Vise Technologies Inc. Acquires Shares of 12,865 Box, Inc. $BOX

Vise Technologies Inc. bought a new stake in shares of Box, Inc. (NYSE:BOX) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,865 shares of the software maker’s stock, valued at approximately $440,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Acadian Asset Management LLC boosted its stake in BOX by 36.4% during the second quarter. Acadian Asset Management LLC now owns 4,137,447 shares of the software maker’s stock worth $141,345,000 after buying an additional 1,104,314 shares during the last quarter. RGM Capital LLC lifted its position in BOX by 9.3% in the first quarter. RGM Capital LLC now owns 3,749,773 shares of the software maker’s stock valued at $115,718,000 after buying an additional 318,459 shares during the last quarter. Congress Asset Management Co. boosted its stake in BOX by 2.2% during the second quarter. Congress Asset Management Co. now owns 1,886,750 shares of the software maker’s stock worth $64,470,000 after buying an additional 40,681 shares during the period. Sunriver Management LLC raised its stake in shares of BOX by 62.9% in the 1st quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker’s stock valued at $47,736,000 after acquiring an additional 597,410 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of BOX by 2.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,312,283 shares of the software maker’s stock worth $44,841,000 after acquiring an additional 32,869 shares during the last quarter. 86.74% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at BOX

In related news, COO Olivia Nottebohm sold 4,612 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $31.35, for a total value of $144,586.20. Following the completion of the sale, the chief operating officer directly owned 497,639 shares of the company’s stock, valued at $15,600,982.65. The trade was a 0.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Aaron Levie sold 15,000 shares of BOX stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $32.81, for a total value of $492,150.00. Following the sale, the chief executive officer owned 2,937,030 shares in the company, valued at $96,363,954.30. This trade represents a 0.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 122,336 shares of company stock worth $3,986,999. Insiders own 3.90% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on BOX. Zacks Research lowered BOX from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BOX in a research report on Wednesday, October 8th. Royal Bank Of Canada increased their price target on shares of BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 27th. Citigroup raised their price objective on shares of BOX from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, August 27th. Finally, UBS Group lowered shares of BOX from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $42.00 to $36.00 in a report on Thursday, September 18th. Seven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BOX presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

BOX Trading Up 0.1%

Shares of BOX stock opened at $32.03 on Friday. The company has a market cap of $4.64 billion, a P/E ratio of 25.83 and a beta of 0.87. The firm has a fifty day moving average price of $32.47 and a 200 day moving average price of $32.88. Box, Inc. has a 12 month low of $28.00 and a 12 month high of $38.80.

BOX (NYSE:BOX) last released its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.02. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The business had revenue of $294.00 million during the quarter, compared to analysts’ expectations of $290.19 million. During the same period in the prior year, the firm posted $0.44 EPS. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. On average, equities analysts forecast that Box, Inc. will post 0.27 EPS for the current year.

BOX Company Profile

Box, Inc engages in the provision of an enterprise content platform that enables organizations to securely manage enterprise content while allowing easy, secure access and sharing of this content from anywhere, on any device. Its products include cloud content management, IT and admin controls, Box Governance, Box Zones, Box Relay, Box Shuttle, and Box KeySafe.