WINTON GROUP Ltd Cuts Holdings in Box, Inc. $BOX

WINTON GROUP Ltd lessened its position in Box, Inc. (NYSE:BOX) by 38.4% during the second quarter, Holdings Channel reports. The fund owned 148,592 shares of the software maker’s stock after selling 92,815 shares during the period. WINTON GROUP Ltd’s holdings in BOX were worth $3,944,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. grew its stake in shares of BOX by 10.2% during the first quarter. Principal Financial Group Inc. now owns 1,010,921 shares of the software maker’s stock valued at $23,898,000 after buying an additional 93,516 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of BOX during the second quarter valued at approximately $484,000. Fort Washington Investment Advisors Inc. OH raised its holdings in BOX by 4.4% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,029,407 shares of the software maker’s stock worth $24,335,000 after purchasing an additional 43,520 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in BOX in the fourth quarter worth about $2,247,000. Finally, Janus Henderson Group PLC raised its position 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 worth $27,141,000 after acquiring an additional 491,505 shares in the last quarter. Hedge funds and other institutional investors own 86.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on BOX shares. Citigroup lifted their price target on shares of BOX from $37.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Bank of America reissued a “buy” rating on shares of BOX in a report on Wednesday, August 26th. UBS Group boosted their price objective on shares of BOX from $29.00 to $37.00 and gave the company a “neutral” rating in a report on Wednesday, August 26th. Wall Street Zen downgraded BOX from a “buy” rating to a “hold” rating in a report on Saturday, August 29th. Finally, Weiss Ratings raised shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 23rd. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, BOX has an average rating of “Hold” and an average target price of $37.80.

BOX Stock Down 1.2%

BOX opened at $34.07 on Friday. The company has a market capitalization of $4.67 billion, a PE ratio of 49.38, a price-to-earnings-growth ratio of 11.48 and a beta of 0.73. The firm has a 50-day simple moving average of $32.01 and a two-hundred day simple moving average of $27.33. Box, Inc. has a 52 week low of $21.34 and a 52 week high of $36.34.

BOX (NYSE:BOX) last released its quarterly earnings data on Tuesday, August 25th. The software maker reported $0.40 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.40. The business had revenue of $321.15 million for the quarter, compared to the consensus estimate of $319.33 million. BOX had a negative return on equity of 20.97% and a net margin of 10.59%.The company’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS. 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, sell-side analysts expect that Box, Inc. will post 0.32 earnings per share for the current year.

Insider Buying and Selling

In other BOX news, CFO Dylan C. Smith sold 17,000 shares of the company’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $29.05, for a total transaction of $493,850.00. Following the sale, the chief financial officer directly owned 1,337,075 shares in the company, valued at $38,842,028.75. This represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Aaron Levie sold 15,000 shares of the stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $24.32, for a total value of $364,800.00. Following the sale, the chief executive officer owned 2,874,673 shares in the company, valued at $69,912,047.36. The trade was a 0.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 52,018 shares of company stock valued at $1,481,960. Insiders own 3.99% of the company’s stock.

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.