Box, Inc. $BOX Shares Sold by Amundi

Key Points

• Amundi has reduced its stake in Box, Inc. by 7.7%, selling 13,190 shares, and now holds approximately 0.11% of the company, valued at $4,893,000.
• Institutional investors currently own 86.74% of Box's stock, with significant increases in holdings from firms like Royal Bank of Canada and Caption Management LLC.
• Box reported $0.33 EPS for the last quarter, exceeding estimates, and showed an 8.9% year-over-year revenue growth with guidance for FY 2026 set between 1.260-1.280 EPS.

Amundi reduced its position in Box, Inc. (NYSE:BOX - Free Report) by 7.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,429 shares of the software maker's stock after selling 13,190 shares during the period. Amundi owned approximately 0.11% of BOX worth $4,893,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of BOX. D. E. Shaw & Co. Inc. lifted its stake in shares of BOX by 28.5% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 433,390 shares of the software maker's stock valued at $13,695,000 after purchasing an additional 96,147 shares in the last quarter. Ensign Peak Advisors Inc boosted its position in shares of BOX by 22.2% in the fourth quarter. Ensign Peak Advisors Inc now owns 114,955 shares of the software maker's stock worth $3,633,000 after buying an additional 20,847 shares during the period. Focus Partners Wealth boosted its position in shares of BOX by 2.3% in the fourth quarter. Focus Partners Wealth now owns 124,498 shares of the software maker's stock worth $3,934,000 after buying an additional 2,816 shares during the period. Gotham Asset Management LLC purchased a new stake in shares of BOX in the fourth quarter worth about $307,000. Finally, Janus Henderson Group PLC boosted its position in shares of BOX by 126.0% in the fourth quarter. Janus Henderson Group PLC now owns 487,387 shares of the software maker's stock worth $15,399,000 after buying an additional 271,745 shares during the period. 86.74% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Bethany Mayer sold 5,123 shares of the business's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $34.06, for a total value of $174,489.38. Following the transaction, the director owned 15,284 shares in the company, valued at approximately $520,573.04. The trade was a 25.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Aaron Levie sold 15,000 shares of the business's stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $32.81, for a total value of $492,150.00. Following the completion of the transaction, the chief executive officer owned 2,937,030 shares in the company, valued at approximately $96,363,954.30. This trade represents a 0.51% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 102,752 shares of company stock valued at $3,395,069. Insiders own 3.90% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on BOX shares. UBS Group upped their target price on BOX from $40.00 to $42.00 and gave the stock a "buy" rating in a research report on Wednesday, August 27th. Royal Bank Of Canada upped their target price on BOX from $24.00 to $26.00 and gave the stock an "underperform" rating in a research report on Wednesday, August 27th. DA Davidson set a $45.00 target price on BOX and gave the stock a "buy" rating in a research report on Wednesday, May 28th. Raymond James Financial reaffirmed an "outperform" rating and issued a $42.00 target price on shares of BOX in a research report on Wednesday, August 27th. Finally, JPMorgan Chase & Co. upped their target price on BOX from $37.00 to $39.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, BOX presently has an average rating of "Moderate Buy" and a consensus price target of $39.00.

BOX Stock Performance

Shares of NYSE:BOX traded down $0.48 during trading on Friday, hitting $32.53. The company's stock had a trading volume of 1,475,324 shares, compared to its average volume of 2,254,824. Box, Inc. has a fifty-two week low of $28.00 and a fifty-two week high of $38.80. The stock's 50-day moving average price is $32.32 and its two-hundred day moving average price is $32.36. The company has a market capitalization of $4.71 billion, a PE ratio of 26.23 and a beta of 0.95.

BOX (NYSE:BOX - Get Free Report) last released 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 negative return on equity of 21.77% and a net margin of 20.30%.The business had revenue of $294.00 million for the quarter, compared to analysts' expectations of $290.19 million. During the same quarter in the previous year, the firm posted $0.44 earnings per share. The company's revenue 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, equities analysts predict that Box, Inc. will post 0.27 earnings per share for the current fiscal year.

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.