Northwestern Mutual Wealth Management Co. Has $37,000 Stock Holdings in Box, Inc. $BOX

Northwestern Mutual Wealth Management Co. lessened its holdings in Box, Inc. (NYSE:BOX) by 60.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,197 shares of the software maker’s stock after selling 1,805 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in BOX were worth $37,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. CW Advisors LLC boosted its holdings in shares of BOX by 11.2% in the 1st quarter. CW Advisors LLC now owns 253,012 shares of the software maker’s stock valued at $7,808,000 after purchasing an additional 25,445 shares in the last quarter. Capital Fund Management S.A. boosted its holdings in shares of BOX by 38.5% in the 1st quarter. Capital Fund Management S.A. now owns 342,753 shares of the software maker’s stock valued at $10,577,000 after purchasing an additional 95,249 shares in the last quarter. Emmett Investment Management LP boosted its holdings in shares of BOX by 11.2% in the 1st quarter. Emmett Investment Management LP now owns 159,750 shares of the software maker’s stock valued at $5,003,000 after purchasing an additional 16,150 shares in the last quarter. Voss Capital LP acquired a new stake in shares of BOX in the 1st quarter valued at $5,958,000. Finally, Quantbot Technologies LP boosted its holdings in shares of BOX by 409.3% in the 1st quarter. Quantbot Technologies LP now owns 71,489 shares of the software maker’s stock valued at $2,206,000 after purchasing an additional 57,452 shares in the last quarter. Institutional investors and hedge funds own 86.74% of the company’s stock.

Insider Activity

In other BOX news, VP Eli Berkovitch sold 3,000 shares of the stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $33.34, for a total transaction of $100,020.00. Following the completion of the sale, the vice president directly owned 133,867 shares in the company, valued at approximately $4,463,125.78. This trade represents a 2.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Aaron Levie sold 15,000 shares of the stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $33.35, for a total value of $500,250.00. Following the sale, the chief executive officer owned 2,952,030 shares of the company’s stock, valued at approximately $98,450,200.50. The trade was a 0.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 51,081 shares of company stock worth $1,762,323. 3.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on BOX shares. JPMorgan Chase & Co. raised their target price on BOX from $37.00 to $39.00 and gave the company an “overweight” rating in a report on Wednesday, May 28th. Morgan Stanley reiterated a “positive” rating on shares of BOX in a report on Wednesday, May 28th. UBS Group upped their price target on shares of BOX from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, August 27th. Zacks Research upgraded shares of BOX from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 28th. Finally, DA Davidson set a $45.00 price target on shares of BOX and gave the stock a “buy” rating in a report on Wednesday, May 28th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $39.00.

BOX Trading Down 0.0%

Shares of BOX opened at $32.73 on Monday. The company has a market capitalization of $4.74 billion, a PE ratio of 26.39 and a beta of 0.95. Box, Inc. has a 12 month low of $28.00 and a 12 month high of $38.80. The stock’s 50-day moving average price is $32.37 and its two-hundred day moving average price is $32.36.

BOX (NYSE:BOX) last announced its earnings results on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, topping the consensus estimate of $0.31 by $0.02. The firm had revenue of $294.00 million for the quarter, compared to the consensus estimate of $290.19 million. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business earned $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. Equities research analysts predict that Box, Inc. will post 0.27 EPS for the current fiscal year.

About BOX

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.