Insider Selling: BOX (NYSE:BOX) VP Sells 3,500 Shares of Stock

Key Points

• Box, Inc. VP Eli Berkovitch sold 3,500 shares of stock on October 7th for a total of $114,695, decreasing their ownership by 2.64% to 128,847 shares.
• BOX's stock recently traded at $33.00, reflecting a 0.7% increase, with a market capitalization of $4.78 billion.
• The company reported earnings of $0.33 EPS for the previous quarter, surpassing analysts' expectations, and projecting FY 2026 guidance between 1.260-1.28 EPS.

Box, Inc. (NYSE:BOX - Get Free Report) VP Eli Berkovitch sold 3,500 shares of the company's stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $32.77, for a total transaction of $114,695.00. Following the sale, the vice president directly owned 128,847 shares of the company's stock, valued at approximately $4,222,316.19. This represents a 2.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Eli Berkovitch also recently made the following trade(s):

• On Thursday, July 10th, Eli Berkovitch sold 3,000 shares of BOX stock. The shares were sold at an average price of $33.34, for a total transaction of $100,020.00.

BOX Stock Up 0.7%

BOX stock traded up $0.22 during trading on Wednesday, hitting $33.00. The company had a trading volume of 1,894,302 shares, compared to its average volume of 1,785,362. Box, Inc. has a 52-week low of $28.00 and a 52-week high of $38.80. The company has a 50 day simple moving average of $32.18 and a 200-day simple moving average of $32.46. The firm has a market capitalization of $4.78 billion, a P/E ratio of 26.61 and a beta of 0.90.

BOX (NYSE:BOX - Get Free Report) last released its earnings results on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.02. The company had revenue of $294.00 million during the quarter, compared to analysts' expectations of $290.19 million. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. BOX's revenue for the quarter was up 8.9% on a year-over-year basis. During the same period last year, the business 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. Sell-side analysts forecast that Box, Inc. will post 0.27 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BOX. Royal Bank Of Canada increased their price target on shares of BOX from $24.00 to $26.00 and gave the stock an "underperform" rating in a research report on Wednesday, August 27th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of BOX in a report on Wednesday. Zacks Research downgraded BOX from a "strong-buy" rating to a "hold" rating in a report on Friday, September 26th. Wall Street Zen lowered shares of BOX from a "buy" rating to a "hold" rating in a research report on Sunday, June 29th. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $42.00 price target on shares of BOX in a report on Wednesday, August 27th. Eight analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, BOX has an average rating of "Moderate Buy" and a consensus price target of $38.25.

Institutional Trading of BOX

Several institutional investors have recently modified their holdings of BOX. TCTC Holdings LLC lifted its stake in BOX by 115.4% in the 1st quarter. TCTC Holdings LLC now owns 825 shares of the software maker's stock worth $25,000 after acquiring an additional 442 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of BOX by 7,130.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 723 shares of the software maker's stock worth $25,000 after purchasing an additional 713 shares in the last quarter. MorganRosel Wealth Management LLC bought a new position in shares of BOX during the 1st quarter worth approximately $31,000. Geneos Wealth Management Inc. bought a new position in shares of BOX during the 1st quarter worth approximately $31,000. Finally, Ameritas Advisory Services LLC bought a new position in BOX in the 2nd quarter valued at $41,000. Institutional investors and hedge funds own 86.74% 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.

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