5,600 Shares in DigitalOcean Holdings, Inc. $DOCN Bought by Versor Investments LP

Versor Investments LP purchased a new position in shares of DigitalOcean Holdings, Inc. (NYSE:DOCN) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,600 shares of the company’s stock, valued at approximately $269,000.

Several other institutional investors have also bought and sold shares of DOCN. NBC Securities Inc. bought a new position in DigitalOcean in the 4th quarter valued at $32,000. Allworth Financial LP raised its stake in shares of DigitalOcean by 54.4% during the 3rd quarter. Allworth Financial LP now owns 724 shares of the company’s stock worth $25,000 after purchasing an additional 255 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of DigitalOcean in the 3rd quarter worth about $37,000. GAMMA Investing LLC boosted its holdings in shares of DigitalOcean by 33.8% in the 4th quarter. GAMMA Investing LLC now owns 1,581 shares of the company’s stock worth $76,000 after buying an additional 399 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in DigitalOcean during the third quarter valued at about $54,000. Institutional investors own 49.77% of the company’s stock.

Insider Buying and Selling at DigitalOcean

In related news, CAO Cherie Barrett sold 22,000 shares of the business’s 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 sale, the chief accounting officer directly owned 62,469 shares in the company, valued at approximately $3,421,427.13. The trade was a 26.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Matt Steinfort sold 20,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were 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 in the company, valued at approximately $30,243,746.40. The trade was a 3.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.96% of the company’s stock.

DigitalOcean Price Performance

Shares of NYSE:DOCN opened at $154.98 on Friday. The firm has a market capitalization of $16.17 billion, a PE ratio of 67.67 and a beta of 1.42. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.92. The company has a 50-day moving average price of $95.94 and a two-hundred day moving average price of $67.09. DigitalOcean Holdings, Inc. has a twelve month low of $25.56 and a twelve month high of $164.77.

DigitalOcean (NYSE:DOCN) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.17. DigitalOcean had a net margin of 24.97% and a return on equity of 88.86%. The company had revenue of $257.91 million for the quarter, compared to analysts’ expectations of $249.76 million. During the same period in the prior year, the company posted $0.56 EPS. DigitalOcean’s revenue was up 22.4% compared to the same quarter last year. DigitalOcean has set its Q2 2026 guidance at 0.200-0.230 EPS and its FY 2026 guidance at 1.100-1.200 EPS. Equities analysts forecast that DigitalOcean Holdings, Inc. will post 0.55 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Canaccord Genuity Group lifted their price objective on shares of DigitalOcean from $120.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Citigroup raised their price target on shares of DigitalOcean from $115.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Oppenheimer set a $190.00 price target on shares of DigitalOcean in a report on Wednesday, May 6th. Morgan Stanley upped their price objective on DigitalOcean from $75.00 to $175.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada set a $60.00 price objective on DigitalOcean in a report on Tuesday, February 24th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, DigitalOcean currently has a consensus rating of “Moderate Buy” and an average target price of $142.23.

About DigitalOcean

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.