14,174 Shares in Box, Inc. $BOX Acquired by Sivia Capital Partners LLC

Key Points

• Sivia Capital Partners LLC has acquired a new stake in Box, Inc., purchasing 14,174 shares valued at approximately $484,000.
• Several institutional investors have increased their holdings in Box, Inc., with 86.74% of the company's stock now owned by institutional investors.
• Box reported quarterly earnings of $0.33 per share, exceeding analysts' expectations, while revenue rose 8.9% year-over-year to $294 million.

Sivia Capital Partners LLC bought a new stake in shares of Box, Inc. (NYSE:BOX - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 14,174 shares of the software maker's stock, valued at approximately $484,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TCTC Holdings LLC grew its holdings in shares of BOX by 115.4% in the 1st quarter. TCTC Holdings LLC now owns 825 shares of the software maker's stock valued at $25,000 after buying an additional 442 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of BOX by 332.5% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 865 shares of the software maker's stock worth $27,000 after buying an additional 665 shares during the last quarter. MorganRosel Wealth Management LLC acquired a new position in shares of BOX during the 1st quarter worth about $31,000. Geneos Wealth Management Inc. acquired a new position in shares of BOX during the 1st quarter worth about $31,000. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in shares of BOX by 692.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,316 shares of the software maker's stock valued at $45,000 after purchasing an additional 1,150 shares during the period. Institutional investors own 86.74% of the company's stock.

Insiders Place Their Bets

In other BOX news, CEO Aaron Levie sold 15,000 shares of BOX stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $32.81, for a total value of $492,150.00. Following the sale, the chief executive officer owned 2,937,030 shares of the company's stock, valued at approximately $96,363,954.30. The trade was a 0.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Eli Berkovitch sold 3,000 shares of BOX stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $33.34, for a total transaction of $100,020.00. Following the completion of the sale, the vice president directly owned 133,867 shares in the company, valued at approximately $4,463,125.78. This represents a 2.19% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 102,752 shares of company stock valued at $3,395,069. Company insiders own 3.90% of the company's stock.

BOX Stock Down 0.5%

BOX traded down $0.16 during midday trading on Friday, hitting $32.14. The company had a trading volume of 3,327,873 shares, compared to its average volume of 1,948,513. The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of 25.92 and a beta of 0.95. The stock's 50 day moving average price is $32.25 and its 200 day moving average price is $32.36. Box, Inc. has a 52 week low of $28.00 and a 52 week 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 for the quarter, topping the consensus estimate of $0.31 by $0.02. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. The business had revenue of $294.00 million for the quarter, compared to analysts' expectations of $290.19 million. During the same period in the previous year, the company earned $0.44 earnings per share. The firm'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. Research analysts predict that Box, Inc. will post 0.27 EPS for the current year.

Analysts Set New Price Targets

BOX has been the topic of a number of research analyst reports. Royal Bank Of Canada upped their target price on shares of BOX from $24.00 to $26.00 and gave the company an "underperform" rating in a report on Wednesday, August 27th. DA Davidson set a $45.00 target price on shares of BOX and gave the stock a "buy" rating in a research report on Wednesday, May 28th. Wall Street Zen lowered shares of BOX from a "buy" rating to a "hold" rating in a research report on Sunday, June 29th. UBS Group lowered shares of BOX from a "buy" rating to a "neutral" rating and cut their target price for the company from $42.00 to $36.00 in a research report on Thursday. Finally, Zacks Research raised shares of BOX from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, BOX presently has an average rating of "Moderate Buy" and an average target price of $38.25.

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.