Insider selling volume is immaterial and does not signal distress. Monitor next few weeks for any acceleration in sales or unusual patterns; the Q1 earnings miss on net income and slight user decline warrant broader attention.
Price Chart
Executive Summary
Three Dropbox insiders sold a total of ~$1.13M in open-market transactions over a 7-day window following the Q1 2026 earnings report. The CEO's $974K sale accounted for most of the value, but at ~0.017% of market cap the activity is trivial and likely routine post-earnings profit-taking or portfolio diversification.
Key Financial Metrics
Key Facts
- CEO Andrew Houston sold 37,498 shares at $25.96 for $974K on May 14, alongside derivative conversions (non-cash).
- CTO Ali Dasdan sold 2,700 shares at $27.28 for $74K on May 18.
- CLO William Yoon sold 3,201 shares at $27.28 for $87K on May 18.
- Total open-market sales of $1.13M represent only 0.017% of DBX's $6.5B market cap.
- Tax withholding transactions (non-cash) by CLO, CTO, and CAO on May 15 are not open-market sales.
Financial Impact
Total insider sales of $1.13M, negligible relative to market cap.
Risk Factors
- Further insider selling could emerge as post-earnings blackout windows open.
- Sustained user decline and net income drop may pressure stock if Q2 trends continue.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DBX-1779225656428 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $37.48 | awaiting T+20 | — | $36.99 (+1.29%) |
Oct 19, 2026 7d ago | Insider Cluster | $35.94 | awaiting T+20 | — | $36.99 (−2.94%) |
Oct 5, 2026 21d ago | Insider Cluster | $33.73 | awaiting T+20 | — | $36.99 (+9.68%) |
Sep 17, 2026 5w ago | Insider Cluster | $36.48 $35.57 | ▲ +2.49% | ▲ +2.70% | $36.99 (−1.41%) |
Sep 15, 2026 5w ago | Insider Cluster | $37.74 $35.62 | ▲ +5.62% | ▲ +7.68% | $36.99 (+1.97%) |
Sep 14, 2026 6w ago | Insider Cluster | $37.63 $35.60 | ▲ +5.39% | ▲ +8.37% | $36.99 (+1.69%) |
Sep 9, 2026 6w ago | Insider Cluster | $35.05 $34.14 | ▼ −2.60% | ▼ −4.97% | $36.99 (+5.55%) |
Aug 19, 2026 9w ago | Insider Cluster | $34.00 $36.48 | ▲ +7.29% | ▲ +7.29% | $36.99 (+8.81%) |
Aug 4, 2026 11w ago | Insider Cluster | $35.00 $34.50 | ▼ −1.43% | ▼ −0.83% | $36.99 (+5.70%) |
Jul 17, 2026 14w ago | Insider Cluster | $30.62 $34.28 | ▲ +11.95% | ▲ +7.50% | $36.99 (+20.82%) |
US Market Status
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