UniSuper Management Pty Ltd Takes Position in Box, Inc. $BOX

Key Points

• UniSuper Management Pty Ltd has acquired a new stake in Box, Inc., purchasing 37,443 shares valued at approximately $1.155 million.
• A significant portion of Box, Inc.'s stock, 86.74%, is owned by institutional investors and hedge funds, indicating strong institutional interest.
• Box, Inc. reported an earnings per share (EPS) of $0.33 for the last quarter, exceeding analysts’ expectations and showcasing a 8.9% revenue growth year-over-year.

UniSuper Management Pty Ltd bought a new stake in Box, Inc. (NYSE:BOX - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 37,443 shares of the software maker's stock, valued at approximately $1,155,000.

A number of other institutional investors have also modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of BOX by 1.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 471,030 shares of the software maker's stock valued at $14,536,000 after acquiring an additional 5,643 shares during the period. EFG Asset Management North America Corp. increased its holdings in shares of BOX by 15.6% in the 1st quarter. EFG Asset Management North America Corp. now owns 120,115 shares of the software maker's stock valued at $3,707,000 after acquiring an additional 16,224 shares during the period. Ardsley Advisory Partners LP acquired a new position in shares of BOX in the 1st quarter valued at $741,000. Royal Bank of Canada increased its holdings in shares of BOX by 8.5% in the 1st quarter. Royal Bank of Canada now owns 638,062 shares of the software maker's stock valued at $19,690,000 after acquiring an additional 49,758 shares during the period. Finally, Caption Management LLC increased its stake in BOX by 94.7% in the 1st quarter. Caption Management LLC now owns 43,025 shares of the software maker's stock valued at $1,328,000 after buying an additional 20,925 shares during the period. 86.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BOX

In other BOX news, COO Olivia Nottebohm sold 2,013 shares of the business's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $32.00, for a total transaction of $64,416.00. Following the sale, the chief operating officer directly owned 530,060 shares in the company, valued at approximately $16,961,920. The trade was a 0.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Aaron Levie sold 15,000 shares of the business's stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $33.35, for a total transaction of $500,250.00. Following the sale, the chief executive officer owned 2,952,030 shares in the company, valued at $98,450,200.50. The trade was a 0.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 36,752 shares of company stock worth $1,228,589. 3.90% of the stock is currently owned by insiders.

BOX Stock Performance

Shares of NYSE BOX opened at $32.72 on Thursday. The firm has a market capitalization of $4.74 billion, a P/E ratio of 26.38 and a beta of 0.95. Box, Inc. has a one year low of $28.00 and a one year high of $38.80. The company's fifty day moving average is $32.34 and its two-hundred day moving average is $32.37.

BOX (NYSE:BOX - Get Free Report) last issued its earnings results on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, topping the consensus estimate of $0.31 by $0.02. The company had revenue of $294.00 million for the quarter, compared to analyst estimates of $290.19 million. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. The business's revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the firm earned $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 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BOX has been the topic of several recent research reports. DA Davidson set a $45.00 price objective on shares of BOX and gave the company a "buy" rating in a research note on Wednesday, May 28th. Raymond James Financial reissued an "outperform" rating and issued a $42.00 price objective on shares of BOX in a research note on Wednesday, August 27th. UBS Group boosted their price objective on shares of BOX from $40.00 to $42.00 and gave the company a "buy" rating in a research note on Wednesday, August 27th. Citigroup boosted their price objective on shares of BOX from $39.00 to $40.00 and gave the company a "buy" rating in a research note on Wednesday, August 27th. Finally, Royal Bank Of Canada boosted their price objective 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 equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, BOX presently has a consensus rating of "Moderate Buy" and a consensus price target of $39.00.

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.

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