iA Global Asset Management Inc. Acquires Shares of 11,860 Docusign Inc. $DOCU

iA Global Asset Management Inc. bought a new stake in shares of Docusign Inc. (NASDAQ:DOCU) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,860 shares of the company’s stock, valued at approximately $562,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DOCU. Nordea Investment Management AB grew its holdings in Docusign by 3.8% in the fourth quarter. Nordea Investment Management AB now owns 1,198,634 shares of the company’s stock worth $82,502,000 after purchasing an additional 43,810 shares during the period. Step Capital Management Pte. Ltd. bought a new position in shares of Docusign during the fourth quarter valued at approximately $2,052,000. Retirement Systems of Alabama increased its stake in shares of Docusign by 4.9% during the fourth quarter. Retirement Systems of Alabama now owns 544,473 shares of the company’s stock valued at $37,242,000 after purchasing an additional 25,367 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich purchased a new position in shares of Docusign during the third quarter valued at approximately $17,614,000. Finally, Crossmark Global Holdings Inc. lifted its holdings in shares of Docusign by 364.4% during the third quarter. Crossmark Global Holdings Inc. now owns 57,648 shares of the company’s stock valued at $4,156,000 after purchasing an additional 45,235 shares during the last quarter. 77.64% of the stock is owned by hedge funds and other institutional investors.

Docusign Stock Performance

Shares of NASDAQ DOCU opened at $45.77 on Friday. The firm’s 50 day moving average price is $46.89 and its 200-day moving average price is $50.93. Docusign Inc. has a 52-week low of $40.16 and a 52-week high of $86.65. The company has a market cap of $8.74 billion, a PE ratio of 29.72, a P/E/G ratio of 1.36 and a beta of 0.90.

Docusign (NASDAQ:DOCU) last announced its quarterly earnings results on Thursday, June 4th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.10. Docusign had a net margin of 9.59% and a return on equity of 17.48%. The company had revenue of $830.24 million during the quarter, compared to the consensus estimate of $824.71 million. During the same quarter last year, the firm earned $0.90 earnings per share. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. On average, analysts forecast that Docusign Inc. will post 2.03 earnings per share for the current fiscal year.

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DOCU. Weiss Ratings downgraded Docusign from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, June 26th. Wells Fargo & Company lowered their price objective on Docusign from $60.00 to $55.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. Citigroup boosted their target price on Docusign from $50.00 to $54.00 and gave the stock a “neutral” rating in a report on Friday, June 5th. Wall Street Zen raised Docusign from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 13th. Finally, UBS Group set a $60.00 target price on Docusign in a research note on Friday, June 5th. Three analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $60.27.

Key Docusign News

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Zacks boosted longer-term earnings expectations for DocuSign, including higher FY2027, FY2028, and future quarterly EPS estimates, which suggests improving profitability over time.
• Positive Sentiment: DocuSign highlighted its AI assistant and agents at Momentum London 2026, signaling ongoing product innovation and an effort to strengthen its platform in the AI-driven workflow market. Docusign showcases AI assistant and agents at Momentum London 2026 to power the next era of agreement work
• Neutral Sentiment: DocuSign is also being pitched by Zacks as a long-term value idea, reflecting a favorable valuation case rather than a clear near-term catalyst. Why DocuSign (DOCU) is a Top Value Stock for the Long-Term
• Negative Sentiment: Multiple executives, including CEO Allan C. Thygesen, CFO Blake Jeffrey Grayson, and CRO Paula Hansen, sold shares under pre-arranged 10b5-1 plans, which can weigh on investor sentiment even if the sales were planned.
• Negative Sentiment: Paula Hansen’s additional 6,000-share sale was separately reported again this morning, keeping insider selling in focus for traders. Paula Hansen Sells 6,000 Shares of Docusign (NASDAQ:DOCU) Stock

Insider Buying and Selling at Docusign

In other news, insider James P. Shaughnessy sold 12,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $45.54, for a total value of $546,480.00. Following the completion of the transaction, the insider owned 52,815 shares in the company, valued at $2,405,195.10. The trade was a 18.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Blake Jeffrey Grayson sold 15,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $45.55, for a total value of $683,250.00. Following the transaction, the chief financial officer directly owned 141,429 shares in the company, valued at approximately $6,442,090.95. The trade was a 9.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 76,695 shares of company stock worth $3,476,002. Insiders own 0.59% 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.