BOX (NYSE:BOX) COO Olivia Nottebohm Sells 5,834 Shares

Box, Inc. (NYSE:BOX) COO Olivia Nottebohm sold 5,834 shares of BOX stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $32.31, for a total value of $188,496.54. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, July 21st, Olivia Nottebohm sold 5,834 shares of BOX stock. The stock was sold at an average price of $30.13, for a total value 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 Trading Up 4.3%

BOX opened at $33.23 on Friday. The company has a market cap of $4.60 billion, a P/E ratio of 51.13, a PEG ratio of 11.24 and a beta of 0.73. The company’s 50 day moving average is $28.30 and its 200-day moving average is $25.77. Box, Inc. has a 1-year low of $21.34 and a 1-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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. The business had revenue of $305.94 million during the quarter, compared to analysts’ expectations of $304.39 million. During the same period in the prior year, the company earned $0.30 EPS. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. On average, equities analysts forecast that Box, Inc. will post 0.31 EPS for the current year.

Institutional Trading of BOX

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

Wall Street Analysts Forecast Growth

BOX has been the topic of a number of recent research reports. Citigroup increased 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. DA Davidson reaffirmed a “buy” rating and issued a $45.00 price target on shares of BOX in a research report on Wednesday, May 27th. Weiss Ratings raised BOX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 23rd. Wall Street Zen lowered BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Finally, UBS Group upped their price target on BOX from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, BOX presently has a consensus rating of “Hold” and an average price target 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.