Key Points
- CRO Paula Hansen sold 3,300 Docusign shares at an average $81.82, worth about $270,006. The sale was made under a pre-arranged Rule 10b5-1 plan; she retained 103,258 shares.
- Docusign beat quarterly estimates, reporting adjusted earnings of $1.16 per share versus $1.09 expected and revenue of $875.75 million, up 9.4% year over year.
- Analysts maintained a broadly cautious view: the consensus rating was Hold, with an average price target of $67.62. Docusign also acquired AI procurement company Suplari to expand its agreement-management platform.
Docusign Inc. (NASDAQ:DOCU - Get Free Report) CRO Paula Hansen sold 3,300 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $81.82, for a total transaction of $270,006.00. Following the completion of the sale, the executive directly owned 103,258 shares of the company's stock, valued at approximately $8,448,569.56. This trade represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Paula Hansen also recently made the following trade(s):
- On Thursday, October 1st, Paula Hansen sold 3,300 shares of Docusign stock. The stock was sold at an average price of $68.81, for a total transaction of $227,073.00.
Docusign Price Performance
NASDAQ DOCU opened at $80.36 on Wednesday. The company's fifty day moving average is $71.54 and its two-hundred day moving average is $54.91. Docusign Inc. has a 52-week low of $40.16 and a 52-week high of $85.90. The firm has a market capitalization of $15.02 billion, a price-to-earnings ratio of 48.60, a P/E/G ratio of 3.00 and a beta of 0.80.
Docusign (NASDAQ:DOCU - Get Free Report) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $1.16 EPS for the quarter, beating analysts' consensus estimates of $1.09 by $0.07. The business had revenue of $875.75 million during the quarter, compared to analyst estimates of $867.22 million. Docusign had a net margin of 9.82% and a return on equity of 18.29%. The firm's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 earnings per share. As a group, sell-side analysts expect that Docusign Inc. will post 2.15 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several brokerages recently issued reports on DOCU. Wells Fargo & Company boosted their price target on Docusign from $55.00 to $60.00 and gave the company an "equal weight" rating in a research note on Friday, September 4th. Citigroup raised their price objective on Docusign from $54.00 to $72.00 and gave the stock a "neutral" rating in a research report on Friday, September 4th. UBS Group lifted their price objective on Docusign from $54.00 to $70.00 and gave the stock a "neutral" rating in a report on Friday, September 4th. Weiss Ratings raised Docusign from a "hold (c)" rating to a "hold (c+)" rating in a report on Thursday, October 8th. Finally, Robert W. Baird boosted their price objective on Docusign from $55.00 to $72.00 and gave the company a "neutral" rating in a research report on Friday, September 4th. Three equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $67.62.
Check Out Our Latest Stock Analysis on DOCU
Key Docusign News
Here are the key news stories impacting Docusign this week:
- Positive Sentiment: Docusign acquired Suplari, an AI-native procurement intelligence company, to add technology to its Intelligent Agreement Management platform. The company says the expanded platform is intended to help businesses manage supplier obligations and renewals, and reduce costs and risks—potentially strengthening its enterprise offering. Docusign acquires Suplari
- Positive Sentiment: A report says Schwab-affiliated registered investment advisers face a deadline to move exclusively to Docusign, with Nevis helping address onboarding workflows. If the transition drives adoption, it could support Docusign’s customer reach in financial services. Schwab RIAs and Docusign onboarding
- Neutral Sentiment: Chief Revenue Officer Paula Hansen sold 3,300 shares under a pre-arranged Rule 10b5-1 trading plan, reducing her position by 3.1%. The planned nature of the transaction may make it a weaker signal of her outlook than an unplanned sale. SEC filing
- Negative Sentiment: Docusign shares fell on the latest trading day while the broader market improved, indicating relative weakness in the session. Docusign stock declines while market improves
Hedge Funds Weigh In On Docusign
A number of hedge funds have recently made changes to their positions in DOCU. BlackRock Inc. bought a new stake in Docusign in the second quarter valued at about $927,059,000. Arrowstreet Capital Limited Partnership raised its position in Docusign by 76.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 5,285,128 shares of the company's stock worth $250,568,000 after purchasing an additional 2,283,996 shares in the last quarter. Renaissance Technologies LLC raised its position in Docusign by 4.0% in the first quarter. Renaissance Technologies LLC now owns 3,170,061 shares of the company's stock worth $150,293,000 after purchasing an additional 123,100 shares in the last quarter. Quantinno Capital Management LP raised its position in Docusign by 51.9% in the first quarter. Quantinno Capital Management LP now owns 1,608,631 shares of the company's stock worth $76,265,000 after purchasing an additional 549,603 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Docusign by 23.3% during the first quarter. Bank of America Corp DE now owns 1,193,163 shares of the company's stock worth $56,568,000 after purchasing an additional 225,801 shares during the period. Institutional investors and hedge funds own 77.64% of the company's stock.
About Docusign
(
Get Free Report)
DocuSign, Inc is a software company that provides digital agreement and electronic signature solutions. Its platform enables individuals and organizations to prepare, send, sign, manage and store agreements electronically, helping customers replace paper-based contracting processes with digital workflows.
The company's offerings include eSignature, contract lifecycle management, identity verification, notarization and agreement analytics tools. These products are designed to support agreement creation, negotiation, execution and post-signature management across functions such as sales, human resources, procurement, legal and finance.
Founded in 2003, DocuSign serves businesses, government organizations and individual users in markets around the world.
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