Healthcare of Ontario Pension Plan Trust Fund Purchases 53,953 Shares of Box, Inc. $BOX

Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Box, Inc. (NYSE:BOX) by 491.1% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 64,940 shares of the software maker’s stock after buying an additional 53,953 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in BOX were worth $1,535,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership increased its stake in BOX by 9.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,918,991 shares of the software maker’s stock worth $116,285,000 after acquiring an additional 407,733 shares during the last quarter. RGM Capital LLC boosted its position in shares of BOX by 8.2% during the 4th quarter. RGM Capital LLC now owns 3,330,168 shares of the software maker’s stock valued at $99,605,000 after acquiring an additional 251,520 shares during the last quarter. Sei Investments Co. boosted its position in shares of BOX by 2.9% during the 3rd quarter. Sei Investments Co. now owns 3,316,783 shares of the software maker’s stock valued at $107,033,000 after acquiring an additional 94,289 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of BOX by 823,134.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,054,200 shares of the software maker’s stock worth $91,351,000 after purchasing an additional 3,053,829 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of BOX by 0.5% during the first quarter. Dimensional Fund Advisors LP now owns 2,674,883 shares of the software maker’s stock worth $63,232,000 after purchasing an additional 13,983 shares in the last quarter. 86.74% of the stock is currently owned by hedge funds and other institutional investors.

BOX Trading Up 1.4%

Shares of BOX stock opened at $31.53 on Friday. The firm has a market capitalization of $4.37 billion, a PE ratio of 48.51, a price-to-earnings-growth ratio of 11.13 and a beta of 0.74. The business’s 50-day moving average price is $27.66 and its 200-day moving average price is $25.61. Box, Inc. has a 12 month low of $21.34 and a 12 month high of $33.88.

BOX (NYSE:BOX) last announced its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $305.94 million for the quarter, compared to analysts’ expectations of $304.39 million. BOX had a negative return on equity of 24.19% and a net margin of 10.35%.BOX’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period last year, the firm posted $0.30 EPS. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. As a group, analysts predict that Box, Inc. will post 0.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

BOX has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 23rd. UBS Group boosted their price target on shares of BOX from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. DA Davidson reissued a “buy” rating and issued a $45.00 price target on shares of BOX in a report on Wednesday, May 27th. Wall Street Zen cut shares of BOX from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Citigroup lifted their price objective on shares of BOX from $36.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $35.33.

Insider Buying and Selling at BOX

In related news, CFO Dylan C. Smith sold 17,000 shares of BOX stock in a transaction on Friday, July 10th. The shares were sold at an average price of $29.05, for a total value of $493,850.00. Following the transaction, the chief financial officer owned 1,337,075 shares in the company, valued at $38,842,028.75. This trade represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Aaron Levie sold 15,000 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $24.32, for a total transaction of $364,800.00. Following the completion of the sale, the chief executive officer directly owned 2,874,673 shares of the company’s stock, valued at $69,912,047.36. This represents a 0.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 108,352 shares of company stock valued at $2,833,429. Insiders own 3.99% of the company’s stock.

BOX Company Profile

Box, Inc is a leading provider of cloud content management and file sharing solutions designed to support enterprises in securely managing, accessing and collaborating on digital content from anywhere. The company offers a unified platform that enables organizations to store, share and automate workflows across various departments, enhancing productivity and ensuring governance over sensitive information. Box’s services are tailored to meet the needs of industries such as healthcare, financial services, government and media, where compliance and data security are paramount.

The core offerings of Box include its Content Cloud platform, which provides content collaboration, workflow automation, data classification and secure file sharing.