Entropy Technologies LP Acquires 38,266 Shares of Box, Inc. $BOX

Entropy Technologies LP lifted its stake in Box, Inc. (NYSE:BOX) by 342.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,436 shares of the software maker’s stock after purchasing an additional 38,266 shares during the period. Entropy Technologies LP’s holdings in BOX were worth $1,169,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of BOX. Northwestern Mutual Wealth Management Co. grew its holdings in BOX by 823,134.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,054,200 shares of the software maker’s stock valued at $91,351,000 after purchasing an additional 3,053,829 shares during the period. Norges Bank purchased a new position in shares of BOX during the 4th quarter valued at about $58,814,000. Qube Research & Technologies Ltd lifted its position in shares of BOX by 240.6% during 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. Cubist Systematic Strategies LLC bought a new position in shares of BOX during the 2nd quarter valued at approximately $22,626,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in BOX by 15.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,511,258 shares of the software maker’s stock worth $134,932,000 after acquiring an additional 604,946 shares in the last quarter. 86.74% of the stock is currently owned by hedge funds and other institutional investors.

BOX Trading Up 4.1%

NYSE:BOX opened at $30.20 on Tuesday. The business’s 50-day moving average is $27.18 and its 200 day moving average is $25.53. Box, Inc. has a 12 month low of $21.34 and a 12 month high of $33.88. The company has a market capitalization of $4.18 billion, a P/E ratio of 46.46, a P/E/G ratio of 10.24 and a beta of 0.74.

BOX (NYSE:BOX) last released its quarterly earnings results on Tuesday, May 26th. The software maker reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.01. BOX had a negative return on equity of 24.19% and a net margin of 10.35%.The business had revenue of $305.94 million during the quarter, compared to analysts’ expectations of $304.39 million. During the same quarter last year, the business posted $0.30 EPS. The firm’s revenue for the quarter was up 10.7% compared to the same quarter last year. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. On average, research analysts forecast that Box, Inc. will post 0.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

BOX has been the topic of a number of recent analyst reports. UBS Group raised their target price on shares of BOX from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. Citigroup increased their price objective on shares of BOX from $36.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. DA Davidson restated a “buy” rating and set a $45.00 target price on shares of BOX in a research note on Wednesday, May 27th. Weiss Ratings upgraded BOX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday. Finally, Wall Street Zen cut BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $35.33.

Insider Buying and Selling at BOX

In related news, VP Eli Berkovitch sold 6,300 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $25.36, for a total value of $159,768.00. Following the sale, the vice president owned 115,679 shares in the company, valued at approximately $2,933,619.44. The trade was a 5.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Olivia Nottebohm sold 12,470 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $25.17, for a total transaction of $313,869.90. Following the completion of the sale, the chief operating officer owned 558,739 shares in the company, valued at $14,063,460.63. This represents a 2.18% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 108,460 shares of company stock valued at $2,806,201. 3.99% of the stock is owned by company insiders.

BOX Company Profile

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.