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Insider Activity In related news, CFO Timothy Regan sold 2,500 shares of Dropbox stock in a transaction that occurred on Wednesday, May 25th.

Separately, Jefferies Financial Group lowered their price objective on shares of Dropbox from $35.00 to $30.00 in a research report on Monday, May 23rd. Get Dropbox alerts: Wall Street Analyst Weigh In Institutional investors and hedge funds own 61.40% of the company's stock. acquired a new stake in Dropbox in the 4th quarter valued at about $50,000. now owns 1,947 shares of the company's stock valued at $48,000 after acquiring an additional 1,946 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Dropbox by 194,600.0% in the 4th quarter. Spire Wealth Management now owns 1,808 shares of the company's stock valued at $42,000 after acquiring an additional 958 shares in the last quarter. Spire Wealth Management increased its position in Dropbox by 112.7% in the 1st quarter. Prospera Financial Services Inc acquired a new stake in Dropbox in the 1st quarter valued at about $40,000. CWM LLC acquired a new stake in shares of Dropbox during the 4th quarter worth about $37,000. Other hedge funds have also made changes to their positions in the company.

Qube Research & Technologies Ltd owned approximately 0.10% of Dropbox worth $8,644,000 as of its most recent filing with the SEC.

The firm owned 371,797 shares of the company's stock after selling 171,835 shares during the period. (NASDAQ:DBX – Get Rating) by 31.6% in the first quarter, according to its most recent filing with the SEC. Qube Research & Technologies Ltd trimmed its holdings in shares of Dropbox, Inc.