Key Points
- BOX COO Olivia Nottebohm sold 5,293 shares at an average price of $41.58, generating approximately $220,083. She retained 481,466 shares after the transaction.
- Box’s latest quarterly results met expectations, with adjusted EPS of $0.40 and revenue of $321.15 million, up 9.2% year over year.
- Analyst sentiment remains mixed: BOX has a consensus “Hold” rating and an average price target of $37.80, below its reported opening price of $43.12.
Box, Inc. (NYSE:BOX - Get Free Report) COO Olivia Nottebohm sold 5,293 shares of the company's stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $41.58, for a total value of $220,082.94. Following the completion of the sale, the chief operating officer owned 481,466 shares of the company's stock, valued at $20,019,356.28. This represents a 1.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Olivia Nottebohm also recently made the following trade(s):
- On Monday, October 5th, Olivia Nottebohm sold 5,293 shares of BOX stock. The shares were sold at an average price of $34.50, for a total value of $182,608.50.
- 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.
BOX Trading Up 0.8%
BOX stock opened at $43.12 on Friday. The firm has a market capitalization of $5.92 billion, a P/E ratio of 62.50, a PEG ratio of 11.25 and a beta of 0.72. Box, Inc. has a 1 year low of $21.34 and a 1 year high of $43.22. The business has a 50-day moving average of $35.29 and a 200-day moving average of $29.88.
BOX (NYSE:BOX - Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The software maker reported $0.40 EPS for the quarter, meeting analysts' consensus estimates of $0.40. The company had revenue of $321.15 million during the quarter, compared to analysts' expectations of $319.33 million. BOX had a negative return on equity of 20.97% and a net margin of 10.59%. BOX's revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 EPS. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. Research analysts anticipate that Box, Inc. will post 0.32 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have weighed in on BOX. Citigroup increased their target price on shares of BOX from $37.00 to $40.00 and gave the stock a "buy" rating in a report on Wednesday, August 26th. Royal Bank Of Canada reissued an "underperform" rating and set a $26.00 price target on shares of BOX in a research report on Wednesday, August 26th. UBS Group boosted their price target on shares of BOX from $29.00 to $37.00 and gave the company a "neutral" rating in a report on Wednesday, August 26th. Weiss Ratings upgraded shares of BOX from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, October 6th. Finally, Wall Street Zen cut shares of BOX from a "buy" rating to a "hold" rating in a research report on Sunday, October 4th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $37.80.
View Our Latest Stock Analysis on BOX
Institutional Investors Weigh In On BOX
Hedge funds have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership lifted its holdings in shares of BOX by 9.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,918,991 shares of the software maker's stock valued at $116,285,000 after purchasing an additional 407,733 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of BOX by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,674,883 shares of the software maker's stock valued at $63,232,000 after purchasing an additional 13,983 shares during the period. Janus Henderson Group PLC increased its stake 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 purchasing an additional 491,505 shares in the last quarter. Fort Washington Investment Advisors Inc. OH increased its stake 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 purchasing an additional 43,520 shares in the last quarter. Finally, Principal Financial Group Inc. increased its stake in BOX by 10.2% during the 1st quarter. Principal Financial Group Inc. now owns 1,010,921 shares of the software maker's stock worth $23,898,000 after purchasing an additional 93,516 shares in the last quarter. Institutional investors and hedge funds own 86.74% of the company's stock.
BOX Company Profile
(
Get Free Report)
Box, Inc (NYSE:BOX) provides cloud-based content management and collaboration solutions for businesses and other organizations. Its platform, known as the Box Content Cloud, enables customers to securely store, organize, access and share files from connected devices while supporting collaboration across teams and locations.
The company's offerings include cloud content storage and collaboration tools, workflow automation, document and content management, electronic signatures through Box Sign, and security, compliance and governance capabilities.
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