DBX DROPBOX, INC.

NEUTRAL Impact: 3/10 Insider Cluster (7 insiders)
Horizon days Filed May 20, 2026 Processed 10d 5h ago
Insider cluster: 7 insiders, $1.4M total
Latest settled — T+5d ⚠ clustered
DBX ▼ -3.56% at T+5d
NEUTRAL call ✗ call lost -3.56% · α vs SPY -5.16% · entry $27.16 → $26.19
Next anchor: T+20d in 12d
Currently $27.52 · +1.33% from $27.16 entry
Entry anchored
May 20, 03:59 PM ET
via Databento tick
T+1d
+1.29%
call +1.29% · α +0.84%
$27.51
settled 16d ago
T+5d
-3.56%
call -3.56% · α -5.16%
$26.19
settled 9d ago
T+20d
call — · α —
in 12d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Seven Dropbox insiders, including CEO Andrew Houston, sold a total of $1.35M in shares over a 7-day window, with the CEO alone accounting for $834K. The sales are modest relative to the $6.4B market cap (0.02%), and the cluster includes non-cash director grants on the same dates, suggesting coordinated vesting or blackout-window timing rather than a bearish signal. Historical calibration on this ticker shows poor past call performance, and the insider selling cluster is not amplified by the proportionality check.

Key Financial Metrics

Direction
selling
Total Value
$1.4M
Insiders
7

Actionable Insight

The insider selling is routine in size and pattern, likely driven by vesting or blackout-window timing rather than fundamental concern. Monitor upcoming earnings for any guidance changes, but this cluster alone does not warrant action.

Key Facts

  • CEO Andrew Houston sold 30.3K shares for $834K on 2026-05-18 at $27.50
  • Total insider sales of $1.35M represent ~0.02% of $6.4B market cap
  • Four directors received non-cash grants of 9,071 shares each on 2026-05-21
  • No open-market purchases in the cluster; net direction is selling
  • Sales are spread across C-suite (CEO, CTO, CLO, CAO) and directors

Financial Impact

Total insider sales of $1.35M, or 0.02% of market cap — trivial relative to company size

insider ownership

Risk Factors

  • CEO selling $834K could be perceived negatively by retail investors despite small relative size
  • No insider buying to offset the selling signal

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
6% bullish (16 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-DBX-1779828790993
17 reports for DBX
Performance horizon
Filters
Rows
Reports for DBX — sortable, filterable
Type Now
Jun 3, 2026
2d ago
Insider Cluster
NEUTRAL ★ 3/10
awaiting T+5
Jun 1, 2026
4d ago
8-K
NEUTRAL ★ 4/10
awaiting T+5
May 26, 2026
10d ago
8-K
NEUTRAL ★ 4/10
awaiting T+5
May 20, 2026
16d ago
Insider Cluster
NEUTRAL ★ 3/10
$27.16 $26.19▼ −3.56%▼ −5.16%$27.52 (+1.33%)
May 20, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
$27.16 $26.19▼ −3.56%▼ −5.16%$27.52 (+1.33%)
May 20, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+5
May 20, 2026
16d ago
Insider Cluster
BEARISH ★ 4/10
awaiting T+5
May 20, 2026
16d ago
Insider Cluster
BEARISH ★ 5/10
awaiting T+5
May 19, 2026
17d ago
Insider Cluster
NEUTRAL ★ 4/10
awaiting T+5
May 19, 2026
17d ago
Insider Cluster
BEARISH ★ 5/10
awaiting T+5
Showing 10 of 17

US Market Status

Market Closed — Opens Mon (35h 20m)

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