Docusign Inc. $DOCU Shares Sold by Eventide Asset Management LLC

Posted by Stanley Muller on Jun 16th, 2026

Eventide Asset Management LLC cut its holdings in Docusign Inc. (NASDAQ:DOCU – Free Report) by 63.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,480 shares of the company’s stock after selling 14,816 shares during the period. Eventide Asset Management LLC’s holdings in Docusign were worth $586,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. boosted its stake in Docusign by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 21,625,551 shares of the company’s stock valued at $1,558,986,000 after purchasing an additional 225,525 shares during the period. State Street Corp boosted its holdings in shares of Docusign by 0.9% during the 4th quarter. State Street Corp now owns 8,193,805 shares of the company’s stock worth $560,456,000 after buying an additional 77,008 shares during the period. Capital World Investors boosted its holdings in shares of Docusign by 38.1% during the 4th quarter. Capital World Investors now owns 5,815,804 shares of the company’s stock worth $397,801,000 after buying an additional 1,603,900 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Docusign by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 4,084,463 shares of the company’s stock worth $278,665,000 after buying an additional 18,873 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Docusign by 8.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,343,613 shares of the company’s stock worth $228,703,000 after buying an additional 251,639 shares during the period. 77.64% of the stock is owned by institutional investors and hedge funds.

Docusign Stock Performance

Shares of NASDAQ DOCU opened at $44.19 on Tuesday. The stock has a market cap of $8.44 billion, a P/E ratio of 28.69, a P/E/G ratio of 1.36 and a beta of 0.92. The firm has a 50 day moving average price of $47.48 and a 200 day moving average price of $53.22. Docusign Inc. has a 52-week low of $40.16 and a 52-week high of $86.65.

Docusign (NASDAQ:DOCU – Get Free Report) last issued its quarterly earnings data on Thursday, June 4th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.10. The firm had revenue of $830.24 million during the quarter, compared to analysts’ expectations of $824.71 million. Docusign had a net margin of 9.59% and a return on equity of 17.48%. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.90 earnings per share. Analysts predict that Docusign Inc. will post 1.97 earnings per share for the current fiscal year.

Docusign declared that its Board of Directors has authorized a share buyback plan 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 shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

Insider Activity

In related news, insider James P. Shaughnessy sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $46.83, for a total transaction of $561,960.00. Following the completion of the transaction, the insider owned 53,631 shares in the company, valued at approximately $2,511,539.73. The trade was a 18.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Robert Chatwani sold 16,696 shares of Docusign stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $48.10, for a total transaction of $803,077.60. Following the completion of the transaction, the insider directly owned 72,458 shares in the company, valued at approximately $3,485,229.80. The trade was a 18.73% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 65,489 shares of company stock valued at $3,125,814. 0.59% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

DOCU has been the subject of several recent analyst reports. Wells Fargo & Company decreased their price objective on shares of Docusign from $60.00 to $55.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Wall Street Zen raised shares of Docusign from a “buy” rating to a “strong-buy” rating in a report on Saturday. Morgan Stanley decreased their price objective on shares of Docusign from $90.00 to $69.00 and set an “equal weight” rating for the company in a report on Wednesday, March 18th. JPMorgan Chase & Co. decreased their price objective on shares of Docusign from $78.00 to $65.00 and set a “neutral” rating for the company in a report on Wednesday, March 18th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Docusign in a research note on Friday, June 5th. Three analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $60.27.

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About Docusign

(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.