Dropbox (NASDAQ:DBX) Stock Unloaded Rep. Lisa C. McClain

Representative Lisa C. McClain (R-Michigan) recently sold shares of Dropbox, Inc. (NASDAQ:DBX). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Dropbox stock on August 4th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/28/2025.
• Purchased $1,001 – $15,000 in shares of ACI Worldwide (NASDAQ:ACIW) on 8/19/2025.
• Purchased $1,001 – $15,000 in shares of HCA Healthcare (NYSE:HCA) on 8/19/2025.
• Sold $1,001 – $15,000 in shares of Amedisys (NASDAQ:AMED) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Kite Realty Group Trust (NYSE:KRG) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of JD.com (NASDAQ:JD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of US Foods (NYSE:USFD) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 8/13/2025.

Dropbox Stock Performance

NASDAQ DBX opened at $30.61 on Monday. The stock’s fifty day moving average is $28.46 and its two-hundred day moving average is $28.04. The firm has a market capitalization of $8.26 billion, a P/E ratio of 18.66, a price-to-earnings-growth ratio of 4.05 and a beta of 0.70. Dropbox, Inc. has a fifty-two week low of $24.35 and a fifty-two week high of $33.33.

Dropbox (NASDAQ:DBX) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. Dropbox had a negative return on equity of 61.31% and a net margin of 19.17%.The company had revenue of $625.70 million for the quarter, compared to analyst estimates of $618.60 million. During the same quarter in the previous year, the company posted $0.60 earnings per share. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Dropbox, Inc. will post 1.64 EPS for the current year.

Insider Activity at Dropbox

In other news, CTO Ali Dasdan sold 12,812 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $30.00, for a total value of $384,360.00. Following the completion of the sale, the chief technology officer directly owned 551,060 shares of the company’s stock, valued at $16,531,800. This trade represents a 2.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Karen Peacock sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $30.00, for a total value of $60,000.00. Following the completion of the sale, the director directly owned 23,295 shares of the company’s stock, valued at $698,850. This represents a 7.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 314,333 shares of company stock worth $8,938,399 in the last ninety days. Company insiders own 29.95% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. UBS Group downgraded Dropbox from a “neutral” rating to a “sell” rating and cut their price objective for the company from $29.00 to $27.00 in a report on Thursday. Wall Street Zen downgraded Dropbox from a “buy” rating to a “hold” rating in a report on Friday, September 5th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average target price of $29.67.

Institutional Trading of Dropbox

A number of large investors have recently made changes to their positions in the company. Neo Ivy Capital Management acquired a new stake in Dropbox during the 2nd quarter worth approximately $30,000. Elequin Capital LP lifted its position in Dropbox by 71.0% during the 1st quarter. Elequin Capital LP now owns 1,130 shares of the company’s stock worth $30,000 after acquiring an additional 469 shares during the period. Geneos Wealth Management Inc. lifted its position in Dropbox by 78.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,273 shares of the company’s stock worth $36,000 after acquiring an additional 558 shares during the period. Brooklyn Investment Group lifted its position in Dropbox by 250.3% during the 1st quarter. Brooklyn Investment Group now owns 1,387 shares of the company’s stock worth $37,000 after acquiring an additional 991 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new stake in Dropbox during the 2nd quarter worth approximately $41,000. 94.84% of the stock is owned by institutional investors and hedge funds.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Dropbox Company Profile

Dropbox, Inc provides a content collaboration platform worldwide. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries.