Box, Inc. $BOX Shares Purchased by Emmett Investment Management LP

Emmett Investment Management LP grew its stake in Box, Inc. (NYSE:BOX) by 84.4% in the first quarter, HoldingsChannel reports. The fund owned 313,400 shares of the software maker’s stock after acquiring an additional 143,450 shares during the period. BOX accounts for 5.7% of Emmett Investment Management LP’s holdings, making the stock its 6th largest position. Emmett Investment Management LP’s holdings in BOX were worth $7,418,000 as of its most recent filing with the Securities and Exchange Commission.

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

Analyst Ratings Changes

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

BOX Stock Performance

BOX opened at $30.20 on Tuesday. The company has a fifty day moving average price of $27.18 and a two-hundred day moving average price of $25.53. Box, Inc. has a 52 week low of $21.34 and a 52 week high of $33.88. The firm has a market capitalization of $4.18 billion, a PE ratio of 46.46, a P/E/G ratio of 10.24 and a beta of 0.74.

BOX (NYSE:BOX) last issued its earnings results on Tuesday, May 26th. The software maker reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The company had revenue of $305.94 million during the quarter, compared to analysts’ expectations of $304.39 million. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Equities analysts forecast that Box, Inc. will post 0.31 EPS for the current year.

Insider Buying and Selling

In related news, VP Eli Berkovitch sold 1,800 shares of the company’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $28.95, for a total value of $52,110.00. Following the completion of the sale, the vice president owned 109,254 shares in the company, valued at approximately $3,162,903.30. This represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Olivia Nottebohm sold 6,528 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $26.17, for a total value of $170,837.76. Following the completion of the transaction, the chief operating officer directly owned 552,211 shares in the company, valued at $14,451,361.87. The trade was a 1.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 108,460 shares of company stock valued at $2,806,201 in the last three months. 3.99% of the stock is currently owned by company insiders.

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.