XTX Topco Ltd Takes Position in Box, Inc. (NYSE:BOX)

XTX Topco Ltd purchased a new stake in shares of Box, Inc. (NYSE:BOX - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 32,266 shares of the software maker's stock, valued at approximately $853,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. TFO Wealth Partners LLC grew its position in shares of BOX by 62,000.0% during the 4th quarter. TFO Wealth Partners LLC now owns 1,863 shares of the software maker's stock valued at $48,000 after acquiring an additional 1,860 shares during the period. Nisa Investment Advisors LLC increased its stake in BOX by 31.7% during the second quarter. Nisa Investment Advisors LLC now owns 2,627 shares of the software maker's stock worth $69,000 after acquiring an additional 632 shares during the last quarter. Quest Partners LLC acquired a new position in shares of BOX in the 2nd quarter valued at $95,000. Covestor Ltd grew its holdings in shares of BOX by 27.3% during the 1st quarter. Covestor Ltd now owns 4,312 shares of the software maker's stock worth $122,000 after purchasing an additional 924 shares during the period. Finally, Neo Ivy Capital Management purchased a new position in shares of BOX during the 4th quarter worth $156,000. 86.74% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Royal Bank of Canada reaffirmed an "underperform" rating and issued a $21.00 target price on shares of BOX in a research report on Wednesday, August 28th. Morgan Stanley increased their price objective on shares of BOX from $30.00 to $33.00 and gave the stock an "equal weight" rating in a research report on Thursday, September 5th. StockNews.com raised BOX from a "buy" rating to a "strong-buy" rating in a research report on Thursday, August 15th. Oppenheimer restated an "outperform" rating and set a $35.00 price target on shares of BOX in a research report on Wednesday, May 29th. Finally, Monness Crespi & Hardt raised BOX to a "hold" rating in a research note on Friday, August 16th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, BOX presently has a consensus rating of "Moderate Buy" and a consensus price target of $31.22.

Insider Transactions at BOX

In other BOX news, VP Eli Berkovitch sold 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, July 9th. The shares were sold at an average price of $25.25, for a total transaction of $63,125.00. Following the sale, the vice president now owns 147,232 shares of the company's stock, valued at $3,717,608. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, CEO Aaron Levie sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 2nd. The stock was sold at an average price of $26.26, for a total transaction of $262,600.00. Following the transaction, the chief executive officer now owns 3,019,155 shares in the company, valued at approximately $79,283,010.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Eli Berkovitch sold 2,500 shares of the business's stock in a transaction that occurred on Tuesday, July 9th. The shares were sold at an average price of $25.25, for a total value of $63,125.00. Following the completion of the sale, the vice president now owns 147,232 shares of the company's stock, valued at approximately $3,717,608. The disclosure for this sale can be found here. In the last ninety days, insiders sold 73,260 shares of company stock valued at $2,113,560. 4.10% of the stock is currently owned by corporate insiders.

BOX Stock Down 1.2 %

NYSE BOX traded down $0.38 during trading hours on Monday, hitting $32.61. 212,956 shares of the company were exchanged, compared to its average volume of 2,038,243. The company has a 50 day moving average of $29.44 and a two-hundred day moving average of $27.83. Box, Inc. has a 52-week low of $23.29 and a 52-week high of $33.95. The firm has a market cap of $4.71 billion, a price-to-earnings ratio of 45.19 and a beta of 0.85.

BOX (NYSE:BOX - Get Free Report) last announced its quarterly earnings data on Tuesday, August 27th. The software maker reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.04. The company had revenue of $270.04 million for the quarter, compared to the consensus estimate of $269.52 million. BOX had a net margin of 13.94% and a negative return on equity of 14.41%. The company's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.01 EPS. On average, equities research analysts predict that Box, Inc. will post 0.23 EPS for the current year.

About BOX

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.