BOX (NYSE:BOX) CEO Sells $513,600.00 in Stock

Box, Inc. (NYSE:BOX) CEO Aaron Levie sold 15,000 shares of the business’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $34.24, for a total transaction of $513,600.00. Following the completion of the sale, the chief executive officer owned 2,859,673 shares in the company, valued at approximately $97,915,203.52. This trade represents a 0.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Aaron Levie also recently made the following trade(s):

• On Monday, June 22nd, Aaron Levie sold 15,000 shares of BOX stock. The shares were sold at an average price of $24.32, for a total transaction of $364,800.00.

BOX Trading Down 1.2%

Shares of NYSE:BOX traded down $0.40 during trading on Friday, reaching $33.72. The company’s stock had a trading volume of 1,713,930 shares, compared to its average volume of 2,646,494. The stock has a market capitalization of $4.63 billion, a PE ratio of 48.86, a price-to-earnings-growth ratio of 11.48 and a beta of 0.73. Box, Inc. has a 12 month low of $21.34 and a 12 month high of $36.34. The firm’s 50 day simple moving average is $32.01 and its two-hundred day simple moving average is $27.33.

BOX (NYSE:BOX) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $0.40 earnings per share for the quarter, hitting the consensus estimate of $0.40. The company had revenue of $321.15 million for the quarter, compared to analysts’ expectations of $319.33 million. BOX had a negative return on equity of 20.97% and a net margin of 10.59%.The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.33 earnings per share. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. Research analysts anticipate that Box, Inc. will post 0.32 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BOX has been the subject of several recent analyst reports. Wall Street Zen lowered shares of BOX from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Weiss Ratings raised shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 23rd. Citigroup raised their target price on shares of BOX from $37.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, August 26th. DA Davidson lifted their price target on shares of BOX from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Finally, Bank of America reissued a “buy” rating on shares of BOX in a research report on Wednesday, August 26th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, BOX has a consensus rating of “Hold” and a consensus target price of $37.80.

Institutional Investors Weigh In On BOX

A number of institutional investors have recently added to or reduced their stakes in BOX. Geneos Wealth Management Inc. purchased a new position in shares of BOX during the first quarter worth $31,000. Employees Retirement System of Texas purchased a new stake in BOX in the third quarter valued at $35,000. CIBC Private Wealth Group LLC boosted its holdings in BOX by 1,778.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,202 shares of the software maker’s stock valued at $39,000 after purchasing an additional 1,138 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in BOX during the 2nd quarter worth about $56,000. Finally, Hantz Financial Services Inc. grew its position in BOX by 337.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,018 shares of the software maker’s stock worth $60,000 after purchasing an additional 1,557 shares during the period. Institutional investors own 86.74% of the company’s stock.

BOX Company Profile

Box, Inc is a cloud content management company that helps organizations securely store, manage, share and collaborate on files and business information. Its platform is designed to support content throughout its lifecycle, from creation and collaboration to retention, governance and secure disposal.

The company’s primary offering, the Box Content Cloud, includes tools for file storage and sharing, document collaboration, workflow automation, electronic signatures, content security and compliance management.