iA Global Asset Management Inc. Acquires Shares of 11,860 Docusign Inc. $DOCU

iA Global Asset Management Inc. acquired a new stake in shares of Docusign Inc. (NASDAQ:DOCU) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,860 shares of the company’s stock, valued at approximately $562,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norges Bank bought a new stake in Docusign during the 4th quarter valued at $186,795,000. Capital World Investors boosted its position in Docusign by 38.1% during the 4th quarter. Capital World Investors now owns 5,815,804 shares of the company’s stock valued at $397,801,000 after buying an additional 1,603,900 shares during the period. SG Americas Securities LLC grew its holdings in Docusign by 452.3% in the 1st quarter. SG Americas Securities LLC now owns 1,314,632 shares of the company’s stock worth $62,327,000 after acquiring an additional 1,076,622 shares during the last quarter. Woodline Partners LP grew its holdings in Docusign by 24,412.7% in the 3rd quarter. Woodline Partners LP now owns 958,938 shares of the company’s stock worth $69,130,000 after acquiring an additional 955,026 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Docusign by 46.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,001,132 shares of the company’s stock valued at $205,277,000 after acquiring an additional 946,512 shares during the period. Institutional investors own 77.64% of the company’s stock.

Docusign Trading Down 0.5%

Shares of NASDAQ DOCU opened at $45.77 on Friday. Docusign Inc. has a 12 month low of $40.16 and a 12 month high of $86.65. The firm has a market capitalization of $8.74 billion, a PE ratio of 29.72, a price-to-earnings-growth ratio of 1.36 and a beta of 0.90. The firm has a fifty day simple moving average of $46.89 and a two-hundred day simple moving average of $50.93.

Docusign (NASDAQ:DOCU) last posted its earnings results on Thursday, June 4th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $0.99 by $0.10. The firm had revenue of $830.24 million during the quarter, compared to analysts’ expectations of $824.71 million. Docusign had a net margin of 9.59% and a return on equity of 17.48%. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the company posted $0.90 EPS. On average, sell-side analysts predict that Docusign Inc. will post 2.03 earnings per share for the current year.

Docusign declared that its board has approved a share buyback plan on Tuesday, March 17th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the company to buy up to 21% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other Docusign news, CEO Allan C. Thygesen sold 26,250 shares of Docusign stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $46.02, for a total transaction of $1,208,025.00. Following the sale, the chief executive officer directly owned 159,038 shares of the company’s stock, valued at approximately $7,318,928.76. The trade was a 14.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Paula Hansen sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $45.54, for a total value of $273,240.00. Following the transaction, the executive owned 89,972 shares in the company, valued at $4,097,324.88. This trade represents a 6.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 76,695 shares of company stock valued at $3,476,002 over the last quarter. 0.59% of the stock is currently owned by insiders.

Analysts Set New Price Targets

DOCU has been the subject of several recent analyst reports. Bank of America began coverage on shares of Docusign in a research note on Tuesday, March 31st. They set an “underperform” rating and a $52.00 price objective for the company. Weiss Ratings downgraded Docusign from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, June 26th. Wedbush reduced their price target on Docusign from $60.00 to $58.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. BTIG Research lowered their price target on Docusign from $70.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, June 5th. Finally, Wells Fargo & Company dropped their price objective on Docusign from $60.00 to $55.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Three research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $60.27.

Key Docusign News

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Zacks boosted longer-term earnings expectations for DocuSign, including higher FY2027, FY2028, and future quarterly EPS estimates, which suggests improving profitability over time.
• Positive Sentiment: DocuSign highlighted its AI assistant and agents at Momentum London 2026, signaling ongoing product innovation and an effort to strengthen its platform in the AI-driven workflow market. Docusign showcases AI assistant and agents at Momentum London 2026 to power the next era of agreement work
• Neutral Sentiment: DocuSign is also being pitched by Zacks as a long-term value idea, reflecting a favorable valuation case rather than a clear near-term catalyst. Why DocuSign (DOCU) is a Top Value Stock for the Long-Term
• Negative Sentiment: Multiple executives, including CEO Allan C. Thygesen, CFO Blake Jeffrey Grayson, and CRO Paula Hansen, sold shares under pre-arranged 10b5-1 plans, which can weigh on investor sentiment even if the sales were planned.
• Negative Sentiment: Paula Hansen’s additional 6,000-share sale was separately reported again this morning, keeping insider selling in focus for traders. Paula Hansen Sells 6,000 Shares of Docusign (NASDAQ:DOCU) Stock

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.