United Services Automobile Association Buys Shares of 9,097 Box, Inc. $BOX

United Services Automobile Association bought a new stake in Box, Inc. (NYSE:BOX) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,097 shares of the software maker’s stock, valued at approximately $283,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BOX. Sunriver Management LLC lifted its holdings in BOX by 62.9% in the first quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker’s stock valued at $47,736,000 after acquiring an additional 597,410 shares during the period. RGM Capital LLC lifted its holdings in BOX by 9.3% in the first quarter. RGM Capital LLC now owns 3,749,773 shares of the software maker’s stock valued at $115,718,000 after acquiring an additional 318,459 shares during the period. Janus Henderson Group PLC lifted its holdings in BOX by 126.0% in the fourth quarter. Janus Henderson Group PLC now owns 487,387 shares of the software maker’s stock valued at $15,399,000 after acquiring an additional 271,745 shares during the period. Edgestream Partners L.P. lifted its holdings in BOX by 248.8% in the first quarter. Edgestream Partners L.P. now owns 294,887 shares of the software maker’s stock valued at $9,100,000 after acquiring an additional 210,350 shares during the period. Finally, Voss Capital LP acquired a new stake in BOX in the first quarter valued at $5,958,000. Institutional investors and hedge funds own 86.74% of the company’s stock.

Insider Transactions at BOX

In other BOX news, VP Eli Berkovitch sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $33.34, for a total value of $100,020.00. Following the completion of the transaction, the vice president owned 133,867 shares in the company, valued at $4,463,125.78. This represents a 2.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bethany Mayer sold 5,123 shares of the company’s stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $34.06, for a total value of $174,489.38. Following the completion of the transaction, the director directly owned 15,284 shares in the company, valued at approximately $520,573.04. The trade was a 25.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 102,752 shares of company stock worth $3,395,069 over the last 90 days. 3.90% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on BOX. Raymond James Financial reissued an “outperform” rating and issued a $42.00 target price on shares of BOX in a report on Wednesday, August 27th. Citigroup lifted their price target on BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, August 27th. JPMorgan Chase & Co. lifted their price target on BOX from $37.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 28th. Morgan Stanley reaffirmed a “positive” rating on shares of BOX in a research note on Wednesday, May 28th. Finally, Royal Bank Of Canada lifted their price target on BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 27th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $39.00.

BOX Trading Down 1.4%

Shares of BOX stock opened at $32.53 on Friday. The firm has a 50-day moving average price of $32.32 and a 200 day moving average price of $32.36. Box, Inc. has a twelve month low of $28.00 and a twelve month high of $38.80. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 26.23 and a beta of 0.95.

BOX (NYSE:BOX) last posted its quarterly earnings results on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The company had revenue of $294.00 million during the quarter, compared to analysts’ expectations of $290.19 million. During the same quarter in the previous year, the business earned $0.44 EPS. The firm’s revenue was up 8.9% on a year-over-year basis. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. As a group, research analysts predict that Box, Inc. will post 0.27 earnings per share for the current year.

BOX 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.