DocuSign Inc’s recent filing unveils that its President and CEO Thygesen Allan C. unloaded Company’s shares for reported $3.28 million on Apr 01 ’25. In the deal valued at $81.90 per share,40,000 shares were sold. As a result of this transaction, Thygesen Allan C. now holds 138,804 shares worth roughly $10.02 million.
Then, Shaughnessy James P sold 7,500 shares, generating $609,810 in total proceeds. Upon selling the shares at $81.31, the Chief Legal Officer now owns 45,875 shares.
Before that, ALLAN THYGESEN bought 40,000 shares. DocuSign Inc shares valued at $3,256,000 were divested by the Director at a price of $81.40 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 fall -6.67% to $72.21. Over the last five days, the stock has lost -13.19%. DocuSign Inc shares have fallen nearly -19.71% since the year began. Nevertheless, the stocks have risen 19.26% 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 04/04/25. SMA at 50 days reached $86.10, while 200 days put it at $73.43.
Levels Of Support And Resistance For DOCU Stock
The 24-hour chart illustrates a support level at 70.19, which if violated will result in even more drops to 68.18. On the upside, there is a resistance level at 74.57. A further resistance level may holdings at 76.94. The Relative Strength Index (RSI) on the 14-day chart is 31.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.77%. Stochastics %K at 14.85% indicates the stock is a buying.
How much short interest is there in DocuSign Inc?
A steep rise in short interest was recorded in DocuSign Inc stocks on 2025-03-14, dropping by -1.23 million shares to a total of 6.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 8.02 million shares. There was a decline of -18.1%, which implies that there is a negative sentiment for the stock.
