Docusign (NASDAQ:DOCU) Reaches New 1-Year Low – Here’s What Happened

Docusign Inc. (NASDAQ:DOCU) shares reached a new 52-week low during trading on Friday . The stock traded as low as $65.84 and last traded at $67.4710, with a volume of 276480 shares traded. The stock had previously closed at $67.01.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on DOCU shares. Royal Bank Of Canada raised their price objective on Docusign from $90.00 to $95.00 and gave the company a “sector perform” rating in a research report on Friday, September 5th. Zacks Research upgraded shares of Docusign from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 9th. Needham & Company LLC reiterated a “hold” rating on shares of Docusign in a research note on Friday, September 5th. Argus reissued a “hold” rating on shares of Docusign in a research report on Monday, September 8th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Docusign from $77.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $94.14.

Docusign Stock Performance

The company has a market capitalization of $13.72 billion, a price-to-earnings ratio of 51.30, a PEG ratio of 3.45 and a beta of 1.01. The business’s 50 day moving average is $74.22 and its 200 day moving average is $77.27.

Docusign (NASDAQ:DOCU) last issued its quarterly earnings results on Thursday, September 4th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.08. Docusign had a net margin of 9.08% and a return on equity of 14.01%. The business had revenue of $800.64 million for the quarter, compared to analyst estimates of $780.35 million. During the same quarter in the prior year, the business posted $0.97 EPS. Docusign’s revenue for the quarter was up 8.8% compared to the same quarter last year. Docusign has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Sell-side analysts predict that Docusign Inc. will post 1.17 EPS for the current year.

Insider Buying and Selling

In other Docusign news, Director Peter Solvik sold 15,000 shares of Docusign stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $81.48, for a total transaction of $1,222,200.00. Following the completion of the sale, the director owned 135,253 shares of the company’s stock, valued at approximately $11,020,414.44. The trade was a 9.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Blake Jeffrey Grayson sold 9,509 shares of the business’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $83.10, for a total value of $790,197.90. Following the sale, the chief financial officer owned 112,160 shares in the company, valued at approximately $9,320,496. The trade was a 7.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 102,533 shares of company stock worth $7,709,933 over the last three months. Corporate insiders own 1.01% of the company’s stock.

Hedge Funds Weigh In On Docusign

Hedge funds and other institutional investors have recently bought and sold shares of the business. Banque Transatlantique SA acquired a new stake in Docusign during the 1st quarter valued at approximately $26,000. Hemington Wealth Management raised its holdings in shares of Docusign by 318.1% during the first quarter. Hemington Wealth Management now owns 347 shares of the company’s stock worth $28,000 after purchasing an additional 264 shares during the last quarter. Summit Securities Group LLC acquired a new position in Docusign during the first quarter valued at $34,000. Rise Advisors LLC boosted its holdings in Docusign by 864.6% in the first quarter. Rise Advisors LLC now owns 463 shares of the company’s stock valued at $38,000 after purchasing an additional 415 shares during the last quarter. Finally, WPG Advisers LLC acquired a new stake in Docusign during the 1st quarter worth about $39,000. Institutional investors and hedge funds own 77.64% of the company’s stock.

Docusign Company Profile

DocuSign, Inc provides electronic signature solution in the United States and internationally. The company provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce.