Penserra Capital Management LLC Invests $2.52 Million in Box, Inc. $BOX

Penserra Capital Management LLC purchased a new stake in shares of Box, Inc. (NYSE:BOX) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 73,744 shares of the software maker’s stock, valued at approximately $2,519,000. Penserra Capital Management LLC owned about 0.05% of BOX at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of BOX. Cerity Partners LLC bought a new position in BOX in the 1st quarter valued at $1,395,000. Xponance Inc. lifted its stake in shares of BOX by 3.5% during the first quarter. Xponance Inc. now owns 15,029 shares of the software maker’s stock valued at $464,000 after acquiring an additional 513 shares during the period. MQS Management LLC acquired a new position in shares of BOX during the first quarter valued at $226,000. Edgestream Partners L.P. boosted its holdings in BOX by 248.8% in the first quarter. Edgestream Partners L.P. now owns 294,887 shares of the software maker’s stock valued at $9,100,000 after acquiring an additional 210,350 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in BOX by 11.7% in the first quarter. Victory Capital Management Inc. now owns 650,713 shares of the software maker’s stock worth $20,081,000 after purchasing an additional 68,126 shares during the period. Institutional investors own 86.74% of the company’s stock.

BOX Stock Performance

BOX opened at $31.35 on Monday. The firm’s fifty day moving average is $32.52 and its two-hundred day moving average is $32.86. The firm has a market cap of $4.54 billion, a PE ratio of 25.28 and a beta of 0.87. Box, Inc. has a twelve month low of $28.00 and a twelve month high of $38.80.

BOX (NYSE:BOX) last released its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. The business had revenue of $294.00 million during the quarter, compared to analysts’ expectations of $290.19 million. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities analysts forecast that Box, Inc. will post 0.27 EPS for the current fiscal year.

Insider Buying and Selling

In other news, COO Olivia Nottebohm sold 4,612 shares of the firm’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $33.09, for a total transaction of $152,611.08. Following the sale, the chief operating officer owned 502,251 shares of the company’s stock, valued at $16,619,485.59. This trade represents a 0.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Eli Berkovitch sold 3,500 shares of BOX stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $32.77, for a total value of $114,695.00. Following the transaction, the vice president owned 128,847 shares in the company, valued at $4,222,316.19. This trade represents a 2.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 100,724 shares of company stock valued at $3,309,293. 3.90% of the stock is owned by company insiders.

Analyst Ratings Changes

BOX has been the subject of several recent research reports. UBS Group cut BOX from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $42.00 to $36.00 in a report on Thursday, September 18th. Raymond James Financial reissued an “outperform” rating and set a $42.00 price target on shares of BOX in a research note on Wednesday, August 27th. Royal Bank Of Canada raised their price objective on shares of BOX from $24.00 to $26.00 and gave the company an “underperform” rating in a research note on Wednesday, August 27th. Weiss Ratings reiterated a “buy (b-)” rating on shares of BOX in a research report on Wednesday, October 8th. Finally, Zacks Research downgraded BOX from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Eight equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $38.25.

BOX 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.