Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. DigitalOcean Holdings Inc shares valued at $208,097 were sold by Saha Bratin on Feb 19 ’25. At $46.08 per share, Saha Bratin sold 4,516 shares. The insider’s holdings dropped to 365,729 shares worth approximately $16.19 million following the completion of this transaction.
Also, D’Angelo Lawrence M. sold 10,551 shares, netting a total of over 474,795 in proceeds. Following the sale of shares at $45.00 each, the insider now holds 135,840 shares.
Before that, Saha Bratin had added 4,516 shares to its account. In a trade valued at $208,097, the Officer bought DigitalOcean Holdings Inc shares for $46.08 each.
As published in their initiating research note from Citigroup on January 24, 2025, DigitalOcean Holdings Inc [DOCN] has been a Buy and the price target has been revised to $45. Analysts at Cantor Fitzgerald started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid January. As of January 16, 2025, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for DOCN. Earlier on May 22, 2024, UBS initiated its rating. Their recommendation was “a Neutral” for DOCN stock.
Analyzing DOCN Stock Performance
During the last five days, there has been a drop of approximately -2.14%. Over the course of the year, DigitalOcean Holdings Inc shares have jumped approximately 29.94%. Shares of the company reached a 52-week high of $47.02 on 02/18/25 and a 52-week low of $32.90 on 01/10/25. A 50-day SMA is recorded $38.77, while a 200-day SMA reached $37.54. Nevertheless, trading volume fell to 1.23 million shares from 1.36 million shares the previous day.
Support And Resistance Levels for DigitalOcean Holdings Inc (DOCN)
According to the 24-hour chart, there is a support level at 43.49, which, if violated, would cause prices to drop to 42.72. In the upper region, resistance lies at 45.76. The next price resistance is at 47.26. RSI (Relative Strength Index) is 59.27 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.32, which suggests the price will increase in the coming days. Percent R is at 32.86%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
