22,579 Shares in Box, Inc. $BOX Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Box, Inc. (NYSE:BOX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 22,579 shares of the software maker’s stock, valued at approximately $772,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. New York State Teachers Retirement System grew its position in BOX by 3.0% during the 2nd quarter. New York State Teachers Retirement System now owns 64,559 shares of the software maker’s stock worth $2,206,000 after acquiring an additional 1,900 shares during the last quarter. Yousif Capital Management LLC lifted its holdings in BOX by 2.0% during the 2nd quarter. Yousif Capital Management LLC now owns 54,289 shares of the software maker’s stock worth $1,855,000 after buying an additional 1,044 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new position in BOX during the 2nd quarter worth about $426,000. Blue Trust Inc. lifted its holdings in BOX by 10.3% during the 2nd quarter. Blue Trust Inc. now owns 29,012 shares of the software maker’s stock worth $991,000 after buying an additional 2,721 shares during the period. Finally, Maryland State Retirement & Pension System lifted its holdings in BOX by 1.5% during the 2nd quarter. Maryland State Retirement & Pension System now owns 42,558 shares of the software maker’s stock worth $1,454,000 after buying an additional 645 shares during the period. Institutional investors own 86.74% of the company’s stock.

Insider Buying and Selling at BOX

In related news, CFO Dylan C. Smith sold 51,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $32.83, for a total transaction of $1,674,330.00. Following the transaction, the chief financial officer directly owned 1,480,732 shares of the company’s stock, valued at approximately $48,612,431.56. This represents a 3.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jack R. Lazar sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $32.20, for a total value of $161,000.00. Following the transaction, the director directly owned 27,855 shares in the company, valued at approximately $896,931. This trade represents a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,737 shares of company stock worth $3,373,709 in the last quarter. Company insiders own 3.90% of the company’s stock.

BOX Price Performance

Shares of NYSE:BOX opened at $33.16 on Friday. The company has a market capitalization of $4.80 billion, a price-to-earnings ratio of 26.74 and a beta of 0.90. The business’s 50-day moving average is $32.51 and its 200-day moving average is $32.66. Box, Inc. has a 1 year low of $28.00 and a 1 year high of $38.80.

BOX (NYSE:BOX) last announced its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. The company had revenue of $294.00 million for the quarter, compared to the consensus estimate of $290.19 million. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The firm’s revenue was up 8.9% compared to the same quarter last year. During the same period in the previous 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. Analysts anticipate that Box, Inc. will post 0.27 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have commented on BOX. Zacks Research downgraded BOX from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Wall Street Zen downgraded BOX from a “buy” rating to a “hold” rating in a report on Sunday, June 29th. Citigroup lifted their target price on BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, August 27th. UBS Group downgraded BOX from a “buy” rating to a “neutral” rating and cut their target price for the stock from $42.00 to $36.00 in a report on Thursday, September 18th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $42.00 target price on shares of BOX in a report on Wednesday, August 27th. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.