Box, Inc. $BOX Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. lifted its position in Box, Inc. (NYSE:BOX) by 13,002.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 502,355 shares of the software maker’s stock after purchasing an additional 498,521 shares during the quarter. Pacer Advisors Inc.’s holdings in BOX were worth $11,876,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BOX. First Horizon Corp boosted its holdings in BOX by 148.1% in the 4th quarter. First Horizon Corp now owns 831 shares of the software maker’s stock valued at $25,000 after purchasing an additional 496 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of BOX during the 4th quarter worth approximately $26,000. Geneos Wealth Management Inc. purchased a new stake in shares of BOX during the 1st quarter valued at approximately $31,000. Employees Retirement System of Texas acquired a new position in BOX in the third quarter valued at approximately $35,000. Finally, CIBC Private Wealth Group LLC lifted its holdings in BOX by 1,778.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,202 shares of the software maker’s stock valued at $39,000 after acquiring an additional 1,138 shares during the last quarter. 86.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, COO Olivia Nottebohm sold 12,470 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $25.17, for a total value of $313,869.90. Following the sale, the chief operating officer directly owned 558,739 shares in the company, valued at approximately $14,063,460.63. This trade represents a 2.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Dylan C. Smith sold 23,720 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $24.96, for a total transaction of $592,051.20. Following the completion of the sale, the chief financial officer owned 1,381,049 shares in the company, valued at $34,470,983.04. The trade was a 1.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 108,352 shares of company stock worth $2,833,429 over the last three months. Insiders own 3.99% of the company’s stock.

BOX Trading Up 0.1%

NYSE:BOX opened at $31.73 on Wednesday. The firm has a market cap of $4.39 billion, a PE ratio of 48.82, a price-to-earnings-growth ratio of 11.19 and a beta of 0.73. The stock has a fifty day moving average price of $27.90 and a 200 day moving average price of $25.64. Box, Inc. has a 12-month low of $21.34 and a 12-month high of $33.88.

BOX (NYSE:BOX) last announced its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. BOX had a negative return on equity of 24.19% and a net margin of 10.35%.The business had revenue of $305.94 million during the quarter, compared to the consensus estimate of $304.39 million. During the same period in the previous year, the company posted $0.30 earnings per share. The business’s revenue for the quarter was up 10.7% on a year-over-year basis. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. Equities analysts forecast that Box, Inc. will post 0.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. UBS Group raised their target price on BOX from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. DA Davidson reiterated a “buy” rating and set a $45.00 price target on shares of BOX in a report on Wednesday, May 27th. Wall Street Zen downgraded BOX from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings upgraded shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 23rd. Finally, Citigroup boosted their price target on shares of BOX from $36.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $35.33.

BOX 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.