Teresa Briggs Sells 364 Shares of Docusign (NASDAQ:DOCU) Stock

Docusign Inc. (NASDAQ:DOCU) Director Teresa Briggs sold 364 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $44.31, for a total transaction of $16,128.84. Following the completion of the sale, the director directly owned 9,170 shares of the company’s stock, valued at approximately $406,322.70. This trade represents a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Docusign Stock Performance

Shares of NASDAQ:DOCU opened at $45.07 on Friday. The firm’s 50 day simple moving average is $56.08 and its 200-day simple moving average is $66.63. Docusign Inc. has a one year low of $40.16 and a one year high of $94.67. The firm has a market cap of $9.03 billion, a PE ratio of 31.52, a price-to-earnings-growth ratio of 1.96 and a beta of 1.00.

Wall Street Analysts Forecast Growth

DOCU has been the topic of several research reports. Piper Sandler cut their price target on Docusign from $90.00 to $75.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. Wells Fargo & Company dropped their target price on shares of Docusign from $85.00 to $75.00 and set an “equal weight” rating on the stock in a report on Friday, December 5th. Royal Bank Of Canada dropped their target price on shares of Docusign from $95.00 to $70.00 and set a “sector perform” rating on the stock in a report on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of Docusign in a report on Wednesday, January 21st. Finally, Evercore lowered their price target on shares of Docusign from $92.00 to $80.00 and set an “in-line” rating for the company in a research report on Friday, December 5th. Five analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $78.80.

More Docusign News

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Nvidia CEO comments eased fears that AI will cannibalize enterprise software, sparking a session where DocuSign and other software names traded up — a sentiment boost that can help stabilize shares if sustained. DocuSign, MongoDB, Workiva, Elastic, and PagerDuty Stocks Trade Up, What You Need To Know
• Neutral Sentiment: AAII published a comparative piece weighing DocuSign vs. EverCommerce, useful for investors doing relative-value or thematic SaaS allocations but not a near-term catalyst. Which Is a Better Investment, DocuSign, Inc. or EverCommerce Inc. Stock?
• Neutral Sentiment: Reported short-interest figures for February appear to contain errors (showing 0 shares/NaN changes) and therefore offer no clear signal about bearish positioning — treat that data as unreliable until restated. (Data source summary)
• Negative Sentiment: A MarketBeat piece framing the software sell-off singled out DocuSign as exposed to AI-driven commoditization and product concentration risks, arguing the company lacks the durable moats that protect other AI beneficiaries — this narrative pressures valuations and investor confidence. AI Is Separating Software Winners From Losers, 2 Experts Explain (DOCU)
• Negative Sentiment: Commentary asking whether it’s time to reassess DocuSign after a prolonged share-price slump highlights sizable multi-timeframe declines and reinforces a cautious investor stance; such coverage can prolong negative momentum. Is It Time To Reassess DocuSign (DOCU) After Its Prolonged Share Price Slump
• Negative Sentiment: A director (Teresa Briggs) executed a small sale (~364 shares, ~$16k). The size is modest, so it’s more a datapoint than a major red flag, but insider selling can be perceived negatively in a down market. SEC Filing: Insider Sale by Teresa Briggs

Hedge Funds Weigh In On Docusign

A number of large investors have recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division bought a new stake in shares of Docusign in the 4th quarter valued at about $25,000. Modus Advisors LLC purchased a new stake in Docusign during the fourth quarter valued at approximately $27,000. Torren Management LLC acquired a new stake in Docusign in the fourth quarter valued at approximately $28,000. Aventura Private Wealth LLC acquired a new stake in Docusign in the fourth quarter valued at approximately $30,000. Finally, True Wealth Design LLC grew its holdings in 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 last quarter. 77.64% of the stock is currently owned by institutional investors.

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.