Fort Washington Investment Advisors Inc. OH Has $17.49 Million Stock Position in Box, Inc. $BOX

Key Points

• Fort Washington Investment Advisors Inc. OH increased its stake in Box, Inc. by 8.4%, owning approximately 511,955 shares valued at $17.49 million as of the latest filing.
• Several institutional investors, including Sunriver Management LLC and GAMMA Investing LLC, significantly increased their holdings in Box, indicating a strong interest in the stock.
• After recent insider sales, only 3.90% of Box's stock is owned by insiders, while institutional investors control 86.74% of the company’s shares.

Fort Washington Investment Advisors Inc. OH lifted its position in shares of Box, Inc. (NYSE:BOX - Free Report) by 8.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 511,955 shares of the software maker's stock after purchasing an additional 39,792 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.36% of BOX worth $17,494,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of BOX. Cerity Partners LLC acquired a new position in shares of BOX in the first quarter valued at $1,395,000. Sunriver Management LLC raised its stake in shares of BOX by 62.9% in the 1st quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker's stock valued at $47,736,000 after buying an additional 597,410 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of BOX by 420.1% in the 1st quarter. SG Americas Securities LLC now owns 30,067 shares of the software maker's stock valued at $928,000 after buying an additional 24,286 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of 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 acquiring an additional 126,152 shares during the period. Finally, Krilogy Financial LLC acquired a new stake in shares of BOX during the 1st quarter valued at about $387,000. Institutional investors and hedge funds own 86.74% of the company's stock.

Insiders Place Their Bets

In other news, CFO Dylan C. Smith sold 51,000 shares of the business's stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $32.83, for a total value of $1,674,330.00. Following the sale, the chief financial officer directly owned 1,480,732 shares in the company, valued at $48,612,431.56. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Dana L. Evan sold 7,590 shares of the company's stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $33.51, for a total value of $254,340.90. Following the transaction, the director directly owned 115,725 shares of the company's stock, valued at $3,877,944.75. This represents a 6.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 95,616 shares of company stock worth $3,150,929 in the last ninety days. 3.90% of the stock is owned by insiders.

BOX Trading Up 0.4%

Shares of BOX stock opened at $32.43 on Monday. The stock's fifty day simple moving average is $32.24 and its 200 day simple moving average is $32.39. The company has a market capitalization of $4.70 billion, a PE ratio of 26.15 and a beta of 0.95. Box, Inc. has a 12 month low of $28.00 and a 12 month high of $38.80.

BOX (NYSE:BOX - Get Free Report) last announced its quarterly earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.02. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.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 company earned $0.44 earnings per share. The company's revenue for the quarter was up 8.9% compared to the same quarter last year. 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 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on BOX shares. Wall Street Zen cut shares of BOX from a "buy" rating to a "hold" rating in a research note on Sunday, June 29th. Citigroup raised their target price on BOX from $39.00 to $40.00 and gave the stock a "buy" rating in a research report on Wednesday, August 27th. UBS Group cut BOX from a "buy" rating to a "neutral" rating and lowered their price target for the company from $42.00 to $36.00 in a research report on Thursday, September 18th. Raymond James Financial reiterated an "outperform" rating and set a $42.00 price objective on shares of BOX in a research note on Wednesday, August 27th. Finally, Royal Bank Of Canada boosted their target price on shares of BOX from $24.00 to $26.00 and gave the company an "underperform" rating in a research note on Wednesday, August 27th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, BOX presently has an average rating of "Moderate Buy" and an average target price of $38.25.

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.

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