Teresa Briggs Sells 548 Shares of Docusign (NASDAQ:DOCU) Stock

Docusign Inc. (NASDAQ:DOCU) Director Teresa Briggs sold 548 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $64.60, for a total transaction of $35,400.80. Following the transaction, the director directly owned 10,811 shares in the company, valued at approximately $698,390.60. This represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Docusign Trading Down 0.2%

DOCU opened at $65.65 on Friday. Docusign Inc. has a 1-year low of $40.16 and a 1-year high of $86.65. The company has a market cap of $12.27 billion, a P/E ratio of 40.03, a price-to-earnings-growth ratio of 2.47 and a beta of 0.90. The company has a fifty day moving average price of $57.75 and a two-hundred day moving average price of $50.61.

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

Docusign News Roundup

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.

Wall Street Analysts Forecast Growth

DOCU has been the subject of several recent research reports. BTIG Research boosted their price objective on Docusign from $60.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, September 2nd. Robert W. Baird increased their target price on Docusign from $55.00 to $72.00 and gave the stock a “neutral” rating in a report on Friday, September 4th. Jefferies Financial Group lifted their price target on shares of Docusign from $45.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, June 5th. Weiss Ratings upgraded shares of Docusign from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 25th. Finally, Wedbush lowered their price objective on shares of Docusign from $60.00 to $58.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Three investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Docusign currently has a consensus rating of “Hold” and an average price target of $67.33.

Institutional Trading of Docusign

Several institutional investors and hedge funds have recently modified their holdings of the stock. Modus Advisors LLC purchased a new position in shares of Docusign during the fourth quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC raised its position in Docusign by 309.5% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 561 shares of the company’s stock valued at $38,000 after buying an additional 424 shares during the last quarter. Basepoint Wealth LLC purchased a new stake in Docusign in the 4th quarter valued at $39,000. Harbour Investments Inc. lifted its stake in Docusign by 56.6% during the 4th quarter. Harbour Investments Inc. now owns 797 shares of the company’s stock valued at $55,000 after acquiring an additional 288 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in Docusign by 116.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 854 shares of the company’s stock valued at $58,000 after acquiring an additional 460 shares in the last quarter. 77.64% of the stock is owned by hedge funds and other institutional investors.

Docusign Company Profile

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.