Wealthfront Advisers LLC Purchases Shares of 5,101 DigitalOcean Holdings, Inc. $DOCN

Wealthfront Advisers LLC purchased a new stake in shares of DigitalOcean Holdings, Inc. (NYSE:DOCN) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 5,101 shares of the company’s stock, valued at approximately $245,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bullseye Asset Management LLC boosted its stake in DigitalOcean by 267.8% during the 3rd quarter. Bullseye Asset Management LLC now owns 99,300 shares of the company’s stock valued at $3,392,000 after purchasing an additional 72,300 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in DigitalOcean by 39.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 300,299 shares of the company’s stock valued at $10,772,000 after purchasing an additional 84,816 shares in the last quarter. Penserra Capital Management LLC boosted its stake in DigitalOcean by 27.2% during the 3rd quarter. Penserra Capital Management LLC now owns 293,132 shares of the company’s stock valued at $10,013,000 after purchasing an additional 62,725 shares in the last quarter. Segall Bryant & Hamill LLC bought a new position in DigitalOcean during the 3rd quarter valued at $8,951,000. Finally, Van Berkom & Associates Inc. boosted its stake in DigitalOcean by 33.1% during the 3rd quarter. Van Berkom & Associates Inc. now owns 1,564,991 shares of the company’s stock valued at $53,460,000 after purchasing an additional 389,161 shares in the last quarter. 49.77% of the stock is owned by institutional investors.

DigitalOcean Stock Up 40.6%

DOCN opened at $153.03 on Wednesday. The stock has a fifty day moving average of $79.74 and a 200-day moving average of $60.64. The firm has a market capitalization of $15.97 billion, a P/E ratio of 60.48 and a beta of 1.42. DigitalOcean Holdings, Inc. has a 12-month low of $25.56 and a 12-month high of $153.47.

DigitalOcean (NYSE:DOCN) last released its earnings results on Tuesday, May 5th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.17. The company had revenue of $257.91 million during the quarter, compared to analyst estimates of $249.76 million. DigitalOcean had a negative return on equity of 127.00% and a net margin of 28.76%.The company’s revenue for the quarter was up 22.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.56 earnings per share. DigitalOcean has set its Q2 2026 guidance at 0.200-0.230 EPS and its FY 2026 guidance at 1.100-1.200 EPS. On average, analysts expect that DigitalOcean Holdings, Inc. will post 0.4 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DOCN has been the subject of several research reports. Citizens Jmp raised their price objective on DigitalOcean from $83.00 to $105.00 and gave the stock a “market outperform” rating in a research note on Thursday, March 26th. UBS Group raised their price objective on DigitalOcean from $62.00 to $97.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Cantor Fitzgerald raised their price objective on DigitalOcean from $68.00 to $83.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Oppenheimer raised their price objective on DigitalOcean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Finally, Citigroup reissued an “outperform” rating on shares of DigitalOcean in a research note on Tuesday. Nine equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $101.46.

Insiders Place Their Bets

In related news, CAO Cherie Barrett sold 22,000 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $54.77, for a total transaction of $1,204,940.00. Following the completion of the sale, the chief accounting officer directly owned 62,469 shares in the company, valued at approximately $3,421,427.13. This trade represents a 26.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Matt Steinfort sold 20,000 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $55.40, for a total value of $1,108,000.00. Following the sale, the chief financial officer owned 545,916 shares of the company’s stock, valued at approximately $30,243,746.40. This represents a 3.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.96% of the stock is owned by corporate insiders.

Key DigitalOcean News

Here are the key news stories impacting DigitalOcean this week:

• Positive Sentiment: Q1 beat on both EPS and revenue (EPS $0.44 vs. $0.27 est.; revenue $257.9M vs. $249.8M) and management raised FY26 and Q2 guidance, giving investors confidence in near-term growth. DigitalOcean Stock Soars 18% After Q1 Double Beat, Raises FY26 Guidance
• Positive Sentiment: Management emphasized AI-driven demand on the earnings call and highlighted new AI/inference products (Inference Engine) and capacity expansion — framing DigitalOcean as a go-to for AI-native customers. DigitalOcean (DOCN) Earnings Call Signals AI-Fueled Surge
• Positive Sentiment: Market reaction and analyst commentary point to accelerating revenue growth and improving margins after the quarter, supporting a re-rating in an AI-focused market backdrop. DigitalOcean surges as it ups guidance after strong Q1 results
• Positive Sentiment: The stock hit an all-time high as investors priced in the combination of beats, raised guidance and AI product traction. DigitalOcean (DOCN) Hits All-Time High on Stellar Revenues, Upbeat Q2
• Neutral Sentiment: Full earnings call transcript and slide deck are available for deeper due diligence (useful for verifying commentary on customer adoption, unit economics and capacity plans). DigitalOcean Holdings, Inc. (DOCN) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Insider selling and shifts in institutional holdings were flagged in pre-earnings positioning reports — worth monitoring for potential short-term supply pressure. DigitalOcean shares rise as investors position ahead of Q1 earnings and recent AI product announcements
• Negative Sentiment: Valuation is rich vs. longer-term comps (P/E ~60) and several analyst price targets remain below current levels (median ~$105), leaving upside tied to sustained execution and AI monetization. DigitalOcean shares rise as investors position ahead of Q1 earnings and recent AI product announcements

DigitalOcean Profile

DigitalOcean Holdings, Inc is a cloud infrastructure provider that focuses on simplicity, performance and developer experience. The company offers a range of cloud services designed to help software developers, startups and small- to medium-sized businesses deploy, manage and scale applications. Its flagship offering, Droplets, provides virtual private servers that can be configured with various CPU, memory and storage options. In addition to compute instances, DigitalOcean’s platform includes managed Kubernetes, scalable object and block storage, managed databases, load balancers and networking capabilities such as Virtual Private Cloud (VPC) and Floating IPs.

Founded in 2011 and headquartered in New York City, DigitalOcean was created with the goal of making cloud computing more accessible to individual developers and smaller teams.