CW Advisors LLC Raises Holdings in Box, Inc. $BOX

Key Points

• CW Advisors LLC increased its position in Box, Inc. by 11.2% during Q1, owning 253,012 shares valued at approximately $7.81 million as of the latest filing.
• Box, Inc. reported earnings of $0.30 per share for the latest quarter, exceeding estimates of $0.25, alongside a revenue increase of 4.4% year-over-year.
• Several analysts have upgraded Box's stock rating, with UBS raising its price target from $37.00 to $40.00, indicating a positive outlook for future performance.

CW Advisors LLC grew its position in shares of Box, Inc. (NYSE:BOX - Free Report) by 11.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 253,012 shares of the software maker's stock after purchasing an additional 25,445 shares during the quarter. CW Advisors LLC owned approximately 0.18% of BOX worth $7,808,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Marshall Wace LLP raised its stake in shares of BOX by 153.5% during the fourth quarter. Marshall Wace LLP now owns 157,375 shares of the software maker's stock valued at $4,973,000 after acquiring an additional 95,302 shares during the last quarter. Dimensional Fund Advisors LP raised its position in BOX by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,610,450 shares of the software maker's stock worth $82,492,000 after purchasing an additional 11,376 shares during the last quarter. MetLife Investment Management LLC raised its position in BOX by 4.6% during the 4th quarter. MetLife Investment Management LLC now owns 84,995 shares of the software maker's stock worth $2,686,000 after purchasing an additional 3,759 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in BOX by 25.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,315 shares of the software maker's stock worth $200,000 after buying an additional 1,271 shares during the period. Finally, TD Waterhouse Canada Inc. grew its position in shares of BOX by 42.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 2,194 shares of the software maker's stock valued at $69,000 after buying an additional 653 shares during the last quarter. 86.74% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BOX has been the subject of a number of analyst reports. Morgan Stanley restated a "positive" rating on shares of BOX in a research report on Wednesday, May 28th. Citigroup boosted their price target on shares of BOX from $39.00 to $40.00 and gave the stock a "buy" rating in a research report on Wednesday. Wall Street Zen downgraded shares of BOX from a "buy" rating to a "hold" rating in a research note on Sunday, June 29th. Raymond James Financial restated an "outperform" rating and issued a $42.00 target price on shares of BOX in a report on Wednesday. Finally, JPMorgan Chase & Co. increased their price target on BOX from $37.00 to $39.00 and gave the stock an "overweight" rating in a report on Wednesday, May 28th. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $39.00.

BOX Trading Up 0.8%

Shares of BOX traded up $0.28 during trading hours on Thursday, reaching $32.74. 1,086,959 shares of the stock traded hands, compared to its average volume of 1,928,823. Box, Inc. has a 52 week low of $28.00 and a 52 week high of $38.80. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 26.36 and a beta of 0.96. The stock has a fifty day simple moving average of $32.62 and a 200 day simple moving average of $32.52.

BOX (NYSE:BOX - Get Free Report) last posted its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. BOX had a net margin of 20.30% and a negative return on equity of 20.49%. The firm had revenue of $294.00 million during the quarter, compared to analyst estimates of $290.19 million. During the same quarter last year, the business posted $0.44 EPS. The company's revenue for the quarter 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. Analysts predict that Box, Inc. will post 0.27 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Aaron Levie sold 15,000 shares of the business'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 transaction of $500,250.00. Following the completion of the transaction, the chief executive officer owned 2,952,030 shares of the company's stock, valued at approximately $98,450,200.50. The trade was a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Olivia Nottebohm sold 2,013 shares of the firm's stock in a transaction on Friday, August 8th. The stock was 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. The trade was a 0.38% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 57,005 shares of company stock valued at $1,985,658. 3.90% of the stock is currently owned by corporate insiders.

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.