Dropbox says about 5,000 accounts compromised in August hack
Dropbox said on Tuesday that around 5,000 accounts were compromised last month, with hackers viewing and downloading content stored on the cloud-storage platform.
Dropbox said on Tuesday that around 5,000 accounts were compromised last month, with hackers viewing and downloading content stored on the cloud-storage platform.
William T. Yoon disposed of 16,833 shares on August 17 for a value of approximately $579,000. The transaction reduced the executive's direct holdings by 5%, occurring as the stock reached a one-year return of 20% as of the transaction date.
The disposition of 30,650 shares realized a total value of $1 million based on weighted average execution prices. The transactions reduced the insider's direct equity holdings by 7%.
The disposal of 5,854 shares on August 17 represented an estimated value of $201,500. The transaction reduced the insider's direct equity holdings by 5%.
Tennenbaum disposed of 20,326 shares at $34.42 per share, representing a total transaction value of $699,621. This non-discretionary transaction reduced the insider's direct equity position by 3%.
The disposition involved 30,587 shares with a total transaction value of $1.0 million. The activity resulted in a 6% reduction in Ali's direct equity interest in the company.
The transaction involved 47,865 shares withheld at $34.42 per share, representing a total value of about $1.6 million. This disposition reduced the executive's direct equity holdings by 4%.
The stock rebounded along with the broad tech move but the growth just isn't there.
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Shares of Dropbox, Inc. (NASDAQ: DBX - Get Free Report) have received an average recommendation of "Reduce" from the seven ratings firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the
Dropbox co-CEO Ashraf Alkarmi chooses five areas each quarter where he can make significant progress. He said it has become a "filter" for how he spends his time.
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Dropbox has been "virtual-first" since 2021, and its new co-CEO says he plans to keep that model. The company has a mostly remote structure, and hosts a handful of off-site gatherings.
DBX beat Q2 2026 earnings and revenue estimates, as improving core FSS trends, paying-user growth and AI expansion support momentum.
Amundi lessened its holdings in shares of Dropbox, Inc. (NASDAQ: DBX) by 43.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,263 shares of the company's stock after selling 84,488 shares during the period. Amundi's holdings in Dropbox
Dropbox, Inc. (DBX) Q2 2026 Earnings Call Transcript
Dropbox NASDAQ: DBX reported second-quarter 2026 revenue growth and raised its full-year profitability and free-cash-flow outlook, as executives said continued improvements in its core file-sync-and-share business are supporting a return to sustainable growth.
Dropbox (DBX) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.71 per share a year ago.
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its second quarter ended June 30, 2026. "Q2 reinforced that our return to growth in the core business is not a one-quarter event," said Ashraf Alkarmi, co-Chief Executive Officer of Dropbox. "We continued to see positive year-over-year revenue growth excluding FormSwift, added 96,000 paying users for our third consecutive quarter of paying user growth, exceeded our guidance on non-GAAP operating m.