Box, Inc. $BOX Shares Sold by Mizuho Markets Americas LLC

Mizuho Markets Americas LLC reduced its position in Box, Inc. (NYSE:BOX) by 36.1% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 369,203 shares of the software maker’s stock after selling 209,000 shares during the quarter. Mizuho Markets Americas LLC’s holdings in BOX were worth $8,728,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of BOX. Sivia Capital Partners LLC purchased a new stake in shares of BOX in the second quarter worth about $484,000. Principal Financial Group Inc. grew its stake in BOX by 10.2% during the first quarter. Principal Financial Group Inc. now owns 1,010,921 shares of the software maker’s stock valued at $23,898,000 after acquiring an additional 93,516 shares in the last quarter. Fort Washington Investment Advisors Inc. OH increased its holdings in BOX by 4.4% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 1,029,407 shares of the software maker’s stock worth $24,335,000 after acquiring an additional 43,520 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in BOX during the 4th quarter worth approximately $2,247,000. Finally, Massachusetts Financial Services Co. MA lifted its stake in BOX by 31.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 805,447 shares of the software maker’s stock worth $24,091,000 after purchasing an additional 194,210 shares in the last quarter. 86.74% of the stock is owned by hedge funds and other institutional investors.

BOX Price Performance

Shares of BOX opened at $28.33 on Friday. The firm’s 50 day simple moving average is $27.00 and its 200 day simple moving average is $25.52. The company has a market capitalization of $3.92 billion, a P/E ratio of 43.59, a P/E/G ratio of 1.60 and a beta of 0.74. Box, Inc. has a 1-year low of $21.34 and a 1-year high of $33.88.

BOX (NYSE:BOX) last released its quarterly earnings results on Tuesday, May 26th. The software maker reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. The business had revenue of $305.94 million during the quarter, compared to analysts’ expectations of $304.39 million. During the same quarter in the previous year, the company earned $0.30 EPS. The business’s quarterly revenue was up 10.7% compared to the same quarter last year. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. On average, equities analysts anticipate that Box, Inc. will post 0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BOX has been the subject of several analyst reports. Citigroup raised their price target on shares of BOX from $36.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Weiss Ratings upgraded BOX from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 9th. DA Davidson reiterated a “buy” rating and issued a $45.00 price objective on shares of BOX in a research report on Wednesday, May 27th. Wall Street Zen lowered BOX from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, UBS Group boosted their target price on BOX from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $35.33.

Insider Activity at BOX

In related news, VP Eli Berkovitch sold 1,800 shares of the stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $28.95, for a total value of $52,110.00. Following the transaction, the vice president owned 109,254 shares of the company’s stock, valued at $3,162,903.30. This represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Dylan C. Smith sold 17,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $29.05, for a total value of $493,850.00. Following the sale, the chief financial officer owned 1,337,075 shares in the company, valued at $38,842,028.75. The trade was a 1.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 108,460 shares of company stock valued at $2,806,201. 3.99% of the stock is currently owned by insiders.

About BOX

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.