WINTON GROUP Ltd Takes Position in Doximity, Inc. (NASDAQ:DOCS)

WINTON GROUP Ltd acquired a new position in shares of Doximity, Inc. (NASDAQ:DOCS) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,959 shares of the company’s stock, valued at approximately $585,000.

A number of other institutional investors also recently added to or reduced their stakes in DOCS. Global Retirement Partners LLC lifted its position in shares of Doximity by 468.1% during the fourth quarter. Global Retirement Partners LLC now owns 534 shares of the company’s stock valued at $29,000 after buying an additional 440 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Doximity by 69.1% during the 4th quarter. UMB Bank n.a. now owns 575 shares of the company’s stock worth $31,000 after acquiring an additional 235 shares in the last quarter. Larson Financial Group LLC lifted its position in Doximity by 49.4% during the fourth quarter. Larson Financial Group LLC now owns 756 shares of the company’s stock valued at $40,000 after acquiring an additional 250 shares during the last quarter. Optimum Investment Advisors acquired a new stake in Doximity in the fourth quarter valued at approximately $43,000. Finally, Morse Asset Management Inc purchased a new position in Doximity in the third quarter worth $46,000. Institutional investors own 87.19% of the company’s stock.

Insider Activity at Doximity

In other Doximity news, Director Timothy S. Cabral sold 20,000 shares of Doximity stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $57.62, for a total value of $1,152,400.00. Following the completion of the transaction, the director now owns 6,360 shares of the company’s stock, valued at approximately $366,463.20. The trade was a 75.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 37.40% of the company’s stock.

Doximity Trading Down 3.6 %

Shares of NASDAQ:DOCS opened at $58.40 on Friday. The company has a market capitalization of $10.90 billion, a PE ratio of 58.40, a PEG ratio of 4.10 and a beta of 1.34. Doximity, Inc. has a 12-month low of $22.96 and a 12-month high of $85.21. The business has a 50 day moving average of $65.48 and a two-hundred day moving average of $54.43.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DOCS. Wells Fargo & Company reissued an “equal weight” rating on shares of Doximity in a research report on Friday, February 7th. Needham & Company LLC raised their price target on Doximity from $65.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, February 7th. Leerink Partners upgraded shares of Doximity from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $60.00 to $90.00 in a report on Friday, February 7th. Mizuho lifted their target price on shares of Doximity from $55.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, February 10th. Finally, The Goldman Sachs Group upped their price target on shares of Doximity from $58.00 to $80.00 and gave the company a “neutral” rating in a research note on Monday, February 10th. Eleven analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $64.22.

About Doximity

Doximity, Inc operates a cloud-based digital platform for medical professionals in the United States. The company's platform provides its members with tools built for medical professionals, enabling them to collaborate with their colleagues, coordinate patient care, conduct virtual patient visits, stay up to date with the latest medical news and research, and manage their careers.