BOX (NYSE:BOX) Now Covered by Analysts at DA Davidson

DA Davidson began coverage on shares of BOX (NYSE:BOX) in a report released on Wednesday, Marketbeat reports. The brokerage issued a buy rating and a $45.00 price target on the software maker’s stock. DA Davidson also issued estimates for BOX’s Q4 2025 earnings at $0.05 EPS, FY2025 earnings at $0.26 EPS and FY2026 earnings at $0.34 EPS.

BOX has been the subject of several other reports. Citigroup lifted their price objective on shares of BOX from $34.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Bank of America began coverage on shares of BOX in a research note on Thursday, December 12th. They set a “buy” rating and a $40.00 price target for the company. UBS Group increased their price objective on shares of BOX from $34.00 to $42.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Royal Bank of Canada restated an “underperform” rating and set a $21.00 target price on shares of BOX in a research report on Wednesday, December 4th. Finally, Morgan Stanley increased their price target on BOX from $33.00 to $36.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $35.89.

BOX Price Performance

NYSE:BOX opened at $32.03 on Wednesday. The firm has a market capitalization of $4.60 billion, a price-to-earnings ratio of 40.04 and a beta of 0.86. The business has a 50 day simple moving average of $33.09 and a 200-day simple moving average of $30.29. BOX has a 1 year low of $24.28 and a 1 year high of $35.74.

Insider Buying and Selling

In other news, CFO Dylan C. Smith sold 13,000 shares of the business’s stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $32.52, for a total value of $422,760.00. Following the completion of the sale, the chief financial officer now owns 1,474,509 shares in the company, valued at approximately $47,951,032.68. The trade was a 0.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Aaron Levie sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $32.54, for a total transaction of $325,400.00. Following the completion of the sale, the chief executive officer now directly owns 2,999,155 shares of the company’s stock, valued at $97,592,503.70. The trade was a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 62,178 shares of company stock valued at $2,046,898 over the last quarter. 4.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BOX

Several institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its position in BOX by 10.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,371,815 shares of the software maker’s stock valued at $44,900,000 after acquiring an additional 134,175 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of BOX by 16.0% during the 2nd quarter. Bank of Montreal Can now owns 351,850 shares of the software maker’s stock worth $9,514,000 after purchasing an additional 48,633 shares during the last quarter. Versor Investments LP bought a new stake in BOX during the third quarter valued at about $1,221,000. Townsquare Capital LLC purchased a new position in BOX in the third quarter valued at about $2,021,000. Finally, Petrus Trust Company LTA bought a new position in BOX in the third quarter worth about $615,000. 86.74% of the stock is owned by hedge funds and other institutional investors.

BOX Company Profile

Box, Inc provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company's Software-as-a-Service platform enables users to work with their content as they need from secure external collaboration and sharing, workspaces and portals, e-signature processes, and content workflows improving employee productivity and accelerating business processes.