Box, Inc. $BOX Shares Newly Acquired by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC bought a new stake in shares of Box, Inc. (NYSE:BOX) in the 3rd quarter, Holdings Channel reports. The firm bought 40,427 shares of the software maker’s stock, valued at approximately $1,353,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership boosted its position in BOX by 9.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,918,991 shares of the software maker’s stock valued at $116,285,000 after buying an additional 407,733 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of BOX by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,674,883 shares of the software maker’s stock worth $63,232,000 after buying an additional 13,983 shares during the period. Janus Henderson Group PLC lifted its holdings in shares of BOX by 74.9% in the 1st quarter. Janus Henderson Group PLC now owns 1,147,381 shares of the software maker’s stock worth $27,141,000 after buying an additional 491,505 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of BOX by 10.2% in the 1st quarter. Principal Financial Group Inc. now owns 1,010,921 shares of the software maker’s stock worth $23,898,000 after buying an additional 93,516 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of BOX by 5,002.2% during the 2nd quarter. Wellington Management Group LLP now owns 515,932 shares of the software maker’s stock worth $13,693,000 after buying an additional 505,820 shares in the last quarter. 86.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Morgan Stanley raised their price target on BOX from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 26th. Bank of America restated a “buy” rating on shares of BOX in a report on Wednesday, August 26th. Wall Street Zen lowered shares of BOX from a “buy” rating to a “hold” rating in a research note on Sunday, October 4th. Weiss Ratings upgraded shares of BOX from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, October 6th. Finally, Citigroup increased their target price on shares of BOX from $37.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, August 26th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, BOX currently has a consensus rating of “Hold” and a consensus target price of $37.80.

BOX Stock Up 1.1%

Shares of BOX stock opened at $43.29 on Friday. The firm has a market cap of $5.94 billion, a price-to-earnings ratio of 62.74, a PEG ratio of 11.26 and a beta of 0.72. Box, Inc. has a 52-week low of $21.34 and a 52-week high of $43.57. The company’s 50 day moving average is $36.06 and its 200 day moving average is $28.69.

BOX (NYSE:BOX) last posted its earnings results on Tuesday, August 25th. The software maker reported $0.40 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.40. The company had revenue of $321.15 million during the quarter, compared to analyst estimates of $319.33 million. BOX had a negative return on equity of 20.97% and a net margin of 10.59%. BOX’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.33 earnings per share. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. Analysts anticipate that Box, Inc. will post 0.32 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Dylan C. Smith sold 17,000 shares of the business’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $36.56, for a total value of $621,520.00. Following the completion of the transaction, the chief financial officer directly owned 1,293,100 shares of the company’s stock, valued at approximately $47,275,736. The trade was a 1.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Olivia Nottebohm sold 5,834 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $32.31, for a total value of $188,496.54. Following the completion of the transaction, the chief operating officer directly owned 513,382 shares of the company’s stock, valued at approximately $16,587,372.42. The trade was a 1.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 75,428 shares of company stock worth $2,667,239. Insiders own 3.99% of the company’s stock.

BOX Company Profile

Box, Inc (NYSE:BOX) provides cloud-based content management and collaboration solutions for businesses and other organizations. Its platform, known as the Box Content Cloud, enables customers to securely store, organize, access and share files from connected devices while supporting collaboration across teams and locations.

The company’s offerings include cloud content storage and collaboration tools, workflow automation, document and content management, electronic signatures through Box Sign, and security, compliance and governance capabilities.