DocuSign Inc’s recent filing unveils that its Officer BLAKE J GRAYSON acquired Company’s shares for reported $0.7 million on Feb 14 ’25. In the deal valued at $86.90 per share,8,000 shares were bought.
Then, Salem Enrique T sold 10,000 shares, generating $915,610 in total proceeds. Upon selling the shares at $91.56, the Director now owns 162,265 shares.
Before that, Solvik Peter sold 10,000 shares. DocuSign Inc shares valued at $912,600 were divested by the Director at a price of $91.26 per share. As a result of the transaction, Solvik Peter now holds 150,253 shares, worth roughly $13.12 million.
HSBC Securities downgraded its DocuSign Inc [DOCU] rating to a Reduce from a a Hold in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid April from “a Sell” to “a Neutral”. Morgan Stanley also remained covering DOCU and has increased its forecast on January 16, 2024 with a “an Equal-weight” recommendation from previously “an Underweight” rating. Wells Fargo revised its rating on December 20, 2023. It rated DOCU as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of DOCU
On Friday, DocuSign Inc [NASDAQ:DOCU] saw its stock fall -1.46% to $87.34. Over the last five days, the stock has lost -3.47%. DocuSign Inc shares have fallen nearly -2.89% since the year began. Nevertheless, the stocks have risen 72.88% over the past one year. While a 52-week high of $107.86 was reached on 02/06/25, a 52-week low of $48.70 was recorded on 02/12/25. SMA at 50 days reached $92.56, while 200 days put it at $68.92.
Levels Of Support And Resistance For DOCU Stock
The 24-hour chart illustrates a support level at 86.48, which if violated will result in even more drops to 85.62. On the upside, there is a resistance level at 88.10. A further resistance level may holdings at 88.86. The Relative Strength Index (RSI) on the 14-day chart is 38.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.98, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.04%. Stochastics %K at 19.33% indicates the stock is a buying.
How much short interest is there in DocuSign Inc?
A steep rise in short interest was recorded in DocuSign Inc stocks on 2025-01-31, dropping by -0.35 million shares to a total of 8.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 8.69 million shares. There was a decline of -4.25%, which implies that there is a negative sentiment for the stock.
