Fort Washington Investment Advisors Inc. OH Has $22.27 Million Stock Position in Box, Inc. (NYSE:BOX)

Fort Washington Investment Advisors Inc. OH raised its holdings in Box, Inc. (NYSE:BOX - Free Report) by 9.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 704,583 shares of the software maker's stock after purchasing an additional 61,660 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 0.49% of BOX worth $22,265,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Itau Unibanco Holding S.A. acquired a new stake in shares of BOX in the 3rd quarter worth about $36,000. GAMMA Investing LLC grew its position in BOX by 143.1% in the 3rd quarter. GAMMA Investing LLC now owns 1,337 shares of the software maker's stock worth $44,000 after purchasing an additional 787 shares during the last quarter. Quarry LP increased its stake in shares of BOX by 324.6% in the second quarter. Quarry LP now owns 1,418 shares of the software maker's stock valued at $37,000 after purchasing an additional 1,084 shares during the period. Toronto Dominion Bank bought a new stake in shares of BOX during the second quarter valued at approximately $53,000. Finally, Farther Finance Advisors LLC boosted its position in shares of BOX by 245.4% during the third quarter. Farther Finance Advisors LLC now owns 2,162 shares of the software maker's stock worth $71,000 after buying an additional 1,536 shares during the period. 86.74% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, COO Olivia Nottebohm sold 6,079 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $31.91, for a total value of $193,980.89. Following the completion of the sale, the chief operating officer now directly owns 447,067 shares of the company's stock, valued at $14,265,907.97. This represents a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jack R. Lazar sold 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $34.75, for a total transaction 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. This represents a 8.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 85,462 shares of company stock worth $2,765,964 over the last quarter. Corporate insiders own 4.10% of the company's stock.

BOX Stock Performance

Shares of NYSE:BOX traded up $0.00 during mid-day trading on Thursday, hitting $31.43. The stock had a trading volume of 556,937 shares, compared to its average volume of 1,427,346. The company's 50 day moving average is $32.54 and its 200-day moving average is $31.21. Box, Inc. has a 12-month low of $24.56 and a 12-month high of $35.74. The company has a market cap of $4.52 billion, a PE ratio of 39.29, a P/E/G ratio of 5.78 and a beta of 0.89.

Analyst Upgrades and Downgrades

Several research firms recently commented on BOX. Royal Bank of Canada restated an "underperform" rating and issued a $21.00 target price on shares of BOX in a research report on Wednesday, December 4th. Morgan Stanley lifted their price objective 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. DA Davidson initiated coverage on shares of BOX in a research report on Wednesday, December 18th. They issued a "buy" rating and a $45.00 target price for the company. Citigroup raised their target price on shares of BOX from $34.00 to $40.00 and gave the company a "buy" rating in a research note on Wednesday, December 4th. Finally, Bank of America assumed coverage on shares of BOX in a research note on Thursday, December 12th. They issued a "buy" rating and a $40.00 price target for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $35.89.

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.