Box, Inc. $BOX Shares Acquired by Versor Investments LP

Versor Investments LP lifted its holdings in shares of Box, Inc. (NYSE:BOX) by 17.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 32,200 shares of the software maker’s stock after buying an additional 4,713 shares during the period. Versor Investments LP’s holdings in BOX were worth $1,100,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its stake in shares of BOX by 7,130.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 723 shares of the software maker’s stock worth $25,000 after buying an additional 713 shares during the period. TCTC Holdings LLC raised its stake in shares of BOX by 115.4% during the 1st quarter. TCTC Holdings LLC now owns 825 shares of the software maker’s stock worth $25,000 after buying an additional 442 shares during the period. Geneos Wealth Management Inc. acquired a new position in shares of BOX during the 1st quarter worth approximately $31,000. Ameritas Advisory Services LLC acquired a new position in shares of BOX during the 2nd quarter worth approximately $41,000. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of BOX by 692.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,316 shares of the software maker’s stock worth $45,000 after buying an additional 1,150 shares during the period. 86.74% of the stock is owned by institutional investors and hedge funds.

BOX Stock Performance

Shares of BOX opened at $32.11 on Monday. The stock has a 50 day moving average price of $32.58 and a 200 day moving average price of $32.80. The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 25.89 and a beta of 0.87. Box, Inc. has a one year low of $28.00 and a one year high of $38.80.

BOX (NYSE:BOX) last issued its 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 company had revenue of $294.00 million during the quarter, compared to analysts’ expectations of $290.19 million. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the business earned $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. On average, analysts predict that Box, Inc. will post 0.27 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Royal Bank Of Canada upped their target price on BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 27th. Zacks Research cut BOX from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Raymond James Financial reiterated an “outperform” rating and set a $42.00 price target on shares of BOX in a research report on Wednesday, August 27th. UBS Group cut BOX from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $42.00 to $36.00 in a research report on Thursday, September 18th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of BOX in a research report on Wednesday, October 8th. Eight analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, BOX currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

Insider Buying and Selling

In other BOX news, CFO Dylan C. Smith sold 17,000 shares of the company’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $33.05, for a total value 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 represents a 1.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Aaron Levie sold 15,000 shares of the company’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $32.81, for a total value of $492,150.00. Following the completion of the sale, the chief executive officer owned 2,937,030 shares of the company’s stock, valued at approximately $96,363,954.30. The trade was a 0.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 102,737 shares of company stock worth $3,373,709 over the last quarter. Corporate insiders own 3.90% of the company’s stock.

About BOX

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.