Public Employees Retirement System of Ohio Buys New Position in Docusign Inc. $DOCU

Public Employees Retirement System of Ohio purchased a new stake in Docusign Inc. (NASDAQ:DOCU) in the second quarter, HoldingsChannel.com reports. The firm purchased 66,379 shares of the company’s stock, valued at approximately $2,949,000.

A number of other large investors have also modified their holdings of DOCU. Proficio Capital Partners LLC acquired a new position in shares of Docusign during the second quarter valued at about $329,000. Corient Private Wealth LP acquired a new stake in Docusign in the 2nd quarter worth approximately $11,542,000. Palogic Value Management L.P. purchased a new stake in Docusign during the 2nd quarter worth approximately $1,000,000. Pingora Partners LLC purchased a new stake in Docusign during the 2nd quarter worth approximately $182,000. Finally, Bank of America Corp DE acquired a new position in Docusign during the 2nd quarter valued at approximately $46,178,000. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DOCU shares. UBS Group lifted their price objective on shares of Docusign from $54.00 to $70.00 and gave the stock a “neutral” rating in a research note on Friday. Citigroup upped their target price on Docusign from $54.00 to $72.00 and gave the company a “neutral” rating in a research report on Friday. Royal Bank Of Canada lifted 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. Weiss Ratings upgraded Docusign from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 25th. Finally, Wedbush cut their price objective on Docusign from $60.00 to $58.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Three analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Docusign presently has a consensus rating of “Hold” and an average price target of $67.33.

Docusign Price Performance

NASDAQ DOCU opened at $68.41 on Friday. The company has a market capitalization of $13.06 billion, a PE ratio of 41.71, a P/E/G ratio of 2.34 and a beta of 0.90. The company has a fifty day moving average of $55.70 and a 200 day moving average of $49.87. Docusign Inc. has a 1 year low of $40.16 and a 1 year high of $86.65.

Docusign (NASDAQ:DOCU) last announced its quarterly earnings results on Thursday, September 3rd. The company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.07. The company had revenue of $875.75 million for the quarter, compared to the consensus estimate of $867.22 million. Docusign had a return on equity of 17.84% and a net margin of 9.82%.The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the firm earned $0.30 EPS. Research analysts expect that Docusign Inc. will post 2.03 earnings per share for the current year.

Key Headlines Impacting Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Quarterly results exceeded expectations. DocuSign reported revenue of $875.7 million, up 9.4% year over year and ahead of the $867.2 million consensus estimate. Adjusted earnings of $1.16 per share also surpassed expectations of approximately $1.08-$1.09. DocuSign Announces Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Management raised its fiscal 2027 outlook. The company increased guidance for revenue, annual recurring revenue (ARR) and the percentage of ARR generated by its Intelligent Agreement Management (IAM) platform. Third-quarter revenue guidance of $886 million-$890 million was broadly in line with analyst expectations. DocuSign raises annual forecast as AI-powered contract tools gain traction
• Positive Sentiment: AI and IAM adoption are becoming key growth drivers. New AI-powered contract tools are gaining traction, while stronger retention and IAM momentum suggest DocuSign is broadening its addressable market beyond electronic signatures. CFO Blake Grayson said strengthening partnerships supported the higher ARR forecast.
• Positive Sentiment: DocuSign is opening its Model Context Protocol server to all AI agents globally on September 30. The initiative could make DocuSign’s agreement technology more accessible across agentic enterprise software ecosystems and support future platform usage. DocuSign Agreement Layer for the Agentic Enterprise Coming to Every Agent
• Positive Sentiment: Several analysts raised their price targets following the earnings report, including UBS to $70, BTIG to $75 and Citizens JMP to $86. Morgan Stanley also reportedly increased its target, while technical traders noted a bullish “golden cross.”
• Neutral Sentiment: Analyst opinion remains divided. Bank of America raised its target to $64 but retained an “underperform” rating; UBS maintained “neutral,” and Needham reiterated “hold.” This suggests some analysts view the recent rally as having already priced in much of the improvement.
• Negative Sentiment: The stock reversed some early gains despite the earnings beat. With shares trading well above their 200-day average and at a relatively elevated earnings multiple, investors may be concerned that expectations for AI-driven growth are becoming demanding.

Insider Transactions at Docusign

In other Docusign news, CFO Blake Grayson sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $60.00, for a total value of $900,000.00. Following the completion of the transaction, the chief financial officer directly owned 126,429 shares of the company’s stock, valued at approximately $7,585,740. The trade was a 10.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James A. Beer sold 450 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $64.02, for a total value of $28,809.00. Following the completion of the sale, the director owned 14,586 shares in the company, valued at approximately $933,795.72. This represents a 2.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 90,602 shares of company stock valued at $4,323,749. 0.59% of the stock is owned by insiders.

Docusign Profile

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.