Hsbc Holdings PLC cut its position in Docusign Inc. (NASDAQ:DOCU – Free Report) by 24.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 455,856 shares of the company’s stock after selling 151,200 shares during the quarter. Hsbc Holdings PLC’s holdings in Docusign were worth $31,198,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Central Pacific Bank Trust Division bought a new stake in Docusign during the fourth quarter valued at about $25,000. Modus Advisors LLC acquired a new stake in shares of Docusign in the fourth quarter valued at about $27,000. Torren Management LLC bought a new position in shares of Docusign in the fourth quarter worth about $28,000. True Wealth Design LLC increased its stake 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 purchasing an additional 222 shares during the period. Finally, Aventura Private Wealth LLC acquired a new position in shares of Docusign during the 4th quarter worth about $30,000. Institutional investors own 77.64% of the company’s stock.
Insider Buying and Selling
In other news, CRO Paula Hansen sold 6,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $46.84, for a total transaction of $281,040.00. Following the completion of the transaction, the executive directly owned 79,233 shares of the company’s stock, valued at approximately $3,711,273.72. This trade represents a 7.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Allan C. Thygesen sold 26,250 shares of Docusign stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $47.78, for a total transaction of $1,254,225.00. Following the sale, the chief executive officer owned 152,237 shares in the company, valued at approximately $7,273,883.86. This trade represents a 14.71% 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 quarter, insiders have sold 64,695 shares of company stock worth $3,006,682. Insiders own 0.59% of the company’s stock.
Docusign Trading Up 3.7%
Docusign (NASDAQ:DOCU – Get Free Report) last issued 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. Docusign had a return on equity of 17.48% and a net margin of 9.59%.The firm had revenue of $830.24 million during the quarter, compared to analysts’ expectations of $824.71 million. During the same period last year, the business earned $0.90 earnings per share. Docusign’s quarterly revenue was up 8.7% compared to the same quarter last year. Equities analysts forecast that Docusign Inc. will post 1.97 earnings per share for the current fiscal year.
Docusign announced that its board has authorized a stock repurchase plan on Tuesday, March 17th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the company to purchase up to 21% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its stock is undervalued.
Trending Headlines about Docusign
Here are the key news stories impacting Docusign this week:
- Positive Sentiment: Docusign expanded its AI strategy by integrating IAM with Perplexity, a move that could strengthen adoption and deepen its role in automated agreement management. Docusign & Perplexity Help Legal Teams Automate Enterprise-wide Contract Workflows
- Positive Sentiment: The new integration may support Docusign’s growth narrative by reducing manual contract work for in-house legal teams and improving workflow automation across sales, procurement, and HR. Docusign & Perplexity Help Legal Teams Automate Enterprise-wide Contract Workflows
- Positive Sentiment: Investors also appear to be encouraged by Docusign’s continued focus on subscription revenue, eSignature demand, and partnership-driven expansion, which support the company’s long-term platform story. Subscription Revenues & Partnerships Aid Docusign Amid Low Liquidity
- Neutral Sentiment: The stock also remains in focus amid broader software sector rotation and investor attention on AI winners versus laggards, which may be adding to trading activity but is not a direct fundamental driver. DocuSign (DOCU) stock trades up, here is why
- Negative Sentiment: Offsetting the optimism, recent commentary still points to pricing pressure, weak liquidity, and mixed analyst sentiment, while an insider sale may add a small overhang for some investors. Docusign (NASDAQ:DOCU) Insider Sells $683,945.02 in Stock
Analyst Upgrades and Downgrades
DOCU has been the subject of several recent analyst reports. Citizens Jmp decreased their target price on Docusign from $124.00 to $86.00 and set a “market outperform” rating for the company in a research note on Wednesday, March 18th. Royal Bank Of Canada reduced their price objective on Docusign from $70.00 to $55.00 and set a “sector perform” rating for the company in a research report on Wednesday, March 18th. Piper Sandler lowered their price objective on shares of Docusign from $75.00 to $52.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 18th. Citigroup boosted their target price on shares of Docusign from $50.00 to $54.00 and gave the stock a “neutral” rating in a research report on Friday, June 5th. Finally, Jefferies Financial Group upped their target price on shares of Docusign from $45.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, June 5th. Three research 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. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $60.27.
Read Our Latest Report on DOCU
About Docusign
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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