029,407 shares of the software maker's stock worth $24,335,000 after acquiring an additional 43,520 shares during the period. Institutional investors own 86.74% of the company's stock.
About BOX
(
Get Free Report)
Box, Inc provides cloud-based content management and file-sharing services for businesses and other organizations. Its platform, known as Box Content Cloud, enables users to securely store, access, share and collaborate on documents and other digital content from connected devices.
The company's services include tools for workflow automation, electronic signatures, content governance, security, compliance and collaboration. Box also offers integrations with widely used business applications, helping organizations manage content across their existing technology environments.
Box was founded in 2005 by Aaron Levie, Dylan Smith, Sam Ghods and Jeff Queisser.
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