Key Points
- Director Anna Marrs sold 365 shares on Dec. 2 at an average price of $68.54 for a $25,017.10 transaction, leaving her with 11,163 shares — a roughly 3.17% drop in her ownership.
- DocuSign beat recent quarterly estimates (EPS $0.92 vs $0.84; revenue $800.6M vs $780.4M, +8.8% YoY), trades around $68.86 within a 12‑month range of $63.50–$107.86, and carries a market cap of about $13.85B while analysts maintain a consensus "Hold" with an average target of $94.14.
Docusign Inc. (NASDAQ:DOCU - Get Free Report) Director Anna Marrs sold 365 shares of the business's stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $68.54, for a total transaction of $25,017.10. Following the completion of the transaction, the director directly owned 11,163 shares of the company's stock, valued at approximately $765,112.02. This represents a 3.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Anna Marrs also recently made the following trade(s):
- On Monday, September 15th, Anna Marrs sold 728 shares of Docusign stock. The shares were sold at an average price of $80.30, for a total transaction of $58,458.40.
Docusign Stock Up 0.8%
DOCU stock opened at $68.86 on Wednesday. Docusign Inc. has a twelve month low of $63.50 and a twelve month high of $107.86. The company has a market cap of $13.85 billion, a P/E ratio of 51.77, a PEG ratio of 3.40 and a beta of 0.98. The business has a fifty day moving average of $70.27 and a 200-day moving average of $75.52.
Docusign (NASDAQ:DOCU - Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.08. Docusign had a return on equity of 14.01% and a net margin of 9.08%.The firm had revenue of $800.64 million during the quarter, compared to analyst estimates of $780.35 million. During the same period last year, the company earned $0.97 earnings per share. The company's revenue was up 8.8% on a year-over-year basis. As a group, equities research analysts anticipate that Docusign Inc. will post 1.17 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Docusign
Several hedge funds have recently modified their holdings of the stock. Oak Family Advisors LLC increased its holdings in Docusign by 37.2% during the second quarter. Oak Family Advisors LLC now owns 95,134 shares of the company's stock worth $7,410,000 after buying an additional 25,795 shares during the last quarter. New Age Alpha Advisors LLC grew its position in shares of Docusign by 738.2% in the 1st quarter. New Age Alpha Advisors LLC now owns 41,187 shares of the company's stock valued at $3,353,000 after acquiring an additional 36,273 shares during the period. Pinpoint Asset Management Ltd increased its stake in shares of Docusign by 54.3% during the 1st quarter. Pinpoint Asset Management Ltd now owns 56,985 shares of the company's stock worth $4,639,000 after purchasing an additional 20,043 shares during the last quarter. QRG Capital Management Inc. raised its holdings in shares of Docusign by 6.6% in the 2nd quarter. QRG Capital Management Inc. now owns 70,583 shares of the company's stock valued at $5,498,000 after purchasing an additional 4,341 shares during the period. Finally, Blair William & Co. IL lifted its stake in Docusign by 1.7% in the 1st quarter. Blair William & Co. IL now owns 387,542 shares of the company's stock valued at $31,546,000 after purchasing an additional 6,460 shares during the last quarter. Institutional investors own 77.64% of the company's stock.
Wall Street Analysts Forecast Growth
DOCU has been the topic of several recent research reports. Wall Street Zen upgraded Docusign from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th. Wells Fargo & Company raised their target price on Docusign from $80.00 to $85.00 and gave the stock an "equal weight" rating in a report on Friday, September 5th. Piper Sandler boosted their target price on Docusign from $85.00 to $90.00 and gave the stock a "neutral" rating in a research 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 note on Monday, September 8th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Docusign in a research note on Friday, September 5th. Four analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $94.14.
Check Out Our Latest Analysis on DOCU
Docusign Company Profile
(
Get Free Report)
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.
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