Box, Inc. (NYSE:BOX – Get Free Report) CEO Aaron Levie sold 15,000 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $24.32, for a total value of $364,800.00. Following the transaction, the chief executive officer directly owned 2,874,673 shares of the company’s stock, valued at $69,912,047.36. The trade was a 0.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
BOX Price Performance
Shares of NYSE BOX opened at $26.45 on Friday. The company has a market cap of $3.66 billion, a price-to-earnings ratio of 40.69, a price-to-earnings-growth ratio of 1.41 and a beta of 0.74. The stock’s 50-day moving average is $25.27 and its two-hundred day moving average is $25.71. Box, Inc. has a 1-year low of $21.34 and a 1-year high of $34.39.
BOX (NYSE:BOX – Get Free Report) last announced its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.37 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 business’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same period in the previous year, the company posted $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. Equities research analysts anticipate that Box, Inc. will post 0.31 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on BOX. UBS Group lifted their price objective on shares of BOX from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Citigroup increased their target price on BOX from $36.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Wall Street Zen cut BOX from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. William Blair reaffirmed a “market perform” rating on shares of BOX in a research report on Monday, March 23rd. Finally, Morgan Stanley dropped their price objective on BOX from $38.00 to $33.00 and set an “equal weight” rating on the stock in a report on Thursday, March 12th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $35.33.
Read Our Latest Stock Report on BOX
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. First Horizon Corp grew its position in shares of BOX by 148.1% in the 4th quarter. First Horizon Corp now owns 831 shares of the software maker’s stock valued at $25,000 after buying an additional 496 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in BOX in the fourth quarter valued at $26,000. Geneos Wealth Management Inc. acquired a new position in BOX in the first quarter valued at $31,000. Employees Retirement System of Texas acquired a new position in BOX in the third quarter valued at $35,000. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of BOX by 1,778.1% during the third quarter. CIBC Private Wealth Group LLC now owns 1,202 shares of the software maker’s stock worth $39,000 after purchasing an additional 1,138 shares during the last quarter. Institutional investors and hedge funds own 86.74% of the company’s stock.
About BOX
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.
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