Traders Purchase High Volume of BOX Call Options (NYSE:BOX)

Box, Inc. (NYSE:BOX) saw unusually large options trading on Wednesday. Investors acquired 2,103 call options on the stock. This is an increase of approximately 44% compared to the average volume of 1,462 call options.

Key BOX News

Here are the key news stories impacting BOX this week:

• Positive Sentiment: Box beat Q4 estimates with $0.49 EPS (vs. $0.33 consensus), revenue of $305.9M (+9.4% y/y) and expanding margins — the core results that lifted sentiment. Q4 Earnings Article
• Positive Sentiment: Management issued materially stronger FY2027 guidance (FY EPS 1.55 vs. consensus ~0.96; FY revenue ~ $1.3B vs. ~$1.2B consensus), signaling better-than-expected forward profitability and revenue scaling — a key driver of the stock’s uptick. Press Release
• Positive Sentiment: Unusually large call-option buying was reported (≈2,103 calls, +44% vs. average), suggesting some traders are betting on further upside in the near term.
• Positive Sentiment: Bullish analyst/commentary highlighted durable revenue growth (~10% y/y), rising backlog/RPO and margin expansion, arguing BOX looks attractively valued on FY27 multiples — supportive for longer-term investor interest. Seeking Alpha Buy Thesis
• Neutral Sentiment: Q1 FY2027 guidance was mixed: EPS guidance (0.36) topped estimates (0.21) but revenue guidance of $304.0M was slightly below the ~$305M consensus — introduces some near-term revenue uncertainty despite stronger profitability guidance.
• Negative Sentiment: Citigroup trimmed its price target from $40 to $36 while keeping a “buy” rating — the reduced target trims some upside expectations even though the rating remains positive. Citigroup PT Cut
• Negative Sentiment: UBS cut its price target from $31 to $28 and moved to a “neutral” rating, a nearer-term analyst shift that could cap momentum if other firms follow suit. UBS PT Cut

BOX Trading Up 10.5%

BOX opened at $26.44 on Thursday. BOX has a 1-year low of $21.61 and a 1-year high of $38.80. The stock has a market capitalization of $3.79 billion, a PE ratio of 44.81, a PEG ratio of 1.37 and a beta of 0.80. The firm has a 50-day moving average price of $26.01 and a two-hundred day moving average price of $29.73.

BOX (NYSE:BOX) last released its quarterly earnings results on Tuesday, March 3rd. The software maker reported $0.49 EPS for the quarter, beating the consensus estimate of $0.33 by $0.16. The business had revenue of $305.88 million for the quarter, compared to analysts’ expectations of $305.64 million. BOX had a net margin of 9.80% and a negative return on equity of 24.05%. BOX’s revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.42 earnings per share. On average, research analysts predict that BOX will post 0.27 EPS for the current year.

Insider Transactions at BOX

In other news, CFO Dylan C. Smith sold 17,000 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $24.75, for a total transaction of $420,750.00. Following the completion of the transaction, the chief financial officer directly owned 1,311,195 shares of the company’s stock, valued at approximately $32,452,076.25. This trade represents a 1.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Olivia Nottebohm sold 4,612 shares of BOX stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $26.04, for a total transaction of $120,096.48. Following the sale, the chief operating officer owned 469,831 shares in the company, valued at approximately $12,234,399.24. This trade represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 80,387 shares of company stock valued at $2,320,282. Company insiders own 3.90% of the company’s stock.

Institutional Investors Weigh In On BOX

Institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in BOX by 823,134.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,054,200 shares of the software maker’s stock worth $91,351,000 after acquiring an additional 3,053,829 shares during the last quarter. Norges Bank bought a new position in shares of BOX during the fourth quarter worth $58,814,000. Acadian Asset Management LLC grew its holdings in shares of BOX by 36.4% in the 2nd quarter. Acadian Asset Management LLC now owns 4,137,447 shares of the software maker’s stock valued at $141,345,000 after buying an additional 1,104,314 shares during the period. Qube Research & Technologies Ltd increased its position in shares of BOX by 240.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,210,237 shares of the software maker’s stock valued at $41,354,000 after buying an additional 854,953 shares in the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in BOX during the 2nd quarter worth $22,626,000. 86.74% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on BOX. Citigroup decreased their price objective on BOX from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Wednesday. Weiss Ratings restated a “hold (c+)” rating on shares of BOX in a research report on Monday, December 29th. UBS Group dropped their price objective on BOX from $31.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday. Finally, DA Davidson reissued a “buy” rating and set a $45.00 price objective on shares of BOX in a report on Wednesday, December 3rd. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BOX presently has an average rating of “Hold” and a consensus target price of $36.29.

About BOX

Box, Inc is a leading provider of cloud content management and file sharing solutions designed to support enterprises in securely managing, accessing and collaborating on digital content from anywhere. The company offers a unified platform that enables organizations to store, share and automate workflows across various departments, enhancing productivity and ensuring governance over sensitive information. Box’s services are tailored to meet the needs of industries such as healthcare, financial services, government and media, where compliance and data security are paramount.

The core offerings of Box include its Content Cloud platform, which provides content collaboration, workflow automation, data classification and secure file sharing.