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 $12.12 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 $18.85 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 1.20% to $33.79. Over the last five days, the stock has lost -11.03%. DigitalOcean Holdings Inc shares have fallen nearly -0.82% since the year began. Nevertheless, the stocks have fallen -11.50% 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 03/31/25. SMA at 50 days reached $39.94, while 200 days put it at $37.74.
Levels Of Support And Resistance For DOCN Stock
The 24-hour chart illustrates a support level at 33.08, which if violated will result in even more drops to 32.36. On the upside, there is a resistance level at 34.20. A further resistance level may holdings at 34.61. The Relative Strength Index (RSI) on the 14-day chart is 35.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.51%. Stochastics %K at 20.47% 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.
