Dropbox (NASDAQ:DBX) Director Karen Peacock Sells 2,000 Shares of Stock

Posted by Francis Steltz on Aug 1st, 2026

Dropbox, Inc. (NASDAQ:DBX – Get Free Report) Director Karen Peacock sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $33.00, for a total transaction of $66,000.00. Following the transaction, the director directly owned 22,366 shares in the company, valued at $738,078. The trade was a 8.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Karen Peacock also recently made the following trade(s):

On Tuesday, July 7th, Karen Peacock sold 2,000 shares of Dropbox stock. The stock was sold at an average price of $29.00, for a total transaction of $58,000.00.
On Friday, May 15th, Karen Peacock sold 4,000 shares of Dropbox stock. The shares were sold at an average price of $26.50, for a total transaction of $106,000.00.

Dropbox Stock Up 1.4%

Dropbox stock opened at $32.56 on Friday. The company’s fifty day simple moving average is $28.30 and its 200-day simple moving average is $26.20. Dropbox, Inc. has a 12 month low of $21.69 and a 12 month high of $33.54. The stock has a market cap of $7.60 billion, a P/E ratio of 17.79, a P/E/G ratio of 3.52 and a beta of 0.66.

Dropbox (NASDAQ:DBX – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.05. Dropbox had a net margin of 18.71% and a negative return on equity of 30.01%. The business had revenue of $629.50 million for the quarter, compared to the consensus estimate of $620.56 million. During the same period in the prior year, the business posted $0.70 earnings per share. Dropbox’s revenue for the quarter was up .8% compared to the same quarter last year. On average, equities research analysts expect that Dropbox, Inc. will post 2.09 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DBX. Wall Street Zen raised Dropbox from a “hold” rating to a “buy” rating in a research note on Sunday, June 28th. Royal Bank Of Canada reissued an “outperform” rating on shares of Dropbox in a research note on Monday, June 1st. Weiss Ratings restated a “hold (c)” rating on shares of Dropbox in a report on Monday, May 4th. Finally, Citigroup raised their price objective on shares of Dropbox from $27.00 to $28.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $27.00.

View Our Latest Analysis on Dropbox

Institutional Investors Weigh In On Dropbox

Large investors have recently bought and sold shares of the business. Wedge Capital Management L L P NC increased its position in Dropbox by 26.4% during the second quarter. Wedge Capital Management L L P NC now owns 3,005,173 shares of the company’s stock worth $82,552,000 after buying an additional 627,111 shares during the last quarter. Baron Wealth Management LLC acquired a new stake in shares of Dropbox in the second quarter worth about $263,000. GAMMA Investing LLC boosted its stake in shares of Dropbox by 26.2% during the 2nd quarter. GAMMA Investing LLC now owns 9,554 shares of the company’s stock worth $262,000 after acquiring an additional 1,981 shares in the last quarter. Versant Capital Management Inc boosted its stake in shares of Dropbox by 23.3% during the 2nd quarter. Versant Capital Management Inc now owns 11,559 shares of the company’s stock worth $318,000 after acquiring an additional 2,182 shares in the last quarter. Finally, Redwood Investment Management LLC increased its holdings in shares of Dropbox by 15.1% during the 1st quarter. Redwood Investment Management LLC now owns 45,701 shares of the company’s stock valued at $1,038,000 after acquiring an additional 6,009 shares during the last quarter. 94.84% of the stock is currently owned by institutional investors.

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.