Dropbox Inc’s recently made public that its Chief Financial Officer Regan Timothy unloaded Company’s shares for reported $70245.0 on Jun 13 ’25. In the deal valued at $28.10 per share,2,500 shares were sold. As a result of this transaction, Regan Timothy now holds 528,594 shares worth roughly $15.24 million.
Then, Alkarmi Ashraf sold 10,098 shares, generating $283,740 in total proceeds. Upon selling the shares at $28.10, the General Manager, Core now owns 492,856 shares.
Before that, TIMOTHY REGAN bought 2,500 shares. Dropbox Inc shares valued at $70,125 were divested by the Officer at a price of $28.05 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 Tuesday, Dropbox Inc [NASDAQ:DBX] saw its stock jump 0.42% to $28.84. Over the last five days, the stock has gained 0.66%. Dropbox Inc shares have risen nearly 37.60% since the year began. Nevertheless, the stocks have fallen -3.99% over the past one year. While a 52-week high of $33.33 was reached on 01/28/25, a 52-week low of $21.32 was recorded on 04/07/25.
Levels Of Support And Resistance For DBX Stock
The 24-hour chart illustrates a support level at 28.56, which if violated will result in even more drops to 28.28. On the upside, there is a resistance level at 29.08. A further resistance level may holdings at 29.32.
How much short interest is there in Dropbox Inc?
A steep rise in short interest was recorded in Dropbox Inc stocks on 2025-05-30, growing by 0.42 million shares to a total of 21.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 20.91 million shares. There was a rise of 1.98%, which implies that there is a positive sentiment for the 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.
