Boxed (BOXD)

Company Profile

Boxed is an e-commerce retailer and an e-commerce enabler. The Company operates an e-commerce retail service that provides bulk pantry consumables to businesses and household customers, without the requirement of a "big-box" store membership. This service is powered by the Company’s own purpose-built storefront, marketplace, analytics, fulfillment, advertising, and robotics technologies. Boxed further enables e-commerce through its Software & Services business, which offers customers in need of an enterprise-level e-commerce platform access to its end-to-end technology. The Company aspires to make a positive social impact with an emphasis on good Environmental, Social and Governance ("ESG") practices, and as such, has developed a powerful, unique brand, known for doing right by its customers, employees and society.

Company profile

Ticker

BOXD, BOXD-WT

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Retail Trade > Electronic Shopping

Industry (SIC)

Retail - Catalog & Mail-Order Houses

Amazon.com • QVC • CDW • Coupang • Insight Enterprises • Dingdong (Cayman) • ContextLogic • Qurate Retail Inc - Series A • Chewy • PC Connection ...

Former names

Seven Oaks Acquisition Corp.

SEC CIK

0001828672

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

853316188

BOXD stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$1.35

Low target

$0.70

High target

$2.00

Latest filings (excl ownership)

View all

Prospectus supplement

23 Jan 23

424B3

Prospectus supplement

23 Jan 23

8-K

Entry into a Material Definitive Agreement

23 Jan 23

424B3

Prospectus supplement

25 Nov 22

424B3

Prospectus supplement

25 Nov 22

8-K

Boxed, Inc. Announces Receipt of Continued Listing Standard Notice from NYSE

25 Nov 22

424B3

Prospectus supplement

9 Nov 22

424B3

Prospectus supplement

9 Nov 22

Transcripts

BOXD

Earnings call transcript

2022 Q3

13 Nov 22

BOXD

Earnings call transcript

2022 Q2

12 Aug 22

BOXD

Earnings call transcript

2022 Q1

16 May 22

BOXD

Earnings call transcript

2021 Q4

16 Mar 22

Latest ownership filings

View all

Financial summary

Financial statements Chart BOXD financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	35.37 mm	35.37 mm	35.37 mm	35.37 mm	35.37 mm	35.37 mm
Cash burn (monthly)	2.43 mm	217.25 k	8.79 mm	11.11 mm	4.35 mm	8.69 mm
Cash used (since last report)	10.03 mm	896.83 k	36.29 mm	45.86 mm	17.96 mm	35.87 mm
Cash remaining	25.35 mm	34.48 mm	-919.72 k	-10.49 mm	17.41 mm	-500.02 k
Runway (months of cash)	10.4	158.7	-0.1	-0.9	4.0	-0.1

Beta Read what these cash burn values mean

Financial data from Boxed earnings reports.

Institutional ownership, Q3 2022

BOXD institutional ownership history Ownership history

46.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	77	72	+6.9%
Opened positions	26	33	-21.2%
Closed positions	21	9	+133.3%
Increased positions	24	20	+20.0%
Reduced positions	15	12	+25.0%

13F shares	Current	Prev Q	Change
Total value	166.93 mm	189.87 mm	-12.1%
Total shares	34.00 mm	26.52 mm	+28.2%
Total puts	99.20 k	559.00 k	-82.3%
Total calls	1.09 mm	1.41 mm	-22.4%
Total put/call ratio	0.1	0.4	-77.1%

Largest owners	Shares	Value	Change
PEP PepsiCo	4.59 mm	$41.64 mm	0.0%
Hamilton Lane Advisors	4.00 mm	$3.69 mm	0.0%
Vanguard	3.83 mm	$3.53 mm	+287.8%
Acm Arrt Vii D	3.20 mm	$3.36 mm	NEW
BLK Blackrock	2.87 mm	$2.65 mm	+168.9%
LMR Partners	2.28 mm	$2.10 mm	NEW
Koch Industries	2.18 mm	$2.01 mm	-3.9%
PLTR Palantir	2.00 mm	$1.84 mm	0.0%
Atalaya Capital Management	1.55 mm	$1.42 mm	-73.1%
Geode Capital Management	960.56 k	$885.00 k	+75.3%

Largest transactions	Shares	Bought/sold	Change
Atalaya Capital Management	1.55 mm	-4.21 mm	-73.1%
Acm Arrt Vii D	3.20 mm	+3.20 mm	NEW
Vanguard	3.83 mm	+2.84 mm	+287.8%
LMR Partners	2.28 mm	+2.28 mm	NEW
BLK Blackrock	2.87 mm	+1.81 mm	+168.9%
Alpha Square Group S	0.00	-1.09 mm	EXIT
Walleye Capital	732.19 k	+730.69 k	+48712.3%
Castle Creek Arbitrage	563.10 k	+563.10 k	NEW
Geode Capital Management	960.56 k	+412.67 k	+75.3%
STT State Street	0.00	-403.07 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

BOXD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
27 Jan 23	David Michael Miller	Common Stock	Sell	Dispose S	No	No	0.481	40,771	19.61 k	52,979
27 Jan 23	David Michael Miller	Common Stock	Option exercise	Acquire M	No	No	0	93,750	0.00	93,750
27 Jan 23	Mark Zimowski	Common Stock	Sell	Dispose S	No	No	0.4808	50,358	24.21 k	56,308
27 Jan 23	Mark Zimowski	Common Stock	Option exercise	Acquire M	No	No	0	106,666	0.00	106,666
27 Jan 23	Chieh E. Huang	Common Stock	Sell	Dispose S	No	No	0.4808	47,212	22.70 k	2,358,601
27 Jan 23	Chieh E. Huang	Common Stock	Option exercise	Acquire M	No	No	0	100,000	0.00	2,405,813
27 Jan 23	Alison Weick	Common Stock	Sell	Dispose S	No	No	0.4808	33,055	15.89 k	36,945
27 Jan 23	Alison Weick	Common Stock	Option exercise	Acquire M	No	No	0	70,000	0.00	70,000
27 Jan 23	Jared Yaman	Common Stock	Sell	Dispose S	No	No	0.4808	37,774	18.16 k	1,644,540
27 Jan 23	Jared Yaman	Common Stock	Option exercise	Acquire M	No	No	0	80,000	0.00	1,682,314