BNP Paribas Financial Markets Buys 22,962 Shares of Box, Inc. $BOX

Key Points

• BNP Paribas Financial Markets increased its holdings in Box, Inc. by 2.2%, now owning approximately 1,070,157 shares valued at $33 million.
• In the first quarter, several investors, including TCTC Holdings LLC and Versant Capital Management Inc., significantly increased their stakes in Box, leading to institutional investors owning 86.74% of BOX stock.
• Box, Inc. reported earnings of $0.33 per share for the last quarter, surpassing estimates, while projecting a fiscal year 2026 guidance of 1.260 to 1.280 EPS.

BNP Paribas Financial Markets boosted its position in shares of Box, Inc. (NYSE:BOX - Free Report) by 2.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,070,157 shares of the software maker's stock after buying an additional 22,962 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.74% of BOX worth $33,025,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cerity Partners LLC acquired a new position in BOX during the 1st quarter worth $1,395,000. Sunriver Management LLC lifted its holdings in BOX by 62.9% during the 1st quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker's stock worth $47,736,000 after buying an additional 597,410 shares in the last quarter. SG Americas Securities LLC lifted its holdings in BOX by 420.1% during the 1st quarter. SG Americas Securities LLC now owns 30,067 shares of the software maker's stock worth $928,000 after buying an additional 24,286 shares in the last quarter. Quantinno Capital Management LP acquired a new position in BOX during the 4th quarter worth $289,000. Finally, GAMMA Investing LLC lifted its holdings in BOX by 8,676.2% during the 1st quarter. GAMMA Investing LLC now owns 127,606 shares of the software maker's stock worth $4,135,000 after buying an additional 126,152 shares in the last quarter. Institutional investors and hedge funds own 86.74% of the company's stock.

Insider Activity

In other BOX news, Director Dana L. Evan sold 7,590 shares of the stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $33.51, for a total transaction of $254,340.90. Following the completion of the transaction, the director owned 115,725 shares in the company, valued at approximately $3,877,944.75. This represents a 6.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Dylan C. Smith sold 13,000 shares of BOX stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $37.23, for a total value of $483,990.00. Following the completion of the sale, the chief financial officer directly owned 1,507,550 shares in the company, valued at approximately $56,126,086.50. This represents a 0.85% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 51,081 shares of company stock worth $1,762,323. 3.90% of the stock is currently owned by insiders.

BOX Stock Down 0.1%

Shares of BOX traded down $0.02 during trading hours on Friday, reaching $32.72. The stock had a trading volume of 1,027,980 shares, compared to its average volume of 1,946,917. Box, Inc. has a 52 week low of $28.00 and a 52 week high of $38.80. The firm has a 50-day moving average of $32.39 and a 200 day moving average of $32.42. The company has a market cap of $4.71 billion, a P/E ratio of 26.40 and a beta of 0.95.

BOX (NYSE:BOX - Get Free Report) last released its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.02. The business had revenue of $294.00 million during the quarter, compared to analysts' expectations 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 quarter in the prior year, the company 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. As a group, equities analysts expect that Box, Inc. will post 0.27 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on BOX. UBS Group increased their price target on BOX from $40.00 to $42.00 and gave the company a "buy" rating in a research note on Wednesday, August 27th. Zacks Research raised BOX from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 28th. Citigroup increased their price target on BOX from $39.00 to $40.00 and gave the company a "buy" rating in a research note on Wednesday, August 27th. Morgan Stanley reissued a "positive" rating on shares of BOX in a research note on Wednesday, May 28th. Finally, DA Davidson set a $45.00 price target on BOX and gave the company a "buy" rating in a research note on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, BOX presently has a consensus rating of "Moderate Buy" and an average price target of $39.00.

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.