Dropbox Inc (NASDAQ: DBX) is -15.85% lower on its value in year-to-date trading and has touched a low of $20.68 and a high of $33.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DBX stock was last observed hovering at around $25.60 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $25.28, the stock is -10.71% and -15.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.25 million and changing -1.25% at the moment leaves the stock -3.11% off its SMA200. DBX registered 4.68% gain for a year compared to 6-month gain of 9.44%.
The stock witnessed a -21.10% loss in the last 1 month and extending the period to 3 months gives it a -12.01%, and is -3.95% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.03% over the week and 3.20% over the month.
Dropbox Inc (DBX) has around 2204 employees, a market worth around $7.63B and $2.55B in sales. Current P/E ratio is 18.03 and Fwd P/E is 9.04. Profit margin for the company is 17.75%. Distance from 52-week low is 22.24% and -24.15% from its 52-week high. The company has generated returns on investments over the last 12 months (22.11%).
with sales reaching $619.56M over the same period.The EPS is expected to grow by 2.05% this year, but quarterly earnings will post -2.88% year-over-year. Quarterly sales are estimated to shrink -1.86% in year-over-year returns.
Dropbox Inc (DBX) Top Institutional Holders
The shares outstanding are 218.40M, and float is at 213.96M with Short Float at 10.95%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 27.94 million shares valued at $627.8 million. The investor’s holdings represent 8.3451% of the DBX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.8 million shares valued at $624.72 million to account for 8.3041 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 18.85 million shares representing 5.846% and valued at over $423.51 million, while RENAISSANCE TECHNOLOGIES LLC holds 3.0807 of the shares totaling 10.31 million with a market value of $231.76 million.
Dropbox Inc (DBX) Insider Activity
The most recent transaction is an insider sale by Regan Timothy, the company’s Chief Financial Officer. SEC filings show that Regan Timothy sold 2,500 shares of the company’s common stock on Feb 28 ’25 at a price of $25.88 per share for a total of $64704.0. Following the sale, the insider now owns 0.37 million shares.
Dropbox Inc disclosed in a document filed with the SEC on Feb 27 ’25 that Cox Eric (Chief Customer Officer) sold a total of 3,765 shares of the company’s common stock. The trade occurred on Feb 27 ’25 and was made at $26.30 per share for $99009.0. Following the transaction, the insider now directly holds 0.31 million shares of the DBX stock.
Still, SEC filings show that on Feb 28 ’25, TIMOTHY REGAN (Officer) Proposed Sale 2,500 shares at an average price of $25.95 for $64875.0. The insider now directly holds shares of Dropbox Inc (DBX).
