Box, Inc. (NYSE:BOX) Shares Purchased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH raised its holdings in Box, Inc. (NYSE:BOX) by 9.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 704,583 shares of the software maker’s stock after acquiring an additional 61,660 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in BOX were worth $22,265,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in BOX. Earnest Partners LLC increased its stake in BOX by 8.5% in the second quarter. Earnest Partners LLC now owns 7,960,924 shares of the software maker’s stock valued at $210,487,000 after purchasing an additional 620,450 shares during the last quarter. State Street Corp lifted its holdings in shares of BOX by 1.2% during the 3rd quarter. State Street Corp now owns 5,623,032 shares of the software maker’s stock worth $184,042,000 after acquiring an additional 69,107 shares during the period. Geode Capital Management LLC increased its position in shares of BOX by 0.4% in the third quarter. Geode Capital Management LLC now owns 3,249,823 shares of the software maker’s stock worth $106,387,000 after acquiring an additional 13,028 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of BOX by 9.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,564,668 shares of the software maker’s stock valued at $67,809,000 after acquiring an additional 229,314 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its position in BOX by 1.9% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,425,176 shares of the software maker’s stock worth $79,376,000 after purchasing an additional 44,190 shares during the period. Hedge funds and other institutional investors own 86.74% of the company’s stock.

Analyst Ratings Changes

BOX has been the topic of a number of recent research reports. UBS Group boosted their price objective on BOX from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. DA Davidson initiated coverage on shares of BOX in a report on Wednesday, December 18th. They set a “buy” rating and a $45.00 price target for the company. StockNews.com downgraded shares of BOX from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 8th. Royal Bank of Canada reaffirmed an “underperform” rating and issued a $21.00 price target on shares of BOX in a report on Wednesday, December 4th. Finally, Bank of America assumed coverage on BOX in a research note on Thursday, December 12th. They issued a “buy” rating and a $40.00 price target for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, BOX currently has an average rating of “Moderate Buy” and an average target price of $35.89.

Insider Buying and Selling

In related news, CFO Dylan C. Smith sold 13,000 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $34.21, for a total value of $444,730.00. Following the completion of the transaction, the chief financial officer now owns 1,461,509 shares of the company’s stock, valued at approximately $49,998,222.89. This trade represents a 0.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Eli Berkovitch sold 4,792 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $32.46, for a total value of $155,548.32. Following the transaction, the vice president now directly owns 140,172 shares in the company, valued at $4,549,983.12. The trade was a 3.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 85,462 shares of company stock worth $2,765,964. Corporate insiders own 4.10% of the company’s stock.

BOX Price Performance

NYSE BOX opened at $31.40 on Thursday. Box, Inc. has a 12 month low of $24.56 and a 12 month high of $35.74. The firm has a market capitalization of $4.51 billion, a PE ratio of 39.26, a P/E/G ratio of 5.72 and a beta of 0.89. The company’s 50 day simple moving average is $32.54 and its 200 day simple moving average is $31.21.

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.