BNP PARIBAS ASSET MANAGEMENT Holding S.A. Takes $55,000 Position in Box, Inc. $BOX

BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Box, Inc. (NYSE:BOX) during the second quarter, HoldingsChannel.com reports. The fund purchased 1,600 shares of the software maker’s stock, valued at approximately $55,000.

A number of other institutional investors also recently modified their holdings of the company. Hussman Strategic Advisors Inc. bought a new position in shares of BOX in the second quarter valued at approximately $718,000. Bank of New York Mellon Corp raised its position in shares of BOX by 2.6% in the second quarter. Bank of New York Mellon Corp now owns 1,312,283 shares of the software maker’s stock valued at $44,841,000 after purchasing an additional 32,869 shares during the period. Versor Investments LP raised its position in shares of BOX by 17.1% in the second quarter. Versor Investments LP now owns 32,200 shares of the software maker’s stock valued at $1,100,000 after purchasing an additional 4,713 shares during the period. Y Intercept Hong Kong Ltd raised its position in shares of BOX by 643.7% in the second quarter. Y Intercept Hong Kong Ltd now owns 136,066 shares of the software maker’s stock valued at $4,649,000 after purchasing an additional 117,771 shares during the period. Finally, State of New Jersey Common Pension Fund D raised its position in shares of BOX by 3.7% in the second quarter. State of New Jersey Common Pension Fund D now owns 60,251 shares of the software maker’s stock valued at $2,059,000 after purchasing an additional 2,175 shares during the period. Institutional investors own 86.74% of the company’s stock.

BOX Price Performance

Shares of BOX stock opened at $31.39 on Thursday. The firm has a market capitalization of $4.55 billion, a PE ratio of 25.31 and a beta of 0.87. The company’s fifty day moving average price is $32.58 and its two-hundred day moving average price is $32.82. Box, Inc. has a 52-week low of $28.00 and a 52-week high of $38.80.

BOX (NYSE:BOX) last announced its quarterly 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 firm had revenue of $294.00 million for the quarter, compared to analyst estimates of $290.19 million. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Analysts predict that Box, Inc. will post 0.27 earnings per share for the current fiscal year.

Insider Transactions at BOX

In other BOX news, Director Jack R. Lazar sold 5,000 shares of the business’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $32.20, for a total value of $161,000.00. Following the sale, the director owned 27,855 shares of the company’s stock, valued at $896,931. The trade was a 15.22% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Dylan C. Smith sold 17,000 shares of the business’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $33.05, for a total transaction of $561,850.00. Following the completion of the sale, the chief financial officer directly owned 1,454,013 shares in the company, valued at $48,055,129.65. This trade represents a 1.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 102,737 shares of company stock worth $3,373,709. 3.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

BOX has been the topic of a number of research reports. Citigroup boosted their target price on shares of BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, August 27th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BOX in a research report on Wednesday, October 8th. Raymond James Financial reaffirmed an “outperform” rating and set a $42.00 target price on shares of BOX in a research report on Wednesday, August 27th. Royal Bank Of Canada boosted their target price on shares of BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 27th. Finally, UBS Group lowered shares of BOX from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $42.00 to $36.00 in a research report on Thursday, September 18th. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $38.25.

BOX 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.