3 days Ago By ABMN Staff
Bokf Na reduced its stake in shares of DocuSign, Inc. ( NASDAQ:DOCU – Free Report ) by 5.9% in the second quarter, Holdings Channel.
com reports. The institutional investor owned 12,064 shares of the company’s stock after selling 763 shares during the period. Bokf Na’s holdings in DocuSign were worth $645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Gilbert & Cook Inc. boosted its position in DocuSign by 7.
7% during the 4th quarter. Gilbert & Cook Inc. now owns 8,497 shares of the company’s stock worth $505,000 after acquiring an additional 604 shares during the period.
Principal Securities Inc. acquired a new position in DocuSign during the 4th quarter worth $141,000. Dimensional Fund Advisors LP boosted its position in DocuSign by 30.
2% during the 4th quarter. Dimensional Fund Advisors LP now owns 450,229 shares of the company’s stock worth $26,770,000 after acquiring an additional 104,536 shares during the period. Mitsubishi UFJ Asset Management Co.
Ltd. boosted its position in DocuSign by 0.3% during the 4th quarter.
Mitsubishi UFJ Asset Management Co. Ltd. now owns 83,899 shares of the company’s stock worth $4,617,000 after acquiring an additional 239 shares during the period.
Finally, Norges Bank acquired a new position in DocuSign during the 4th quarter worth $133,826,000. 77.64% of the stock is currently owned by institutional investors.
DocuSign Stock Performance DOCU opened at $56.63 on Monday. The company has a market cap of $11.
59 billion, a PE ratio of 108.90, a price-to-earnings-growth ratio of 5.99 and a beta of 0.
93. The stock has a 50-day moving average of $55.57 and a 200-day moving average of $56.
09. DocuSign, Inc. has a 52-week low of $38.
11 and a 52-week high of $64.76. Insider Transactions at DocuSign In related news, CEO Allan C.
Thygesen sold 7,725 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $54.89, for a total transaction of $424,025.
25. Following the completion of the transaction, the chief executive officer now owns 109,918 shares in the company, valued at approximately $6,033,399.02.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . In related news, CEO Allan C. Thygesen sold 7,725 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st.
The stock was sold at an average price of $54.89, for a total transaction of $424,025.25.
Following the completion of the transaction, the chief executive officer now owns 109,918 shares in the company, valued at approximately $6,033,399.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link .
Also, CEO Allan C. Thygesen sold 7,911 shares of the firm’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $53.
77, for a total value of $425,374.47. Following the transaction, the chief executive officer now owns 117,643 shares of the company’s stock, valued at approximately $6,325,664.
11. The disclosure for this sale can be found here . In the last quarter, insiders have sold 480,618 shares of company stock valued at $25,432,336.
1.66% of the stock is owned by corporate insiders. Wall Street Analyst Weigh In A number of research analysts have issued reports on the company.
Bank of America boosted their price target on DocuSign from $60.00 to $68.00 and gave the stock a “neutral” rating in a research report on Friday, September 6th.
JMP Securities restated a “market outperform” rating and issued a $84.00 price objective on shares of DocuSign in a report on Thursday, September 5th. Citigroup upped their target price on DocuSign from $86.
00 to $87.00 and gave the company a “buy” rating in a report on Friday, September 6th. Robert W.
Baird upped their price target on DocuSign from $55.00 to $59.00 and gave the company a “neutral” rating in a research report on Friday, September 6th.
Finally, Needham & Company LLC reissued a “hold” rating on shares of DocuSign in a research report on Friday, September 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.
com, the stock has an average rating of “Hold” and an average target price of $61.45. Read Our Latest Analysis on DOCU DocuSign Profile ( 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. Featured Stories 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.
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