BOX (NYSE:BOX) COO Olivia Nottebohm Sells 4,612 Shares

Box, Inc. (NYSE:BOX) COO Olivia Nottebohm sold 4,612 shares of the business’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $33.10, for a total value of $152,657.20. Following the sale, the chief operating officer owned 506,863 shares of the company’s stock, valued at $16,777,165.30. The trade was a 0.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Friday, August 8th, Olivia Nottebohm sold 2,013 shares of BOX stock. The stock was sold at an average price of $32.00, for a total value of $64,416.00.
• On Monday, July 21st, Olivia Nottebohm sold 2,013 shares of BOX stock. The stock was sold at an average price of $32.50, for a total value of $65,422.50.

BOX Stock Performance

Shares of BOX opened at $32.66 on Wednesday. The stock has a 50 day moving average price of $32.27 and a 200 day moving average price of $32.52. The stock has a market capitalization of $4.73 billion, a price-to-earnings ratio of 26.34 and a beta of 0.90. Box, Inc. has a one year low of $28.00 and a one year high of $38.80.

BOX (NYSE:BOX) last issued its earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. The company had revenue of $294.00 million during the quarter, compared to analysts’ expectations of $290.19 million. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.44 EPS. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. On average, analysts predict that Box, Inc. will post 0.27 earnings per share for the current year.

Hedge Funds Weigh In On BOX

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership boosted its holdings in BOX by 10.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,247,092 shares of the software maker’s stock valued at $145,123,000 after acquiring an additional 410,191 shares during the period. Acadian Asset Management LLC boosted its holdings in BOX by 36.4% during the 2nd quarter. Acadian Asset Management LLC now owns 4,137,447 shares of the software maker’s stock valued at $141,345,000 after acquiring an additional 1,104,314 shares during the period. RGM Capital LLC boosted its holdings in BOX by 9.3% during the 1st quarter. RGM Capital LLC now owns 3,749,773 shares of the software maker’s stock valued at $115,718,000 after acquiring an additional 318,459 shares during the period. Geode Capital Management LLC boosted its holdings in BOX by 1.0% during the 2nd quarter. Geode Capital Management LLC now owns 3,346,923 shares of the software maker’s stock valued at $114,379,000 after acquiring an additional 32,884 shares during the period. Finally, Congress Asset Management Co. boosted its holdings in BOX by 2.8% during the 3rd quarter. Congress Asset Management Co. now owns 1,939,714 shares of the software maker’s stock valued at $62,595,000 after acquiring an additional 52,964 shares during the period. 86.74% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BOX has been the subject of several analyst reports. UBS Group cut BOX from a “buy” rating to a “neutral” rating and dropped their target price for the company from $42.00 to $36.00 in a report on Thursday, September 18th. Citigroup upped their target price on BOX from $39.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday, August 27th. Zacks Research cut BOX from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Wall Street Zen cut BOX from a “buy” rating to a “hold” rating in a report on Sunday, June 29th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of BOX in a report on Wednesday, October 8th. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.