Box, Inc. (NYSE:BOX) Shares Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC boosted its stake in shares of Box, Inc. (NYSE:BOX - Free Report) by 78.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 83,018 shares of the software maker's stock after purchasing an additional 36,590 shares during the period. Knights of Columbus Asset Advisors LLC owned approximately 0.06% of BOX worth $2,126,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BOX. Fairfield Bush & CO. acquired a new stake in BOX during the 1st quarter worth about $29,000. Quarry LP boosted its stake in shares of BOX by 318.2% during the 1st quarter. Quarry LP now owns 1,330 shares of the software maker's stock worth $36,000 after acquiring an additional 1,012 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of BOX during the 3rd quarter worth about $38,000. Point72 Middle East FZE purchased a new stake in shares of BOX during the 4th quarter worth about $68,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of BOX by 201.3% during the 1st quarter. Tower Research Capital LLC TRC now owns 2,754 shares of the software maker's stock worth $74,000 after acquiring an additional 1,840 shares in the last quarter. 86.74% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at BOX

In other news, CEO Aaron Levie sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $29.47, for a total transaction of $294,700.00. Following the completion of the sale, the chief executive officer now owns 3,048,653 shares in the company, valued at approximately $89,843,803.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO Dylan C. Smith sold 13,000 shares of the firm's stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $29.26, for a total transaction of $380,380.00. Following the completion of the sale, the chief financial officer now owns 1,395,702 shares in the company, valued at approximately $40,838,240.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Aaron Levie sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $29.47, for a total transaction of $294,700.00. Following the sale, the chief executive officer now owns 3,048,653 shares of the company's stock, valued at approximately $89,843,803.91. The disclosure for this sale can be found here. Insiders sold 133,660 shares of company stock worth $3,792,204 in the last 90 days. Insiders own 4.90% of the company's stock.

BOX Stock Up 0.8 %

BOX traded up $0.20 during trading on Friday, reaching $26.67. The company's stock had a trading volume of 1,467,723 shares, compared to its average volume of 1,455,887. The firm has a fifty day simple moving average of $27.48 and a two-hundred day simple moving average of $26.22. Box, Inc. has a 1 year low of $23.29 and a 1 year high of $31.94. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 39.81, a PEG ratio of 9.04 and a beta of 0.84.

BOX (NYSE:BOX - Get Free Report) last released its earnings results on Tuesday, March 5th. The software maker reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.07. BOX had a net margin of 12.43% and a negative return on equity of 9.46%. The business had revenue of $262.88 million for the quarter, compared to analyst estimates of $262.92 million. As a group, equities analysts forecast that Box, Inc. will post 0.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on BOX. JMP Securities reissued a "market outperform" rating and set a $32.00 target price on shares of BOX in a research note on Wednesday, March 20th. StockNews.com raised shares of BOX from a "buy" rating to a "strong-buy" rating in a research note on Thursday, April 11th. TheStreet raised shares of BOX from a "c" rating to a "b" rating in a research note on Tuesday, March 5th. Citigroup raised their price target on shares of BOX from $29.00 to $32.00 and gave the company a "buy" rating in a research note on Wednesday, March 6th. Finally, Royal Bank of Canada reaffirmed an "underperform" rating and issued a $21.00 price target on shares of BOX in a research note on Wednesday, March 20th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $30.89.

About BOX

Box, Inc provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company's Software-as-a-Service platform enables users to work with their content as they need from secure external collaboration and sharing, workspaces and portals, e-signature processes, and content workflows improving employee productivity and accelerating business processes.