Hsbc Holdings PLC Sells 32,762 Shares of Docusign Inc. $DOCU

Hsbc Holdings PLC decreased its position in shares of Docusign Inc. (NASDAQ:DOCU) by 22.0% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,076 shares of the company’s stock after selling 32,762 shares during the quarter. Hsbc Holdings PLC’s holdings in Docusign were worth $5,156,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of DOCU. Modus Advisors LLC purchased a new stake in Docusign in the 4th quarter worth $27,000. Cary Street Partners Investment Advisory LLC lifted 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 acquiring an additional 424 shares in the last quarter. Basepoint Wealth LLC purchased a new position in shares of Docusign in the fourth quarter valued at about $39,000. WealthCollab LLC boosted its stake in shares of Docusign by 372.4% in 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 period. Finally, Virtus Advisers LLC bought a new position in shares of Docusign in the second quarter worth about $47,000. Institutional investors own 77.64% of the company’s stock.

Docusign News Roundup

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. BTIG Research lifted their target price on Docusign from $60.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, September 2nd. Evercore set a $65.00 price target on Docusign in a research note on Friday, September 4th. Piper Sandler increased their price objective on shares of Docusign from $52.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, September 4th. Wedbush reduced their price objective on shares of Docusign from $60.00 to $58.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Finally, Citizens Jmp restated a “market outperform” rating and set a $86.00 target price on shares of Docusign in a research report on Friday, September 4th. Three analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Docusign has a consensus rating of “Hold” and a consensus target price of $67.33.

Docusign Stock Performance

DOCU stock opened at $64.45 on Thursday. Docusign Inc. has a fifty-two week low of $40.16 and a fifty-two week high of $86.65. The firm has a market cap of $12.05 billion, a PE ratio of 39.30, a price-to-earnings-growth ratio of 2.51 and a beta of 0.90. The firm has a fifty day moving average price of $56.95 and a 200 day moving average price of $50.35.

Docusign (NASDAQ:DOCU) last posted its earnings results on Thursday, September 3rd. The company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. The firm had revenue of $875.75 million for 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% on a year-over-year basis. During the same period in the previous year, the firm posted $0.30 EPS. On average, equities analysts predict that Docusign Inc. will post 2.05 EPS for the current year.

Insider Buying and Selling

In other Docusign news, CFO Blake Grayson sold 30,000 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $70.00, for a total transaction of $2,100,000.00. Following the sale, the chief financial officer directly owned 96,429 shares in the company, valued at $6,750,030. This represents a 23.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider James Shaughnessy sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $45.54, for a total value of $546,480.00. Following the completion of the sale, the insider directly owned 52,815 shares of the company’s stock, valued at $2,405,195.10. The trade was a 18.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 135,602 shares of company stock valued at $7,407,299 in the last quarter. 0.59% of the stock is currently owned by insiders.

Docusign Profile

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.