Insider Selling: Dropbox (NASDAQ:DBX) CEO Sells 30,332 Shares of Stock

Posted by Brenda Bartman on May 20th, 2026

Dropbox, Inc. (NASDAQ:DBX – Get Free Report) CEO Andrew Houston sold 30,332 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $27.50, for a total value of $834,130.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Andrew Houston also recently made the following trade(s):

On Thursday, May 14th, Andrew Houston sold 37,498 shares of Dropbox stock. The stock was sold at an average price of $25.96, for a total value of $973,448.08.
On Wednesday, April 1st, Andrew Houston sold 111,166 shares of Dropbox stock. The stock was sold at an average price of $22.89, for a total value of $2,544,589.74.
On Monday, March 2nd, Andrew Houston sold 109,498 shares of Dropbox stock. The stock was sold at an average price of $24.94, for a total value of $2,730,880.12.

Dropbox Trading Up 0.1%

Shares of NASDAQ DBX traded up $0.03 during midday trading on Wednesday, reaching $27.56. 2,816,208 shares of the company were exchanged, compared to its average volume of 3,982,070. Dropbox, Inc. has a 1 year low of $21.69 and a 1 year high of $32.40. The stock has a fifty day simple moving average of $24.57 and a 200 day simple moving average of $26.40. The stock has a market cap of $6.43 billion, a P/E ratio of 15.06, a PEG ratio of 3.15 and a beta of 0.64.

Dropbox (NASDAQ:DBX – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.05. Dropbox had a negative return on equity of 30.01% and a net margin of 18.71%.The company had revenue of $629.50 million for the quarter, compared to analyst estimates of $620.56 million. During the same quarter in the previous year, the company earned $0.70 EPS. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. As a group, analysts forecast that Dropbox, Inc. will post 2.03 earnings per share for the current year.

Dropbox News Roundup

Here are the key news stories impacting Dropbox this week:

Positive Sentiment: Dropbox’s recent quarterly results topped expectations, with EPS of $0.76 versus $0.71 expected and revenue of $629.5 million above estimates, reinforcing the company’s profitability and steady execution. In addition, Wall Street Zen upgraded the stock to buy and RBC lifted its price target to $32, which may be helping sentiment. Article Title
Neutral Sentiment: Dropbox was highlighted by Zacks as a strong value stock, reflecting its relatively low valuation metrics and appeal to investors looking for a cheaper software name. Article Title
Neutral Sentiment: Several insiders, including the CEO, CTO, CAO, and two directors, recently sold shares, but the trades were made under pre-arranged 10b5-1 plans and in some cases were tied to tax withholding on vested equity awards, which makes them less likely to signal a negative fundamental view. Article Title

Analysts Set New Price Targets

DBX has been the topic of several research analyst reports. JPMorgan Chase & Co. decreased their price target on Dropbox from $29.00 to $25.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. UBS Group cut their price objective on Dropbox from $27.00 to $23.00 and set a “sell” rating for the company in a research report on Friday, February 20th. William Blair restated an “underperform” rating on shares of Dropbox in a research report on Monday, March 23rd. Wall Street Zen upgraded Dropbox from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Citigroup lifted their price objective on Dropbox from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Dropbox currently has an average rating of “Reduce” and an average target price of $27.00.

Get Our Latest Stock Report on DBX

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. WealthCollab LLC raised its holdings in Dropbox by 20.6% in the 4th quarter. WealthCollab LLC now owns 2,356 shares of the company’s stock valued at $65,000 after acquiring an additional 403 shares during the last quarter. Parallel Advisors LLC raised its holdings in Dropbox by 8.3% in the 4th quarter. Parallel Advisors LLC now owns 5,765 shares of the company’s stock valued at $160,000 after acquiring an additional 440 shares during the last quarter. Lakewood Asset Management LLC raised its holdings in Dropbox by 1.0% in the 4th quarter. Lakewood Asset Management LLC now owns 44,905 shares of the company’s stock valued at $1,248,000 after acquiring an additional 458 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Dropbox by 1.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 26,254 shares of the company’s stock valued at $730,000 after acquiring an additional 466 shares during the last quarter. Finally, Merit Financial Group LLC raised its holdings in Dropbox by 4.4% in the 3rd quarter. Merit Financial Group LLC now owns 11,385 shares of the company’s stock valued at $344,000 after acquiring an additional 480 shares during the last quarter. 94.84% of the stock is currently owned by institutional investors and hedge funds.

Dropbox Company Profile

(Get Free Report)

Dropbox, Inc (NASDAQ: DBX) is a leading provider of cloud-based file storage, collaboration, and productivity tools. Founded in 2007 and headquartered in San Francisco, California, the company offers a suite of services designed to help individuals and organizations securely store, share, and manage digital content. Dropbox has grown from a simple file-syncing application into an integrated collaboration platform used by millions of customers around the globe.

At its core, Dropbox provides cloud storage plans tailored for consumers and businesses.