DocuSign Inc’s filing revealed that its President General Mgr, Growth Chatwani Robert unloaded Company’s shares for reported $1.31 million on Mar 19 ’25. In the deal valued at $83.19 per share,15,706 shares were sold. As a result of this transaction, Chatwani Robert now holds 76,842 shares worth roughly $6.77 million.
Then, GRAYSON BLAKE JEFFREY sold 16,111 shares, generating $1,340,474 in total proceeds. Upon selling the shares at $83.20, the Chief Financial Officer now owns 93,960 shares.
Before that, BLAKE J GRAYSON bought 16,111 shares. DocuSign Inc shares valued at $1,340,485 were divested by the Officer at a price of $83.20 per share.
William Blair upgraded its DocuSign Inc [DOCU] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early March from “an Underweight” to “a Neutral”. HSBC Securities also remained covering DOCU and has decreased its forecast on December 06, 2024 with a “Reduce” recommendation from previously “Hold” rating. UBS revised its rating on April 12, 2024. It rated DOCU as “a Neutral” which previously was an “a Sell”.
Price Performance Review of DOCU
On Friday, DocuSign Inc [NASDAQ:DOCU] saw its stock jump 3.47% to $88.06. Over the last five days, the stock has gained 2.68%. DocuSign Inc shares have fallen nearly -2.09% since the year began. Nevertheless, the stocks have risen 49.38% 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 03/13/25. SMA at 50 days reached $87.60, while 200 days put it at $71.87.
Levels Of Support And Resistance For DOCU Stock
The 24-hour chart illustrates a support level at 84.92, which if violated will result in even more drops to 81.78. On the upside, there is a resistance level at 89.78. A further resistance level may holdings at 91.50. The Relative Strength Index (RSI) on the 14-day chart is 57.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.18, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.43%. Stochastics %K at 83.10% indicates the stock is a selling.
How much short interest is there in DocuSign Inc?
A steep rise in short interest was recorded in DocuSign Inc stocks on 2025-02-28, dropping by -0.49 million shares to a total of 7.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.34 million shares. There was a decline of -6.23%, which implies that there is a negative sentiment for the stock.
