DBX DROPBOX, INC.
Price Chart
Executive Summary
Seven Dropbox insiders, including CEO Andrew Houston, sold a total of $1.35M in shares over a one-week window. CEO Houston alone accounted for $834K (62% of the total). The cluster is 100% open-market sales with zero purchases, and the dollar value is ~0.02% of the $6.4B market cap — well below the 0.1% materiality threshold. Per the insider sales literature, cluster sales are not predictive of future returns, especially at this trivial scale relative to market cap.
Key Financial Metrics
Actionable Insight
This insider selling cluster is too small relative to market cap to warrant a bearish read. CEO Houston's $834K sale is routine for a $6.4B company. Monitor the next 10-Q for any fundamental deterioration, but this filing alone provides no actionable signal.
Key Facts
- 7 insiders sold shares totaling $1.35M, with CEO Andrew Houston selling $834K
- No insider purchases in the cluster — 100% selling
- Total sales represent ~0.02% of Dropbox's $6.4B market cap
- All sales were open-market (code S), not tax-withholding or derivative exercises
- Recent 30-day insider activity shows 5 sells totaling $1.1M prior to this cluster
Financial Impact
$1.35M in insider sales, representing 0.02% of market cap — economically trivial
Risk Factors
- Insider selling could accelerate if fundamentals weaken, but current volume is routine
- Historical calibration shows DBX reports have underperformed at T+20 (-6.18% avg), but this is a low-impact filing unlikely to drive that pattern
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DBX-1779828260025 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
2d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
Jun 1, 2026
4d ago
|
8-K
| — | awaiting T+5 | — | — |
|
May 26, 2026
10d ago
|
8-K
| — | awaiting T+5 | — | — |
|
May 20, 2026
16d ago
|
Insider Cluster
| $27.16 $26.19 | ▼ −3.56% | ▼ −5.16% | $27.52 (+1.33%) |
|
May 20, 2026
16d ago
|
Insider Cluster
| $27.16 $26.19 | ▼ −3.56% | ▼ −5.16% | $27.52 (+1.33%) |
|
May 20, 2026
16d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
May 20, 2026
16d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
May 20, 2026
16d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
May 19, 2026
17d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
|
May 19, 2026
17d ago
|
Insider Cluster
| — | awaiting T+5 | — | — |
US Market Status
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