Dropbox Inc’s recently made public that its Director KAREN PEACOCK acquired Company’s shares for reported $0.2 million on May 27 ’25. In the deal valued at $28.59 per share,7,000 shares were bought.
Then, Regan Timothy sold 2,500 shares, generating $73,825 in total proceeds. Upon selling the shares at $29.53, the Chief Financial Officer now owns 533,594 shares.
Before that, Yoon William T sold 5,449 shares. Dropbox Inc shares valued at $157,690 were divested by the Chief Legal Officer at a price of $28.94 per share. As a result of the transaction, Yoon William T now holds 245,837 shares, worth roughly $6.98 million.
JP Morgan downgraded its Dropbox Inc [DBX] rating to a Neutral from a an Overweight in a research note published on February 16, 2024; the price target was decreased to $30 from $33. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in mid February from “a Mkt outperform” to “a Mkt perform”. Goldman also remained covering DBX and has decreased its forecast on February 16, 2024 with a “Sell” recommendation from previously “Neutral” rating. BofA Securities revised its rating on February 16, 2024. It rated DBX as “an Underperform” which previously was an “a Buy”.
Price Performance Review of DBX
On Tuesday, Dropbox Inc [NASDAQ:DBX] saw its stock fall -0.63% to $28.41. Over the last five days, the stock has lost -1.01%. Dropbox Inc shares have fallen nearly -5.43% since the year began. Nevertheless, the stocks have risen 24.17% over the past one year. While a 52-week high of $33.33 was reached on 01/28/25, a 52-week low of $20.68 was recorded on 04/07/25. SMA at 50 days reached $27.75, while 200 days put it at $27.46.
Levels Of Support And Resistance For DBX Stock
The 24-hour chart illustrates a support level at 28.08, which if violated will result in even more drops to 27.74. On the upside, there is a resistance level at 28.82. A further resistance level may holdings at 29.22. The Relative Strength Index (RSI) on the 14-day chart is 47.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.44%. Stochastics %K at 9.88% indicates the stock is a buying.
The most recent change occurred on December 15, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $36 price target.
