111 Capital Buys Shares of 19,285 Box, Inc. $BOX

Key Points

• 111 Capital purchased 19,285 shares of Box, Inc. (NYSE:BOX), valued at approximately $659,000, during the second quarter.
• A significant percentage of Box's stock, approximately 86.74%, is owned by institutional investors and hedge funds, reflecting robust institutional interest.
• Analysts have mixed opinions on Box, with eight rating it as a Buy, two as Hold, and one as Sell, alongside a consensus price target of $38.25.

111 Capital bought a new stake in shares of Box, Inc. (NYSE:BOX - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 19,285 shares of the software maker's stock, valued at approximately $659,000.

A number of other large investors also recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC acquired a new position in BOX during the 2nd quarter valued at about $41,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in BOX by 1.1% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 40,711 shares of the software maker's stock valued at $1,391,000 after purchasing an additional 461 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in BOX by 7.5% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,424 shares of the software maker's stock valued at $630,000 after purchasing an additional 1,279 shares during the period. Fort Washington Investment Advisors Inc. OH raised its position in shares of BOX by 8.4% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 511,955 shares of the software maker's stock valued at $17,494,000 after acquiring an additional 39,792 shares during the period. Finally, State of Alaska Department of Revenue raised its position in shares of BOX by 8.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 86,265 shares of the software maker's stock valued at $2,947,000 after acquiring an additional 6,640 shares during the period. 86.74% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BOX has been the topic of a number of analyst reports. Raymond James Financial reiterated an "outperform" rating and issued a $42.00 price target on shares of BOX in a research report on Wednesday, August 27th. Wall Street Zen downgraded shares of BOX from a "buy" rating to a "hold" rating in a research report on Sunday, June 29th. Zacks Research downgraded shares of BOX from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 26th. Citigroup increased their price target on shares of BOX from $39.00 to $40.00 and gave the company a "buy" rating in a research report on Wednesday, August 27th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of BOX in a research report on Saturday, September 27th. Eight research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, BOX presently has an average rating of "Moderate Buy" and a consensus price target of $38.25.

Insider Activity at BOX

In other news, CFO Dylan C. Smith sold 51,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $32.83, for a total transaction of $1,674,330.00. Following the completion of the transaction, the chief financial officer directly owned 1,480,732 shares of the company's stock, valued at $48,612,431.56. This trade represents a 3.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jack R. Lazar sold 5,000 shares of the firm'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 transaction of $161,000.00. Following the transaction, the director directly owned 27,855 shares of the company's stock, valued at $896,931. This represents a 15.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 100,616 shares of company stock worth $3,311,929. 3.90% of the stock is currently owned by corporate insiders.

BOX Stock Performance

NYSE BOX opened at $32.21 on Friday. The business has a 50 day simple moving average of $32.17 and a 200 day simple moving average of $32.42. Box, Inc. has a 52-week low of $28.00 and a 52-week high of $38.80. The stock has a market cap of $4.67 billion, a price-to-earnings ratio of 25.97 and a beta of 0.90.

BOX (NYSE:BOX - Get Free Report) last posted its earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.02. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The business had revenue of $294.00 million during the quarter, compared to analysts' expectations of $290.19 million. During the same period in the prior year, the business earned $0.44 EPS. BOX's revenue for the quarter 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. On average, analysts predict that Box, Inc. will post 0.27 EPS for the current year.

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.

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