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Insider Cluster (2 insiders) ·Filed Jul 16, 2026

DBX

DROPBOX, INC.
NEUTRAL
Impact 2/10
Horizonimmediate Processed3mo ago
Insider cluster: 2 insiders, $447K total
Actionable Insight • Neutral

Insider selling is routine and immaterial relative to market cap. No actionable signal — monitor next 10-Q for any fundamental changes, but this cluster alone does not warrant a trade.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d ⚠ clustered
DBX ▲ +13.88% at T+60d
NEUTRAL call +13.88% · α vs SPY +9.20% · entry $30.62 → $34.87
Entry = T+0 close
Jul 16, 2026
via day close
T+1d
-0.29%
call -0.29% · α -0.13%
$30.53
settled 3mo ago
T+5d
-4.67%
call -4.67% · α -4.08%
$29.19
settled 3mo ago
T+20d
+12.41%
call +12.41% · α +7.96%
$34.42
settled 3mo ago
T+60d
+13.88%
call +13.88% · α +9.20%
$34.87
settled 18d ago

Price Chart

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Executive Summary

Two Dropbox insiders, including the CTO, sold a combined $447K in open-market sales over a week. The CTO's $389K sale is the larger of the two, but at 0.006% of the $7.1B market cap, the total is trivial and well below the 0.1% materiality threshold. This is routine portfolio diversification with no bearish signal.

Key Financial Metrics

Direction
selling
Total Value
$447.0K
Insiders
2

Key Facts

  • CTO Dasdan Ali sold 12,972 shares for $389,160 on 2026-07-14.
  • Director Karen Peacock sold 2,000 shares for $58,000 on 2026-07-07.
  • Total insider sales of $447K represent ~0.006% of Dropbox's $7.1B market cap.
  • No insider buying occurred in the cluster window.
  • Recent 30-day insider activity shows 3 prior sells totaling $483K, consistent with routine selling pattern.

Financial Impact

Total insider sales of $447K, or ~0.006% of market cap — immaterial.

dilution

Risk Factors

  • Insider selling could accelerate if fundamentals deteriorate, but current levels are normal.

Market Snapshot

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

Investment Themes

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-DBX-1784279104662
28 reports for DBX
Performance horizon
100% Hit rate @ T+20 6 of 6 directional calls Went positive at some point 6 of 8 best @ T+5▲ +11.40%Sep 17, 2026
Filters
Rows
Reports for DBX — sortable, filterable
TypeNow
Oct 21, 2026
5d ago
Institutional Cluster
BEARISH ★ 4/10
$37.48awaiting T+20—$37.73 (−0.67%)
Oct 19, 2026
7d ago
Insider Cluster
BEARISH ★ 4/10
$35.94awaiting T+20—$37.73 (−4.98%)
Oct 5, 2026
21d ago
Insider Cluster
NEUTRAL ★ 4/10
$33.73awaiting T+20—$37.73 (+11.86%)
Sep 17, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$36.48 $35.57▲ +2.49%▲ +2.70%$37.73 (−3.43%)
Sep 15, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$37.74 $35.62▲ +5.62%▲ +7.68%$37.73 (+0.03%)
Sep 14, 2026
6w ago
Insider Cluster
BEARISH ★ 5/10
$37.63 $35.60▲ +5.39%▲ +8.37%$37.73 (−0.27%)
Sep 9, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$35.05 $34.14▼ −2.60%▼ −4.97%$37.73 (+7.65%)
Aug 19, 2026
9w ago
Insider Cluster
NEUTRAL ★ 4/10
$34.00 $36.48▲ +7.29%▲ +7.29%$37.73 (+10.97%)
Aug 4, 2026
11w ago
Insider Cluster
NEUTRAL ★ 2/10
$35.00 $34.50▼ −1.43%▼ −0.83%$37.73 (+7.80%)
Jul 17, 2026
14w ago
Insider Cluster
NEUTRAL ★ 2/10
$30.62 $34.28▲ +11.95%▲ +7.50%$37.73 (+23.22%)
Showing 10 of 28

US Market Status

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Report published Jul 17, 2026