DigitalOcean Holdings Inc’s recently made public that its Chief Product & Tech Officer Saha Bratin unloaded 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 sold. As a result of this transaction, Saha Bratin now holds 358,696 shares worth roughly $13.62 million.
Then, Saha Bratin bought 3,948 shares, generating $144,615 in total proceeds.
Before that, Steinfort Matt sold 12,497 shares. DigitalOcean Holdings Inc shares valued at $499,880 were divested by the Chief Financial Officer at a price of $40.00 per share. As a result of the transaction, Steinfort Matt now holds 557,938 shares, worth roughly $21.19 million.
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 0.26% to $37.98. Over the last five days, the stock has gained 6.09%. DigitalOcean Holdings Inc shares have risen nearly 11.48% since the year began. Nevertheless, the stocks have fallen -4.64% 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 $39.92, 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 37.57, which if violated will result in even more drops to 37.17. On the upside, there is a resistance level at 38.25. A further resistance level may holdings at 38.53. The Relative Strength Index (RSI) on the 14-day chart is 47.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.88%. Stochastics %K at 38.54% indicates the stock is a holding.
How much short interest is there in DigitalOcean Holdings Inc?
A steep rise in short interest was recorded in DigitalOcean Holdings Inc stocks on 2025-03-14, dropping by -0.62 million shares to a total of 6.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 7.06 million shares. There was a decline of -9.65%, which implies that there is a negative sentiment for the stock.
