Box, Inc. $BOX Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC lessened its position in shares of Box, Inc. (NYSE:BOX) by 52.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,767 shares of the software maker’s stock after selling 1,942 shares during the quarter. Farther Finance Advisors LLC’s holdings in BOX were worth $60,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TCTC Holdings LLC increased its position in BOX by 115.4% during the 1st quarter. TCTC Holdings LLC now owns 825 shares of the software maker’s stock worth $25,000 after purchasing an additional 442 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings 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 buying an additional 665 shares during the period. MorganRosel Wealth Management LLC purchased a new stake in BOX in the 1st quarter valued at about $31,000. Geneos Wealth Management Inc. purchased a new stake in BOX in the 1st quarter valued at about $31,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in BOX by 692.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,316 shares of the software maker’s stock valued at $45,000 after buying an additional 1,150 shares during the period. Hedge funds and other institutional investors own 86.74% of the company’s stock.

Insider Activity at BOX

In other news, Director Jack R. Lazar sold 5,000 shares of the stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $32.20, for a total transaction of $161,000.00. Following the completion of the transaction, the director directly owned 27,855 shares in the company, valued at approximately $896,931. This represents a 15.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Eli Berkovitch sold 3,000 shares of the stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $33.34, for a total value of $100,020.00. Following the transaction, the vice president owned 133,867 shares of the company’s stock, valued at approximately $4,463,125.78. This trade represents a 2.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 100,616 shares of company stock worth $3,311,929. 3.90% of the stock is currently owned by insiders.

BOX Stock Down 0.9%

NYSE BOX opened at $32.21 on Monday. The stock has a market cap of $4.67 billion, a PE ratio of 25.97 and a beta of 0.90. Box, Inc. has a fifty-two week low of $28.00 and a fifty-two week high of $38.80. The business has a 50 day moving average price of $32.17 and a two-hundred day moving average price of $32.44.

BOX (NYSE:BOX) last released its quarterly earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. The firm had revenue of $294.00 million during the quarter, compared to analysts’ expectations of $290.19 million. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.BOX’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior 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. Sell-side analysts anticipate that Box, Inc. will post 0.27 EPS for the current fiscal year.

Analysts Set New Price Targets

BOX has been the subject of several recent analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of BOX in a report on Saturday, September 27th. Raymond James Financial restated an “outperform” rating and issued a $42.00 price target on shares of BOX in a report on Wednesday, August 27th. Wall Street Zen cut BOX from a “buy” rating to a “hold” rating in a report on Sunday, June 29th. Zacks Research cut BOX from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Finally, Citigroup lifted their price objective on BOX from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, August 27th. Eight equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, BOX presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

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.