Wells Fargo upgrades DocuSign Inc (DOCU) stock to an Equal weight

In a filing, DocuSign Inc revealed its Chief Financial Officer GRAYSON BLAKE JEFFREY unloaded Company’s shares for reported $0.61 million on Apr 15 ’25. In the deal valued at $76.09 per share,8,000 shares were sold. As a result of this transaction, GRAYSON BLAKE JEFFREY now holds 86,156 shares worth roughly $6.38 million.

Then, BLAKE J GRAYSON bought 8,000 shares, generating $608,679 in total proceeds.

Before that, Thygesen Allan C. sold 40,000 shares. DocuSign Inc shares valued at $3,275,886 were divested by the President and CEO at a price of $81.90 per share. As a result of the transaction, Thygesen Allan C. now holds 138,804 shares, worth roughly $10.28 million.

Wells Fargo upgraded its DocuSign Inc [DOCU] rating to an Equal weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in mid April from “a Reduce” to “a Hold”. William Blair also remained covering DOCU and has increased its forecast on March 17, 2025 with a “an Outperform” recommendation from previously “Mkt perform” rating. JP Morgan revised its rating on March 10, 2025. It rated DOCU as “a Neutral” which previously was an “an Underweight”.

Price Performance Review of DOCU

On Friday, DocuSign Inc [NASDAQ:DOCU] saw its stock fall -2.57% to $74.06. Over the last five days, the stock has lost -1.62%. DocuSign Inc shares have fallen nearly -17.66% since the year began. Nevertheless, the stocks have risen 42.23% over the past one year. While a 52-week high of $107.86 was reached on 02/06/25, a 52-week low of $48.80 was recorded on 04/07/25.

Levels Of Support And Resistance For DOCU Stock

The 24-hour chart illustrates a support level at 73.24, which if violated will result in even more drops to 72.41. On the upside, there is a resistance level at 75.27. A further resistance level may holdings at 76.47.

How much short interest is there in DocuSign Inc?

A steep rise in short interest was recorded in DocuSign Inc stocks on 2025-05-30, dropping by -0.3 million shares to a total of 6.9 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 7.2 million shares. There was a decline of -4.35%, which implies that there is a negative sentiment for the stock.

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