22,579 Shares in Box, Inc. $BOX Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Box, Inc. (NYSE:BOX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,579 shares of the software maker’s stock, valued at approximately $772,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. New York State Teachers Retirement System increased its holdings in BOX by 3.0% during the 2nd quarter. New York State Teachers Retirement System now owns 64,559 shares of the software maker’s stock worth $2,206,000 after purchasing an additional 1,900 shares in the last quarter. Yousif Capital Management LLC increased its holdings in BOX by 2.0% during the 2nd quarter. Yousif Capital Management LLC now owns 54,289 shares of the software maker’s stock worth $1,855,000 after purchasing an additional 1,044 shares in the last quarter. Vanguard Personalized Indexing Management LLC bought a new stake in BOX during the 2nd quarter worth approximately $426,000. Blue Trust Inc. increased its holdings in BOX by 10.3% during the 2nd quarter. Blue Trust Inc. now owns 29,012 shares of the software maker’s stock worth $991,000 after purchasing an additional 2,721 shares in the last quarter. Finally, Maryland State Retirement & Pension System increased its holdings in BOX by 1.5% during the 2nd quarter. Maryland State Retirement & Pension System now owns 42,558 shares of the software maker’s stock worth $1,454,000 after purchasing an additional 645 shares in the last quarter. 86.74% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, COO Olivia Nottebohm sold 4,612 shares of the company’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $33.09, for a total value of $152,611.08. Following the transaction, the chief operating officer owned 502,251 shares in the company, valued at approximately $16,619,485.59. This represents a 0.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Dylan C. Smith sold 51,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $32.83, for a total value of $1,674,330.00. Following the completion of the transaction, the chief financial officer owned 1,480,732 shares in the company, valued at approximately $48,612,431.56. The trade was a 3.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 102,737 shares of company stock valued at $3,373,709 in the last quarter. 3.90% of the stock is currently owned by company insiders.

BOX Stock Down 0.4%

BOX stock opened at $33.16 on Friday. The firm has a market cap of $4.80 billion, a PE ratio of 26.74 and a beta of 0.90. The business has a 50 day moving average of $32.51 and a 200-day moving average of $32.66. Box, Inc. has a 12-month low of $28.00 and a 12-month high of $38.80.

BOX (NYSE:BOX) last posted its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $290.19 million. During the same quarter in the prior year, the business earned $0.44 earnings per share. BOX’s revenue for the quarter was up 8.9% on a year-over-year basis. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. On average, research analysts expect that Box, Inc. will post 0.27 earnings per share for the current year.

Analysts Set New Price Targets

BOX has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of BOX in a report on Friday. Citigroup boosted their price objective on BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, August 27th. Royal Bank Of Canada upped their target price on BOX from $24.00 to $26.00 and gave the company an “underperform” rating in a report on Wednesday, August 27th. UBS Group lowered BOX from a “buy” rating to a “neutral” rating and reduced their target price for the company from $42.00 to $36.00 in a report on Thursday, September 18th. Finally, Zacks Research lowered BOX from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Eight research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, BOX currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

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.