Dropbox Inc’s filing revealed that its Officer TIMOTHY REGAN acquired Company’s shares for reported $71675.0 on May 30 ’25. In the deal valued at $28.67 per share,2,500 shares were bought.
Then, Peacock Karen sold 7,000 shares, generating $199,687 in total proceeds. Upon selling the shares at $28.53, the Director now owns 25,295 shares.
Before that, KAREN PEACOCK bought 7,000 shares. Dropbox Inc shares valued at $200,130 were divested by the Director at a price of $28.59 per share.
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 Monday, Dropbox Inc [NASDAQ:DBX] saw its stock jump 0.90% to $29.12. Over the last five days, the stock has gained 1.85%. Dropbox Inc shares have fallen nearly -3.06% since the year began. Nevertheless, the stocks have risen 25.68% 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 $27.94, while 200 days put it at $27.60.
Levels Of Support And Resistance For DBX Stock
The 24-hour chart illustrates a support level at 28.86, which if violated will result in even more drops to 28.59. On the upside, there is a resistance level at 29.32. A further resistance level may holdings at 29.52. The Relative Strength Index (RSI) on the 14-day chart is 57.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.35%. Stochastics %K at 37.08% indicates the stock is a holding.
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.
