Wealthfront Advisers LLC Acquires Shares of 5,101 DigitalOcean Holdings, Inc. $DOCN

Wealthfront Advisers LLC acquired a new stake in shares of DigitalOcean Holdings, Inc. (NYSE:DOCN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,101 shares of the company’s stock, valued at approximately $245,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in DigitalOcean by 5.0% during the third quarter. Vanguard Group Inc. now owns 9,362,889 shares of the company’s stock valued at $319,836,000 after buying an additional 442,617 shares in the last quarter. Lazard Asset Management LLC raised its stake in DigitalOcean by 34.5% during the second quarter. Lazard Asset Management LLC now owns 1,660,731 shares of the company’s stock valued at $47,430,000 after buying an additional 426,264 shares in the last quarter. Van Berkom & Associates Inc. raised its stake in DigitalOcean by 33.1% during the third quarter. Van Berkom & Associates Inc. now owns 1,564,991 shares of the company’s stock valued at $53,460,000 after buying an additional 389,161 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in DigitalOcean by 3.2% during the third quarter. Dimensional Fund Advisors LP now owns 1,328,013 shares of the company’s stock valued at $45,371,000 after buying an additional 40,679 shares in the last quarter. Finally, Oberweis Asset Management Inc. raised its stake in DigitalOcean by 22.2% during the third quarter. Oberweis Asset Management Inc. now owns 772,000 shares of the company’s stock valued at $26,372,000 after buying an additional 140,080 shares in the last quarter. Institutional investors and hedge funds own 49.77% of the company’s stock.

Key Headlines Impacting DigitalOcean

Here are the key news stories impacting DigitalOcean this week:

• Positive Sentiment: Q1 beat on both EPS and revenue (EPS $0.44 vs. $0.27 est.; revenue $257.9M vs. $249.8M) and management raised FY26 and Q2 guidance, giving investors confidence in near-term growth. DigitalOcean Stock Soars 18% After Q1 Double Beat, Raises FY26 Guidance
• Positive Sentiment: Management emphasized AI-driven demand on the earnings call and highlighted new AI/inference products (Inference Engine) and capacity expansion — framing DigitalOcean as a go-to for AI-native customers. DigitalOcean (DOCN) Earnings Call Signals AI-Fueled Surge
• Positive Sentiment: Market reaction and analyst commentary point to accelerating revenue growth and improving margins after the quarter, supporting a re-rating in an AI-focused market backdrop. DigitalOcean surges as it ups guidance after strong Q1 results
• Positive Sentiment: The stock hit an all-time high as investors priced in the combination of beats, raised guidance and AI product traction. DigitalOcean (DOCN) Hits All-Time High on Stellar Revenues, Upbeat Q2
• Neutral Sentiment: Full earnings call transcript and slide deck are available for deeper due diligence (useful for verifying commentary on customer adoption, unit economics and capacity plans). DigitalOcean Holdings, Inc. (DOCN) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Insider selling and shifts in institutional holdings were flagged in pre-earnings positioning reports — worth monitoring for potential short-term supply pressure. DigitalOcean shares rise as investors position ahead of Q1 earnings and recent AI product announcements
• Negative Sentiment: Valuation is rich vs. longer-term comps (P/E ~60) and several analyst price targets remain below current levels (median ~$105), leaving upside tied to sustained execution and AI monetization. DigitalOcean shares rise as investors position ahead of Q1 earnings and recent AI product announcements

DigitalOcean Trading Up 40.6%

Shares of DigitalOcean stock opened at $153.03 on Wednesday. DigitalOcean Holdings, Inc. has a twelve month low of $25.56 and a twelve month high of $153.47. The stock has a market capitalization of $15.97 billion, a price-to-earnings ratio of 60.48 and a beta of 1.42. The business’s 50 day simple moving average is $79.74 and its 200-day simple moving average is $60.64.

DigitalOcean (NYSE:DOCN) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.17. DigitalOcean had a negative return on equity of 127.00% and a net margin of 28.76%.The business had revenue of $257.91 million during the quarter, compared to analyst estimates of $249.76 million. During the same period in the prior year, the company posted $0.56 EPS. The business’s revenue for the quarter 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. Sell-side analysts predict that DigitalOcean Holdings, Inc. will post 0.4 earnings per share for the current year.

Analyst Ratings Changes

DOCN has been the topic of a number of research reports. Canaccord Genuity Group increased their price target on DigitalOcean from $80.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Barclays set a $183.00 price target on DigitalOcean in a research report on Wednesday. The Goldman Sachs Group increased their price target on DigitalOcean from $50.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Oppenheimer increased their price target on DigitalOcean from $100.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 28th. Finally, Stifel Nicolaus set a $57.00 price target on DigitalOcean in a research report on Tuesday, February 24th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $101.46.

Insider Buying and Selling

In related news, CAO Cherie Barrett sold 22,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $54.77, for a total value of $1,204,940.00. Following the completion of the transaction, the chief accounting officer directly owned 62,469 shares of the company’s stock, valued at $3,421,427.13. This represents a 26.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Matt Steinfort sold 20,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $55.40, for a total value of $1,108,000.00. Following the completion of the transaction, the chief financial officer directly owned 545,916 shares of the company’s stock, valued at $30,243,746.40. This trade represents a 3.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.96% of the company’s stock.

DigitalOcean Profile

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.