DocuSign Inc’s recent filing unveils that its President and CEO Thygesen Allan C. unloaded Company’s shares for reported $0.48 million on Oct 01 ’24. In the deal valued at $62.47 per share,7,648 shares were sold. As a result of this transaction, Thygesen Allan C. now holds 115,589 shares worth roughly $7.38 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, ALLAN THYGESEN bought 7,648 shares, generating $477,772 in total proceeds.
Before that, Chatwani Robert sold 14,799 shares. DocuSign Inc shares valued at $820,753 were divested by the President General Mgr, Growth at a price of $55.46 per share. As a result of the transaction, Chatwani Robert now holds 70,748 shares, worth roughly $4.52 million.
UBS upgraded its DocuSign Inc [DOCU] rating to a Neutral from a a Sell in a research note published on April 12, 2024; the price target was increased to $62 from $48. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid January from “an Underweight” to “an Equal-weight”. Wells Fargo also remained covering DOCU and has decreased its forecast on December 20, 2023 with a “an Underweight” recommendation from previously “an Equal weight” rating. Daiwa Securities revised its rating on December 15, 2023. It rated DOCU as “an Outperform” which previously was an “a Buy”.
Price Performance Review of DOCU
On Friday, DocuSign Inc [NASDAQ:DOCU] saw its stock jump 1.37% to $63.84. Over the last five days, the stock has gained 3.52%. DocuSign Inc shares have risen nearly 7.38% since the year began. Nevertheless, the stocks have risen 54.05% over the past one year. While a 52-week high of $64.76 was reached on 01/12/24, a 52-week low of $38.11 was recorded on 06/07/24. SMA at 50 days reached $56.94, while 200 days put it at $56.59.
Levels Of Support And Resistance For DOCU Stock
The 24-hour chart illustrates a support level at 63.39, which if violated will result in even more drops to 62.95. On the upside, there is a resistance level at 64.29. A further resistance level may holdings at 64.75. The Relative Strength Index (RSI) on the 14-day chart is 69.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.83, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.02%. Stochastics %K at 92.53% indicates the stock is a selling.
How much short interest is there in DocuSign Inc?
A steep rise in short interest was recorded in DocuSign Inc stocks on 2024-09-13, dropping by -0.4 million shares to a total of 8.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 8.66 million shares. There was a decline of -4.78%, which implies that there is a negative sentiment for the stock.
