1 week Ago By ABMN Staff
Pictet Asset Management Holding SA boosted its position in Box, Inc. ( NYSE:BOX – Free Report ) by 19.4% in the 4th quarter, according to its most recent filing with the SEC.
The firm owned 21,324 shares of the software maker’s stock after acquiring an additional 3,461 shares during the period. Pictet Asset Management Holding SA’s holdings in BOX were worth $674,000 at the end of the most recent reporting period. Several other institutional investors also recently bought and sold shares of the business.
Smartleaf Asset Management LLC grew its position in shares of BOX by 715.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,162 shares of the software maker’s stock valued at $69,000 after purchasing an additional 1,897 shares during the period.
Farther Finance Advisors LLC boosted its stake in BOX by 19.3% in the 4th quarter. Farther Finance Advisors LLC now owns 2,579 shares of the software maker’s stock worth $81,000 after buying an additional 417 shares during the last quarter.
SBI Securities Co. Ltd. purchased a new stake in BOX in the 4th quarter valued at about $132,000.
Plato Investment Management Ltd acquired a new position in shares of BOX during the 4th quarter valued at about $134,000. Finally, KBC Group NV lifted its holdings in shares of BOX by 35.7% during the 4th quarter.
KBC Group NV now owns 5,403 shares of the software maker’s stock worth $171,000 after acquiring an additional 1,420 shares during the period. 86.74% of the stock is currently owned by institutional investors and hedge funds.
BOX Trading Down 2.3 % NYSE BOX opened at $29.12 on Tuesday.
The stock has a market cap of $4.19 billion, a P/E ratio of 36.40, a PEG ratio of 4.
42 and a beta of 0.96. The company’s fifty day simple moving average is $32.
57 and its 200-day simple moving average is $32.54. Box, Inc.
has a 52 week low of $24.63 and a 52 week high of $35.74.
Wall Street Analyst Weigh In Several brokerages recently commented on BOX. DA Davidson reaffirmed a “buy” rating and set a $45.00 price target on shares of BOX in a research report on Wednesday, March 19th.
StockNews.com lowered BOX from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 8th. Raymond James reissued an “outperform” rating and set a $38.
00 price target (down previously from $40.00) on shares of BOX in a research report on Wednesday, March 5th. Royal Bank of Canada restated an “underperform” rating and issued a $21.
00 price objective on shares of BOX in a report on Wednesday, March 19th. Finally, Bank of America assumed coverage on BOX in a report on Thursday, December 12th. They set a “buy” rating and a $40.
00 target price for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the stock. According to MarketBeat, BOX presently has a consensus rating of “Moderate Buy” and an average price target of $37.
11. Get Our Latest Stock Report on BOX Insiders Place Their Bets In other BOX news, CEO Aaron Levie sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $32.
08, for a total value of $320,800.00. Following the transaction, the chief executive officer now directly owns 2,979,780 shares of the company’s stock, valued at $95,591,342.
40. This represents a 0.33 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which is available at the SEC website . Also, COO Olivia Nottebohm sold 6,079 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $34.
42, for a total transaction of $209,239.18. Following the sale, the chief operating officer now directly owns 440,988 shares of the company’s stock, valued at $15,178,806.
96. The trade was a 1.36 % decrease in their position.
The disclosure for this sale can be found here . Insiders have sold 73,705 shares of company stock worth $2,375,998 in the last quarter. 4.
10% of the stock is owned by corporate insiders. About BOX ( Free Report ) 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.
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