In a filing, DigitalOcean Holdings Inc revealed its Chief Product & Tech Officer Saha Bratin unloaded Company’s shares for reported $0.21 million on Feb 19 ’25. In the deal valued at $46.08 per share,4,516 shares were sold. As a result of this transaction, Saha Bratin now holds 365,729 shares worth roughly $14.93 million.
Then, D’Angelo Lawrence M. sold 10,551 shares, generating $474,795 in total proceeds. Upon selling the shares at $45.00, the Chief Revenue Officer now owns 135,840 shares.
Before that, Saha Bratin bought 4,516 shares. DigitalOcean Holdings Inc shares valued at $208,097 were divested by the Officer at a price of $46.08 per share.
Citigroup initiated its DigitalOcean Holdings Inc [DOCN] rating to a Buy in a research note published on January 24, 2025; the price target was $45. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid January with a ‘”a Neutral”‘ rating. Morgan Stanley also remained covering DOCN and has increased its forecast on January 16, 2025 with a “an Overweight” recommendation from previously “an Equal-weight” rating. UBS started covering the stock on May 22, 2024. It rated DOCN as “a Neutral”.
Price Performance Review of DOCN
On Tuesday, DigitalOcean Holdings Inc [NYSE:DOCN] saw its stock jump 9.85% to $40.83. Over the last five days, the stock has lost -12.55%. DigitalOcean Holdings Inc shares have risen nearly 19.84% since the year began. Nevertheless, the stocks have risen 4.80% over the past one year. While a 52-week high of $47.02 was reached on 02/18/25, a 52-week low of $26.63 was recorded on 01/10/25. SMA at 50 days reached $38.84, while 200 days put it at $37.64.
Levels Of Support And Resistance For DOCN Stock
The 24-hour chart illustrates a support level at 39.15, which if violated will result in even more drops to 37.48. On the upside, there is a resistance level at 43.75. A further resistance level may holdings at 46.68. The Relative Strength Index (RSI) on the 14-day chart is 48.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.44%. Stochastics %K at 19.64% indicates the stock is a buying.
