Docusign Inc. (NASDAQ:DOCU – Get Free Report) Director Teresa Briggs sold 548 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $64.60, for a total value of $35,400.80. Following the sale, the director directly owned 10,811 shares of the company’s stock, valued at $698,390.60. The trade was a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Docusign Stock Performance
NASDAQ:DOCU opened at $65.65 on Monday. The firm has a market cap of $12.27 billion, a P/E ratio of 40.03, a PEG ratio of 2.47 and a beta of 0.90. The stock’s 50 day simple moving average is $57.75 and its 200-day simple moving average is $50.67. Docusign Inc. has a 12-month low of $40.16 and a 12-month high of $86.65.
Docusign (NASDAQ:DOCU – Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.07. Docusign had a return on equity of 18.29% and a net margin of 9.82%.The firm had revenue of $875.75 million during the quarter, compared to the consensus estimate of $867.22 million. During the same period last year, the company earned $0.30 earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. Research analysts forecast that Docusign Inc. will post 2.1 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Get Our Latest Report on Docusign
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Modus Advisors LLC acquired a new stake in shares of Docusign during the 4th quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC increased its stake in Docusign by 309.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 561 shares of the company’s stock valued at $38,000 after purchasing an additional 424 shares in the last quarter. Basepoint Wealth LLC purchased a new position in Docusign in the 4th quarter valued at approximately $39,000. Harbour Investments Inc. increased its stake in Docusign by 56.6% in the 4th quarter. Harbour Investments Inc. now owns 797 shares of the company’s stock valued at $55,000 after purchasing an additional 288 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in Docusign by 116.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 854 shares of the company’s stock worth $58,000 after purchasing an additional 460 shares during the last quarter. 77.64% of the stock is currently owned by institutional investors and hedge funds.
Key Docusign News
Here are the key news stories impacting Docusign this week:
- Positive Sentiment: Docusign reported quarterly earnings and revenue above analyst estimates, while revenue grew 9.4% year over year. Management also highlighted margin gains, stronger cash flow and continued IAM adoption. Docusign Declines After Beating Q2 Earnings and Revenue Estimates
- Positive Sentiment: The IAM platform now represents 15.1% of annual recurring revenue, suggesting Docusign is using AI to expand beyond traditional electronic signatures and potentially increase customer value. Docusign Q2 2027 Earnings Call Transcript
- Positive Sentiment: Docusign and Stephen Curry’s UNDERRATED Golf announced a “Where Deals Get Done” partnership. The marketing agreement may support brand visibility, although its direct financial impact was not disclosed. Stephen Curry’s UNDERRATED Golf and Docusign Partnership
- Neutral Sentiment: Reported short interest was zero shares, indicating little evidence of an active short-selling position or near-term short-squeeze potential.
- Negative Sentiment: DOCU declined despite the earnings and revenue beat, suggesting investors may have already priced in the strong results or remain cautious about the pace of IAM adoption and future growth. Docusign Declines After Earnings Beat
- Negative Sentiment: Director Peter Solvik sold 46,000 shares worth approximately $3.0 million, reducing his holdings by 48.14%. Director Teresa Briggs also sold shares, though her transaction was executed under a pre-arranged Rule 10b5-1 plan. These sales can weigh on sentiment, even though they do not necessarily signal deteriorating fundamentals.
About Docusign
DocuSign, Inc is a provider of digital agreement management and electronic signature solutions. Its platform enables individuals and organizations to prepare, send, sign, manage and store agreements electronically, helping businesses replace paper-based contracting processes with digital workflows.
The company’s products and services include DocuSign eSignature, which supports electronic signing and authentication, as well as tools for contract lifecycle management, agreement preparation, identity verification, notarial services and workflow automation.
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