DBX DROPBOX, INC.

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon days Filed Jun 3, 2026 Processed 9d 12h ago
Insider cluster: 2 insiders, $669K total
Latest settled — T+1d
DBX ▲ +0.75% at T+1d
NEUTRAL call ✓ call won +0.75% · α vs SPY +3.35% · entry $27.18 → $27.38
Next anchor: T+5d due 3d ago
Currently $27.09 · -0.31% from $27.18 entry
Entry anchored
Jun 3, 2026
via day open
T+1d
+0.75%
call +0.75% · α +3.35%
$27.38
settled 9d ago
T+5d
call — · α —
due 3d ago
T+20d
call — · α —
in 19d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Two DBX insiders sold a total of ~$669K in stock over two days, led by Co-CEO Ashraf Alkarmi ($632K open-market sale). The sales coincided with a new $400M revolving credit facility announced two days prior, suggesting the insider sales were likely routine portfolio management following a capital structure event rather than a bearish signal on operations.

Key Financial Metrics

Direction
selling
Total Value
$668.6K
Insiders
2

Actionable Insight

The selling is trivial relative to market cap and the Co-CEO simultaneously received a large equity grant, muting any bearish read-through. Monitor next earnings (2.02) for operating trends — this cluster alone does not warrant a trade adjustment.

Key Facts

  • Co-CEO Ashraf Alkarmi sold 22,700 shares at $27.86 for $632K on June 2, 2026.
  • Chief Accounting Officer Sarah Schubach sold 1,305 shares at $27.66 for $36K on June 1, 2026.
  • Alkarmi also received a non-cash grant of 478,551 shares on June 1, 2026 ($0 value).
  • Total insider selling value of ~$669K represents ~0.01% of DBX's $6.6B market cap — trivial in proportion.
  • DBX entered a new $400M revolver with JPMorgan on June 1, 2026, enhancing liquidity.
  • The cluster contains zero open-market purchases; all non-zero transactions are sales.

Financial Impact

$669K total insider selling, approximately 0.01% of $6.6B market cap

insider-ownership

Risk Factors

  • Low win rate (20%) on prior DBX reports suggests the stock has tended to drift lower regardless of filing signal.
  • If operating metrics deteriorate, coincidental insider selling after a credit facility signing could be viewed more negatively in hindsight.

Market Snapshot

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

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-DBX-1780519757375
17 reports for DBX
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+5▲ +4.87%May 19, 2026
Filters
Rows
Reports for DBX — sortable, filterable
Type Now
Jun 3, 2026
9d ago
Insider Cluster
NEUTRAL ★ 3/10
$27.18 $27.38▲ +0.75%▲ +3.35%$27.09 (−0.31%)
Jun 1, 2026
11d ago
8-K
NEUTRAL ★ 4/10
$28.92 $28.16▼ −2.63%▼ −2.77%$27.09 (−6.32%)
May 26, 2026
17d ago
8-K
NEUTRAL ★ 4/10
$26.46 $25.97▼ −1.85%▼ −1.87%$27.09 (+2.38%)
May 20, 2026
23d ago
Insider Cluster
NEUTRAL ★ 3/10
$27.16 $27.51▲ +1.29%▲ +0.84%$27.09 (−0.25%)
May 20, 2026
23d ago
Insider Cluster
NEUTRAL ★ 2/10
$27.16 $27.51▲ +1.29%▲ +0.84%$27.09 (−0.25%)
May 20, 2026
23d ago
Insider Cluster
NEUTRAL ★ 2/10
$25.97 $26.19▲ +0.84%▲ +0.29%$27.09 (+4.32%)
May 20, 2026
23d ago
Insider Cluster
BEARISH ★ 4/10
$27.16 $27.51▼ −1.29%▼ −0.84%$27.09 (+0.25%)
May 20, 2026
23d ago
Insider Cluster
BEARISH ★ 5/10
$27.16 $27.51▼ −1.29%▼ −0.84%$27.09 (+0.25%)
May 19, 2026
24d ago
Insider Cluster
NEUTRAL ★ 4/10
$27.53 $27.16▼ −1.34%▼ −1.54%$27.09 (−1.59%)
May 19, 2026
24d ago
Insider Cluster
BEARISH ★ 5/10
$27.53 $27.16▲ +1.34%▲ +1.54%$27.09 (+1.59%)
Showing 10 of 17

US Market Status

Market Closed — Opens Mon (52h 27m)

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