Docusign (NASDAQ:DOCU) Insider Robert Chatwani Sells 16,696 Shares

Docusign Inc. (NASDAQ:DOCU) insider Robert Chatwani sold 16,696 shares of Docusign stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $48.10, for a total value of $803,077.60. Following the completion of the transaction, the insider directly owned 72,458 shares of the company’s stock, valued at $3,485,229.80. This represents a 18.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Docusign Stock Down 2.4%

NASDAQ:DOCU traded down $1.15 during mid-day trading on Thursday, reaching $47.75. 4,937,997 shares of the company were exchanged, compared to its average volume of 4,959,251. Docusign Inc. has a 12 month low of $40.16 and a 12 month high of $94.67. The company has a fifty day moving average of $50.69 and a 200 day moving average of $64.35. The stock has a market cap of $9.56 billion, a PE ratio of 32.26, a PEG ratio of 2.07 and a beta of 1.03.

Docusign (NASDAQ:DOCU) last announced its earnings results on Tuesday, March 17th. The company reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.06. Docusign had a net margin of 9.60% and a return on equity of 16.70%. The company had revenue of $836.86 million during the quarter, compared to the consensus estimate of $828.23 million. During the same period in the previous year, the firm posted $0.86 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. On average, equities research analysts anticipate that Docusign Inc. will post 1.17 EPS for the current fiscal year.

Docusign declared that its Board of Directors has approved a share buyback plan on Tuesday, March 17th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 21% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

DOCU has been the topic of several recent research reports. BTIG Research reiterated a “buy” rating and issued a $70.00 price target on shares of Docusign in a report on Wednesday. Wells Fargo & Company dropped their price objective on Docusign from $75.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday. Jefferies Financial Group lowered shares of Docusign from a “buy” rating to a “hold” rating and reduced their target price for the company from $105.00 to $45.00 in a research note on Monday, February 23rd. Wedbush lowered their price target on shares of Docusign from $85.00 to $75.00 and set a “neutral” rating for the company in a research report on Friday, December 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Docusign in a research note on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $66.67.

Key Headlines Impacting Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Board authorizes a large share repurchase — DocuSign announced a $2.0 billion increase to its buyback program (authorizes ~21% of shares). That is a clear capital‑allocation signal that management views the stock as undervalued and supports EPS/valuation. Press Release
• Positive Sentiment: Q4 beat and constructive outlook — DOCU reported $1.01 non‑GAAP EPS on $836.9M revenue (both above consensus) and provided upbeat fiscal‑2027 commentary; management highlighted IAM/AI traction that is beginning to drive ARR and retention. Earnings / Transcript
• Neutral Sentiment: Short‑interest report appears non‑informative — a published short‑interest line shows zero shares (and a 0.0 days to cover), which is likely a data or reporting oddity rather than new bearish positioning; it shouldn’t be over‑interpreted without clearer filings.
• Negative Sentiment: Analysts slashed price targets and turned cautious — multiple firms trimmed targets and some moved to neutral/sector‑perform after the print, citing slower revenue growth expectations and execution risk; that consensus pullback in targets likely amplified selling pressure. Analyst Coverage Summary
• Negative Sentiment: Specific broker actions and holds — notable shops (including RBC) moved to a hold/sector‑perform stance or lowered targets, reinforcing a cautious tone among institutional analysts. RBC Hold
• Negative Sentiment: Investor concern on sustainable growth — coverage pieces note that while AI/IAM products are promising, investors and some analysts want to see a sustained return to mid‑teens revenue growth before restoring more bullish valuations. Growth Concerns

Institutional Investors Weigh In On Docusign

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DOCU. Vanguard Group Inc. boosted its holdings in Docusign by 1.1% during the third quarter. Vanguard Group Inc. now owns 21,625,551 shares of the company’s stock worth $1,558,986,000 after buying an additional 225,525 shares during the last quarter. State Street Corp increased its stake in shares of Docusign by 0.9% in the 4th quarter. State Street Corp now owns 8,193,805 shares of the company’s stock valued at $560,456,000 after acquiring an additional 77,008 shares during the last quarter. Capital World Investors raised its position in shares of Docusign by 38.1% in the 4th quarter. Capital World Investors now owns 5,815,804 shares of the company’s stock valued at $397,801,000 after acquiring an additional 1,603,900 shares during the period. American Century Companies Inc. raised its position in shares of Docusign by 1.6% in the 2nd quarter. American Century Companies Inc. now owns 5,564,318 shares of the company’s stock valued at $433,405,000 after acquiring an additional 86,560 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Docusign by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 4,084,463 shares of the company’s stock worth $278,665,000 after acquiring an additional 18,873 shares during the last quarter. Institutional investors own 77.64% of the company’s stock.

About Docusign

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.