Insider Selling: BOX (NYSE:BOX) COO Sells $188,496.54 in Stock

Box, Inc. (NYSE:BOX) COO Olivia Nottebohm sold 5,834 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $32.31, for a total value of $188,496.54. Following the sale, the chief operating officer owned 513,382 shares in the company, valued at approximately $16,587,372.42. This represents a 1.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Olivia Nottebohm also recently made the following trade(s):

• On Tuesday, July 21st, Olivia Nottebohm sold 5,834 shares of BOX stock. The shares were 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 stock was sold at an average price of $26.17, for a total transaction of $170,837.76.

BOX Price Performance

Shares of BOX stock opened at $33.23 on Monday. The stock has a market cap of $4.60 billion, a P/E ratio of 51.13, a P/E/G ratio of 11.73 and a beta of 0.73. The company has a fifty day moving average price of $28.30 and a two-hundred day moving average price of $25.77. Box, Inc. has a one year low of $21.34 and a one year high of $33.88.

BOX (NYSE:BOX) last released its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.01. The company had revenue of $305.94 million for 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%. BOX’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 EPS. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. As a group, equities research analysts anticipate that Box, Inc. will post 0.31 EPS for the current fiscal year.

Institutional Investors Weigh In On BOX

Hedge funds have recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in BOX by 8.6% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 5,093 shares of the software maker’s stock worth $147,000 after purchasing an additional 405 shares during the last quarter. ProShare Advisors LLC increased its stake in BOX by 1.7% in the 4th quarter. ProShare Advisors LLC now owns 27,634 shares of the software maker’s stock valued at $827,000 after buying an additional 449 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of BOX by 22.9% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,633 shares of the software maker’s stock worth $90,000 after buying an additional 490 shares in the last quarter. First Horizon Corp lifted its position in shares of BOX by 148.1% during the 4th quarter. First Horizon Corp now owns 831 shares of the software maker’s stock worth $25,000 after buying an additional 496 shares in the last quarter. Finally, Maryland State Retirement & Pension System boosted its stake in shares of BOX by 2.4% in the 4th quarter. Maryland State Retirement & Pension System now owns 21,318 shares of the software maker’s stock worth $638,000 after buying an additional 500 shares during the last quarter. 86.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BOX has been the topic of several research analyst reports. DA Davidson restated a “buy” rating and issued a $45.00 price objective on shares of BOX in a research note on Wednesday, May 27th. Weiss Ratings upgraded BOX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 23rd. Citigroup boosted their target price on BOX from $36.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. UBS Group increased their price target on BOX from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen downgraded BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Three equities research 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $35.33.

BOX Company Profile

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.