Mutual of America Capital Management LLC Sells 2,323 Shares of Box, Inc. $BOX

Mutual of America Capital Management LLC decreased its holdings in Box, Inc. (NYSE:BOX) by 11.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,603 shares of the software maker’s stock after selling 2,323 shares during the quarter. Mutual of America Capital Management LLC’s holdings in BOX were worth $636,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in shares of BOX by 184.4% in the 1st 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. MorganRosel Wealth Management LLC acquired a new position in BOX in the first quarter valued at about $31,000. Peregrine Capital Management LLC boosted its position in BOX by 3.4% in the first quarter. Peregrine Capital Management LLC now owns 536,707 shares of the software maker’s stock valued at $16,563,000 after buying an additional 17,697 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in BOX by 11.2% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,281 shares of the software maker’s stock worth $595,000 after buying an additional 1,941 shares during the last quarter. Finally, Summit Trail Advisors LLC increased its holdings in shares of BOX by 3.4% during the first quarter. Summit Trail Advisors LLC now owns 27,504 shares of the software maker’s stock worth $849,000 after buying an additional 908 shares in the last quarter. 86.74% of the stock is currently owned by institutional investors and hedge funds.

BOX Stock Down 1.3%

Shares of BOX stock opened at $32.71 on Tuesday. The business has a fifty day simple moving average of $32.53 and a 200 day simple moving average of $32.72. The stock has a market cap of $4.74 billion, a PE ratio of 26.38 and a beta of 0.90. Box, Inc. has a 12 month low of $28.00 and a 12 month high of $38.80.

BOX (NYSE:BOX) last released its earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share for the quarter, beating the consensus estimate 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 company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior 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. Analysts expect that Box, Inc. will post 0.27 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on BOX shares. Zacks Research cut BOX from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Royal Bank Of Canada raised their target price on BOX from $24.00 to $26.00 and gave the company an “underperform” rating in a research note on Wednesday, August 27th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BOX in a report on Wednesday, October 8th. Raymond James Financial reissued an “outperform” rating and set a $42.00 price objective on shares of BOX in a report on Wednesday, August 27th. Finally, Citigroup boosted their target price 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. Eight research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, BOX has a consensus rating of “Moderate Buy” and a consensus price target of $38.25.

Insiders Place Their Bets

In other BOX news, CFO Dylan C. Smith sold 17,000 shares of the stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $33.05, for a total value of $561,850.00. Following the completion of the sale, the chief financial officer directly owned 1,454,013 shares in the company, valued at $48,055,129.65. This represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Aaron Levie sold 15,000 shares of the firm’s 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 sale, the chief executive officer directly owned 2,937,030 shares in the company, valued at approximately $96,363,954.30. This represents a 0.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 102,737 shares of company stock worth $3,373,709 over the last 90 days. 3.90% of the stock is currently owned by corporate 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.