Hsbc Holdings PLC Sells 32,762 Shares of Docusign Inc. $DOCU

Hsbc Holdings PLC cut its holdings in shares of Docusign Inc. (NASDAQ:DOCU) by 22.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,076 shares of the company’s stock after selling 32,762 shares during the period. Hsbc Holdings PLC owned approximately 0.06% of Docusign worth $5,156,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Docusign in the 2nd quarter worth about $927,059,000. Norges Bank purchased a new stake in shares of Docusign during the 4th quarter valued at about $186,795,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Docusign by 76.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 5,285,128 shares of the company’s stock worth $250,568,000 after acquiring an additional 2,283,996 shares during the period. Capital World Investors grew its stake in shares of Docusign by 38.1% in the fourth quarter. Capital World Investors now owns 5,815,804 shares of the company’s stock worth $397,801,000 after acquiring an additional 1,603,900 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Docusign during the second quarter valued at approximately $56,219,000. 77.64% of the stock is currently owned by institutional investors.

Insider Activity at Docusign

In other Docusign news, CEO Allan Thygesen sold 26,250 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $46.02, for a total transaction of $1,208,025.00. Following the completion of the sale, the chief executive officer owned 159,038 shares of the company’s stock, valued at approximately $7,318,928.76. The trade was a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Paula Hansen sold 6,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $45.54, for a total value of $273,240.00. Following the completion of the sale, the executive owned 89,972 shares of the company’s stock, valued at approximately $4,097,324.88. The trade was a 6.25% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 135,602 shares of company stock valued at $7,407,299 in the last ninety days. Corporate insiders own 0.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Citizens Jmp restated a “market outperform” rating and set a $86.00 price objective on shares of Docusign in a research report on Friday, September 4th. Weiss Ratings raised shares of Docusign from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, August 25th. Bank of America boosted their target price on shares of Docusign from $58.00 to $64.00 and gave the company an “underperform” rating in a research note on Friday, September 4th. Jefferies Financial Group increased their price target on Docusign from $45.00 to $50.00 and gave the company a “hold” rating in a report on Friday, June 5th. Finally, Wells Fargo & Company raised their price target on Docusign from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Friday, September 4th. Three investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Docusign currently has an average rating of “Hold” and a consensus target price of $67.33.

Docusign News Roundup

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

Docusign Trading Down 1.0%

DOCU opened at $64.45 on Thursday. Docusign Inc. has a 1-year low of $40.16 and a 1-year high of $86.65. The company has a market capitalization of $12.05 billion, a PE ratio of 39.30, a PEG ratio of 2.51 and a beta of 0.90. The firm’s 50 day simple moving average is $56.95 and its two-hundred day simple moving average is $50.35.

Docusign (NASDAQ:DOCU) last issued its quarterly earnings data on Thursday, September 3rd. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.07. The firm had revenue of $875.75 million during the quarter, compared to the consensus estimate of $867.22 million. Docusign had a net margin of 9.82% and a return on equity of 18.29%. The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 EPS. Equities analysts forecast that Docusign Inc. will post 2.05 earnings per share for the current fiscal year.

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.