Profund Advisors LLC Has $439,000 Stock Position in Box, Inc. $BOX

Profund Advisors LLC reduced its position in shares of Box, Inc. (NYSE:BOX) by 14.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,833 shares of the software maker’s stock after selling 2,245 shares during the period. Profund Advisors LLC’s holdings in BOX were worth $439,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TCTC Holdings LLC grew its stake in BOX by 115.4% during the first 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 last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of BOX by 7,130.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 723 shares of the software maker’s stock valued at $25,000 after acquiring an additional 713 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of BOX in the 1st quarter worth approximately $31,000. Ameritas Advisory Services LLC bought a new stake in BOX during the 2nd quarter worth approximately $41,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in 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 acquiring an additional 1,150 shares during the last quarter. 86.74% of the stock is currently owned by institutional investors and hedge funds.

BOX Trading Up 0.1%

BOX stock opened at $32.00 on Friday. The company has a market cap of $4.64 billion, a PE ratio of 25.81 and a beta of 0.87. Box, Inc. has a 1 year low of $28.00 and a 1 year high of $38.80. The company’s 50-day moving average is $32.49 and its two-hundred day moving average is $32.86.

BOX (NYSE:BOX) last issued its quarterly earnings results on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, topping 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 company had revenue of $294.00 million during the quarter, compared to analysts’ expectations of $290.19 million. During the same quarter in the previous year, the company earned $0.44 EPS. BOX’s revenue was up 8.9% on a year-over-year basis. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. Research analysts forecast that Box, Inc. will post 0.27 EPS for the current year.

Insider Activity at BOX

In other news, CEO Aaron Levie sold 15,000 shares of the stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $32.81, for a total value of $492,150.00. Following the transaction, the chief executive officer owned 2,937,030 shares of the company’s stock, valued at $96,363,954.30. This represents a 0.51% decrease in their position. 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 the firm’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $32.77, for a total value of $114,695.00. Following the completion of the transaction, the vice president owned 128,847 shares in the company, valued at $4,222,316.19. This represents a 2.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 122,336 shares of company stock worth $3,986,999. 3.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BOX. 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. Zacks Research cut BOX from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Citigroup upped their price target on shares of BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, August 27th. UBS Group cut shares of BOX from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $42.00 to $36.00 in a research report on Thursday, September 18th. Finally, Royal Bank Of Canada boosted their target price on shares of BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 27th. Seven equities 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.