Sarah Elizabeth Schubach Sells 1,769 Shares of Dropbox (NASDAQ:DBX) Stock

Dropbox, Inc. (NASDAQ:DBX - Get Free Report) CAO Sarah Elizabeth Schubach sold 1,769 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $23.95, for a total value of $42,367.55. Following the transaction, the chief accounting officer directly owned 136,106 shares in the company, valued at approximately $3,259,738.70. This represents a 1.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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Sarah Elizabeth Schubach also recently made the following trade(s):

• On Wednesday, April 15th, Sarah Elizabeth Schubach sold 1,415 shares of Dropbox stock. The stock was sold at an average price of $22.99, for a total value of $32,530.85.
• On Tuesday, March 31st, Sarah Elizabeth Schubach sold 1,416 shares of Dropbox stock. The stock was sold at an average price of $22.60, for a total value of $32,001.60.
• On Monday, March 16th, Sarah Elizabeth Schubach sold 1,415 shares of Dropbox stock. The stock was sold at an average price of $25.76, for a total value of $36,450.40.
• On Monday, March 2nd, Sarah Elizabeth Schubach sold 1,415 shares of Dropbox stock. The stock was sold at an average price of $24.76, for a total value of $35,035.40.
• On Wednesday, February 18th, Sarah Elizabeth Schubach sold 1,416 shares of Dropbox stock. The stock was sold at an average price of $24.49, for a total value of $34,677.84.

Dropbox Stock Up 1.8%

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NASDAQ:DBX opened at $25.13 on Friday. The business's 50 day moving average is $24.34 and its two-hundred day moving average is $26.53. Dropbox, Inc. has a 52 week low of $21.69 and a 52 week high of $32.40. The company has a market cap of $6.06 billion, a PE ratio of 13.51, a P/E/G ratio of 1.74 and a beta of 0.64.

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Dropbox (NASDAQ:DBX - Get Free Report) last released its earnings results on Thursday, February 19th. The company reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.02. Dropbox had a negative return on equity of 37.47% and a net margin of 20.17%.The company had revenue of $636.20 million for the quarter, compared to the consensus estimate of $627.83 million. During the same quarter last year, the business posted $0.73 EPS. Dropbox's quarterly revenue was down 1.1% compared to the same quarter last year. As a group, sell-side analysts expect that Dropbox, Inc. will post 2.03 EPS for the current fiscal year.

Institutional Trading of Dropbox

Several large investors have recently added to or reduced their stakes in the business. Convergence Investment Partners LLC increased its position in Dropbox by 73.2% in the 1st quarter. Convergence Investment Partners LLC now owns 92,775 shares of the company's stock valued at $2,108,000 after acquiring an additional 39,209 shares during the period. Meeder Asset Management Inc. acquired a new stake in Dropbox in the 1st quarter valued at approximately $626,000. Parallel Advisors LLC increased its position in shares of Dropbox by 49.8% during the 1st quarter. Parallel Advisors LLC now owns 8,634 shares of the company's stock valued at $196,000 after purchasing an additional 2,869 shares during the period. KBC Group NV increased its position in shares of Dropbox by 12.6% during the 1st quarter. KBC Group NV now owns 944,829 shares of the company's stock valued at $21,466,000 after purchasing an additional 105,876 shares during the period. Finally, Gallacher Capital Management LLC acquired a new position in shares of Dropbox during the 1st quarter valued at $400,000. 94.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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Several analysts recently issued reports on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Dropbox in a report on Monday. Royal Bank Of Canada cut their price target on Dropbox from $35.00 to $30.00 and set an "outperform" rating on the stock in a report on Friday, February 20th. JPMorgan Chase & Co. cut their price target on Dropbox from $29.00 to $25.00 and set a "neutral" rating on the stock in a report on Friday, February 20th. Wall Street Zen downgraded Dropbox from a "buy" rating to a "hold" rating in a report on Friday, January 23rd. Finally, UBS Group cut their price target on Dropbox from $27.00 to $23.00 and set a "sell" rating on the stock in a report on Friday, February 20th. One investment 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 MarketBeat.com, the company has an average rating of "Reduce" and a consensus price target of $27.50.

Read Our Latest Analysis on Dropbox

Dropbox News Roundup

Here are the key news stories impacting Dropbox this week:

• Positive Sentiment: Q1 results beat expectations — EPS $0.76 vs. $0.71 consensus and revenue $629.5M vs. $620.6M, with management saying revenue and operating margin exceeded guidance; this is the main driver of optimism. Dropbox Announces First-Quarter 2026 Results
• Positive Sentiment: Dropbox gave Q2 revenue guidance of $624.0M–$627.0M versus a $621.5M consensus — a small but meaningful raise that supports near‑term topline momentum.
• Positive Sentiment: Raised full‑year financial commitment: Dropbox forecasted 2026 revenue of $2.497B–$2.512B and raised unlevered free cash flow to at or above $1.055B, improving free‑cash‑flow visibility for investors. Dropbox forecasts 2026 revenue of $2.497B-$2.512B while raising unlevered free cash flow to at or above $1.055B
• Neutral Sentiment: Full earnings materials and commentary are available (call transcript and slide deck) for details on product/segment trends and margin drivers; read the transcript/slide deck to judge sustainability of growth. Dropbox, Inc. (DBX) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Management didn’t provide explicit EPS guidance in its Q2/FY updates (EPS fields left blank in recent guidance posts), which could temper investor conviction despite revenue targets.
• Negative Sentiment: Insider selling: CAO Sarah Schubach sold 1,769 shares under a pre‑arranged 10b5‑1 plan (disclosed); while routine, insider sales can be perceived negatively by some investors. SEC Form 4 — Insider Sale

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.

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