1 week Ago By ABMN Staff
CIBC Asset Management Inc lifted its position in shares of DocuSign, Inc. ( NASDAQ:DOCU – Free Report ) by 5.8% during the 2nd quarter, according to its most recent disclosure with the SEC.
The firm owned 6,921 shares of the company’s stock after buying an additional 380 shares during the period. CIBC Asset Management Inc’s holdings in DocuSign were worth $370,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also modified their holdings of DOCU.
Gilbert & Cook Inc. lifted its stake in shares of DocuSign by 7.7% during the fourth quarter.
Gilbert & Cook Inc. now owns 8,497 shares of the company’s stock valued at $505,000 after buying an additional 604 shares during the period. Victory Capital Management Inc.
lifted its stake in shares of DocuSign by 532.5% during the fourth quarter. Victory Capital Management Inc.
now owns 139,255 shares of the company’s stock valued at $8,279,000 after buying an additional 117,238 shares during the period. Amalgamated Bank lifted its stake in shares of DocuSign by 7.9% during the fourth quarter.
Amalgamated Bank now owns 23,232 shares of the company’s stock valued at $1,381,000 after buying an additional 1,696 shares during the period. Metis Global Partners LLC purchased a new position in shares of DocuSign during the fourth quarter valued at approximately $208,000. Finally, Private Advisor Group LLC lifted its stake in shares of DocuSign by 64.
3% during the fourth quarter. Private Advisor Group LLC now owns 26,122 shares of the company’s stock valued at $1,553,000 after buying an additional 10,225 shares during the period. Hedge funds and other institutional investors own 77.
64% of the company’s stock. Insider Activity at DocuSign In related news, insider Stephen Shute sold 35,300 shares of the firm’s stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of $52.
87, for a total transaction of $1,866,311.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink .
In other DocuSign news, insider Robert Chatwani sold 14,799 shares of the stock in a transaction on Monday, June 24th. The shares were sold at an average price of $52.17, for a total transaction of $772,063.
83. Following the transaction, the insider now directly owns 68,083 shares in the company, valued at approximately $3,551,890.11.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, insider Stephen Shute sold 35,300 shares of the stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of $52.
87, for a total transaction of $1,866,311.00. The disclosure for this sale can be found here .
In the last three months, insiders sold 482,418 shares of company stock valued at $25,524,100. Corporate insiders own 1.66% of the company’s stock.
DocuSign Stock Up 4.0 % DocuSign ( NASDAQ:DOCU – Get Free Report ) last released its quarterly earnings results on Thursday, September 5th. The company reported $0.
97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.17.
The business had revenue of $736.03 million during the quarter, compared to analyst estimates of $727.20 million.
DocuSign had a net margin of 3.81% and a return on equity of 15.44%.
The business’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the business earned $0.
09 EPS. On average, research analysts expect that DocuSign, Inc. will post 0.
83 EPS for the current fiscal year. Wall Street Analyst Weigh In DOCU has been the topic of several recent analyst reports. JMP Securities reissued a “market outperform” rating and set a $84.
00 price objective on shares of DocuSign in a research note on Thursday. Royal Bank of Canada increased their price target on shares of DocuSign from $52.00 to $57.
00 and gave the stock a “sector perform” rating in a research note on Friday. Robert W. Baird increased their price target on shares of DocuSign from $55.
00 to $59.00 and gave the stock a “neutral” rating in a research note on Friday. Needham & Company LLC reaffirmed a “hold” rating on shares of DocuSign in a research note on Friday.
Finally, Bank of America increased their price target on shares of DocuSign from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Friday.
Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, DocuSign currently has a consensus rating of “Hold” and a consensus target price of $61.45.
View Our Latest Analysis on DOCU About DocuSign ( Free Report ) DocuSign, Inc provides electronic signature solution in the United States and internationally. The company provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce. Read More Want to see what other hedge funds are holding DOCU? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for DocuSign, Inc. ( NASDAQ:DOCU – Free Report ). Receive News & Ratings for DocuSign Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DocuSign and related companies with MarketBeat.
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