BOX (NYSE:BOX) COO Olivia Nottebohm Sells 4,612 Shares

Box, Inc. (NYSE:BOX) COO Olivia Nottebohm sold 4,612 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $31.35, for a total value of $144,586.20. Following the sale, the chief operating officer directly owned 497,639 shares of the company’s stock, valued at $15,600,982.65. This represents a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Tuesday, October 21st, Olivia Nottebohm sold 4,612 shares of BOX stock. The stock was sold at an average price of $33.09, for a total value of $152,611.08.
• On Friday, October 10th, Olivia Nottebohm sold 4,612 shares of BOX stock. The shares were sold at an average price of $33.10, for a total value of $152,657.20.

BOX Trading Down 0.4%

Shares of BOX stock traded down $0.14 during trading on Friday, reaching $31.85. The company’s stock had a trading volume of 79,978 shares, compared to its average volume of 1,884,344. The stock has a 50-day moving average price of $32.49 and a two-hundred day moving average price of $32.86. The stock has a market capitalization of $4.61 billion, a P/E ratio of 25.64 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 posted its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. The firm had revenue of $294.00 million during the quarter, compared to analysts’ expectations of $290.19 million. During the same quarter last year, the company posted $0.44 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. As a group, sell-side analysts anticipate that Box, Inc. will post 0.27 EPS for the current fiscal year.

Institutional Investors Weigh In On BOX

Several hedge funds have recently bought and sold shares of BOX. Ossiam acquired a new stake in BOX during the 3rd quarter worth approximately $123,000. Perbak Capital Partners LLP lifted its stake in BOX by 101.2% during the third quarter. Perbak Capital Partners LLP now owns 21,167 shares of the software maker’s stock worth $683,000 after purchasing an additional 10,645 shares during the last quarter. Jump Financial LLC bought a new stake in shares of BOX during the 3rd quarter worth $2,793,000. Pathstone Holdings LLC boosted its stake in shares of BOX by 0.9% in the 3rd quarter. Pathstone Holdings LLC now owns 67,310 shares of the software maker’s stock valued at $2,172,000 after purchasing an additional 610 shares in the last quarter. Finally, Sunriver Management LLC boosted its position 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. 86.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on BOX shares. Raymond James Financial reiterated an “outperform” rating and issued a $42.00 price objective on shares of BOX in a research report on Wednesday, August 27th. UBS Group downgraded shares of BOX from a “buy” rating to a “neutral” rating and lowered their target price for the company from $42.00 to $36.00 in a research note on Thursday, September 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BOX in a research report on Wednesday, October 8th. Royal Bank Of Canada raised their price objective on shares of BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a report on Wednesday, August 27th. Finally, Zacks Research cut BOX from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Seven research 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $38.25.

BOX Company 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.