Docusign (NASDAQ:DOCU) Insider Sells $533,925.00 in Stock

Docusign Inc. (NASDAQ:DOCU) insider James Shaughnessy sold 7,500 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $71.19, for a total value of $533,925.00. Following the completion of the sale, the insider directly owned 55,442 shares of the company’s stock, valued at approximately $3,946,915.98. This trade represents a 11.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Docusign Price Performance

DOCU opened at $69.73 on Friday. The stock’s 50 day simple moving average is $76.17 and its 200 day simple moving average is $79.04. Docusign Inc. has a 1 year low of $62.66 and a 1 year high of $107.86. The firm has a market cap of $14.02 billion, a price-to-earnings ratio of 52.43, a PEG ratio of 3.47 and a beta of 1.02.

Docusign (NASDAQ:DOCU) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.08. The firm had revenue of $800.64 million during the quarter, compared to the consensus estimate of $780.35 million. Docusign had a return on equity of 14.01% and a net margin of 9.08%.The business’s revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.97 earnings per share. Docusign has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, sell-side analysts anticipate that Docusign Inc. will post 1.17 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on DOCU. Wall Street Zen raised shares of Docusign from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Royal Bank Of Canada increased their target price on shares of Docusign from $90.00 to $95.00 and gave the stock a “sector perform” rating in a report on Friday, September 5th. Bank of America boosted their price target on Docusign from $85.00 to $102.00 and gave the company a “neutral” rating in a report on Friday, September 5th. Morgan Stanley upped their price target on Docusign from $86.00 to $90.00 and gave the company an “equal weight” rating in a research report on Monday, September 8th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $124.00 price objective on shares of Docusign in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $94.14.

Hedge Funds Weigh In On Docusign

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC raised its stake in shares of Docusign by 17.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 17,215 shares of the company’s stock worth $1,548,000 after purchasing an additional 2,612 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in Docusign by 153.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 453 shares of the company’s stock worth $37,000 after buying an additional 274 shares in the last quarter. GAMMA Investing LLC raised its position in Docusign by 35,572.1% in the 1st quarter. GAMMA Investing LLC now owns 286,447 shares of the company’s stock worth $23,317,000 after buying an additional 285,644 shares during the last quarter. Parallel Advisors LLC lifted its stake in Docusign by 71.8% during the 1st quarter. Parallel Advisors LLC now owns 4,764 shares of the company’s stock valued at $388,000 after acquiring an additional 1,991 shares during the period. Finally, RFG Advisory LLC bought a new position in Docusign during the 1st quarter valued at about $274,000. 77.64% of the stock is owned by institutional investors.

Docusign Company Profile

DocuSign, Inc provides electronic signature solution in the United States and internationally. The company provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce.