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

Box, Inc. (NYSE:BOX) COO Olivia Nottebohm sold 5,293 shares of the company’s stock in a transaction that occurred on Tuesday, November 10th. The stock was sold at an average price of $41.45, for a total value of $219,394.85. Following the completion of the sale, the chief operating officer owned 476,173 shares in the company, valued at approximately $19,737,370.85. This represents a 1.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Wednesday, October 21st, Olivia Nottebohm sold 5,293 shares of BOX stock. The shares were sold at an average price of $41.58, for a total transaction of $220,082.94.
• On Monday, October 5th, Olivia Nottebohm sold 5,293 shares of BOX stock. The shares were sold at an average price of $34.50, for a total transaction of $182,608.50.

BOX Stock Performance

Shares of BOX traded up $0.03 during trading hours on Friday, hitting $43.66. The stock had a trading volume of 1,333,780 shares, compared to its average volume of 2,646,646. The firm has a 50-day moving average price of $37.85 and a 200 day moving average price of $29.49. Box, Inc. has a fifty-two week low of $21.34 and a fifty-two week high of $44.88. The firm has a market capitalization of $5.99 billion, a price-to-earnings ratio of 63.27, a PEG ratio of 11.45 and a beta of 0.65.

BOX (NYSE:BOX) last released its quarterly earnings results on Tuesday, August 25th. The software maker reported $0.40 EPS 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 company had revenue of $321.15 million for the quarter, compared to analyst estimates of $319.33 million. During the same quarter last year, the business earned $0.33 earnings per share. The firm’s 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, analysts predict that Box, Inc. will post 0.32 EPS for the current fiscal year.

Institutional Trading of BOX

Several institutional investors have recently modified their holdings of the stock. Fortitude Family Office LLC raised its holdings in shares of BOX by 408.2% during the third quarter. Fortitude Family Office LLC now owns 747 shares of the software maker’s stock valued at $25,000 after acquiring an additional 600 shares during the last quarter. Danske Bank A S purchased a new position in shares of BOX in the third quarter valued at approximately $37,000. Integrated Wealth Concepts LLC acquired a new stake in shares of BOX in the second quarter worth approximately $56,000. Farther Finance Advisors LLC boosted its stake in shares of BOX by 34.8% in the third quarter. Farther Finance Advisors LLC now owns 2,195 shares of the software maker’s stock worth $73,000 after acquiring an additional 567 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in shares of BOX by 53.3% in the third quarter. Allworth Financial LP now owns 2,634 shares of the software maker’s stock worth $88,000 after acquiring an additional 916 shares during the last quarter. Institutional investors and hedge funds own 86.74% of the company’s stock.

Analyst Upgrades and Downgrades

BOX has been the topic of a number of analyst reports. Wall Street Zen cut BOX from a “buy” rating to a “hold” rating in a research report on Sunday, October 4th. Royal Bank Of Canada restated an “underperform” rating and issued a $26.00 price target on shares of BOX in a research note on Wednesday, August 26th. Weiss Ratings raised BOX from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. UBS Group increased their price target on BOX from $29.00 to $37.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 26th. Finally, Citigroup increased their price target on BOX from $37.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, August 26th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $39.80.

BOX Company Profile

Box, Inc. provides a cloud-based content management platform that helps organizations store, manage, share, and collaborate on files. Its services support document workflows across desktop and mobile devices. The Box platform includes tools for content collaboration, workflow automation, security, and governance. It also integrates with business applications and offers AI features designed to help customers work with their stored content. Founded in 2005 by Aaron Levie and Dylan Smith, Box serves businesses and other organizations across multiple regions.