Box, Inc. $BOX Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its holdings in Box, Inc. (NYSE:BOX) by 7.5% in the second quarter, HoldingsChannel reports. The firm owned 18,424 shares of the software maker’s stock after buying an additional 1,279 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in BOX were worth $630,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. RGM Capital LLC grew its holdings in shares of 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 purchasing an additional 318,459 shares in the last quarter. Congress Asset Management Co. lifted its stake in BOX by 2.2% in the second quarter. Congress Asset Management Co. now owns 1,886,750 shares of the software maker’s stock worth $64,470,000 after acquiring an additional 40,681 shares during the last quarter. Sunriver Management LLC lifted its stake in BOX by 62.9% in the first quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker’s stock worth $47,736,000 after acquiring an additional 597,410 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in BOX by 2.2% in the first quarter. BNP Paribas Financial Markets now owns 1,070,157 shares of the software maker’s stock worth $33,025,000 after acquiring an additional 22,962 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in BOX by 2.9% in the first quarter. Principal Financial Group Inc. now owns 801,576 shares of the software maker’s stock worth $24,737,000 after acquiring an additional 22,526 shares during the last quarter. Institutional investors and hedge funds own 86.74% of the company’s stock.

BOX Stock Performance

Shares of BOX opened at $32.95 on Friday. The stock has a market capitalization of $4.77 billion, a P/E ratio of 26.57 and a beta of 0.90. The company’s fifty day moving average is $32.23 and its two-hundred day moving average is $32.49. Box, Inc. has a 1 year low of $28.00 and a 1 year high of $38.80.

BOX (NYSE:BOX) last announced its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. The company had revenue of $294.00 million for 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 was up 8.9% compared to the same quarter last year. During the same period in the previous year, the company posted $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 predict that Box, Inc. will post 0.27 EPS for the current year.

Insider Buying and Selling at BOX

In other news, VP Eli Berkovitch sold 3,500 shares of the company’s stock in a transaction 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 transaction, the vice president directly owned 128,847 shares of the company’s stock, valued at $4,222,316.19. This represents a 2.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Aaron Levie sold 15,000 shares of the company’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $32.81, for a total transaction of $492,150.00. Following the transaction, the chief executive officer directly owned 2,937,030 shares in the company, valued at approximately $96,363,954.30. This trade represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 78,526 shares of company stock worth $2,572,014. Company insiders own 3.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BOX. Zacks Research downgraded shares of BOX from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Wall Street Zen downgraded shares of BOX from a “buy” rating to a “hold” rating in a research note on Sunday, June 29th. Royal Bank Of Canada lifted their price target on shares of BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 27th. UBS Group downgraded shares of BOX from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $42.00 to $36.00 in a research note on Thursday, September 18th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of BOX in a research note on Wednesday. Eight analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

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.