BOX (NYSE:BOX) CFO Sells $533,120.00 in Stock

Box, Inc. (NYSE:BOX) CFO Dylan Smith sold 17,000 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $31.36, for a total value of $533,120.00. Following the sale, the chief financial officer directly owned 1,437,013 shares of the company’s stock, valued at $45,064,727.68. This represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

BOX Trading Up 0.1%

Shares of NYSE BOX opened at $32.03 on Friday. Box, Inc. has a 1 year low of $28.00 and a 1 year high of $38.80. The firm’s 50-day moving average is $32.47 and its 200-day moving average is $32.88. The firm has a market capitalization of $4.64 billion, a PE ratio of 25.83 and a beta of 0.87.

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on BOX shares. Weiss Ratings restated a “buy (b-)” rating on shares of BOX in a research report on Wednesday, October 8th. Raymond James Financial reissued an “outperform” rating and issued a $42.00 target price on shares of BOX in a research note on Wednesday, August 27th. Zacks Research cut BOX from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Royal Bank Of Canada boosted their target price on BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 27th. Finally, Citigroup increased their price target on shares of BOX from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, August 27th. Seven investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

Institutional Investors Weigh In On BOX

Several large investors have recently modified their holdings of BOX. Cerity Partners LLC bought a new position in shares of BOX during the 1st quarter valued at about $1,395,000. Xponance Inc. raised its holdings in shares of BOX by 3.5% during the first quarter. Xponance Inc. now owns 15,029 shares of the software maker’s stock worth $464,000 after acquiring an additional 513 shares during the period. MQS Management LLC bought a new stake in BOX in the 1st quarter valued at $226,000. Victory Capital Management Inc. lifted its position in BOX by 11.7% in the 1st quarter. Victory Capital Management Inc. now owns 650,713 shares of the software maker’s stock valued at $20,081,000 after acquiring an additional 68,126 shares in the last quarter. Finally, Allianz Asset Management GmbH acquired a new position in BOX in the 1st quarter worth $623,000. 86.74% of the stock is currently owned by institutional investors.

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.