Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. DigitalOcean Holdings Inc shares valued at $92,962 were sold by Saha Bratin on Apr 21 ’25. At $26.86 per share, Saha Bratin sold 3,461 shares. The insider’s holdings dropped to 394,367 shares worth approximately $11.81 million following the completion of this transaction.
Also, Saha Bratin purchased 3,461 shares, netting a total of over 92,962 in proceeds.
Before that, Saha Bratin had sold 3,948 shares from its account. In a trade valued at $144,615, the Chief Product & Tech Officer traded DigitalOcean Holdings Inc shares for $36.63 each. Upon closing the transaction, the insider’s holdings decreased to 3,948 shares, worth approximately $10.74 million.
As published in their initiating research note from Citigroup on January 24, 2025, DigitalOcean Holdings Inc [DOCN] has been a Buy and the price target has been revised to $45. Analysts at Cantor Fitzgerald started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid January. As of January 16, 2025, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for DOCN. Earlier on May 22, 2024, UBS initiated its rating. Their recommendation was “a Neutral” for DOCN stock.
Analyzing DOCN Stock Performance
During the last five days, there has been a surge of approximately 7.50%. Over the course of the year, DigitalOcean Holdings Inc shares have dropped approximately -12.09%. Shares of the company reached a 52-week high of $47.02 on 02/18/25 and a 52-week low of $25.45 on 04/08/25. A 50-day SMA is recorded $35.78, while a 200-day SMA reached $37.27.
Support And Resistance Levels for DigitalOcean Holdings Inc (DOCN)
According to the 24-hour chart, there is a support level at 28.61, which, if violated, would cause prices to drop to 27.26. In the upper region, resistance lies at 30.69. The next price resistance is at 31.42. RSI (Relative Strength Index) is 46.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.37, which suggests the price will decrease in the coming days. Percent R is at 36.53%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
