Insider Selling: Docusign (NASDAQ:DOCU) CFO Sells $462,800.00 in Stock

Docusign Inc. (NASDAQ:DOCU) CFO Blake Jeffrey Grayson sold 6,500 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $71.20, for a total transaction of $462,800.00. Following the sale, the chief financial officer directly owned 105,660 shares of the company’s stock, valued at approximately $7,522,992. This trade represents a 5.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Blake Jeffrey Grayson also recently made the following trade(s):

• On Wednesday, September 17th, Blake Jeffrey Grayson sold 9,509 shares of Docusign stock. The shares were sold at an average price of $83.10, for a total transaction of $790,197.90.

Docusign Stock Up 2.4%

DOCU opened at $69.73 on Friday. Docusign Inc. has a 52-week low of $62.66 and a 52-week high of $107.86. The company has a 50 day moving average of $76.17 and a two-hundred day moving average of $79.04. The company has a market cap of $14.02 billion, a P/E ratio of 52.43, a P/E/G ratio of 3.47 and a beta of 1.02.

Docusign (NASDAQ:DOCU) last posted its earnings results on Thursday, September 4th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate 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 previous year, the business posted $0.97 EPS. The business’s quarterly revenue was up 8.8% on a year-over-year basis. Docusign has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts anticipate that Docusign Inc. will post 1.17 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on DOCU. Wedbush dropped their target price on Docusign from $100.00 to $85.00 and set a “neutral” rating on the stock in a report on Thursday, June 12th. Argus reissued a “hold” rating on shares of Docusign in a report on Monday, September 8th. JPMorgan Chase & Co. upped their price target on shares of Docusign from $77.00 to $80.00 and gave the company a “neutral” rating in a report on Friday, September 5th. Wells Fargo & Company raised their price objective on shares of Docusign from $80.00 to $85.00 and gave the stock an “equal weight” rating in a report on Friday, September 5th. Finally, Evercore ISI boosted their target price on shares of Docusign from $90.00 to $92.00 and gave the stock an “in-line” rating in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, Docusign presently has an average rating of “Hold” and a consensus target price of $94.14.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Aaron Wealth Advisors LLC increased its holdings in shares of Docusign by 174.2% during the third quarter. Aaron Wealth Advisors LLC now owns 14,099 shares of the company’s stock valued at $1,016,000 after purchasing an additional 8,957 shares during the period. Corient Private Wealth LLC grew its position in Docusign by 23.6% in the 2nd quarter. Corient Private Wealth LLC now owns 27,937 shares of the company’s stock valued at $2,176,000 after buying an additional 5,333 shares in the last quarter. WT Wealth Management acquired a new position in Docusign during the 2nd quarter valued at about $1,615,000. Centaurus Financial Inc. increased its stake in Docusign by 2.6% during the 2nd quarter. Centaurus Financial Inc. now owns 5,398 shares of the company’s stock valued at $420,000 after buying an additional 136 shares during the period. Finally, Orion Porfolio Solutions LLC raised its position in shares of Docusign by 50.8% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 23,832 shares of the company’s stock worth $1,856,000 after buying an additional 8,031 shares in the last quarter. Institutional investors own 77.64% of the company’s stock.

About Docusign

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.