Dropbox Inc (DBX) Insider Sells $22,950.00 in Inventory

[ad_1]

Dropbox Inc (NASDAQ:DBX) insider Timothy Regan offered 1,000 shares of the inventory in a transaction on Monday, April 22nd. The shares had been offered at a mean value of $22.95, for a complete transaction of $22,950.00. The transaction was disclosed in a submitting with the SEC, which is out there on the SEC web site.

Timothy Regan additionally just lately made the next commerce(s):

  • On Wednesday, April 17th, Timothy Regan offered 1,000 shares of Dropbox inventory. The shares had been offered at a mean value of $21.91, for a complete transaction of $21,910.00.
  • On Wednesday, March 20th, Timothy Regan offered 2,000 shares of Dropbox inventory. The inventory was offered at a mean value of $22.34, for a complete transaction of $44,680.00.

NASDAQ:DBX traded up $0.07 throughout mid-day buying and selling on Wednesday, hitting $23.40. The inventory had a buying and selling quantity of three,601,697 shares, in comparison with its common quantity of two,733,800. The corporate has a market cap of $8.74 billion and a PE ratio of -17.86. Dropbox Inc has a 52 week low of $18.50 and a 52 week excessive of $43.50. The corporate has a fast ratio of 1.45, a present ratio of 1.45 and a debt-to-equity ratio of 0.13.

Dropbox (NASDAQ:DBX) final issued its quarterly earnings knowledge on Thursday, February 21st. The corporate reported ($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.03. The agency had income of $375.90 million for the quarter, in comparison with the consensus estimate of $369.64 million. Dropbox had a adverse internet margin of 34.84% and a adverse return on fairness of 77.19%. As a gaggle, equities analysts anticipate that Dropbox Inc will submit -0.14 EPS for the present yr.

A variety of analysis companies have just lately issued experiences on DBX. Zacks Funding Analysis downgraded shares of Dropbox from a “purchase” ranking to a “maintain” ranking in a analysis report on Wednesday, April 17th. Jefferies Monetary Group diminished their value goal on shares of Dropbox to $32.00 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 on the inventory in a analysis report on Friday, February 22nd. Lastly, ValuEngine downgraded shares of Dropbox from a “purchase” ranking to a “maintain” ranking in a analysis report on Monday, February 4th. Three equities analysis analysts have rated the inventory with a maintain ranking and eight have given a purchase ranking to the corporate. The inventory presently has a consensus ranking of “Purchase” and a consensus value goal of $31.75.

Massive buyers have just lately modified their holdings of the inventory. Quantamental Applied sciences LLC purchased a brand new stake in Dropbox within the 4th quarter valued at about $33,000. Pearl River Capital LLC purchased a brand new stake in Dropbox within the 4th quarter valued at about $35,000. Advisory Companies Community LLC lifted its place in Dropbox by 272.7% within the 4th quarter. Advisory Companies Community LLC now owns 2,050 shares of the corporate’s inventory valued at $42,000 after buying an extra 1,500 shares over the past quarter. Capital Funding Advisory Companies LLC purchased a brand new stake in Dropbox within the 4th quarter valued at about $57,000. Lastly, First Interstate Financial institution purchased a brand new stake in Dropbox within the 4th quarter valued at about $82,000. Hedge funds and different institutional buyers personal 31.97% of the corporate’s inventory.

WARNING: This report was first posted by Mayfield Recorder and is the property of of Mayfield Recorder. In case you are studying this report on one other web site, it was stolen and reposted in violation of United States and worldwide copyright & trademark regulation. The unique model of this report might be considered at https://mayfieldrecorder.com/2019/04/24/dropbox-inc-dbx-insider-sells-22950-00-in-stock.html.

About Dropbox

Dropbox, Inc supplies a collaboration platform worldwide. Its platform permits people, groups, and organizations to collaborate and join free via its Web site or app, in addition to improve to a paid subscription plan for premium options. The corporate has roughly 500 million registered customers throughout 180 international locations.

Really useful Story: What’s the outlook for the FAANG shares?

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



Obtain Information & Scores for Dropbox Day by day – Enter your electronic mail tackle beneath to obtain a concise each day abstract of the newest information and analysts’ rankings for Dropbox and associated firms with MarketBeat.com’s FREE each day electronic mail publication.

[ad_2]

Supply hyperlink

اترك تعليقاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *