Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. DigitalOcean Holdings Inc shares valued at $96,112 were sold by Saha Bratin on Jun 18 ’25. At $27.77 per share, Saha Bratin sold 3,461 shares. The insider’s holdings dropped to 294,546 shares worth approximately $8.37 million following the completion of this transaction.
Also, Saha Bratin purchased 3,461 shares, netting a total of over 96,112 in proceeds.
Before that, Butte Amy had sold 5,417 shares from its account. In a trade valued at $157,418, the Director traded DigitalOcean Holdings Inc shares for $29.06 each. Upon closing the transaction, the insider’s holdings decreased to 5,417 shares, worth approximately $0.88 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
On last trading session,, DigitalOcean Holdings Inc [NYSE: DOCN] rose 1.36% to $28.4. The stock’s lowest price that day was $28.11, but it reached a high of $29.295 in the same session. During the last five days, there has been a surge of approximately 2.05%. Over the course of the year, DigitalOcean Holdings Inc shares have dropped approximately -18.27%. 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.
Support And Resistance Levels for DigitalOcean Holdings Inc (DOCN)
According to the 24-hour chart, there is a support level at 27.91, which, if violated, would cause prices to drop to 27.42. In the upper region, resistance lies at 29.09. The next price resistance is at 29.79. RSI (Relative Strength Index) is 49.20 on the 14-day chart, showing neutral technical sentiment.
Is DigitalOcean Holdings Inc subject to short interest?
Stocks of DigitalOcean Holdings Inc saw a sharp rise in short interest on 2025-06-13 jumping by 1.16 million shares to 8.44 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 7.28 million shares. A jump of 13.7% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.77 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.77.
Which companies own the most shares of DigitalOcean Holdings Inc (DOCN)?
In terms of DigitalOcean Holdings Inc share price expectations, FactSet research, analysts set an average price target of 41 in the next 12 months, up nearly 46.32% from the previous closing price of $28.02. Analysts anticipate DigitalOcean Holdings Inc stock to reach 41 by 2025, with the lowest price target being 41. In spite of this, 9 analysts ranked DigitalOcean Holdings Inc stock as Buy at the end of 2025. On November 21, 2023, Oppenheimer assigned a price target of “an Outperform” to the stock and upgraded coverage with a $37.
