Blake Jeffrey Grayson Sells 15,000 Shares of Docusign (NASDAQ:DOCU) Stock

Docusign Inc. (NASDAQ:DOCU) CFO Blake Grayson sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $65.57, for a total value of $983,550.00. Following the completion of the transaction, the chief financial officer directly owned 81,429 shares in the company, valued at approximately $5,339,299.53. This trade represents a 15.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, September 4th, Blake Grayson sold 30,000 shares of Docusign stock. The stock was sold at an average price of $70.00, for a total transaction of $2,100,000.00.
• 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 transaction of $900,000.00.
• On Wednesday, July 1st, Blake Grayson sold 15,000 shares of Docusign stock. The shares were sold at an average price of $45.55, for a total transaction of $683,250.00.

Docusign Stock Down 1.0%

Shares of NASDAQ DOCU opened at $64.45 on Thursday. The firm has a market cap 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 12-month low of $40.16 and a 12-month high of $86.65. The company’s fifty day simple moving average is $56.95 and its 200 day simple moving average is $50.35.

Docusign (NASDAQ:DOCU) last posted its quarterly earnings results on Thursday, September 3rd. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $867.22 million. During the same period in the previous year, the firm posted $0.30 earnings per share. The business’s revenue was up 9.4% compared to the same quarter last year. On average, equities analysts predict that Docusign Inc. will post 2.05 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DOCU. Modus Advisors LLC bought a new stake in Docusign during the fourth quarter worth $27,000. Cary Street Partners Investment Advisory LLC lifted its stake in Docusign by 309.5% during the 4th 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 bought a new position in Docusign during the 4th quarter valued at $39,000. Harbour Investments Inc. boosted its holdings in Docusign by 56.6% during the 4th quarter. Harbour Investments Inc. now owns 797 shares of the company’s stock worth $55,000 after acquiring an additional 288 shares during the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in Docusign by 116.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 854 shares of the company’s stock worth $58,000 after acquiring an additional 460 shares during the last quarter. Institutional investors own 77.64% of the company’s stock.

Docusign News Summary

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

Analyst Ratings Changes

DOCU has been the topic of a number of research reports. Citigroup upped their price target on Docusign from $54.00 to $72.00 and gave the stock a “neutral” rating in a research note on Friday, September 4th. UBS Group boosted their price objective on Docusign from $54.00 to $70.00 and gave the company a “neutral” rating in a report on Friday, September 4th. Wedbush lowered their target price on Docusign from $60.00 to $58.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Wall Street Zen cut Docusign from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 2nd. Finally, Jefferies Financial Group lifted their price target on shares of Docusign from $45.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, June 5th. Three 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’s stock. Based on data from MarketBeat, Docusign currently has a consensus rating of “Hold” and an average price target of $67.33.

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.