Peter Solvik Sells 46,000 Shares of Docusign (NASDAQ:DOCU) Stock

Docusign Inc. (NASDAQ:DOCU) Director Peter Solvik sold 46,000 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $65.24, for a total value of $3,001,040.00. Following the completion of the sale, the director owned 49,558 shares in the company, valued at $3,233,163.92. The trade was a 48.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Docusign Stock Performance

DOCU stock opened at $65.65 on Friday. Docusign Inc. has a one year low of $40.16 and a one year high of $86.65. The firm’s fifty day moving average is $57.75 and its 200 day moving average is $50.61. The firm has a market cap of $12.27 billion, a PE ratio of 40.03, a P/E/G ratio of 2.47 and a beta of 0.90.

Docusign (NASDAQ:DOCU) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.07. The business had revenue of $875.75 million during the quarter, compared to analysts’ expectations of $867.22 million. Docusign had a return on equity of 18.29% and a net margin of 9.82%.The business’s revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 earnings per share. Research analysts predict that Docusign Inc. will post 2.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on DOCU. Evercore set a $65.00 price objective on Docusign in a research note on Friday, September 4th. BTIG Research raised their target price on Docusign from $60.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. UBS Group lifted their price target on Docusign from $54.00 to $70.00 and gave the stock a “neutral” rating in a research note on Friday, September 4th. Royal Bank Of Canada boosted their price target on Docusign from $55.00 to $70.00 and gave the stock a “sector perform” rating in a research report on Friday, September 4th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Docusign in a research note on Friday, September 4th. Three equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $67.33.

Institutional Trading of Docusign

A number of hedge funds and other institutional investors have recently made changes to their positions in DOCU. NewEdge Advisors LLC lifted its position in shares of Docusign by 36.4% during the first quarter. NewEdge Advisors LLC now owns 9,202 shares of the company’s stock worth $749,000 after purchasing an additional 2,457 shares in the last quarter. Guggenheim Capital LLC grew its holdings in shares of Docusign by 6.7% in the second quarter. Guggenheim Capital LLC now owns 11,543 shares of the company’s stock valued at $899,000 after purchasing an additional 729 shares in the last quarter. State Street Corp increased its stake in Docusign by 3.0% during the 2nd quarter. State Street Corp now owns 8,074,976 shares of the company’s stock worth $628,960,000 after buying an additional 236,494 shares during the period. Sei Investments Co. increased its stake in Docusign by 60.7% during the 2nd quarter. Sei Investments Co. now owns 40,386 shares of the company’s stock worth $3,146,000 after buying an additional 15,247 shares during the period. Finally, Treasurer of the State of North Carolina lifted its holdings in Docusign by 51.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 189,178 shares of the company’s stock worth $14,735,000 after buying an additional 63,911 shares in the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

Trending Headlines about Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Docusign reported quarterly earnings and revenue above analyst estimates, while revenue grew 9.4% year over year. Management also highlighted margin gains, stronger cash flow and continued IAM adoption. Docusign Declines After Beating Q2 Earnings and Revenue Estimates
• Positive Sentiment: The IAM platform now represents 15.1% of annual recurring revenue, suggesting Docusign is using AI to expand beyond traditional electronic signatures and potentially increase customer value. Docusign Q2 2027 Earnings Call Transcript
• Positive Sentiment: Docusign and Stephen Curry’s UNDERRATED Golf announced a “Where Deals Get Done” partnership. The marketing agreement may support brand visibility, although its direct financial impact was not disclosed. Stephen Curry’s UNDERRATED Golf and Docusign Partnership
• Neutral Sentiment: Reported short interest was zero shares, indicating little evidence of an active short-selling position or near-term short-squeeze potential.
• Negative Sentiment: DOCU declined despite the earnings and revenue beat, suggesting investors may have already priced in the strong results or remain cautious about the pace of IAM adoption and future growth. Docusign Declines After Earnings Beat
• Negative Sentiment: Director Peter Solvik sold 46,000 shares worth approximately $3.0 million, reducing his holdings by 48.14%. Director Teresa Briggs also sold shares, though her transaction was executed under a pre-arranged Rule 10b5-1 plan. These sales can weigh on sentiment, even though they do not necessarily signal deteriorating fundamentals.

About Docusign

DocuSign, Inc is a provider of digital agreement management and electronic signature solutions. Its platform enables individuals and organizations to prepare, send, sign, manage and store agreements electronically, helping businesses replace paper-based contracting processes with digital workflows.

The company’s products and services include DocuSign eSignature, which supports electronic signing and authentication, as well as tools for contract lifecycle management, agreement preparation, identity verification, notarial services and workflow automation.