Box, Inc. (NYSE:BOX) Shares Bought by Aspiriant LLC

Aspiriant LLC lifted its holdings in shares of Box, Inc. (NYSE:BOX) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,048 shares of the software maker’s stock after buying an additional 427 shares during the period. Aspiriant LLC’s holdings in BOX were worth $286,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Itau Unibanco Holding S.A. acquired a new stake in BOX during the 3rd quarter worth approximately $36,000. Quarry LP raised its stake in shares of BOX by 324.6% during the second quarter. Quarry LP now owns 1,418 shares of the software maker’s stock worth $37,000 after purchasing an additional 1,084 shares during the last quarter. 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 valued at $44,000 after buying an additional 787 shares during the last quarter. Toronto Dominion Bank acquired a new position in BOX in the 2nd quarter valued at $53,000. Finally, Farther Finance Advisors LLC raised its position in BOX by 245.4% during the 3rd 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 last quarter. Hedge funds and other institutional investors own 86.74% of the company’s stock.

BOX Price Performance

Shares of BOX opened at $31.82 on Wednesday. Box, Inc. has a 1-year low of $24.56 and a 1-year high of $35.74. The stock has a market cap of $4.57 billion, a price-to-earnings ratio of 39.78, a price-to-earnings-growth ratio of 5.72 and a beta of 0.89. The firm has a 50 day simple moving average of $32.61 and a 200-day simple moving average of $31.21.

Analyst Ratings Changes

A number of brokerages have recently issued reports on BOX. DA Davidson started coverage on shares of BOX in a research note on Wednesday, December 18th. They set a “buy” rating and a $45.00 price target on the stock. William Blair reissued an “outperform” rating on shares of BOX in a report on Thursday, November 14th. UBS Group upped their price objective on BOX from $34.00 to $42.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Morgan Stanley raised their target price on BOX from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, December 4th. Finally, Citigroup upped their price target on shares of BOX from $34.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, BOX presently has an average rating of “Moderate Buy” and a consensus target price of $35.89.

Insiders Place Their Bets

In related news, CFO Dylan C. Smith sold 13,000 shares of BOX stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $31.05, for a total transaction of $403,650.00. Following the completion of the sale, the chief financial officer now owns 1,466,684 shares in the company, valued at approximately $45,540,538.20. This trade represents a 0.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Aaron Levie sold 10,000 shares of the company’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $32.54, for a total transaction of $325,400.00. Following the completion of the transaction, the chief executive officer now owns 2,999,155 shares in the company, valued at approximately $97,592,503.70. This trade represents a 0.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 79,383 shares of company stock valued at $2,571,983. Corporate insiders own 4.10% of the company’s stock.

BOX Company Profile

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.