Jane Street Group LLC acquired a new position in shares of Box, Inc. (NYSE:BOX) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 15,181 shares of the software maker’s stock, valued at approximately $248,000.

Several other hedge funds have also bought and sold shares of the stock. Creative Planning boosted its position in Box by 0.4% in the first quarter. Creative Planning now owns 41,680 shares of the software maker’s stock worth $680,000 after buying an additional 180 shares during the period. Capital One National Association boosted its stake in shares of Box by 1.3% in the first quarter. Capital One National Association now owns 24,481 shares of the software maker’s stock worth $399,000 after buying an additional 309 shares during the last quarter. Metropolitan Life Insurance Co. NY boosted its stake in shares of Box by 4.4% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 35,294 shares of the software maker’s stock worth $489,000 after buying an additional 1,476 shares during the last quarter. American International Group Inc. boosted its stake in shares of Box by 7.1% in the first quarter. American International Group Inc. now owns 30,063 shares of the software maker’s stock worth $490,000 after buying an additional 1,991 shares during the last quarter. Finally, Lyell Wealth Management LP boosted its stake in shares of Box by 11.2% in the first quarter. Lyell Wealth Management LP now owns 32,615 shares of the software maker’s stock worth $532,000 after buying an additional 3,283 shares during the last quarter. Institutional investors own 36.57% of the company’s stock.

Shares of Box, Inc. (NYSE:BOX) traded down 0.32% during trading on Thursday, hitting $18.74. The company had a trading volume of 634,184 shares. Box, Inc. has a 52 week low of $11.67 and a 52 week high of $20.91. The stock’s market capitalization is $1.51 billion. The firm’s 50 day moving average is $18.88 and its 200-day moving average is $17.84.

Box (NYSE:BOX) last posted its earnings results on Wednesday, May 31st. The software maker reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.01. The firm had revenue of $117.20 million during the quarter, compared to analyst estimates of $114.70 million. Box had a negative net margin of 36.01% and a negative return on equity of 187.98%. Box’s revenue was up 29.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.18) EPS. Equities research analysts anticipate that Box, Inc. will post ($0.46) EPS for the current fiscal year.

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A number of research firms recently commented on BOX. Drexel Hamilton reaffirmed a “buy” rating and issued a $28.00 price target (up previously from $26.00) on shares of Box in a research note on Thursday, June 1st. Canaccord Genuity reaffirmed a “buy” rating and issued a $24.00 price target (up previously from $22.00) on shares of Box in a research note on Thursday, June 1st. Bank of America Corporation reissued a “buy” rating and set a $22.00 target price (up previously from $21.00) on shares of Box in a research note on Friday, June 2nd. Rosenblatt Securities reissued a “buy” rating and set a $25.00 target price on shares of Box in a research note on Monday, July 17th. Finally, Pacific Crest reaffirmed an “overweight” rating and issued a $25.00 price objective on shares of Box in a research note on Wednesday, May 31st. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $22.24.

In other Box news, insider Daniel J. Levin sold 50,000 shares of the business’s stock in a transaction dated Thursday, July 27th. The shares were sold at an average price of $20.00, for a total transaction of $1,000,000.00. Following the completion of the transaction, the insider now directly owns 3,752 shares of the company’s stock, valued at approximately $75,040. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Daniel J. Levin sold 40,000 shares of the business’s stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $18.93, for a total transaction of $757,200.00. Following the transaction, the chief operating officer now directly owns 3,752 shares of the company’s stock, valued at $71,025.36. The disclosure for this sale can be found here. Insiders have sold a total of 1,768,934 shares of company stock valued at $33,066,666 over the last three months. 22.30% of the stock is currently owned by company insiders.

About Box

Box, Inc provides an enterprise content management platform that enables organizations of all sizes to manage enterprise content while allowing access and sharing of this content from anywhere, on any device. With the Company’s Software-as-a-Service (SaaS) cloud-based platform, users can collaborate on content both internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security and compliance features to comply with internal policies and industry regulations.

Institutional Ownership by Quarter for Box (NYSE:BOX)

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