Insider Cluster (2 insiders) ·Filed Jul 17, 2026
Insider cluster: 2 insiders, $429K total
Actionable Insight • Neutral
The selling is too small to convey a bearish signal. Monitor next 8-K or 10-Q for any fundamental changes, but this cluster alone does not warrant a trading response.
Final — all horizons settled through T+60d
DBX ▲ +13.88% at T+60d
NEUTRAL call +13.88% · α vs SPY +9.20% · entry $30.62 → $34.87
T+1d
-0.29%
call -0.29% · α -0.13%
$30.53
settled 3mo ago
T+5d
-7.15%
call -7.15% · α -6.46%
$28.43
settled 3mo ago
T+20d
+11.95%
call +11.95% · α +7.50%
$34.28
settled 2mo ago
T+60d
+13.88%
call +13.88% · α +9.20%
$34.87
settled 15d ago
Price Chart
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Executive Summary
Two Dropbox insiders (CTO and CAO) sold a combined $429K in open-market transactions over two days. The total is negligible relative to DBX's $7.1B market cap (0.006%), making this a routine liquidity-driven cluster with no material signal.
Key Financial Metrics
Direction
selling
Total Value
$428.5K
Insiders
2
Key Facts
- CTO Ali Dasdan sold 12,972 shares at $30.00 for $389,160 on 2026-07-14.
- CAO Sarah Schubach sold 1,306 shares at $30.13 for $39,350 on 2026-07-15.
- Total cluster value of $428,510 represents ~0.006% of DBX's $7.1B market cap.
- No insider purchases in the cluster; all transactions are open-market sales.
Financial Impact
Total insider sales of $429K, immaterial relative to market cap.
insider holdings
Risk Factors
- Insider sales are weak predictors of future returns, especially at trivial dollar amounts.
- No offsetting insider buying to suggest conviction.
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.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DBX-1784318047760 |
28 reports for DBX
100% Hit rate @ T+20 Went positive at some point 6 of 8 best @ T+5▲ +11.40%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $37.48 | awaiting T+20 | — | $37.73 (−0.67%) |
Oct 19, 2026 7d ago | Insider Cluster | $35.94 | awaiting T+20 | — | $37.73 (−4.98%) |
Oct 5, 2026 21d ago | Insider Cluster | $33.73 | awaiting T+20 | — | $37.73 (+11.86%) |
Sep 17, 2026 5w ago | Insider Cluster | $36.48 $35.57 | ▲ +2.49% | ▲ +2.70% | $37.73 (−3.43%) |
Sep 15, 2026 5w ago | Insider Cluster | $37.74 $35.62 | ▲ +5.62% | ▲ +7.68% | $37.73 (+0.03%) |
Sep 14, 2026 6w ago | Insider Cluster | $37.63 $35.60 | ▲ +5.39% | ▲ +8.37% | $37.73 (−0.27%) |
Sep 9, 2026 6w ago | Insider Cluster | $35.05 $34.14 | ▼ −2.60% | ▼ −4.97% | $37.73 (+7.65%) |
Aug 19, 2026 9w ago | Insider Cluster | $34.00 $36.48 | ▲ +7.29% | ▲ +7.29% | $37.73 (+10.97%) |
Aug 4, 2026 11w ago | Insider Cluster | $35.00 $34.50 | ▼ −1.43% | ▼ −0.83% | $37.73 (+7.80%) |
Jul 17, 2026 14w ago | Insider Cluster | $30.62 $34.28 | ▲ +11.95% | ▲ +7.50% | $37.73 (+23.22%) |
Showing 10 of 28
US Market Status
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