Robert Chatwani Sells 15,902 Shares of Docusign (NASDAQ:DOCU) Stock

Docusign Inc. (NASDAQ:DOCU) insider Robert Chatwani sold 15,902 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $43.01, for a total value of $683,945.02. Following the completion of the transaction, the insider directly owned 72,805 shares of the company’s stock, valued at $3,131,343.05. The trade was a 17.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Docusign Stock Down 0.1%

Docusign stock opened at $42.67 on Wednesday. The firm has a market capitalization of $8.15 billion, a PE ratio of 27.71, a P/E/G ratio of 1.29 and a beta of 0.92. Docusign Inc. has a 52 week low of $40.16 and a 52 week high of $86.65. The firm’s 50-day simple moving average is $47.11 and its 200 day simple moving average is $52.12.

Docusign (NASDAQ:DOCU) last announced its earnings results on Thursday, June 4th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.10. The firm had revenue of $830.24 million for the quarter, compared to analysts’ expectations of $824.71 million. Docusign had a return on equity of 17.48% and a net margin of 9.59%.Docusign’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.90 EPS. On average, research analysts expect that Docusign Inc. will post 1.97 EPS for the current fiscal year.

Docusign announced that its board has approved a share repurchase plan on Tuesday, March 17th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 21% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on DOCU shares. Needham & Company LLC restated a “hold” rating on shares of Docusign in a report on Friday, June 5th. Piper Sandler cut their price objective on shares of Docusign from $75.00 to $52.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. Citigroup raised their target price on shares of Docusign from $50.00 to $54.00 and gave the stock a “neutral” rating in a research report on Friday, June 5th. JPMorgan Chase & Co. lowered their target price on shares of Docusign from $78.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. Finally, BTIG Research cut their price target on Docusign from $70.00 to $60.00 and set a “buy” rating for the company in a report on Friday, June 5th. Three equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $60.27.

Key Stories Impacting Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: DocuSign is getting a boost from strong eSignature demand, subscription revenue growth, and international expansion, which supports the company’s long-term growth story. Subscription Revenues & Partnerships Aid Docusign Amid Low Liquidity
• Positive Sentiment: The company announced an integration with OpenAI aimed at streamlining agreement management, a potentially helpful product and AI-related catalyst. DocuSign integrates with OpenAI to streamline agreement management
• Positive Sentiment: DocuSign was also named to TIME’s list of the World’s Most Sustainable Companies 2026, which may support its brand with ESG-focused investors. Docusign named to TIME’s List of the World’s Most Sustainable Companies 2026
• Neutral Sentiment: A stock-bullish article highlighted DocuSign as one of Wall Street’s favorite names, but it appears to be opinion-based rather than new company-specific news. 1 of Wall Street’s Favorite Stocks Worth Your Attention and 2 We Brush Off
• Negative Sentiment: Insider Robert Chatwani sold 15,902 shares in a transaction worth about $684,000, which can weigh on sentiment even though it was made under a pre-arranged trading plan. Docusign (NASDAQ:DOCU) Insider Sells $683,945.02 in Stock
• Negative Sentiment: Another report noted pricing pressure and weak liquidity, suggesting some investors remain cautious despite the growth narrative. Subscription Revenues & Partnerships Aid Docusign Amid Low Liquidity

Hedge Funds Weigh In On Docusign

Institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its holdings in shares of Docusign by 15.1% in the third quarter. EverSource Wealth Advisors LLC now owns 1,229 shares of the company’s stock valued at $89,000 after purchasing an additional 161 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Docusign by 8.2% during the second quarter. Smartleaf Asset Management LLC now owns 2,169 shares of the company’s stock valued at $166,000 after buying an additional 165 shares in the last quarter. Centaurus Financial Inc. grew its holdings in shares of Docusign by 3.4% during the third quarter. Centaurus Financial Inc. now owns 5,582 shares of the company’s stock valued at $402,000 after buying an additional 184 shares in the last quarter. Clearstead Advisors LLC raised its position in Docusign by 12.1% during the third quarter. Clearstead Advisors LLC now owns 1,872 shares of the company’s stock valued at $135,000 after buying an additional 202 shares during the period. Finally, Tred Avon Family Wealth LLC raised its position in Docusign by 3.6% during the first quarter. Tred Avon Family Wealth LLC now owns 6,176 shares of the company’s stock valued at $293,000 after buying an additional 215 shares during the period. Institutional investors and hedge funds own 77.64% of the company’s stock.

Docusign Company 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.