Dropbox Inc. has announced that Regan Timothy, the company's Chief Financial Officer, has sold 2,500 shares at a price of $27.98 per share on July 29, 2025.
Dropbox Inc. (NASDAQ: DBX) has announced that Regan Timothy, the company's Chief Financial Officer, sold 2,500 shares of Class A Common Stock on July 29, 2025. The shares were sold at an average price of $27.98 per share, according to a Form 4 filing with the Securities and Exchange Commission [2].
This sale comes after a strong quarter for Dropbox, which reported earnings per share (EPS) of $0.70 for the first quarter of 2025, beating the forecasted $0.63. However, the company fell short on revenue, reporting $624.7 million against a forecast of $630.83 million [2].
Despite the mixed earnings results, analysts maintained their positive outlook on Dropbox. RBC Capital Markets raised its price target to $35.00, noting strong customer retention efforts and the potential of Dropbox's new initiative, Dash. Citi analysts raised their price target to $32.00, acknowledging the company's solid financial performance and improved EBIT [2].
The sale of shares by the CFO is not uncommon and does not necessarily indicate a change in the company's outlook. However, it is a reminder that insiders often have more information about the company's prospects than the public.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-dropbox-inc-nasdaqdbx-shares-sold-by-choreo-llc-2025-07-30/
[2] https://uk.investing.com/news/insider-trading-news/dropbox-cfo-regan-timothy-sells-67k-in-stock-93CH-4173943
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