Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dropbox Inc shares valued at $3,906,900 were purchased by ANDREW HOUSTON 2010 ANNUITY TR on Jun 11 ’25. At $28.94 per share, ANDREW HOUSTON 2010 ANNUITY TR acquired 135,000 shares.
Also, ANDREW HOUSTON REVOCABLE TRUST purchased 184,000 shares, netting a total of over 5,324,960 in proceeds.
Before that, DONALD W BLAIR had added 22,374 shares to its account. In a trade valued at $653,321, the Director bought Dropbox Inc shares for $29.20 each.
As published in a research note from JP Morgan on February 16, 2024, Dropbox Inc [DBX] has been rated down from an Overweight to a Neutral and the price target has been revised to $30 from $33. Analysts at JMP Securities downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid February. As of February 16, 2024, Goldman has decreased its “Neutral” rating to a “Sell” for DBX. Earlier on February 16, 2024, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for DBX stock which previously was a “a Buy”.
Analyzing DBX Stock Performance
On last trading session,, Dropbox Inc [NASDAQ: DBX] plunged -1.13% to $28.05. The stock’s lowest price that day was $27.9348, but it reached a high of $28.49 in the same session. During the last five days, there has been a drop of approximately -4.95%. Over the course of the year, Dropbox Inc shares have dropped approximately -6.62%.
Support And Resistance Levels for Dropbox Inc (DBX)
RSI (Relative Strength Index) is 39.78 on the 14-day chart, showing neutral technical sentiment.
Is Dropbox Inc subject to short interest?
Stocks of Dropbox Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.42 million shares to 21.34 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 20.91 million shares. A jump of 1.98% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.82 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.82.
