BOX (NYSE:BOX) Stock: Insider Olivia Nottebohm Sells 5,293 Shares

Box, Inc. (NYSE:BOX) COO Olivia Nottebohm sold 5,293 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $34.50, for a total transaction of $182,608.50. Following the completion of the sale, the chief operating officer directly owned 486,759 shares in the company, valued at $16,793,185.50. This represents a 1.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, August 7th, Olivia Nottebohm sold 5,834 shares of BOX stock. The shares were sold at an average price of $32.31, for a total transaction of $188,496.54.
• 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 transaction of $175,778.42.

BOX Trading Down 0.2%

Shares of NYSE:BOX traded down $0.06 during trading on Tuesday, reaching $35.28. The company had a trading volume of 1,474,448 shares, compared to its average volume of 2,659,254. The company has a fifty day moving average of $33.43 and a two-hundred day moving average of $28.44. The stock has a market capitalization of $4.84 billion, a P/E ratio of 51.14, a price-to-earnings-growth ratio of 11.24 and a beta of 0.72. Box, Inc. has a 12 month low of $21.34 and a 12 month high of $36.34.

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

Institutional Trading of BOX

Several hedge funds have recently added to or reduced their stakes in BOX. Integrated Wealth Concepts LLC bought a new position in shares of BOX during the second quarter valued at about $56,000. Versant Capital Management Inc lifted its stake in shares of BOX by 12.1% in the 3rd quarter. Versant Capital Management Inc now owns 2,910 shares of the software maker’s stock valued at $97,000 after acquiring an additional 314 shares during the last quarter. Globeflex Capital L P bought a new stake in shares of BOX in the 2nd quarter valued at about $102,000. KBC Group NV boosted its holdings in BOX by 43.9% during the 1st quarter. KBC Group NV now owns 4,868 shares of the software maker’s stock valued at $115,000 after acquiring an additional 1,485 shares during the period. Finally, Leonteq Securities AG grew its position in BOX by 62,788.9% during the 1st quarter. Leonteq Securities AG now owns 5,660 shares of the software maker’s stock worth $134,000 after acquiring an additional 5,651 shares during the last quarter. 86.74% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BOX. Wall Street Zen lowered BOX from a “buy” rating to a “hold” rating in a research note on Sunday. Weiss Ratings raised BOX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 23rd. Royal Bank Of Canada restated an “underperform” rating and issued a $26.00 target price on shares of BOX in a research report on Wednesday, August 26th. Bank of America reaffirmed a “buy” rating on shares of BOX in a research note on Wednesday, August 26th. Finally, Citigroup increased 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. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $37.80.

BOX Company Profile

Box, Inc provides cloud-based content management and file-sharing services for businesses and other organizations. Its platform, known as Box Content Cloud, enables users to securely store, access, share and collaborate on documents and other digital content from connected devices.

The company’s services include tools for workflow automation, electronic signatures, content governance, security, compliance and collaboration. Box also offers integrations with widely used business applications, helping organizations manage content across their existing technology environments.

Box was founded in 2005 by Aaron Levie, Dylan Smith, Sam Ghods and Jeff Queisser.