Box, Inc. (NYSE:BOX) Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC grew its holdings in shares of Box, Inc. (NYSE:BOX - Free Report) by 20.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 215,642 shares of the software maker's stock after acquiring an additional 37,178 shares during the period. Janus Henderson Group PLC owned about 0.15% of BOX worth $7,056,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Congress Asset Management Co. bought a new position in BOX during the 3rd quarter valued at $46,236,000. Earnest Partners LLC lifted its position in shares of BOX by 8.5% during the second quarter. Earnest Partners LLC now owns 7,960,924 shares of the software maker's stock worth $210,487,000 after purchasing an additional 620,450 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in BOX by 9.8% in the second quarter. Dimensional Fund Advisors LP now owns 2,564,668 shares of the software maker's stock worth $67,809,000 after purchasing an additional 229,314 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in BOX by 143.6% in the second quarter. Assenagon Asset Management S.A. now owns 254,975 shares of the software maker's stock valued at $6,742,000 after buying an additional 150,309 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in BOX by 10.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,371,815 shares of the software maker's stock valued at $44,900,000 after buying an additional 134,175 shares in the last quarter. 86.74% of the stock is owned by hedge funds and other institutional investors.

BOX Price Performance

Shares of NYSE BOX traded down $0.07 during midday trading on Tuesday, hitting $32.49. 1,811,207 shares of the company's stock were exchanged, compared to its average volume of 2,012,791. Box, Inc. has a twelve month low of $23.81 and a twelve month high of $35.74. The firm has a market cap of $4.65 billion, a P/E ratio of 40.61 and a beta of 0.86. The stock's 50 day moving average price is $33.06 and its 200-day moving average price is $30.06.

Insider Buying and Selling at BOX

In other news, Director Jack R. Lazar sold 2,500 shares of the business's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $34.75, for a total value of $86,875.00. Following the sale, the director now owns 26,697 shares of the company's stock, valued at approximately $927,720.75. The trade was a 8.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Dylan C. Smith sold 13,000 shares of the business's stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $32.52, for a total transaction 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. This trade represents a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,500 shares of company stock valued at $954,365 in the last quarter. Corporate insiders own 4.10% of the company's stock.

Analyst Upgrades and Downgrades

BOX has been the subject of a number of research analyst reports. William Blair reiterated an "outperform" rating on shares of BOX in a report on Thursday, November 14th. Morgan Stanley boosted their target price on shares of BOX from $33.00 to $36.00 and gave the company an "equal weight" rating in a research note on Wednesday, December 4th. Monness Crespi & Hardt raised shares of BOX to a "hold" rating in a report on Friday, August 16th. Citigroup boosted their price objective on shares of BOX from $34.00 to $40.00 and gave the company a "buy" rating in a research report on Wednesday, December 4th. Finally, UBS Group raised their target price on shares of BOX from $34.00 to $42.00 and gave the stock a "buy" rating in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $34.00.

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.