In a filing, DigitalOcean Holdings Inc revealed its Officer Saha Bratin acquired Company’s shares for reported $0.14 million on Mar 18 ’25. In the deal valued at $36.63 per share,3,948 shares were bought.
Then, Steinfort Matt sold 12,497 shares, generating $499,880 in total proceeds. Upon selling the shares at $40.00, the Chief Financial Officer now owns 557,938 shares.
Before that, Steinfort Matt bought 12,497 shares. DigitalOcean Holdings Inc shares valued at $499,880 were divested by the Officer at a price of $40.00 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 fall -2.90% to $35.80. Over the last five days, the stock has lost -1.30%. DigitalOcean Holdings Inc shares have risen nearly 5.08% since the year began. Nevertheless, the stocks have fallen -8.30% 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 $39.70, while 200 days put it at $37.81.
Levels Of Support And Resistance For DOCN Stock
The 24-hour chart illustrates a support level at 35.33, which if violated will result in even more drops to 34.85. On the upside, there is a resistance level at 36.50. A further resistance level may holdings at 37.20. The Relative Strength Index (RSI) on the 14-day chart is 38.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.96%. Stochastics %K at 11.34% indicates the stock is a buying.
How much short interest is there in DigitalOcean Holdings Inc?
A steep rise in short interest was recorded in DigitalOcean Holdings Inc stocks on 2025-02-28, dropping by -0.74 million shares to a total of 6.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.01 million shares. There was a decline of -11.74%, which implies that there is a negative sentiment for the stock.
