Rep. Lisa C. McClain Purchases Shares of Dropbox, Inc. (NASDAQ:DBX)

Key Points

• Representative Lisa C. McClain of Michigan purchased between $1,001 and $15,000 in Dropbox, Inc. stock on July 22, 2025, as disclosed in a filing on August 13.
• Dropbox reported an EPS of $0.71 for the last quarter, exceeding the consensus estimate of $0.63, while revenue was $625.70 million, slightly above projections.
• Several analysts have recently adjusted their price targets for Dropbox, with Citigroup raising it from $30.00 to $32.00, while UBS Group lowered it from $31.00 to $29.00.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Dropbox, Inc. NASDAQ: DBX. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Dropbox stock on July 22nd. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Dropbox Stock Up 0.3%

Dropbox stock traded up $0.09 during mid-day trading on Friday, reaching $27.82. 3,517,253 shares of the company's stock were exchanged, compared to its average volume of 3,281,178. The business's fifty day simple moving average is $27.70 and its 200 day simple moving average is $28.07. The firm has a market capitalization of $7.51 billion, a PE ratio of 16.96, a P/E/G ratio of 3.74 and a beta of 0.64. Dropbox, Inc. has a one year low of $22.43 and a one year high of $33.33.

Dropbox (NASDAQ:DBX - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.71 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.08. The business had revenue of $625.70 million for the quarter, compared to analyst estimates of $618.60 million. Dropbox had a negative return on equity of 61.31% and a net margin of 19.17%. Dropbox's quarterly revenue was down 1.4% compared to the same quarter last year. During the same period last year, the company posted $0.60 earnings per share. On average, sell-side analysts forecast that Dropbox, Inc. will post 1.64 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on DBX. UBS Group lowered their target price on Dropbox from $31.00 to $29.00 and set a "neutral" rating on the stock in a research note on Friday, August 8th. Citigroup boosted their target price on Dropbox from $30.00 to $32.00 and gave the company a "neutral" rating in a research note on Friday, May 9th.

Institutional Trading of Dropbox

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Elequin Capital LP boosted its holdings in shares of Dropbox by 71.0% in the 1st quarter. Elequin Capital LP now owns 1,130 shares of the company's stock worth $30,000 after purchasing an additional 469 shares in the last quarter. Neo Ivy Capital Management purchased a new position in shares of Dropbox in the 2nd quarter worth about $30,000. True Wealth Design LLC boosted its holdings in shares of Dropbox by 191.0% in the 4th quarter. True Wealth Design LLC now owns 1,036 shares of the company's stock worth $31,000 after purchasing an additional 680 shares in the last quarter. Brooklyn Investment Group boosted its holdings in shares of Dropbox by 250.3% in the 1st quarter. Brooklyn Investment Group now owns 1,387 shares of the company's stock worth $37,000 after purchasing an additional 991 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of Dropbox in the 2nd quarter worth about $41,000. 94.84% of the stock is currently owned by institutional investors.

Insider Transactions at Dropbox

In related news, CFO Timothy Regan sold 10,000 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $27.94, for a total transaction of $279,400.00. Following the completion of the sale, the chief financial officer directly owned 516,094 shares in the company, valued at $14,419,666.36. This represents a 1.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Karen Peacock sold 7,000 shares of the stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $28.53, for a total value of $199,710.00. Following the sale, the director owned 25,295 shares of the company's stock, valued at $721,666.35. This represents a 21.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 450,598 shares of company stock valued at $12,770,529 over the last quarter. 28.59% of the stock is owned by company insiders.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Dropbox Company Profile

Dropbox, Inc provides a content collaboration platform worldwide. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries.