Yousif Capital Management LLC Sells 1,901 Shares of Box, Inc. (NYSE:BOX)

Yousif Capital Management LLC decreased its stake in shares of Box, Inc. (NYSE:BOX) by 3.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,289 shares of the software maker’s stock after selling 1,901 shares during the quarter. Yousif Capital Management LLC’s holdings in BOX were worth $1,716,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of BOX. Charles Schwab Investment Management Inc. boosted its holdings in shares of BOX by 10.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,371,815 shares of the software maker’s stock worth $44,900,000 after acquiring an additional 134,175 shares during the period. Versor Investments LP acquired a new position in shares of BOX during the third quarter worth $1,221,000. Townsquare Capital LLC bought a new stake in shares of BOX during the third quarter worth about $2,021,000. Petrus Trust Company LTA bought a new position in shares of BOX during the third quarter valued at $615,000. Finally, Robeco Institutional Asset Management B.V. bought a new stake in shares of BOX in the 4th quarter valued at about $981,000. Institutional investors own 86.74% of the company’s stock.

Insider Activity at BOX

In other BOX news, COO Olivia Nottebohm sold 6,079 shares of BOX stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $34.42, for a total value of $209,239.18. Following the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Daniel J. Levin sold 5,886 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $32.50, for a total value of $191,295.00. Following the completion of the sale, the director now owns 51,530 shares of the company’s stock, valued at $1,674,725. The trade was a 10.25 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 89,041 shares of company stock valued at $2,889,758. Insiders own 4.10% of the company’s stock.

Analyst Ratings Changes

BOX has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued an “underperform” rating and issued a $21.00 price objective on shares of BOX in a research note on Wednesday, December 4th. William Blair reissued an “outperform” rating on shares of BOX in a research report on Thursday, November 14th. UBS Group increased their target price on shares of BOX from $34.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. StockNews.com lowered shares of BOX from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 8th. Finally, Citigroup lifted their target price on BOX from $34.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $35.89.

BOX Stock Performance

BOX stock opened at $34.65 on Wednesday. The company has a market capitalization of $4.98 billion, a PE ratio of 43.32, a price-to-earnings-growth ratio of 4.40 and a beta of 0.88. Box, Inc. has a one year low of $24.56 and a one year high of $35.74. The company’s 50 day moving average price is $32.27 and its two-hundred day moving average price is $31.93.

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.