Universal Beteiligungs und Servicegesellschaft mbH Sells 7,600 Shares of DigitalOcean Holdings, Inc. $DOCN

Universal Beteiligungs und Servicegesellschaft mbH reduced its holdings in shares of DigitalOcean Holdings, Inc. (NYSE:DOCN) by 15.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,324 shares of the company’s stock after selling 7,600 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in DigitalOcean were worth $1,180,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Integrated Quantitative Investments LLC acquired a new position in DigitalOcean during the 2nd quarter valued at about $604,000. Police & Firemen s Retirement System of New Jersey lifted its holdings in shares of DigitalOcean by 9.3% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 15,272 shares of the company’s stock valued at $436,000 after purchasing an additional 1,299 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of DigitalOcean by 6.5% in the second quarter. PNC Financial Services Group Inc. now owns 10,242 shares of the company’s stock valued at $293,000 after purchasing an additional 628 shares in the last quarter. SBI Securities Co. Ltd. boosted its position in shares of DigitalOcean by 188.1% during the second quarter. SBI Securities Co. Ltd. now owns 5,001 shares of the company’s stock valued at $143,000 after buying an additional 3,265 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new stake in DigitalOcean during the second quarter worth $1,116,000. Institutional investors and hedge funds own 49.77% of the company’s stock.

DigitalOcean Stock Performance

DOCN opened at $45.20 on Thursday. DigitalOcean Holdings, Inc. has a fifty-two week low of $25.45 and a fifty-two week high of $52.20. The firm has a 50-day moving average of $41.04 and a 200 day moving average of $33.96. The firm has a market cap of $4.14 billion, a P/E ratio of 18.23, a PEG ratio of 5.64 and a beta of 1.78.

DigitalOcean (NYSE:DOCN) last released its earnings results on Wednesday, November 5th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.23. DigitalOcean had a net margin of 29.15% and a negative return on equity of 92.51%. The firm had revenue of $229.63 million for the quarter, compared to analysts’ expectations of $226.55 million. During the same period in the previous year, the company earned $0.52 earnings per share. The company’s quarterly revenue was up 15.9% on a year-over-year basis. DigitalOcean has set its Q4 2025 guidance at 0.350-0.400 EPS. FY 2025 guidance at 2.000-2.050 EPS. Equities research analysts predict that DigitalOcean Holdings, Inc. will post 1.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on DOCN shares. Weiss Ratings restated a “hold (c)” rating on shares of DigitalOcean in a research note on Wednesday, October 8th. Wall Street Zen downgraded shares of DigitalOcean from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Stifel Nicolaus set a $36.00 price target on shares of DigitalOcean in a report on Tuesday, August 5th. UBS Group increased their price objective on shares of DigitalOcean from $40.00 to $48.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Finally, Canaccord Genuity Group lifted their target price on shares of DigitalOcean from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $48.75.

Insiders Place Their Bets

In other DigitalOcean news, insider Bratin Saha sold 13,010 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $31.87, for a total value of $414,628.70. Following the completion of the sale, the insider directly owned 269,465 shares of the company’s stock, valued at $8,587,849.55. This trade represents a 4.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.96% of the company’s stock.

DigitalOcean Profile

DigitalOcean Holdings, Inc, through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company’s platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and growing digital businesses. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute and storage services, as well as networking projects, including Cloud Firewalls software, Managed Load Balancers software, and Virtual Private Cloud (VPC).