Dropbox Inc’s recently made public that its Director DONALD W BLAIR acquired Company’s shares for reported $0.65 million on Jun 05 ’25. In the deal valued at $29.20 per share,22,374 shares were bought.
Then, Regan Timothy sold 2,500 shares, generating $71,950 in total proceeds. Upon selling the shares at $28.78, the Chief Financial Officer now owns 531,094 shares.
Before that, TIMOTHY REGAN bought 2,500 shares. Dropbox Inc shares valued at $71,675 were divested by the Officer at a price of $28.67 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 Friday, Dropbox Inc [NASDAQ:DBX] saw its stock fall -0.14% to $29.43. Over the last five days, the stock has lost -0.34%. Dropbox Inc shares have fallen nearly -2.03% since the year began. Nevertheless, the stocks have risen 36.25% over the past one year.
Levels Of Support And Resistance For DBX Stock
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.
