DocuSign Inc’s recently made public that its Officer ALLAN THYGESEN acquired Company’s shares for reported $0.63 million on Dec 02 ’24. In the deal valued at $80.54 per share,7,763 shares were bought.
Then, Thygesen Allan C. sold 7,764 shares, generating $543,092 in total proceeds. Upon selling the shares at $69.95, the President and CEO now owns 107,825 shares.
Before that, ALLAN THYGESEN bought 7,764 shares. DocuSign Inc shares valued at $543,117 were divested by the Officer at a price of $69.95 per share.
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 Monday, DocuSign Inc [NASDAQ:DOCU] saw its stock jump 0.72% to $80.26. Over the last five days, the stock has lost -3.34%. DocuSign Inc shares have risen nearly 35.00% since the year began. Nevertheless, the stocks have risen 86.22% over the past one year. While a 52-week high of $86.75 was reached on 11/26/24, a 52-week low of $42.76 was recorded on 06/07/24. SMA at 50 days reached $71.99, while 200 days put it at $59.89.
Levels Of Support And Resistance For DOCU Stock
The 24-hour chart illustrates a support level at 79.18, which if violated will result in even more drops to 78.09. On the upside, there is a resistance level at 81.57. A further resistance level may holdings at 82.87. The Relative Strength Index (RSI) on the 14-day chart is 57.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.98%. Stochastics %K at 32.71% indicates the stock is a holding.
How much short interest is there in DocuSign Inc?
A steep rise in short interest was recorded in DocuSign Inc stocks on 2024-11-15, dropping by -1.82 million shares to a total of 13.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 15.39 million shares. There was a decline of -13.41%, which implies that there is a negative sentiment for the stock.
