Olivia Nottebohm Sells 5,834 Shares of BOX (NYSE:BOX) Stock

Box, Inc. (NYSE:BOX) COO Olivia Nottebohm sold 5,834 shares of BOX stock in a transaction that occurred on Friday, August 7th. The shares were 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 in the company, valued at approximately $16,587,372.42. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Tuesday, July 21st, Olivia Nottebohm sold 5,834 shares of BOX stock. The stock was sold at an average price of $30.13, for a total value of $175,778.42.
• On Wednesday, June 10th, Olivia Nottebohm sold 6,528 shares of BOX stock. The shares were sold at an average price of $26.17, for a total value of $170,837.76.

BOX Stock Performance

Shares of NYSE BOX traded up $1.38 during mid-day trading on Friday, hitting $33.23. 2,078,710 shares of the stock traded hands, compared to its average volume of 2,606,674. The company has a market cap of $4.60 billion, a price-to-earnings ratio of 51.13, a PEG ratio of 11.29 and a beta of 0.73. The stock has a fifty day moving average price of $28.17 and a 200-day moving average price of $25.72. Box, Inc. has a 52 week low of $21.34 and a 52 week high of $33.88.

BOX (NYSE:BOX) last posted its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.37 earnings per share (EPS) 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 24.19% and a net margin of 10.35%.The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. As a group, sell-side analysts predict that Box, Inc. will post 0.31 EPS for the current fiscal year.

Institutional Trading of BOX

Institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in shares of BOX by 10.2% during the first quarter. Principal Financial Group Inc. now owns 1,010,921 shares of the software maker’s stock valued at $23,898,000 after purchasing an additional 93,516 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of BOX during the second quarter valued at $484,000. Fort Washington Investment Advisors Inc. OH increased its holdings in BOX by 4.4% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,029,407 shares of the software maker’s stock worth $24,335,000 after buying an additional 43,520 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in BOX in the 4th quarter worth about $2,247,000. Finally, Massachusetts Financial Services Co. MA raised its position in BOX by 31.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 805,447 shares of the software maker’s stock worth $24,091,000 after buying an additional 194,210 shares during the last quarter. 86.74% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on BOX shares. Weiss Ratings upgraded shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 23rd. DA Davidson reiterated a “buy” rating and set a $45.00 target price on shares of BOX in a report on Wednesday, May 27th. Citigroup boosted their price target on BOX from $36.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. UBS Group raised their price objective on BOX from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Finally, Wall Street Zen cut BOX from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $35.33.

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.