Blake Jeffrey Grayson Sells 30,000 Shares of Docusign (NASDAQ:DOCU) Stock

Docusign Inc. (NASDAQ:DOCU) CFO Blake Grayson sold 30,000 shares of Docusign stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $70.00, for a total value of $2,100,000.00. Following the completion of the sale, the chief financial officer owned 96,429 shares in the company, valued at approximately $6,750,030. This trade represents a 23.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 Tuesday, September 8th, Blake Grayson sold 15,000 shares of Docusign stock. The stock was sold at an average price of $65.57, for a total value of $983,550.00.
• On Friday, August 7th, Blake Grayson sold 15,000 shares of Docusign stock. The shares were 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 stock was sold at an average price of $45.55, for a total transaction of $683,250.00.

Docusign Stock Down 1.0%

Shares of DOCU opened at $64.45 on Thursday. The company has a 50-day simple moving average of $56.95 and a 200-day simple moving average of $50.35. The company has a market capitalization of $12.05 billion, a PE ratio of 39.30, a P/E/G ratio of 2.51 and a beta of 0.90. Docusign Inc. has a 52-week low of $40.16 and a 52-week high of $86.65.

Docusign (NASDAQ:DOCU) last released its quarterly earnings data on Thursday, September 3rd. The company reported $1.16 EPS 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 for the quarter, compared to the consensus estimate of $867.22 million. During the same quarter in the previous year, the firm earned $0.30 earnings per share. The firm’s revenue was up 9.4% on a year-over-year basis. On average, research analysts anticipate that Docusign Inc. will post 2.05 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on DOCU shares. Bank of America raised their price objective on Docusign from $58.00 to $64.00 and gave the company an “underperform” rating in a research note on Friday, September 4th. Citigroup raised their price target on Docusign from $54.00 to $72.00 and gave the company a “neutral” rating in a research report on Friday, September 4th. Evercore set a $65.00 price target on Docusign in a research note on Friday, September 4th. Morgan Stanley raised their target price on shares of Docusign from $69.00 to $75.00 and gave the company an “equal weight” rating in a report on Friday, September 4th. Finally, Robert W. Baird lifted their target price on shares of Docusign from $55.00 to $72.00 and gave the stock a “neutral” rating in a research report on Friday, September 4th. Three research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.33.

Key Stories Impacting Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Docusign’s AI strategy is gaining traction: its Intelligent Agreement Management platform now generates more than 15% of recurring revenue. The company recently exceeded quarterly earnings and revenue estimates and raised its guidance, easing concerns that artificial intelligence could disrupt its core e-signature business. Docusign’s AI Push Is Giving Investors a Reason to Rethink the Stock
• Positive Sentiment: The company unveiled an open Model Context Protocol server designed to improve integrations between enterprise AI tools and Docusign’s platform. The initiative could support broader adoption of its digital-contract and workflow products. DocuSign unveils open MCP server
• Neutral Sentiment: Analysts have raised several price targets following the earnings report, including Piper Sandler to $75 and Robert W. Baird to $72. However, both maintained neutral ratings. Docusign’s consensus rating remains “Hold,” with an average target of $67.33, indicating limited near-term upside at recent trading levels.
• Negative Sentiment: CFO Blake Grayson disclosed multiple sales totaling 45,000 shares for approximately $3.1 million, reducing his direct holdings by roughly 36% across the reported transactions. Although the sales were executed under a pre-arranged Rule 10b5-1 plan, the size and concentration of the disposals may weigh on investor sentiment, particularly as the stock has declined over the past year. DocuSign CFO Sells 45,000 Shares

Institutional Trading of Docusign

A number of large investors have recently made changes to their positions in the stock. Modus Advisors LLC purchased a new position in Docusign in the 4th quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC raised its position in shares of Docusign by 309.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 561 shares of the company’s stock valued at $38,000 after buying an additional 424 shares during the last quarter. Basepoint Wealth LLC purchased a new position in shares of Docusign during the fourth quarter valued at approximately $39,000. WealthCollab LLC boosted its position in Docusign by 372.4% during the first quarter. WealthCollab LLC now owns 855 shares of the company’s stock worth $41,000 after acquiring an additional 674 shares during the last quarter. Finally, Virtus Advisers LLC purchased a new stake in Docusign in the 2nd quarter worth approximately $47,000. Institutional investors and hedge funds 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.