BOX (NYSE:BOX) COO Sells $175,778.42 in Stock

Box, Inc. (NYSE:BOX) COO Olivia Nottebohm sold 5,834 shares of BOX stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $30.13, for a total value of $175,778.42. Following the sale, the chief operating officer directly owned 519,216 shares in the company, valued at $15,643,978.08. The trade was a 1.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• 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 value of $170,837.76.
• On Friday, May 8th, Olivia Nottebohm sold 12,470 shares of BOX stock. The shares were sold at an average price of $25.17, for a total value of $313,869.90.
• On Friday, May 1st, Olivia Nottebohm sold 5,942 shares of BOX stock. The shares were sold at an average price of $25.00, for a total transaction of $148,550.00.

BOX Price Performance

NYSE:BOX opened at $31.18 on Friday. The firm’s 50 day simple moving average is $27.54 and its 200 day simple moving average is $25.57. Box, Inc. has a one year low of $21.34 and a one year high of $33.88. The company has a market cap of $4.32 billion, a PE ratio of 47.97, a P/E/G ratio of 11.44 and a beta of 0.74.

BOX (NYSE:BOX) last posted its earnings results on Tuesday, May 26th. The software maker reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $305.94 million for the quarter, compared to analyst estimates of $304.39 million. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.30 EPS. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. Equities research analysts expect that Box, Inc. will post 0.31 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on BOX. Wall Street Zen lowered BOX from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Citigroup upped their price target on BOX from $36.00 to $37.00 and gave the company a “buy” rating 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. UBS Group raised their price objective on BOX from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $45.00 price objective on shares of BOX in a research note on Wednesday, May 27th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $35.33.

Hedge Funds Weigh In On BOX

Hedge funds have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership boosted its position in BOX by 9.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,918,991 shares of the software maker’s stock valued at $116,285,000 after acquiring an additional 407,733 shares during the last quarter. RGM Capital LLC grew its holdings in BOX by 8.2% during the 4th quarter. RGM Capital LLC now owns 3,330,168 shares of the software maker’s stock worth $99,605,000 after acquiring an additional 251,520 shares during the period. Sei Investments Co. raised its position in shares of BOX by 2.9% in the 3rd quarter. Sei Investments Co. now owns 3,316,783 shares of the software maker’s stock worth $107,033,000 after acquiring an additional 94,289 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of BOX by 823,134.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,054,200 shares of the software maker’s stock worth $91,351,000 after acquiring an additional 3,053,829 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of BOX by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,674,883 shares of the software maker’s stock valued at $63,232,000 after purchasing an additional 13,983 shares during the period. Institutional investors own 86.74% of the company’s stock.

About BOX

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.