Short interest on DOCN sees a significant decrease on 2025-07-31

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Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. DigitalOcean Holdings Inc shares valued at $984,250 were purchased by PLATO PARTNERS LLC on Aug 13 ’25. At $31.75 per share, PLATO PARTNERS LLC acquired 31,000 shares.

Also, Butte Amy purchased 16,417 shares, netting a total of over 500,423 in proceeds.

Before that, Saha Bratin had sold 3,461 shares from its account. In a trade valued at $96,112, the Chief Product & Tech Officer traded DigitalOcean Holdings Inc shares for $27.77 each. Upon closing the transaction, the insider’s holdings decreased to 3,461 shares, worth approximately $9.35 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 5.66% to $31.75. The stock’s lowest price that day was $29.89, but it reached a high of $31.92 in the same session. During the last five days, there has been a drop of approximately -12.94%. Over the course of the year, DigitalOcean Holdings Inc shares have dropped approximately -2.52%. 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 30.45, which, if violated, would cause prices to drop to 29.16. In the upper region, resistance lies at 32.48. The next price resistance is at 33.22. RSI (Relative Strength Index) is 54.82 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 steep in short interest on 2025-07-31 dropping by -0.55 million shares to 8.35 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 8.9 million shares. A decline of -6.57% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.37 of the overall float, the days-to-cover ratio (short ratio) decline to 5.37.

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 38.5 in the next 12 months, up nearly 28.12% from the previous closing price of $30.05. Analysts anticipate DigitalOcean Holdings Inc stock to reach 41 by 2025, with the lowest price target being 36. 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.

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