GAMMA Investing LLC Acquires 822 Shares of Box, Inc. $BOX

GAMMA Investing LLC boosted its position in Box, Inc. (NYSE:BOX) by 19.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,957 shares of the software maker’s stock after purchasing an additional 822 shares during the period. GAMMA Investing LLC’s holdings in BOX were worth $169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. RGM Capital LLC lifted its stake in BOX by 9.3% in the first 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. lifted its stake in BOX by 11.2% in the first 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 lifted its stake in BOX by 62.9% in the first 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 lifted its stake in BOX by 2.2% in the first 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. lifted its stake in BOX by 2.9% in the first 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 own 86.74% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Citigroup raised their price objective on shares of BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, August 27th. Royal Bank Of Canada raised their price objective on shares of BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 27th. Zacks Research raised shares of BOX from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 28th. Raymond James Financial reaffirmed an “outperform” rating and set a $42.00 price target on shares of BOX in a research note on Wednesday, August 27th. Finally, Wall Street Zen downgraded shares of BOX from a “buy” rating to a “hold” rating in a research note on Sunday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, BOX presently has an average rating of “Moderate Buy” and a consensus price target of $38.25.

BOX Stock Down 0.0%

Shares of NYSE:BOX opened at $32.36 on Tuesday. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of 26.09 and a beta of 0.95. Box, Inc. has a 52 week low of $28.00 and a 52 week high of $38.80. The firm has a 50 day moving average of $32.23 and a 200 day moving average of $32.39.

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

Insiders Place Their Bets

In other BOX news, COO Olivia Nottebohm sold 2,013 shares of BOX stock in a transaction on Friday, August 8th. The shares were sold at an average price of $32.00, for a total value of $64,416.00. Following the transaction, the chief operating officer directly owned 530,060 shares of the company’s stock, valued at approximately $16,961,920. The trade was a 0.38% 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 the SEC website. Also, Director Dana L. Evan sold 7,590 shares of BOX stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $33.51, for a total transaction of $254,340.90. Following the completion of the transaction, the director directly owned 115,725 shares in the company, valued at $3,877,944.75. This represents a 6.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 95,616 shares of company stock valued at $3,150,929. 3.90% of the stock is currently owned by company insiders.

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.