Insider Selling: Docusign (NASDAQ:DOCU) CFO Sells $983,550.00 in Stock

Docusign Inc. (NASDAQ:DOCU) CFO Blake Grayson sold 15,000 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $65.57, for a total value of $983,550.00. Following the completion of the sale, the chief financial officer owned 81,429 shares of the company’s stock, valued at approximately $5,339,299.53. This trade represents a 15.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Blake Jeffrey Grayson also recently made the following trade(s):

• On Friday, September 4th, Blake Grayson sold 30,000 shares of Docusign stock. The stock was sold at an average price of $70.00, for a total value of $2,100,000.00.
• On Friday, August 7th, Blake Grayson sold 15,000 shares of Docusign stock. The stock was sold at an average price of $60.00, for a total value of $900,000.00.
• On Wednesday, July 1st, Blake Grayson sold 15,000 shares of Docusign stock. The shares were sold at an average price of $45.55, for a total transaction of $683,250.00.

Docusign Stock Up 2.1%

DOCU opened at $65.80 on Friday. The firm’s 50 day moving average is $57.35 and its 200-day moving average is $50.50. Docusign Inc. has a 52-week low of $40.16 and a 52-week high of $86.65. The firm has a market capitalization of $12.30 billion, a P/E ratio of 40.12, a P/E/G ratio of 2.44 and a beta of 0.90.

Docusign (NASDAQ:DOCU) last announced its earnings results on Thursday, September 3rd. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.07. The business had revenue of $875.75 million during the quarter, compared to the consensus estimate of $867.22 million. Docusign had a net margin of 9.82% and a return on equity of 18.29%. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.30 earnings per share. Equities analysts expect that Docusign Inc. will post 2.09 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DOCU has been the subject of several recent analyst reports. UBS Group raised their target price on Docusign from $54.00 to $70.00 and gave the company a “neutral” rating in a research note on Friday, September 4th. Jefferies Financial Group increased their price target on Docusign from $45.00 to $50.00 and gave the company a “hold” rating in a report on Friday, June 5th. Wedbush lowered their price objective on Docusign from $60.00 to $58.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Citigroup lifted their price objective on Docusign from $54.00 to $72.00 and gave the stock a “neutral” rating in a report on Friday, September 4th. Finally, BTIG Research upped their target price on Docusign from $60.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. Three equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Docusign has a consensus rating of “Hold” and an average target price of $67.33.

Trending Headlines about Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Docusign announced a “Where Deals Get Done” partnership with Stephen Curry’s UNDERRATED Golf, potentially strengthening brand visibility and customer engagement. Stephen Curry’s UNDERRATED Golf and Docusign Partnership
• Positive Sentiment: Management highlighted continued artificial-intelligence adoption and said the Intelligent Agreement Management platform now represents 15.1% of annual recurring revenue. Strong enterprise adoption and expanding platform usage support the longer-term growth case. Docusign Q2 2027 Earnings Call Transcript
• Positive Sentiment: Docusign’s latest quarterly results exceeded expectations, with earnings per share of $1.16 versus a $1.09 consensus estimate and revenue of $875.75 million versus $867.22 million expected. Revenue grew 9.4% year over year, while margin improvement and stronger cash flow also supported the investment narrative. Docusign Earnings Results

Institutional Trading of Docusign

A number of institutional investors and hedge funds have recently made changes to their positions in DOCU. NewEdge Advisors LLC grew its stake in Docusign by 36.4% during the 1st quarter. NewEdge Advisors LLC now owns 9,202 shares of the company’s stock worth $749,000 after buying an additional 2,457 shares during the last quarter. Guggenheim Capital LLC lifted its stake in Docusign by 6.7% in the second quarter. Guggenheim Capital LLC now owns 11,543 shares of the company’s stock valued at $899,000 after buying an additional 729 shares during the last quarter. State Street Corp lifted its stake in Docusign by 3.0% in the second quarter. State Street Corp now owns 8,074,976 shares of the company’s stock valued at $628,960,000 after buying an additional 236,494 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Docusign by 60.7% during the second quarter. Sei Investments Co. now owns 40,386 shares of the company’s stock valued at $3,146,000 after acquiring an additional 15,247 shares during the period. Finally, Treasurer of the State of North Carolina boosted its holdings in shares of 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 acquiring an additional 63,911 shares during the period. 77.64% of the stock is currently owned by institutional investors and hedge funds.

Docusign Company Profile

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.