Docusign Inc. $DOCU Shares Sold by American Century Companies Inc.

American Century Companies Inc. reduced its stake in shares of Docusign Inc. (NASDAQ:DOCU) by 26.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,075,928 shares of the company’s stock after selling 1,488,390 shares during the quarter. American Century Companies Inc.’s holdings in Docusign were worth $293,834,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of DOCU. Vanguard Group Inc. increased its position in shares of Docusign by 1.1% in the third quarter. Vanguard Group Inc. now owns 21,625,551 shares of the company’s stock valued at $1,558,986,000 after buying an additional 225,525 shares in the last quarter. State Street Corp grew its stake in Docusign by 3.0% in the 2nd quarter. State Street Corp now owns 8,074,976 shares of the company’s stock valued at $628,960,000 after acquiring an additional 236,494 shares during the period. Geode Capital Management LLC increased its holdings in Docusign by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 3,985,808 shares of the company’s stock worth $309,910,000 after acquiring an additional 59,941 shares in the last quarter. Norges Bank acquired a new position in Docusign during the second quarter worth $140,987,000. Finally, Bank of New York Mellon Corp lifted its holdings in Docusign by 3.1% during the third quarter. Bank of New York Mellon Corp now owns 1,594,884 shares of the company’s stock valued at $114,975,000 after purchasing an additional 47,331 shares in the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

Insider Buying and Selling

In other Docusign news, CEO Allan C. Thygesen sold 26,250 shares of the firm’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $69.60, for a total transaction of $1,827,000.00. Following the completion of the sale, the chief executive officer owned 142,261 shares of the company’s stock, valued at $9,901,365.60. This trade represents a 15.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert Chatwani sold 13,818 shares of Docusign stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $68.33, for a total value of $944,183.94. Following the completion of the sale, the insider owned 70,197 shares in the company, valued at $4,796,561.01. This represents a 16.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 78,291 shares of company stock valued at $5,365,134 in the last ninety days. Company insiders own 1.01% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on DOCU shares. JPMorgan Chase & Co. reduced their price target on shares of Docusign from $80.00 to $78.00 and set a “neutral” rating for the company in a research report on Friday, December 5th. UBS Group cut their price objective on Docusign from $85.00 to $75.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Zacks Research downgraded Docusign from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Bank of America dropped their price target on Docusign from $102.00 to $82.00 and set a “neutral” rating for the company in a research report on Friday, December 5th. Finally, BTIG Research reduced their price objective on Docusign from $88.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Five analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company. Based on data from MarketBeat, Docusign has an average rating of “Hold” and an average target price of $78.80.

Key Headlines Impacting Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Nvidia CEO comments eased fears that AI will cannibalize enterprise software, sparking a session where DocuSign and other software names traded up — a sentiment boost that can help stabilize shares if sustained. DocuSign, MongoDB, Workiva, Elastic, and PagerDuty Stocks Trade Up, What You Need To Know
• Neutral Sentiment: AAII published a comparative piece weighing DocuSign vs. EverCommerce, useful for investors doing relative-value or thematic SaaS allocations but not a near-term catalyst. Which Is a Better Investment, DocuSign, Inc. or EverCommerce Inc. Stock?
• Neutral Sentiment: Reported short-interest figures for February appear to contain errors (showing 0 shares/NaN changes) and therefore offer no clear signal about bearish positioning — treat that data as unreliable until restated. (Data source summary)
• Negative Sentiment: A MarketBeat piece framing the software sell-off singled out DocuSign as exposed to AI-driven commoditization and product concentration risks, arguing the company lacks the durable moats that protect other AI beneficiaries — this narrative pressures valuations and investor confidence. AI Is Separating Software Winners From Losers, 2 Experts Explain (DOCU)
• Negative Sentiment: Commentary asking whether it’s time to reassess DocuSign after a prolonged share-price slump highlights sizable multi-timeframe declines and reinforces a cautious investor stance; such coverage can prolong negative momentum. Is It Time To Reassess DocuSign (DOCU) After Its Prolonged Share Price Slump
• Negative Sentiment: A director (Teresa Briggs) executed a small sale (~364 shares, ~$16k). The size is modest, so it’s more a datapoint than a major red flag, but insider selling can be perceived negatively in a down market. SEC Filing: Insider Sale by Teresa Briggs

Docusign Price Performance

Docusign stock opened at $45.07 on Friday. The firm has a 50 day simple moving average of $56.08 and a 200-day simple moving average of $66.63. The stock has a market cap of $9.03 billion, a price-to-earnings ratio of 31.52, a price-to-earnings-growth ratio of 1.99 and a beta of 1.00. Docusign Inc. has a 1-year low of $40.16 and a 1-year high of $94.67.

Docusign Company Profile

DocuSign, Inc (NASDAQ: DOCU) is a leading provider of electronic signature and digital transaction management solutions. The company’s flagship offering, DocuSign eSignature, enables organizations to send, sign and manage legally binding electronic agreements securely in the cloud. Beyond eSignature, DocuSign’s Agreement Cloud combines contract lifecycle management, document generation, and workflow automation to streamline agreement processes from initiation through execution and storage.

DocuSign’s platform serves a diverse customer base spanning industries such as finance, real estate, healthcare, technology, and government.