Insider Promoting: Dropbox Inc (DBX) Insider Sells $44,680.00 in Inventory

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Dropbox Inc (NASDAQ:DBX) insider Timothy Regan bought 2,00Zero shares of the agency’s inventory in a transaction dated Wednesday, March 20th. The inventory was bought at a mean value of $22.34, for a complete worth of $44,680.00. The sale was disclosed in a submitting with the SEC, which is accessible by way of this hyperlink.

Timothy Regan additionally not too long ago made the next commerce(s):

  • On Friday, January 18th, Timothy Regan bought 1,00Zero shares of Dropbox inventory. The shares had been bought at a mean value of $22.95, for a complete transaction of $22,950.00.
  • On Wednesday, January 16th, Timothy Regan bought 5,125 shares of Dropbox inventory. The shares had been bought at a mean value of $22.57, for a complete transaction of $115,671.25.

NASDAQ:DBX opened at $21.95 on Friday. Dropbox Inc has a twelve month low of $18.50 and a twelve month excessive of $43.50. The corporate has a debt-to-equity ratio of 0.13, a present ratio of 1.45 and a fast ratio of 1.45.

Dropbox (NASDAQ:DBX) final posted its quarterly earnings information on Thursday, February 21st. The corporate reported ($0.02) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.03. The corporate had income of $375.90 million for the quarter, in comparison with the consensus estimate of $369.64 million. Dropbox had a damaging internet margin of 34.84% and a damaging return on fairness of 77.19%. Equities analysis analysts forecast that Dropbox Inc will put up -0.14 EPS for the present fiscal 12 months.

Quite a lot of hedge funds have not too long ago modified their holdings of the enterprise. Marathon Buying and selling Funding Administration LLC lifted its place in Dropbox by 6.4% in the course of the 4th quarter. Marathon Buying and selling Funding Administration LLC now owns 12,020 shares of the corporate’s inventory value $246,00Zero after shopping for an extra 720 shares within the final quarter. Personal Advisor Group LLC grew its holdings in shares of Dropbox by 11.3% within the 4th quarter. Personal Advisor Group LLC now owns 12,214 shares of the corporate’s inventory valued at $250,00Zero after buying an extra 1,240 shares within the final quarter. Advisory Companies Community LLC elevated its place in shares of Dropbox by 272.7% within the fourth quarter. Advisory Companies Community LLC now owns 2,050 shares of the corporate’s inventory valued at $42,00Zero after buying an extra 1,500 shares over the last quarter. Quantamental Applied sciences LLC acquired a brand new stake in shares of Dropbox within the fourth quarter valued at about $33,000. Lastly, Pearl River Capital LLC purchased a brand new stake in Dropbox in the course of the fourth quarter value about $35,000. Hedge funds and different institutional buyers personal 31.95% of the corporate’s inventory.

A number of equities analysis analysts have issued studies on the corporate. ValuEngine downgraded Dropbox from a “purchase” ranking to a “maintain” ranking in a report on Monday, February 4th. William Blair initiated protection on Dropbox in a report on Tuesday, December 11th. They set an “outperform” ranking on the inventory. Zacks Funding Analysis upgraded Dropbox from a “maintain” ranking to a “purchase” ranking and set a $29.00 value goal for the corporate in a analysis report on Friday, February 22nd. Financial institution of America upgraded shares of Dropbox from a “impartial” ranking to a “purchase” ranking and set a $33.00 value goal for the corporate in a report on Friday, February 22nd. Lastly, Jefferies Monetary Group lowered their value goal on shares of Dropbox to $32.00 in a analysis report on Friday, February 22nd. 4 equities analysis analysts have rated the inventory with a maintain ranking and 13 have assigned a purchase ranking to the inventory. The inventory presently has a mean ranking of “Purchase” and a mean value goal of $33.43.

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Dropbox Firm Profile

Dropbox Inc offers a collaboration platform worldwide. Its platform permits people, groups, and organizations to create, entry, and share content material on-line. The corporate was previously often known as Evenflow, Inc and adjusted its identify to Dropbox, Inc in October 2009. Dropbox Inc has strategic partnership with Zoom Video Communications, Inc Dropbox Inc was based in 2007 and is headquartered in San Francisco, California.

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Insider Buying and Selling by Quarter for Dropbox (NASDAQ:DBX)

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