Docusign Inc. $DOCU Stock Holdings Reduced by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lowered its position in Docusign Inc. (NASDAQ:DOCU) by 2.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,613 shares of the company’s stock after selling 192 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Docusign were worth $620,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DOCU. Ethic Inc. bought a new stake in shares of Docusign in the 4th quarter valued at approximately $341,000. Focus Partners Wealth grew its stake in shares of Docusign by 19.8% in the 4th quarter. Focus Partners Wealth now owns 11,063 shares of the company’s stock valued at $995,000 after buying an additional 1,829 shares in the last quarter. Janus Henderson Group PLC grew its stake in shares of Docusign by 13.1% in the 4th quarter. Janus Henderson Group PLC now owns 13,691 shares of the company’s stock valued at $1,231,000 after buying an additional 1,581 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC bought a new stake in shares of Docusign in the 4th quarter valued at approximately $263,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Docusign by 12.3% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,011 shares of the company’s stock worth $11,786,000 after acquiring an additional 14,372 shares in the last quarter. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Insider Activity at Docusign

In other Docusign news, insider Robert Chatwani sold 983 shares of the firm’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $79.39, for a total value of $78,040.37. Following the sale, the insider directly owned 71,143 shares in the company, valued at $5,648,042.77. This trade represents a 1.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Blake Jeffrey Grayson sold 15,143 shares of the firm’s stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $74.80, for a total transaction of $1,132,696.40. Following the completion of the sale, the chief financial officer owned 110,723 shares in the company, valued at $8,282,080.40. This represents a 12.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 79,899 shares of company stock valued at $6,090,570. Company insiders own 1.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on DOCU shares. JMP Securities reissued a “market outperform” rating and issued a $124.00 target price on shares of Docusign in a research report on Friday, September 5th. Needham & Company LLC reiterated a “hold” rating on shares of Docusign in a report on Friday, September 5th. Wall Street Zen upgraded shares of Docusign from a “hold” rating to a “buy” rating in a report on Saturday. Wedbush decreased their price objective on shares of Docusign from $100.00 to $85.00 and set a “neutral” rating for the company in a report on Thursday, June 12th. Finally, Wells Fargo & Company upped their price target on Docusign from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $94.14.

Docusign Stock Down 0.1%

Shares of NASDAQ:DOCU opened at $80.19 on Friday. The business has a 50 day moving average price of $75.74 and a 200 day moving average price of $79.25. Docusign Inc. has a twelve month low of $55.14 and a twelve month high of $107.86. The company has a market cap of $16.13 billion, a price-to-earnings ratio of 60.29, a PEG ratio of 4.21 and a beta of 1.02.

Docusign (NASDAQ:DOCU) last posted its quarterly earnings data on Thursday, September 4th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.08. The company had revenue of $800.64 million during the quarter, compared to analysts’ expectations of $780.35 million. Docusign had a return on equity of 14.01% and a net margin of 9.08%.Docusign’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.97 earnings per share. Docusign has set its Q3 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts anticipate that Docusign Inc. will post 1.17 EPS for the current year.

Docusign announced that its board has authorized a share repurchase program on Thursday, June 5th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to repurchase up to 6.6% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

About Docusign

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.