Box, Inc. (NYSE:BOX) Shares Increased by Campbell & CO Investment Adviser LLC

Financial Advisors


Campbell & CO Investment Adviser LLC acquired an 83.7% stake in Box, Inc. (NYSE: BOX – Get Rating) in the fourth quarter, according to the company’s latest disclosure filed with the Securities and Exchange Commission (SEC). increased. . After purchasing an additional 14,465 shares over the period, the fund held 31,754 shares in the software maker. His BOX holdings in Campbell & CO Investment Adviser LLC were valued at $989,000 as of his latest SEC filing.

Other institutional investors and hedge funds have also recently changed their stakes in the company. James Investment Research Inc. purchased new shares of his BOX stock worth approximately $27,000 during the fourth quarter. Fairfield Bush & Co. bought a new position in his BOX stock worth about $29,000 during the first quarter. Glass Jacobson Investment Advisors llc acquired new shares of his BOX stock worth approximately $44,000 during the fourth quarter. FNY Investment Advisers LLC acquired a new position in BOX worth approximately $58,000 during the fourth quarter. Finally, Centaurus Financial Inc. acquired a new position in BOX worth approximately $101,000 during the third quarter. 85.67% of the shares are held by institutional investors and hedge funds.

Analyst upgrades and downgrades

Many equity research analysts have published reports on BOX stock. StockNews.com upgraded BOX’s rating from “buy” to “strong buy” in a research note on Friday, May 26. JMP Securities reaffirmed its “market outperform” rating in its report on Thursday, March 16, and set a $32.00 price target on BOX stock. Royal Bank of Canada lowered its price target on BOX from $24.00 to $21.00 and set the company’s rating to “underperform” in its report on Wednesday, March 15. Credit Suisse Group reaffirmed its ‘outperform’ rating in a research note on Thursday, March 2, and set a target price for BOX stock at $36.00. Finally, Morgan Stanley lowered its price target on BOX from $39.00 to $37.00 and set the company’s rating to Overweight in its research note on Thursday, March 2. One equity research analyst gave the stock a sell, seven buys and one strong buy. According to MarketBeat data, BOX’s consensus rating is currently ‘buy medium’ with a consensus price target of $33.44.

insider bet

In other news, Director Jack R. Lazar sold 5,000 shares in the Wednesday, April 5th transaction. The shares sold at an average price of $26.95, giving him a total of $134,750.00. After the sale was completed, the directors owned 26,555 shares of the company, valued at $715,657.25. The transaction was disclosed in filings with the Securities and Exchange Commission, which are available on the SEC’s website. In other Box News, CFO Dylan C. Smith sold 13,000 shares in a deal that took place on Wednesday, May 10. The shares were sold at an average price of $27.29 for a total of $354,770.00. Following the closing of the sale, the Chief Financial Officer now owns 1,520,900 shares of the company, valued at approximately $41,505,361. The deal was disclosed in his SEC legal filings, which can be accessed at this link. Director Jack R. Lazar also sold 5,000 shares of the company in a deal on Wednesday, April 5. The shares were sold at an average price of $26.95 for a total transaction value of $134,750.00. After the transaction, the directors now own 26,555 shares of the company, valued at $715,657.25. Disclosure information regarding this sale can be found here. In the past three months, insiders have sold 31,000 shares of the company, valued at $833,890. Corporate insiders own 4.90% of the company’s shares.

BOX price performance

BOX shares opened at $28.96 on Friday. The company’s 50-day moving average is $27.24 and its 200-day moving average is $29.06. Box’s price was a low of $22.31 and a 12-month high of $34.98. The stock has a market cap of $4.18 billion, trades at 222.77 times earnings, 14.69 times earnings, and a 1.00 times beta.

BOX (NYSE:BOX – Get Rating) last reported earnings on Tuesday, May 30. The software maker reported earnings per share (EPS) of $0.32 for the quarter, beating analyst consensus expectations of $0.27 by $0.05. BOX’s return on equity was negative 4.75% and net profit margin was 3.97%. The business had sales of $251.9 million in the quarter, compared with analyst expectations of $249.58 million. His EPS for the company in the same period last year was ($0.10). The company’s quarterly sales increased 5.7% year-on-year. Equity research analysts expect Box, Inc.’s EPS for the current fiscal year to be his 0.1 as a group as a whole.

box company profile

(get rating)

Box, Inc. is committed to providing an enterprise content platform that enables organizations to securely manage their enterprise content while allowing them to easily and securely access and share this content from anywhere, on any device. The company’s products include Cloud Content Management, IT and Administrative Control, Box Governance, Box Zones, Box Relay, Box Shuttle, and Box KeySafe.

Related item

BOX Quarterly Institutional Ownership (NYSE:BOX)

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