Olivia Nottebohm Sells 4,612 Shares of BOX (NYSE:BOX) Stock

Key Points

• Olivia Nottebohm, COO of Box, Inc., sold 4,612 shares of the company at an average price of $33.10, totaling $152,657.20, which reduced her holdings by 0.90% to 506,863 shares.
• Box's latest earnings report showed an EPS of $0.33, exceeding analysts' expectations, with a revenue of $294 million for the quarter, up 8.9% year-over-year.
• Current analyst ratings on BOX indicate a "Moderate Buy" consensus, with target prices varying from $24.00 to $40.00.

Box, Inc. (NYSE:BOX - Get Free Report) COO Olivia Nottebohm sold 4,612 shares of the stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $33.10, for a total value of $152,657.20. Following the sale, the chief operating officer owned 506,863 shares of the company's stock, valued at approximately $16,777,165.30. The trade was a 0.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Olivia Nottebohm also recently made the following trade(s):

• On Friday, August 8th, Olivia Nottebohm sold 2,013 shares of BOX stock. The shares were sold at an average price of $32.00, for a total value of $64,416.00.
• On Monday, July 21st, Olivia Nottebohm sold 2,013 shares of BOX stock. The shares were sold at an average price of $32.50, for a total value of $65,422.50.

BOX Stock Performance

Shares of NYSE BOX traded down $0.09 during midday trading on Tuesday, reaching $32.66. The company's stock had a trading volume of 1,080,159 shares, compared to its average volume of 1,925,775. Box, Inc. has a fifty-two week low of $28.00 and a fifty-two week high of $38.80. The company has a market cap of $4.73 billion, a P/E ratio of 26.34 and a beta of 0.90. The business's 50 day moving average price is $32.25 and its two-hundred day moving average price is $32.52.

BOX (NYSE:BOX - Get Free Report) last issued its quarterly earnings results on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, beating analysts' consensus estimates 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 quarter in the prior year, the firm posted $0.44 earnings per share. The business's quarterly revenue 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. Sell-side analysts forecast that Box, Inc. will post 0.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on BOX shares. Zacks Research cut shares of BOX from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 26th. Weiss Ratings reiterated a "buy (b-)" rating on shares of BOX in a research note on Wednesday, October 8th. Royal Bank Of Canada increased their target price on shares of BOX from $24.00 to $26.00 and gave the company an "underperform" rating in a research report on Wednesday, August 27th. Wall Street Zen lowered shares of BOX from a "buy" rating to a "hold" rating in a report on Sunday, June 29th. Finally, Citigroup raised 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. Eight equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $38.25.

Hedge Funds Weigh In On BOX

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC increased its position in BOX by 10.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,127 shares of the software maker's stock worth $225,000 after buying an additional 679 shares during the period. Farther Finance Advisors LLC boosted its position in shares of BOX by 43.8% in the 1st quarter. Farther Finance Advisors LLC now owns 3,709 shares of the software maker's stock valued at $116,000 after purchasing an additional 1,130 shares during the period. GAMMA Investing LLC boosted its position in BOX by 184.4% during the 1st quarter. GAMMA Investing LLC now owns 4,135 shares of the software maker's stock worth $128,000 after acquiring an additional 2,681 shares during the period. 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 acquiring an additional 24,286 shares in the last quarter. Finally, Exchange Traded Concepts LLC raised its stake in shares of BOX by 2.6% in the 1st quarter. Exchange Traded Concepts LLC now owns 56,135 shares of the software maker's stock valued at $1,732,000 after acquiring an additional 1,441 shares in the last quarter. Hedge funds and other institutional investors own 86.74% of the company's stock.

About BOX

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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