MassMutual Private Wealth & Trust FSB Acquires 1,150 Shares of Box, Inc. $BOX

MassMutual Private Wealth & Trust FSB raised its holdings in Box, Inc. (NYSE:BOX) by 692.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,316 shares of the software maker’s stock after acquiring an additional 1,150 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in BOX were worth $45,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. TCTC Holdings LLC grew its position in BOX by 115.4% in the 1st quarter. TCTC Holdings LLC now owns 825 shares of the software maker’s stock valued at $25,000 after acquiring an additional 442 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in BOX by 332.5% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 865 shares of the software maker’s stock valued at $27,000 after acquiring an additional 665 shares during the last quarter. MorganRosel Wealth Management LLC bought a new position in BOX in the 1st quarter valued at $31,000. Geneos Wealth Management Inc. bought a new position in BOX in the 1st quarter valued at $31,000. Finally, Versant Capital Management Inc grew its position in BOX by 519.4% in the 1st quarter. Versant Capital Management Inc now owns 1,951 shares of the software maker’s stock valued at $60,000 after acquiring an additional 1,636 shares during the last quarter. Institutional investors own 86.74% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on BOX. JPMorgan Chase & Co. increased their price target on BOX from $37.00 to $39.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 28th. DA Davidson set a $45.00 price target on BOX and gave the stock a “buy” rating in a research report on Wednesday, May 28th. Citigroup increased their price target on BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, August 27th. Zacks Research raised BOX from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 28th. Finally, Raymond James Financial reissued an “outperform” rating and set a $42.00 price target on shares of BOX in a research report on Wednesday, August 27th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

BOX Price Performance

Shares of NYSE:BOX opened at $32.14 on Friday. The business’s 50 day moving average price is $32.24 and its 200-day moving average price is $32.35. The firm has a market capitalization of $4.66 billion, a PE ratio of 25.92 and a beta of 0.95. Box, Inc. has a 1 year low of $28.00 and a 1 year high of $38.80.

BOX (NYSE:BOX) last issued its quarterly earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. The firm had revenue of $294.00 million for the quarter, compared to analyst estimates of $290.19 million. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The business’s revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share. 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, analysts expect that Box, Inc. will post 0.27 earnings per share for the current year.

Insider Transactions at BOX

In other news, Director Dana L. Evan sold 7,590 shares of BOX stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $33.51, for a total value of $254,340.90. Following the sale, the director directly owned 115,725 shares of the company’s stock, valued at $3,877,944.75. The trade was a 6.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Aaron Levie sold 15,000 shares of BOX stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 2,937,030 shares in the company, valued at $96,363,954.30. This represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 102,752 shares of company stock valued at $3,395,069. Insiders own 3.90% of the company’s stock.

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.