WINTON GROUP Ltd Trims Position in Docusign Inc. $DOCU

WINTON GROUP Ltd trimmed its position in Docusign Inc. (NASDAQ:DOCU) by 65.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 66,584 shares of the company’s stock after selling 128,865 shares during the period. WINTON GROUP Ltd’s holdings in Docusign were worth $2,958,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DOCU. NewEdge Advisors LLC boosted its holdings in Docusign by 36.4% in the 1st quarter. NewEdge Advisors LLC now owns 9,202 shares of the company’s stock valued at $749,000 after purchasing an additional 2,457 shares during the period. Guggenheim Capital LLC increased its holdings in shares of Docusign by 6.7% in the second quarter. Guggenheim Capital LLC now owns 11,543 shares of the company’s stock worth $899,000 after purchasing an additional 729 shares during the period. State Street Corp raised its position in shares of Docusign by 3.0% in the second quarter. State Street Corp now owns 8,074,976 shares of the company’s stock worth $628,960,000 after buying an additional 236,494 shares in the last quarter. Sei Investments Co. raised its position in shares of Docusign by 60.7% in the second quarter. Sei Investments Co. now owns 40,386 shares of the company’s stock worth $3,146,000 after buying an additional 15,247 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in Docusign by 51.0% during the second quarter. Treasurer of the State of North Carolina now owns 189,178 shares of the company’s stock valued at $14,735,000 after buying an additional 63,911 shares during the period. 77.64% of the stock is currently owned by institutional investors.

Docusign Price Performance

Shares of NASDAQ DOCU opened at $65.65 on Friday. The stock has a market capitalization of $12.27 billion, a P/E ratio of 40.03, a PEG ratio of 2.48 and a beta of 0.90. Docusign Inc. has a one year low of $40.16 and a one year high of $86.65. The firm’s 50 day simple moving average is $57.75 and its two-hundred day simple moving average is $50.61.

Docusign (NASDAQ:DOCU) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. Docusign had a net margin of 9.82% and a return on equity of 18.29%. The firm had revenue of $875.75 million during the quarter, compared to analyst estimates of $867.22 million. During the same period in the previous year, the business posted $0.30 EPS. The business’s quarterly revenue was up 9.4% on a year-over-year basis. As a group, equities analysts expect that Docusign Inc. will post 2.1 earnings per share for the current fiscal year.

Docusign News Roundup

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.

Analysts Set New Price Targets

DOCU has been the topic of a number of research analyst reports. Wall Street Zen lowered Docusign from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 2nd. BTIG Research upped their price objective on shares of Docusign from $60.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, September 2nd. Morgan Stanley lifted their target price on shares of Docusign from $69.00 to $75.00 and gave the company an “equal weight” rating in a research report on Friday, September 4th. Weiss Ratings raised shares of Docusign from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 25th. Finally, Wells Fargo & Company lifted their price objective on shares of Docusign from $55.00 to $60.00 and gave the stock an “equal weight” rating in a report on Friday, September 4th. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Docusign currently has a consensus rating of “Hold” and a consensus target price of $67.33.

Insiders Place Their Bets

In other news, CEO Allan C. Thygesen sold 26,250 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $46.02, for a total value of $1,208,025.00. Following the completion of the sale, the chief executive officer owned 159,038 shares of the company’s stock, valued at approximately $7,318,928.76. The trade was a 14.17% decrease in their position. The transaction 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, Director James A. Beer sold 450 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $64.02, for a total value of $28,809.00. Following the sale, the director owned 14,586 shares of the company’s stock, valued at $933,795.72. This represents a 2.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 182,150 shares of company stock valued at $10,443,740 over the last three months. 0.59% of the stock is currently owned by company insiders.

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.