Trexquant Investment LP Raises Stock Position in Box, Inc. $BOX

Key Points

• Trexquant Investment LP increased its stake in Box, Inc. by 62.8% in the first quarter, owning 164,928 shares worth approximately $5.09 million.
• Institutional investors now own 86.74% of Box's stock, indicating strong confidence in the company's performance.
• Box's latest earnings report showed an EPS of $0.33, surpassing analyst expectations, with guidance suggesting FY 2026 EPS between 1.260-1.28.

Trexquant Investment LP raised its holdings in shares of Box, Inc. (NYSE:BOX - Free Report) by 62.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 164,928 shares of the software maker's stock after acquiring an additional 63,615 shares during the quarter. Trexquant Investment LP owned about 0.11% of BOX worth $5,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of BOX. Sunriver Management LLC grew its position in shares of BOX by 62.9% during the 1st quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker's stock valued at $47,736,000 after purchasing an additional 597,410 shares in the last quarter. RGM Capital LLC grew its position in BOX by 9.3% in the first quarter. RGM Capital LLC now owns 3,749,773 shares of the software maker's stock worth $115,718,000 after acquiring an additional 318,459 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew its position in BOX by 219.4% in the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 420,907 shares of the software maker's stock worth $13,301,000 after acquiring an additional 289,112 shares in the last quarter. Janus Henderson Group PLC grew its position in 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 acquiring an additional 271,745 shares in the last quarter. Finally, Edgestream Partners L.P. grew its position in BOX by 248.8% in the first quarter. Edgestream Partners L.P. now owns 294,887 shares of the software maker's stock worth $9,100,000 after acquiring an additional 210,350 shares in the last quarter. Institutional investors own 86.74% of the company's stock.

Insider Activity

In related news, CEO Aaron Levie sold 15,000 shares of the firm's stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $33.35, for a total value of $500,250.00. Following the sale, the chief executive officer owned 2,952,030 shares in the company, valued at approximately $98,450,200.50. This trade represents a 0.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Bethany Mayer sold 5,123 shares of the firm's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $34.06, for a total transaction of $174,489.38. Following the completion of the sale, the director owned 15,284 shares in the company, valued at $520,573.04. This represents a 25.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 51,081 shares of company stock valued at $1,762,323. Company insiders own 3.90% of the company's stock.

BOX Stock Up 1.0%

Shares of NYSE:BOX traded up $0.34 during midday trading on Thursday, hitting $32.70. 2,990,427 shares of the stock traded hands, compared to its average volume of 1,952,788. The stock has a market capitalization of $4.70 billion, a PE ratio of 26.37 and a beta of 0.95. The business's 50 day moving average is $32.42 and its two-hundred day moving average is $32.43. 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 (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.02. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. The company had revenue of $294.00 million during the quarter, compared to the consensus estimate of $290.19 million. During the same period in the prior year, the firm earned $0.44 earnings per share. BOX's revenue was up 8.9% on a year-over-year basis. 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, sell-side analysts forecast that Box, Inc. will post 0.27 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on BOX shares. Raymond James Financial reiterated an "outperform" rating and issued a $42.00 target price on shares of BOX in a research report on Wednesday, August 27th. Morgan Stanley reiterated a "positive" rating on shares of BOX in a research report on Wednesday, May 28th. Royal Bank Of Canada upped their price target on shares of BOX from $24.00 to $26.00 and gave the company an "underperform" rating in a research report on Wednesday, August 27th. Citigroup upped 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, Zacks Research upgraded shares of BOX from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 28th. One 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. According to MarketBeat, BOX currently has an average rating of "Moderate Buy" and an average 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.