DigitalOcean Holdings Inc’s filing revealed that its Chief Product & Tech Officer Saha Bratin unloaded Company’s shares for reported $1.23 million on Jun 03 ’25. In the deal valued at $29.49 per share,41,541 shares were sold. As a result of this transaction, Saha Bratin now holds 301,579 shares worth roughly $9.07 million.
Then, Saha Bratin bought 41,541 shares, generating $1,179,764 in total proceeds.
Before that, Saha Bratin sold 3,461 shares. DigitalOcean Holdings Inc shares valued at $104,522 were divested by the Chief Product & Tech Officer at a price of $30.20 per share. As a result of the transaction, Saha Bratin now holds 387,334 shares, worth roughly $11.65 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 5.95% to $30.07. Over the last five days, the stock has gained 4.34%. DigitalOcean Holdings Inc shares have fallen nearly -11.74% since the year began. Nevertheless, the stocks have fallen -18.29% over the past one year. While a 52-week high of $47.02 was reached on 02/18/25, a 52-week low of $25.45 was recorded on 04/08/25. SMA at 50 days reached $30.36, while 200 days put it at $37.00.
Levels Of Support And Resistance For DOCN Stock
The 24-hour chart illustrates a support level at 28.72, which if violated will result in even more drops to 27.36. On the upside, there is a resistance level at 30.81. A further resistance level may holdings at 31.54. The Relative Strength Index (RSI) on the 14-day chart is 51.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.55%. Stochastics %K at 33.50% 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 2025-05-15, growing by 0.7 million shares to a total of 7.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 6.58 million shares. There was a rise of 9.59%, which implies that there is a positive sentiment for the stock.
