17,000 Shares in Box, Inc. $BOX Purchased by Blue Oak Capital LLC

Key Points

• Blue Oak Capital LLC acquired 17,000 shares of Box, Inc., valued at approximately $525,000, reflecting continued interest from institutional investors who own nearly 87% of the company's stock.
• Several hedge funds significantly increased their stakes in Box, including TCTC Holdings LLC, which raised its position by 115.4% during the first quarter.
• Wall Street analysts have expressed a positive outlook, with Zacks upgrading Box to a "strong-buy" rating and the average target price set at $39.00.

Blue Oak Capital LLC bought a new stake in shares of Box, Inc. (NYSE:BOX - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,000 shares of the software maker's stock, valued at approximately $525,000.

Several other large investors also recently made changes to their positions in the stock. Cerity Partners LLC acquired a new stake in shares of BOX in the first quarter worth $1,395,000. Sunriver Management LLC increased its stake in shares of BOX by 62.9% in the first quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker's stock worth $47,736,000 after purchasing an additional 597,410 shares during the period. SG Americas Securities LLC increased its stake in shares of BOX by 420.1% in the first quarter. SG Americas Securities LLC now owns 30,067 shares of the software maker's stock worth $928,000 after purchasing an additional 24,286 shares during the period. Quantinno Capital Management LP bought a new position in shares of BOX in the fourth quarter worth about $289,000. Finally, GAMMA Investing LLC increased its stake in shares of BOX by 8,676.2% in the first quarter. GAMMA Investing LLC now owns 127,606 shares of the software maker's stock worth $4,135,000 after purchasing an additional 126,152 shares during the period. Institutional investors own 86.74% of the company's stock.

BOX Trading Up 0.6%

Shares of NYSE BOX traded up $0.21 during mid-day trading on Wednesday, hitting $32.73. The company had a trading volume of 475,329 shares, compared to its average volume of 1,933,677. The firm has a 50-day simple moving average of $32.29 and a two-hundred day simple moving average of $32.36. The company has a market capitalization of $4.74 billion, a PE ratio of 26.42 and a beta of 0.95. Box, Inc. has a one year low of $28.00 and a one year high of $38.80.

BOX (NYSE:BOX - Get Free Report) last released its quarterly earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.02. The company had revenue of $294.00 million during the quarter, compared to the consensus estimate of $290.19 million. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. The firm's quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.44 earnings per share. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. Sell-side analysts expect that Box, Inc. will post 0.27 earnings per share for the current fiscal year.

Insider Buying and Selling at BOX

In other BOX news, Director Dana L. Evan sold 7,590 shares of the company's stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $33.51, for a total transaction of $254,340.90. Following the sale, the director owned 115,725 shares of the company's stock, valued at approximately $3,877,944.75. This represents a 6.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Eli Berkovitch sold 3,000 shares of the company's stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $33.34, for a total transaction of $100,020.00. Following the transaction, the vice president owned 133,867 shares in the company, valued at $4,463,125.78. This represents a 2.19% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 102,752 shares of company stock valued at $3,395,069. 3.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

BOX has been the topic of several research reports. Zacks Research upgraded BOX from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 28th. DA Davidson set a $45.00 price target on shares of BOX and gave the stock a "buy" rating in a research note on Wednesday, May 28th. Wall Street Zen downgraded BOX from a "buy" rating to a "hold" rating in a report on Sunday, June 29th. Morgan Stanley reiterated a "positive" rating on shares of BOX in a research report on Wednesday, May 28th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $42.00 price target on shares of BOX in a report on Wednesday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $39.00.

About BOX

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.