Docusign (NASDAQ:DOCU) Insider Robert Chatwani Sells 16,696 Shares of Stock

Docusign Inc. (NASDAQ:DOCU) insider Robert Chatwani sold 16,696 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $48.10, for a total transaction of $803,077.60. Following the transaction, the insider owned 72,458 shares of the company’s stock, valued at $3,485,229.80. This represents a 18.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Docusign Stock Down 2.4%

DOCU opened at $47.75 on Friday. The firm has a 50-day moving average price of $50.25 and a 200-day moving average price of $64.24. Docusign Inc. has a twelve month low of $40.16 and a twelve month high of $94.67. The company has a market capitalization of $9.56 billion, a price-to-earnings ratio of 32.26, a PEG ratio of 2.13 and a beta of 1.03.

Docusign (NASDAQ:DOCU) last announced its quarterly earnings results on Tuesday, March 17th. The company reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.06. The company had revenue of $836.86 million for the quarter, compared to analysts’ expectations of $828.23 million. Docusign had a net margin of 9.60% and a return on equity of 16.86%. Docusign’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.86 EPS. On average, sell-side analysts expect that Docusign Inc. will post 1.17 earnings per share for the current fiscal year.

Docusign announced that its board has initiated a share repurchase plan on Tuesday, March 17th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 21% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Key Stories Impacting Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Q4 results beat expectations: DocuSign reported stronger-than-expected Q4 revenue and EPS, with subscription gains and upbeat FY27 guidance that demonstrate continued momentum. Proactive: DocuSign beats Q4 estimates
• Positive Sentiment: Board approved a large buyback: the company authorized up to $2.0 billion in share repurchases (about 21% of shares outstanding), a clear signal management views the stock as undervalued and that buybacks could support the share price. American Banking News: Board Approves Share Repurchase Plan
• Positive Sentiment: Some analysts remain constructive: BTIG reiterated a Buy rating and $70 target, showing pockets of continued analyst support. American Banking News: BTIG reiterates Buy
• Neutral Sentiment: Trading activity picked up after the beats: volume spiked following earnings, which can increase volatility and amplify both upside and downside moves. American Banking News: Volume Increase After Earnings
• Neutral Sentiment: Bull case remains on value/long-term metrics: some commentators argue DOCU is oversold relative to fundamentals (rule-of-40 progress, IAM product traction), which supports a longer-term buy thesis even if near-term growth expectations are being reworked. Seeking Alpha: Stabilizing Business At A Great Price
• Negative Sentiment: Widespread analyst price-target cuts and more cautious ratings: multiple major brokerages (Morgan Stanley, RBC, UBS, JPMorgan, Piper Sandler, Wells Fargo, Robert W. Baird, Citigroup and others) trimmed targets and in several cases moved to neutral/equal‑weight—reducing near-term upside expectations and exerting selling pressure. Blockonomi: Analyst price targets slashed
• Negative Sentiment: Insider selling disclosed: a senior insider sold ~16.7k shares (~$803k), which some investors view negatively even if single filings can be routine. SEC Form 4: Insider Sale

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Royal Bank Of Canada reduced their target price on Docusign from $70.00 to $55.00 and set a “sector perform” rating for the company in a report on Wednesday. UBS Group cut their price objective on shares of Docusign from $75.00 to $54.00 and set a “neutral” rating for the company in a research report on Wednesday. Morgan Stanley reduced their price objective on shares of Docusign from $90.00 to $69.00 and set an “equal weight” rating for the company in a research note on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Docusign in a report on Wednesday, January 21st. Finally, Citigroup lowered their target price on shares of Docusign from $120.00 to $99.00 and set a “buy” rating on the stock in a research note on Wednesday. Five research analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $66.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Central Pacific Bank Trust Division purchased a new stake in Docusign in the fourth quarter valued at approximately $25,000. Modus Advisors LLC purchased a new position in Docusign in the 4th quarter worth approximately $27,000. Torren Management LLC purchased a new position in Docusign in the 4th quarter worth approximately $28,000. Aventura Private Wealth LLC bought a new position in shares of Docusign in the 4th quarter worth $30,000. Finally, True Wealth Design LLC increased its holdings in shares of Docusign by 105.2% in the 4th quarter. True Wealth Design LLC now owns 433 shares of the company’s stock worth $30,000 after buying an additional 222 shares during the last quarter. Hedge funds and other institutional investors own 77.64% of the company’s stock.

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.