Key Points
- CEO Allan Thygesen sold 26,250 shares on Jan. 9 at an average price of $69.60 for $1.827M, reducing his ownership by 15.58% to 142,261 shares (SEC filing).
- Docusign carries a consensus Hold rating (consensus target $85.13) after multiple analysts cut targets, and the stock trades near $64.51 with a $12.9B market cap—where upside hinges on execution and whether new AI features drive measurable ARPU/revenue gains.
Docusign Inc. (NASDAQ:DOCU - Get Free Report) CFO Blake Jeffrey Grayson sold 6,500 shares of Docusign stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $70.00, for a total value of $455,000.00. Following the completion of the transaction, the chief financial officer directly owned 111,713 shares in the company, valued at $7,819,910. This represents a 5.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.
Blake Jeffrey Grayson also recently made the following trade(s):
- On Wednesday, December 17th, Blake Jeffrey Grayson sold 9,515 shares of Docusign stock. The shares were sold at an average price of $68.33, for a total value of $650,159.95.
Docusign Trading Down 5.6%
NASDAQ:DOCU opened at $64.51 on Wednesday. The business's fifty day moving average price is $68.21 and its 200 day moving average price is $72.77. The firm has a market capitalization of $12.92 billion, a price-to-earnings ratio of 45.11, a PEG ratio of 3.37 and a beta of 0.99. Docusign Inc. has a 1-year low of $63.41 and a 1-year high of $99.30.
Docusign News Roundup
Here are the key news stories impacting Docusign this week:
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of DOCU. Central Pacific Bank Trust Division acquired a new position in Docusign during the fourth quarter worth $25,000. True Wealth Design LLC lifted its position in shares of Docusign by 105.2% in the fourth quarter. True Wealth Design LLC now owns 433 shares of the company's stock worth $30,000 after buying an additional 222 shares during the last quarter. Aventura Private Wealth LLC bought a new stake in shares of Docusign during the 4th quarter worth about $30,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Docusign during the 2nd quarter valued at about $43,000. Finally, First Horizon Advisors Inc. raised its stake in shares of Docusign by 48.6% in the 2nd quarter. First Horizon Advisors Inc. now owns 590 shares of the company's stock valued at $46,000 after acquiring an additional 193 shares in the last quarter. Institutional investors own 77.64% of the company's stock.
Analyst Ratings Changes
DOCU has been the topic of a number of research analyst reports. Royal Bank Of Canada lowered their price objective on shares of Docusign from $95.00 to $70.00 and set a "sector perform" rating on the stock in a research report on Monday, January 5th. BTIG Research initiated coverage on shares of Docusign in a research report on Tuesday, December 16th. They issued a "buy" rating and a $88.00 target price for the company. Needham & Company LLC restated a "hold" rating on shares of Docusign in a report on Wednesday, December 17th. JPMorgan Chase & Co. cut their price objective on Docusign from $80.00 to $78.00 and set a "neutral" rating for the company in a report on Friday, December 5th. Finally, Wells Fargo & Company reduced their price objective on Docusign from $85.00 to $75.00 and set an "equal weight" rating for the company in a research report on Friday, December 5th. Six investment analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $85.13.
Get Our Latest Research Report on DOCU
Docusign Company Profile
(
Get Free Report)
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.
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