Janus Henderson Group PLC Decreases Stake in Dropbox, Inc. $DBX

Janus Henderson Group PLC cut its position in shares of Dropbox, Inc. (NASDAQ:DBX) by 19.5% in the first quarter, Holdings Channel.com reports. The institutional investor owned 79,200 shares of the company’s stock after selling 19,179 shares during the period. Janus Henderson Group PLC’s holdings in Dropbox were worth $1,800,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in DBX. Arbejdsmarkedets Tillaegspension bought a new position in Dropbox during the fourth quarter valued at $22,050,000. Robeco Institutional Asset Management B.V. increased its holdings in shares of Dropbox by 22.5% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,518,534 shares of the company’s stock worth $70,015,000 after buying an additional 463,258 shares during the last quarter. Pictet Asset Management Holding SA increased its holdings in shares of Dropbox by 317.2% in the 4th quarter. Pictet Asset Management Holding SA now owns 125,144 shares of the company’s stock worth $3,479,000 after buying an additional 95,146 shares during the last quarter. ING Groep NV purchased a new stake in shares of Dropbox during the 4th quarter valued at about $1,223,000. Finally, Jupiter Asset Management Ltd. purchased a new stake in shares of Dropbox during the 4th quarter valued at about $1,591,000. Hedge funds and other institutional investors own 94.84% of the company’s stock.

Dropbox Stock Performance

Shares of NASDAQ:DBX opened at $34.81 on Monday. The firm has a market cap of $8.12 billion, a PE ratio of 19.34, a price-to-earnings-growth ratio of 3.81 and a beta of 0.64. The firm’s 50 day simple moving average is $29.08 and its 200-day simple moving average is $26.47. Dropbox, Inc. has a one year low of $21.69 and a one year high of $35.72.

Dropbox (NASDAQ:DBX) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.01. The firm had revenue of $631.50 million during the quarter, compared to the consensus estimate of $626.69 million. Dropbox had a net margin of 17.49% and a negative return on equity of 24.26%. The company’s revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.71 earnings per share. Equities research analysts predict that Dropbox, Inc. will post 2.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on DBX. Bank of America reiterated an “underperform” rating on shares of Dropbox in a research report on Friday. Wall Street Zen lowered Dropbox from a “buy” rating to a “hold” rating in a research note on Saturday. William Blair upgraded Dropbox from an “underperform” rating to a “market perform” rating in a report on Friday. Royal Bank Of Canada reissued an “outperform” rating on shares of Dropbox in a research report on Monday, June 1st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Dropbox in a report on Friday, July 31st. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Dropbox has an average rating of “Reduce” and an average price target of $28.25.

Trending Headlines about Dropbox

Here are the key news stories impacting Dropbox this week:

• Positive Sentiment: Dropbox reported fiscal second-quarter 2026 adjusted earnings of $0.75 per share, exceeding the $0.74 consensus estimate and improving from $0.71 a year earlier. Revenue of $631.5 million also topped expectations of $626.7 million. Dropbox Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised its 2026 outlook, while improving core file, sync and sharing trends, growth in paying users and expanding artificial-intelligence capabilities provide potential support for future results. Dropbox Q2 Earnings Beat Estimates on Core FSS, 2026 Outlook Raised
• Positive Sentiment: Dropbox forecast third-quarter revenue of $627 million to $630 million, above the $625.9 million analyst consensus, signaling expectations for continued operating momentum. Dropbox Earnings Conference Call
• Positive Sentiment: The company’s AI-powered search initiatives could help differentiate Dropbox, improve content discovery and create new opportunities to increase engagement and monetization. Can Dropbox Redefine Itself Through AI-Powered Search?
• Neutral Sentiment: Despite the earnings beat, quarterly revenue increased only 0.9% year over year. This reinforces the view that Dropbox must accelerate growth beyond its mature core storage and collaboration business. Dropbox Shares Decline Despite Earnings Beat as Revenue Growth Disappoints

Insider Buying and Selling at Dropbox

In other Dropbox news, Director Karen Peacock sold 2,000 shares of Dropbox stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $33.00, for a total transaction of $66,000.00. Following the completion of the sale, the director directly owned 22,366 shares of the company’s stock, valued at $738,078. The trade was a 8.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ashraf Alkarmi sold 22,700 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $27.86, for a total value of $632,422.00. Following the completion of the sale, the chief executive officer owned 1,080,746 shares of the company’s stock, valued at $30,109,583.56. This represents a 2.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 130,945 shares of company stock worth $3,565,129 over the last quarter. Insiders own 35.48% of the company’s stock.

Dropbox Profile

Dropbox, Inc (NASDAQ: DBX) is a leading provider of cloud-based file storage, collaboration, and productivity tools. Founded in 2007 and headquartered in San Francisco, California, the company offers a suite of services designed to help individuals and organizations securely store, share, and manage digital content. Dropbox has grown from a simple file-syncing application into an integrated collaboration platform used by millions of customers around the globe.

At its core, Dropbox provides cloud storage plans tailored for consumers and businesses.