Fisher Asset Management LLC Sells 56,143 Shares of Box, Inc. $BOX

Fisher Asset Management LLC cut its holdings in Box, Inc. (NYSE:BOX) by 8.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 607,138 shares of the software maker’s stock after selling 56,143 shares during the quarter. Fisher Asset Management LLC’s holdings in BOX were worth $18,159,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Vanguard Group Inc. boosted its stake in BOX by 2.8% in the third quarter. Vanguard Group Inc. now owns 18,487,018 shares of the software maker’s stock valued at $596,576,000 after buying an additional 497,658 shares in the last quarter. Sei Investments Co. boosted its stake in BOX by 2.9% in the third quarter. Sei Investments Co. now owns 3,316,783 shares of the software maker’s stock valued at $107,033,000 after buying an additional 94,289 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in BOX by 823,134.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,054,200 shares of the software maker’s stock valued at $91,351,000 after buying an additional 3,053,829 shares in the last quarter. Sunriver Management LLC boosted its stake in BOX by 31.0% in the third quarter. Sunriver Management LLC now owns 1,517,828 shares of the software maker’s stock valued at $48,980,000 after buying an additional 359,329 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of BOX by 6.2% during the third quarter. First Trust Advisors LP now owns 1,273,546 shares of the software maker’s stock valued at $41,097,000 after purchasing an additional 74,758 shares in the last quarter. 86.74% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Citigroup lifted their price target on BOX from $36.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday. Weiss Ratings raised BOX from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday. William Blair reissued a “market perform” rating on shares of BOX in a research note on Monday, March 23rd. Wall Street Zen lowered BOX from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, UBS Group lifted their price target on BOX from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BOX currently has a consensus rating of “Hold” and an average target price of $35.33.

BOX News Roundup

Here are the key news stories impacting BOX this week:

• Positive Sentiment: Box reported fiscal Q1 earnings of $0.37 per share, topping estimates, while revenue of $305.94 million also edged past expectations and rose 10.7% year over year. Box Reports First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: The company raised its fiscal 2027 outlook, with Q2 and full-year EPS guidance coming in above Wall Street estimates, which supports confidence in near-term profitability. Box Reports First Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Box also announced a $500 million share repurchase program, a shareholder-friendly move that can help support the stock. Box Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Positive Sentiment: DA Davidson reaffirmed its Buy rating on BOX and set a $45 price target, signaling meaningful upside from current levels. Benzinga analyst rating update
• Neutral Sentiment: BOX drew unusually heavy call-option buying, suggesting traders are positioning for a bigger move, though the signal is not inherently directional.
• Neutral Sentiment: The company is also scheduled to present at investor conferences, which may keep attention on the stock but does not by itself change fundamentals. Box to Present at Investor Conferences
• Negative Sentiment: Despite the earnings beat and stronger outlook, shares have weakened as investors remain cautious about how quickly Box’s AI-driven product mix will convert into sustained acceleration.

BOX Stock Performance

Shares of BOX stock opened at $24.72 on Thursday. The company has a market cap of $3.42 billion, a P/E ratio of 38.03, a PEG ratio of 1.32 and a beta of 0.71. The stock has a 50 day simple moving average of $24.22 and a two-hundred day simple moving average of $26.41. Box, Inc. has a fifty-two week low of $21.34 and a fifty-two week high of $38.80.

BOX (NYSE:BOX) last issued 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 business had revenue of $305.94 million during the quarter, compared to the consensus estimate of $304.39 million. BOX had a negative return on equity of 25.32% and a net margin of 10.35%.The firm’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.30 earnings per share. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. On average, research analysts predict that Box, Inc. will post 0.34 earnings per share for the current year.

BOX announced that its Board of Directors has authorized a share buyback program on Thursday, March 19th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the software maker to repurchase up to 14.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other BOX news, Director Dana L. Evan sold 17,034 shares of BOX stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $24.24, for a total value of $412,904.16. Following the completion of the sale, the director directly owned 113,525 shares in the company, valued at approximately $2,751,846. The trade was a 13.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Eli Berkovitch sold 24,500 shares of BOX stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $23.85, for a total value of $584,325.00. Following the completion of the sale, the vice president owned 95,516 shares of the company’s stock, valued at approximately $2,278,056.60. The trade was a 20.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 137,086 shares of company stock valued at $3,345,852 in the last 90 days. Company insiders own 3.99% of the company’s stock.

BOX Profile

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.