Dropbox Inc’s recently made public that its Officer TIMOTHY REGAN acquired Company’s shares for reported $70125.0 on Jun 13 ’25. In the deal valued at $28.05 per share,2,500 shares were bought.
Then, ASHRAF ALKARMI bought 10,098 shares, generating $283,249 in total proceeds.
Before that, Houston Andrew sold 319,000 shares. Dropbox Inc shares valued at $9,085,963 were divested by the Chief Executive Officer at a price of $28.48 per share. As a result of the transaction, Houston Andrew now holds 0 shares, worth roughly $0.0.
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 1.99% to $28.65. Over the last five days, the stock has lost -2.78%. Dropbox Inc shares have fallen nearly -4.63% since the year began. Nevertheless, the stocks have risen 32.03% 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.
Levels Of Support And Resistance For DBX Stock
The 24-hour chart illustrates a support level at 28.26, which if violated will result in even more drops to 27.87. On the upside, there is a resistance level at 28.87. A further resistance level may holdings at 29.08.
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.
