In a filing, DigitalOcean Holdings Inc revealed 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 $9.29 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 $14.46 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 fall -7.92% to $25.91. Over the last five days, the stock has lost -23.32%. DigitalOcean Holdings Inc shares have fallen nearly -23.95% since the year began. Nevertheless, the stocks have fallen -30.57% over the past one year. While a 52-week high of $47.02 was reached on 02/18/25, a 52-week low of $25.54 was recorded on 04/08/25. SMA at 50 days reached $39.03, while 200 days put it at $37.60.
Levels Of Support And Resistance For DOCN Stock
The 24-hour chart illustrates a support level at 24.28, which if violated will result in even more drops to 22.66. On the upside, there is a resistance level at 28.70. A further resistance level may holdings at 31.49. The Relative Strength Index (RSI) on the 14-day chart is 23.50, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.37%. Stochastics %K at 11.20% 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 2025-03-14, 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.
