Box, Inc. $BOX Stake Increased by Capital Fund Management S.A.

Key Points

• Capital Fund Management S.A. increased its stake in Box, Inc. by 38.5% in Q1, accumulating a total of 342,753 shares valued at approximately $10.6 million.
• Several hedge funds, including Public Sector Pension Investment Board and Quantbot Technologies LP, also increased their positions in Box, leading to institutional investors owning 86.74% of the company's stock.
• Analysts have shown a positive sentiment towards Box, with UBS upgrading it to a strong-buy and several analysts raising their price targets, suggesting a consensus target of $38.50.

Capital Fund Management S.A. lifted its stake in Box, Inc. (NYSE:BOX - Free Report) by 38.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 342,753 shares of the software maker's stock after buying an additional 95,249 shares during the period. Capital Fund Management S.A. owned approximately 0.24% of BOX worth $10,577,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Earnest Partners LLC increased its stake in shares of BOX by 2.1% during the 4th quarter. Earnest Partners LLC now owns 7,896,931 shares of the software maker's stock worth $249,543,000 after purchasing an additional 162,437 shares during the last quarter. Dimensional Fund Advisors LP raised its position in BOX by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,610,450 shares of the software maker's stock worth $82,492,000 after acquiring an additional 11,376 shares during the period. Congress Asset Management Co. grew its stake in BOX by 11.2% during the first quarter. Congress Asset Management Co. now owns 1,846,069 shares of the software maker's stock valued at $56,970,000 after acquiring an additional 186,423 shares in the last quarter. Northern Trust Corp boosted its stake in shares of BOX by 7.4% during the 4th quarter. Northern Trust Corp now owns 1,657,127 shares of the software maker's stock worth $52,365,000 after purchasing an additional 113,822 shares during the period. Finally, First Trust Advisors LP raised its holdings in shares of BOX by 18.2% in the 4th quarter. First Trust Advisors LP now owns 1,366,007 shares of the software maker's stock valued at $43,166,000 after purchasing an additional 210,002 shares in the last quarter. 86.74% of the stock is owned by institutional investors.

BOX Price Performance

NYSE BOX traded up $0.87 during trading hours on Wednesday, reaching $32.03. 2,576,572 shares of the stock traded hands, compared to its average volume of 1,914,961. The company has a market cap of $4.61 billion, a price-to-earnings ratio of 24.85 and a beta of 0.96. The stock has a 50 day simple moving average of $32.67 and a two-hundred day simple moving average of $32.52. Box, Inc. has a 1 year low of $28.00 and a 1 year high of $38.80.

BOX (NYSE:BOX - Get Free Report) last posted its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. The business had revenue of $294.00 million for the quarter, compared to analysts' expectations of $290.19 million. BOX had a negative return on equity of 20.17% and a net margin of 21.38%.The business's revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the firm posted $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. On average, sell-side analysts forecast that Box, Inc. will post 0.27 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of BOX from $37.00 to $39.00 and gave the company an "overweight" rating in a research report on Wednesday, May 28th. Citigroup reiterated a "buy" rating on shares of BOX in a research note on Wednesday. Wall Street Zen downgraded BOX from a "buy" rating to a "hold" rating in a report on Sunday, June 29th. Royal Bank Of Canada upped their price target on BOX from $24.00 to $26.00 and gave the stock an "underperform" rating in a report on Wednesday. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $42.00 price target on shares of BOX in a report on Wednesday. Eight investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $39.00.

Insider Buying and Selling at BOX

In related news, Director Bethany Mayer sold 5,123 shares of the firm's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $34.06, for a total value of $174,489.38. Following the sale, the director owned 15,284 shares of the company's stock, valued at $520,573.04. This trade represents a 25.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Olivia Nottebohm sold 2,013 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $32.00, for a total value of $64,416.00. Following the completion of the sale, the chief operating officer directly owned 530,060 shares of the company's stock, valued at $16,961,920. This represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 94,504 shares of company stock valued at $3,363,371. Company insiders own 3.90% of the company's stock.

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.