Dropbox Inc’s filing revealed that its Chief Executive Officer Houston Andrew unloaded Company’s shares for reported $2.57 million on Jul 01 ’25. In the deal valued at $27.96 per share,92,000 shares were sold. As a result of this transaction, Houston Andrew now holds 0 shares worth roughly $0.0.
Then, Regan Timothy sold 10,000 shares, generating $279,392 in total proceeds. Upon selling the shares at $27.94, the Chief Financial Officer now owns 516,094 shares.
Before that, Regan Timothy sold 2,500 shares. Dropbox Inc shares valued at $71,000 were divested by the Chief Financial Officer at a price of $28.40 per share. As a result of the transaction, Regan Timothy now holds 526,094 shares, worth roughly $14.25 million.
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 1.80% to $27.09. Over the last five days, the stock has lost -1.17%. Dropbox Inc shares have risen nearly 23.87% since the year began. Nevertheless, the stocks have fallen -9.82% 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 26.74, which if violated will result in even more drops to 26.39. On the upside, there is a resistance level at 27.35. A further resistance level may holdings at 27.62.
How much short interest is there in Dropbox Inc?
A steep rise in short interest was recorded in Dropbox Inc stocks on 2025-06-13, growing by 1.36 million shares to a total of 20.99 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 19.63 million shares. There was a rise of 6.47%, 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.
