Box, Inc. $BOX Shares Bought by Odyssean LLC

Odyssean LLC lifted its stake in shares of Box, Inc. (NYSE:BOX) by 104.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,086 shares of the software maker’s stock after acquiring an additional 59,719 shares during the quarter. Odyssean LLC’s holdings in BOX were worth $3,107,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Arrowstreet Capital Limited Partnership raised its position in shares of BOX by 9.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,918,991 shares of the software maker’s stock worth $116,285,000 after purchasing an additional 407,733 shares during the period. RGM Capital LLC increased its stake in BOX by 8.2% in the 4th quarter. RGM Capital LLC now owns 3,330,168 shares of the software maker’s stock worth $99,605,000 after purchasing an additional 251,520 shares in the last quarter. Sei Investments Co. increased its stake in 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 purchasing an additional 94,289 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in 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 purchasing an additional 3,053,829 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in BOX by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,674,883 shares of the software maker’s stock worth $63,232,000 after buying an additional 13,983 shares during the period. 86.74% of the stock is currently owned by institutional investors and hedge funds.

More BOX News

Here are the key news stories impacting BOX this week:

• Positive Sentiment: Raised earnings outlook: Box guided fiscal 2027 EPS to approximately $1.54, well above the $1.32 analyst consensus. Third-quarter EPS guidance of $0.39 also exceeded the $0.33 consensus, while projected revenue of $329 million topped the $324.5 million estimate. Box Q2 earnings and guidance
• Positive Sentiment: Healthy operating performance: Fiscal Q2 revenue increased 9% year over year to $321.1 million, exceeding the $319.3 million consensus. Billings rose 17% to $309.5 million, operating cash flow increased 54% to $70.8 million, and remaining performance obligations reached $1.7 billion. Box fiscal Q2 revenue report
• Positive Sentiment: Share repurchases provided support: Box repurchased approximately 2.6 million shares for $66 million during the quarter, potentially supporting per-share results and signaling management confidence. Box fiscal 2027 second-quarter results
• Neutral Sentiment: Results met, rather than exceeded, expectations: Adjusted EPS was $0.40, matching consensus but improving from $0.33 a year earlier. The revenue beat was modest, which may have limited the immediate upside reaction. Box earnings report
• Negative Sentiment: Valuation and profitability concerns remain: BOX was trading close to its 52-week high with a P/E ratio above 50, while its reported return on equity remained negative. Those factors may have encouraged profit-taking despite the upbeat guidance.

Insider Transactions at BOX

In other BOX news, CFO Dylan C. Smith sold 17,000 shares of the company’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $29.05, for a total value of $493,850.00. Following the transaction, the chief financial officer directly owned 1,337,075 shares of the company’s stock, valued at $38,842,028.75. This represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Olivia Nottebohm sold 5,834 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $32.31, for a total value of $188,496.54. Following the sale, the chief operating officer directly owned 513,382 shares of the company’s stock, valued at $16,587,372.42. This trade represents a 1.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 77,996 shares of company stock worth $2,116,005 in the last ninety days. Company insiders own 3.99% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on BOX. Citigroup upped their price objective on shares of BOX from $36.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Weiss Ratings upgraded shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 23rd. DA Davidson reiterated a “buy” rating and set a $45.00 price objective on shares of BOX in a research report on Wednesday, May 27th. UBS Group reissued a “neutral” rating on shares of BOX in a research note on Wednesday. Finally, Wall Street Zen lowered BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BOX currently has an average rating of “Hold” and an average target price of $35.33.

BOX Stock Performance

BOX stock opened at $32.96 on Wednesday. Box, Inc. has a twelve month low of $21.34 and a twelve month high of $33.88. The firm has a market cap of $4.56 billion, a PE ratio of 50.71, a P/E/G ratio of 11.81 and a beta of 0.73. The firm’s 50 day moving average price is $29.84 and its two-hundred day moving average price is $26.37.

BOX (NYSE:BOX) last issued its earnings results on Tuesday, August 25th. The software maker reported $0.40 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.40. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. The company had revenue of $321.15 million during the quarter, compared to analyst estimates of $319.33 million. During the same quarter last year, the business posted $0.33 EPS. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. Equities analysts anticipate that Box, Inc. will post 0.31 EPS for the current fiscal year.

BOX Company 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.