Key Points
- Box CFO Dylan Smith sold 17,000 shares for $710,940, at an average price of $41.82. The sale reduced his stake by 1.31%, leaving him with 1,276,100 shares.
- BOX shares recently traded at $43.66, near their 12-month high of $44.88. The company’s latest reported quarter met EPS estimates at $0.40 and posted revenue of $321.15 million, up 9.2% year over year.
- Analysts’ consensus rating is Hold, with an average price target of $39.80; ratings include four Buys, three Holds, and one Sell.
Box, Inc. (NYSE:BOX - Get Free Report) COO Olivia Nottebohm sold 5,293 shares of the stock in a transaction that occurred on Tuesday, November 10th. The shares were sold at an average price of $41.45, for a total value of $219,394.85. Following the completion of the sale, the chief operating officer directly owned 476,173 shares of the company's stock, valued at $19,737,370.85. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
Olivia Nottebohm also recently made the following trade(s):
- On Wednesday, October 21st, Olivia Nottebohm sold 5,293 shares of BOX stock. The stock was sold at an average price of $41.58, for a total transaction of $220,082.94.
- On Monday, October 5th, Olivia Nottebohm sold 5,293 shares of BOX stock. The stock was sold at an average price of $34.50, for a total transaction of $182,608.50.
BOX Price Performance
BOX stock traded up $0.03 on Friday, reaching $43.66. 1,333,780 shares of the company were exchanged, compared to its average volume of 2,807,224. The firm has a market capitalization of $5.99 billion, a PE ratio of 63.27, a PEG ratio of 11.47 and a beta of 0.65. Box, Inc. has a 12 month low of $21.34 and a 12 month high of $44.88. The stock's fifty day moving average price is $38.01 and its 200 day moving average price is $29.58.
BOX (NYSE:BOX - Get Free Report) last issued its quarterly earnings results on Tuesday, August 25th. The software maker reported $0.40 earnings per share 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 firm had revenue of $321.15 million during the quarter, compared to the consensus estimate of $319.33 million. During the same period in the prior year, the firm earned $0.33 EPS. The business'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. As a group, research analysts expect that Box, Inc. will post 0.32 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of BOX. Arrowstreet Capital Limited Partnership boosted its stake in BOX by 9.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,918,991 shares of the software maker's stock worth $116,285,000 after buying an additional 407,733 shares in the last quarter. Dimensional Fund Advisors LP raised its stake 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 buying an additional 13,983 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of BOX by 74.9% in the 1st quarter. Janus Henderson Group PLC now owns 1,147,381 shares of the software maker's stock valued at $27,141,000 after buying an additional 491,505 shares in the last quarter. Voya Investment Management LLC lifted its holdings in shares of BOX by 483.3% during the 3rd quarter. Voya Investment Management LLC now owns 1,064,011 shares of the software maker's stock worth $35,623,000 after acquiring an additional 881,609 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in shares of 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 acquiring an additional 93,516 shares during the period. 86.74% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of research analysts have recently commented on BOX shares. Morgan Stanley upped their price objective on shares of BOX from $33.00 to $36.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 26th. Citigroup lifted their target price on BOX from $37.00 to $40.00 and gave the stock a "buy" rating in a research report on Wednesday, August 26th. Bank of America restated a "buy" rating on shares of BOX in a research note on Wednesday, August 26th. DA Davidson boosted their price target on BOX from $50.00 to $60.00 and gave the company a "buy" rating in a research note on Monday, November 9th. Finally, Weiss Ratings raised BOX from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, November 9th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, BOX has a consensus rating of "Hold" and an average price target of $39.80.
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About BOX
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Box, Inc. provides a cloud-based content management platform that helps organizations store, manage, share, and collaborate on files. Its services support document workflows across desktop and mobile devices. The Box platform includes tools for content collaboration, workflow automation, security, and governance. It also integrates with business applications and offers AI features designed to help customers work with their stored content. Founded in 2005 by Aaron Levie and Dylan Smith, Box serves businesses and other organizations across multiple regions.
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