Box, Inc. $BOX Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its holdings in Box, Inc. (NYSE:BOX) by 7.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,424 shares of the software maker’s stock after acquiring an additional 1,279 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in BOX were worth $630,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cerity Partners LLC acquired a new stake in BOX during the first quarter valued at $1,395,000. Sunriver Management LLC grew its position in BOX by 62.9% during the first quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker’s stock valued at $47,736,000 after buying an additional 597,410 shares during the period. SG Americas Securities LLC grew its position in BOX by 420.1% during the first quarter. SG Americas Securities LLC now owns 30,067 shares of the software maker’s stock valued at $928,000 after buying an additional 24,286 shares during the period. Krilogy Financial LLC acquired a new stake in BOX during the first quarter valued at $387,000. Finally, GAMMA Investing LLC lifted its holdings in BOX by 184.4% during the first quarter. GAMMA Investing LLC now owns 4,135 shares of the software maker’s stock valued at $128,000 after purchasing an additional 2,681 shares in the last quarter. Institutional investors and hedge funds own 86.74% of the company’s stock.

BOX Stock Performance

BOX stock opened at $32.95 on Friday. The company’s 50 day simple moving average is $32.23 and its 200-day simple moving average is $32.49. The company has a market capitalization of $4.77 billion, a price-to-earnings ratio of 26.57 and a beta of 0.90. Box, Inc. has a 1 year low of $28.00 and a 1 year high of $38.80.

BOX (NYSE:BOX) last released its quarterly earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. The business had revenue of $294.00 million for 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%. The business’s revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the firm 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 analysts expect that Box, Inc. will post 0.27 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Royal Bank Of Canada increased their price objective on shares of BOX from $24.00 to $26.00 and gave the company an “underperform” rating in a report on Wednesday, August 27th. Raymond James Financial reaffirmed an “outperform” rating and set a $42.00 price objective on shares of BOX in a report on Wednesday, August 27th. Zacks Research downgraded shares of BOX from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Wall Street Zen downgraded shares of BOX from a “buy” rating to a “hold” rating in a report on Sunday, June 29th. Finally, UBS Group downgraded shares of BOX from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $42.00 to $36.00 in a report on Thursday, September 18th. Eight equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, BOX currently has an average rating of “Moderate Buy” and a consensus target price of $38.25.

Insiders Place Their Bets

In other news, VP Eli Berkovitch sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $32.77, for a total value of $114,695.00. Following the sale, the vice president directly owned 128,847 shares of the company’s stock, valued at approximately $4,222,316.19. The trade was a 2.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Dylan C. Smith sold 51,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $32.83, for a total transaction of $1,674,330.00. Following the completion of the sale, the chief financial officer directly owned 1,480,732 shares in the company, valued at $48,612,431.56. This trade 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 78,526 shares of company stock worth $2,572,014. Insiders own 3.90% of the company’s stock.

BOX Company 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.