Dropbox director Lisa Campbell sells $159,928 of stock. By Investing.com

Lisa M Campbell, a director at DROPBOX, INC. (), sold 4,598 shares of the company’s Class A Common Stock on September 4, 2026. The transactions totaled $159,928.

The shares were sold at prices ranging from $34.39 to $34.94, with a weighted average sale price of $34.7822 per share. This sale was conducted pursuant to a Rule 10b5-1 trading plan, which Ms. Campbell adopted on June 5, 2026.The sale comes as Dropbox stock trades near its 52-week high of $36.37, having delivered a strong 31% return over the past six months. According to InvestingPro analysis, the stock appears undervalued at current levels, with shares trading at a P/E ratio of 18.91.

Following these transactions, Lisa M Campbell beneficially owns 19,471 shares of Class A Common Stock. Certain of these securities are restricted stock units, which represent the right to receive one share of Class A Common Stock. These restricted stock units are subject to a vesting schedule through May 21, 2027, or the day prior to the date of the company’s next annual meeting of stockholders. Unvested restricted stock units would be cancelled if Ms. Campbell ceases to be a Service Provider.For deeper insights into Dropbox’s valuation and performance, InvestingPro offers access to over 10 additional ProTips and comprehensive Pro Research Reports covering 1,400+ US equities.

In other recent news, Dropbox reported second-quarter 2026 earnings that slightly exceeded Wall Street estimates. The company posted adjusted earnings of $0.75 per share on revenue of $631.5 million, surpassing the forecasted earnings of $0.74 per share and $626.73 million in revenue. Despite this, the stock experienced a decline in after-hours trading as investors considered the slow revenue growth. William Blair upgraded Dropbox’s stock rating to Market Perform from Underperform, citing a reacceleration in its core business and improvements in user growth metrics. Additionally, BofA Securities raised its price target for Dropbox to $30 from $28, maintaining an Underperform rating. In other developments, Dropbox faced a security breach affecting approximately 5,000 user accounts, with hackers accessing files on less than a third of them. The company has notified regulators and affected users about the breach. These recent developments highlight Dropbox’s mixed performance and ongoing challenges.

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