Docusign Inc. $DOCU Stock Position Decreased by Clark Capital Management Group Inc.

Posted by Geri Gentry on Jun 17th, 2026

Clark Capital Management Group Inc. lessened its holdings in shares of Docusign Inc. (NASDAQ:DOCU – Free Report) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 684,522 shares of the company’s stock after selling 12,585 shares during the period. Clark Capital Management Group Inc.’s holdings in Docusign were worth $46,821,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of Docusign by 15.1% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,229 shares of the company’s stock valued at $89,000 after buying an additional 161 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Docusign by 8.2% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,169 shares of the company’s stock valued at $166,000 after buying an additional 165 shares during the last quarter. Centaurus Financial Inc. grew its position in shares of Docusign by 3.4% during the 3rd quarter. Centaurus Financial Inc. now owns 5,582 shares of the company’s stock valued at $402,000 after buying an additional 184 shares during the last quarter. Clearstead Advisors LLC grew its position in shares of Docusign by 12.1% during the 3rd quarter. Clearstead Advisors LLC now owns 1,872 shares of the company’s stock valued at $135,000 after buying an additional 202 shares during the last quarter. Finally, True Wealth Design LLC grew its position in shares of Docusign by 105.2% during the 4th quarter. True Wealth Design LLC now owns 433 shares of the company’s stock valued at $30,000 after buying an additional 222 shares during the last quarter. Institutional investors own 77.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on DOCU shares. Wall Street Zen upgraded shares of Docusign from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Robert W. Baird decreased their target price on shares of Docusign from $75.00 to $55.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. JPMorgan Chase & Co. decreased their target price on shares of Docusign from $78.00 to $65.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. Wells Fargo & Company decreased their target price on shares of Docusign from $60.00 to $55.00 and set an “equal weight” rating for the company in a research report on Friday, June 5th. Finally, Wedbush decreased their target price on shares of Docusign from $60.00 to $58.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Three analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $60.27.

Get Our Latest Report on Docusign

Insider Activity at Docusign

In other news, CRO Paula Hansen sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $46.84, for a total value of $281,040.00. Following the completion of the sale, the executive directly owned 79,233 shares of the company’s stock, valued at approximately $3,711,273.72. This represents a 7.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider James P. Shaughnessy sold 12,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $46.83, for a total transaction of $561,960.00. Following the completion of the sale, the insider directly owned 53,631 shares of the company’s stock, valued at approximately $2,511,539.73. This represents a 18.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 48,793 shares of company stock valued at $2,322,737. 0.59% of the stock is currently owned by insiders.

Docusign Trading Up 0.5%

NASDAQ DOCU opened at $44.43 on Wednesday. Docusign Inc. has a 52 week low of $40.16 and a 52 week high of $86.65. The stock has a market cap of $8.48 billion, a price-to-earnings ratio of 28.85, a price-to-earnings-growth ratio of 1.34 and a beta of 0.92. The company has a 50-day moving average price of $47.40 and a two-hundred day moving average price of $53.04.

Docusign (NASDAQ:DOCU – Get Free Report) last posted its earnings results on Thursday, June 4th. The company reported $1.09 EPS for the quarter, topping the consensus estimate 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%. Docusign’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 EPS. As a group, equities research analysts expect that Docusign Inc. will post 1.97 earnings per share for the current fiscal year.

Docusign announced that its Board of Directors has authorized a share repurchase program on Tuesday, March 17th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 21% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Docusign Profile

(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.