Segall Bryant & Hamill LLC cut its holdings in DigitalOcean Holdings, Inc. (NYSE:DOCN – Free Report) by 35.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 164,740 shares of the company’s stock after selling 92,423 shares during the period. Segall Bryant & Hamill LLC owned about 0.16% of DigitalOcean worth $14,131,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of DOCN. Allworth Financial LP lifted its holdings in DigitalOcean by 54.4% in the third quarter. Allworth Financial LP now owns 724 shares of the company’s stock worth $25,000 after acquiring an additional 255 shares during the last quarter. Parallel Advisors LLC boosted its stake in DigitalOcean by 66.2% in the first quarter. Parallel Advisors LLC now owns 324 shares of the company’s stock valued at $28,000 after acquiring an additional 129 shares during the period. Huntington National Bank grew its holdings in shares of DigitalOcean by 638.3% during the fourth quarter. Huntington National Bank now owns 598 shares of the company’s stock valued at $29,000 after purchasing an additional 517 shares during the last quarter. NBC Securities Inc. bought a new position in shares of DigitalOcean during the fourth quarter valued at approximately $32,000. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of DigitalOcean during the 1st quarter worth approximately $33,000. Institutional investors own 49.77% of the company’s stock.
Insider Buying and Selling at DigitalOcean
In related news, Director Hilary Schneider sold 4,338 shares of DigitalOcean stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $156.38, for a total transaction of $678,376.44. Following the sale, the director directly owned 24,323 shares in the company, valued at $3,803,630.74. The trade was a 15.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Matt Steinfort sold 25,000 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $152.50, for a total transaction of $3,812,500.00. Following the completion of the sale, the chief financial officer directly owned 573,272 shares of the company’s stock, valued at $87,423,980. The trade was a 4.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 39,338 shares of company stock valued at $6,191,576. Company insiders own 0.96% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on DOCN
DigitalOcean Stock Performance
DOCN opened at $117.28 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.92. The business’s 50 day moving average is $147.24 and its 200-day moving average is $106.06. The stock has a market cap of $12.24 billion, a PE ratio of 51.22 and a beta of 1.57. DigitalOcean Holdings, Inc. has a twelve month low of $25.56 and a twelve month high of $187.50.
DigitalOcean (NYSE:DOCN – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.17. DigitalOcean had a return on equity of 88.86% and a net margin of 24.97%.The business had revenue of $257.90 million during the quarter, compared to analyst estimates of $249.76 million. During the same period in the prior year, the company posted $0.56 EPS. The business’s revenue for the quarter was up 22.4% compared to the same quarter last year. DigitalOcean has set its Q2 2026 guidance at 0.200-0.230 EPS and its FY 2026 guidance at 1.100-1.200 EPS. On average, analysts predict that DigitalOcean Holdings, Inc. will post 0.57 earnings per share for the current year.
DigitalOcean Profile
DigitalOcean Holdings, Inc is a cloud infrastructure provider that focuses on simplicity, performance and developer experience. The company offers a range of cloud services designed to help software developers, startups and small- to medium-sized businesses deploy, manage and scale applications. Its flagship offering, Droplets, provides virtual private servers that can be configured with various CPU, memory and storage options. In addition to compute instances, DigitalOcean’s platform includes managed Kubernetes, scalable object and block storage, managed databases, load balancers and networking capabilities such as Virtual Private Cloud (VPC) and Floating IPs.
Founded in 2011 and headquartered in New York City, DigitalOcean was created with the goal of making cloud computing more accessible to individual developers and smaller teams.
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