Rockefeller Capital Management L.P. Purchases 24,842 Shares of Docusign Inc. $DOCU

Rockefeller Capital Management L.P. raised its position in shares of Docusign Inc. (NASDAQ:DOCU) by 11.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 238,114 shares of the company’s stock after purchasing an additional 24,842 shares during the period. Rockefeller Capital Management L.P.’s holdings in Docusign were worth $16,287,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Corient Private Wealth LLC lifted its position in Docusign by 2.5% during the 4th quarter. Corient Private Wealth LLC now owns 29,608 shares of the company’s stock valued at $2,026,000 after acquiring an additional 732 shares during the period. Kera Capital Partners Inc. grew its holdings in Docusign by 347.8% in the fourth quarter. Kera Capital Partners Inc. now owns 16,556 shares of the company’s stock worth $1,132,000 after purchasing an additional 12,859 shares during the period. Alberta Investment Management Corp grew its holdings in Docusign by 490.2% in the fourth quarter. Alberta Investment Management Corp now owns 72,000 shares of the company’s stock worth $4,925,000 after purchasing an additional 59,800 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of Docusign by 32.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 65,594 shares of the company’s stock valued at $4,487,000 after purchasing an additional 16,250 shares in the last quarter. Finally, Vident Advisory LLC increased its stake in shares of Docusign by 1.5% during the fourth quarter. Vident Advisory LLC now owns 46,373 shares of the company’s stock valued at $3,172,000 after purchasing an additional 702 shares in the last quarter. Institutional investors own 77.64% of the company’s stock.

Insider Buying and Selling

In other Docusign news, CRO Paula Hansen sold 6,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $46.84, for a total transaction of $281,040.00. Following the transaction, the executive owned 79,233 shares in the company, valued at approximately $3,711,273.72. This represents a 7.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Chatwani sold 15,902 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $43.01, for a total transaction of $683,945.02. Following the sale, the insider directly owned 72,805 shares in the company, valued at approximately $3,131,343.05. The trade was a 17.93% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 64,695 shares of company stock worth $3,006,682 in the last three months. 0.59% of the stock is currently owned by company insiders.

Docusign Trading Down 0.1%

Shares of DOCU opened at $42.67 on Wednesday. The business’s fifty day simple moving average is $47.11 and its two-hundred day simple moving average is $52.12. Docusign Inc. has a 12 month low of $40.16 and a 12 month high of $86.65. The company has a market cap of $8.15 billion, a price-to-earnings ratio of 27.71, a P/E/G ratio of 1.29 and a beta of 0.92.

Docusign (NASDAQ:DOCU) last posted its earnings results on Thursday, June 4th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.10. Docusign had a return on equity of 17.48% and a net margin of 9.59%.The business had revenue of $830.24 million during the quarter, compared to analyst estimates of $824.71 million. During the same quarter last year, the company earned $0.90 EPS. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, research analysts forecast that Docusign Inc. will post 1.97 EPS for the current year.

Docusign announced that its Board of Directors has initiated a stock buyback program on Tuesday, March 17th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 21% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Trending Headlines about Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: DocuSign is getting a boost from strong eSignature demand, subscription revenue growth, and international expansion, which supports the company’s long-term growth story. Subscription Revenues & Partnerships Aid Docusign Amid Low Liquidity
• Positive Sentiment: The company announced an integration with OpenAI aimed at streamlining agreement management, a potentially helpful product and AI-related catalyst. DocuSign integrates with OpenAI to streamline agreement management
• Positive Sentiment: DocuSign was also named to TIME’s list of the World’s Most Sustainable Companies 2026, which may support its brand with ESG-focused investors. Docusign named to TIME’s List of the World’s Most Sustainable Companies 2026
• Neutral Sentiment: A stock-bullish article highlighted DocuSign as one of Wall Street’s favorite names, but it appears to be opinion-based rather than new company-specific news. 1 of Wall Street’s Favorite Stocks Worth Your Attention and 2 We Brush Off
• Negative Sentiment: Insider Robert Chatwani sold 15,902 shares in a transaction worth about $684,000, which can weigh on sentiment even though it was made under a pre-arranged trading plan. Docusign (NASDAQ:DOCU) Insider Sells $683,945.02 in Stock
• Negative Sentiment: Another report noted pricing pressure and weak liquidity, suggesting some investors remain cautious despite the growth narrative. Subscription Revenues & Partnerships Aid Docusign Amid Low Liquidity

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DOCU. Bank of America began coverage on Docusign in a research report on Tuesday, March 31st. They issued an “underperform” rating and a $52.00 price target on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Docusign in a research note on Friday, June 5th. Robert W. Baird cut their target price on Docusign from $75.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Citigroup raised their price target on Docusign from $50.00 to $54.00 and gave the company a “neutral” rating in a report on Friday, June 5th. Finally, Wedbush lowered their price target on Docusign from $60.00 to $58.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Three research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $60.27.

About Docusign

DocuSign, Inc (NASDAQ: DOCU) is a leading provider of electronic signature and digital transaction management solutions. The company’s flagship offering, DocuSign eSignature, enables organizations to send, sign and manage legally binding electronic agreements securely in the cloud. Beyond eSignature, DocuSign’s Agreement Cloud combines contract lifecycle management, document generation, and workflow automation to streamline agreement processes from initiation through execution and storage.

DocuSign’s platform serves a diverse customer base spanning industries such as finance, real estate, healthcare, technology, and government.