Voya Investment Management LLC Purchases 54,668 Shares of Box, Inc. $BOX

Voya Investment Management LLC raised its position in Box, Inc. (NYSE:BOX) by 16.3% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 390,661 shares of the software maker’s stock after acquiring an additional 54,668 shares during the period. Voya Investment Management LLC owned about 0.27% of BOX worth $12,056,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. RGM Capital LLC increased its position in shares of BOX by 9.3% during the 1st quarter. RGM Capital LLC now owns 3,749,773 shares of the software maker’s stock worth $115,718,000 after purchasing an additional 318,459 shares during the last quarter. Congress Asset Management Co. increased its position in shares of BOX by 11.2% during the 1st quarter. Congress Asset Management Co. now owns 1,846,069 shares of the software maker’s stock worth $56,970,000 after purchasing an additional 186,423 shares during the last quarter. Sunriver Management LLC increased its position in shares of BOX by 62.9% during the 1st quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker’s stock worth $47,736,000 after purchasing an additional 597,410 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of BOX by 2.2% during the 1st quarter. BNP Paribas Financial Markets now owns 1,070,157 shares of the software maker’s stock worth $33,025,000 after purchasing an additional 22,962 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of BOX by 2.9% during the 1st quarter. Principal Financial Group Inc. now owns 801,576 shares of the software maker’s stock worth $24,737,000 after purchasing an additional 22,526 shares during the last quarter. Institutional investors and hedge funds own 86.74% of the company’s stock.

BOX Stock Up 0.0%

Shares of BOX stock opened at $32.52 on Wednesday. Box, Inc. has a twelve month low of $28.00 and a twelve month high of $38.80. The company has a market cap of $4.71 billion, a P/E ratio of 26.23 and a beta of 0.95. The business has a fifty day simple moving average of $32.29 and a 200 day simple moving average of $32.36.

BOX (NYSE:BOX) last announced its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. The business had revenue of $294.00 million during 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%.BOX’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, equities research analysts anticipate that Box, Inc. will post 0.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BOX has been the topic of several recent analyst reports. Zacks Research raised BOX from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 28th. Wall Street Zen lowered BOX from a “buy” rating to a “hold” rating in a research report on Sunday, June 29th. UBS Group boosted their price target on BOX from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, August 27th. Morgan Stanley reissued a “positive” rating on shares of BOX in a report on Wednesday, May 28th. Finally, Citigroup boosted their target price on BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, August 27th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, BOX currently has an average rating of “Moderate Buy” and an average price target of $39.00.

Insider Transactions at BOX

In other BOX news, CEO Aaron Levie sold 15,000 shares of the stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $32.81, for a total value of $492,150.00. Following the completion of the transaction, the chief executive officer directly owned 2,937,030 shares in the company, valued at approximately $96,363,954.30. This trade represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Dylan C. Smith sold 51,000 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $32.83, for a total value of $1,674,330.00. Following the completion of the transaction, the chief financial officer owned 1,480,732 shares of the company’s stock, valued at $48,612,431.56. This represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 102,752 shares of company stock valued at $3,395,069. 3.90% of the stock is currently owned by corporate insiders.

BOX Profile

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.