Harel Insurance Investments & Financial Services Ltd. Reduces Stock Holdings in Docusign Inc. $DOCU

Harel Insurance Investments & Financial Services Ltd. lowered its stake in Docusign Inc. (NASDAQ:DOCU) by 12.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,416 shares of the company’s stock after selling 10,530 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Docusign were worth $5,428,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in DOCU. NewEdge Advisors LLC increased its position in shares of Docusign by 36.4% during the first quarter. NewEdge Advisors LLC now owns 9,202 shares of the company’s stock valued at $749,000 after buying an additional 2,457 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in Docusign by 31.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 595 shares of the company’s stock valued at $46,000 after acquiring an additional 142 shares in the last quarter. Mn Services Vermogensbeheer B.V. grew its holdings in shares of Docusign by 1.1% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 74,900 shares of the company’s stock worth $5,834,000 after acquiring an additional 800 shares during the period. IFM Investors Pty Ltd grew its holdings in shares of Docusign by 5.5% during the 2nd quarter. IFM Investors Pty Ltd now owns 36,401 shares of the company’s stock worth $2,835,000 after acquiring an additional 1,912 shares during the period. Finally, Perpetual Ltd raised its position in shares of Docusign by 30.4% in the 2nd quarter. Perpetual Ltd now owns 10,635 shares of the company’s stock worth $828,000 after acquiring an additional 2,481 shares in the last quarter. 77.64% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DOCU. Royal Bank Of Canada dropped their price target on Docusign from $95.00 to $70.00 and set a “sector perform” rating on the stock in a research report on Monday, January 5th. Piper Sandler dropped their target price on shares of Docusign from $90.00 to $75.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Bank of America decreased their price target on shares of Docusign from $102.00 to $82.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Cantor Fitzgerald reissued an “outperform” rating on shares of Docusign in a research report on Wednesday, December 17th. Finally, Wells Fargo & Company cut their price objective on shares of Docusign from $85.00 to $75.00 and set an “equal weight” rating on the stock in a report on Friday, December 5th. Six equities research analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat, Docusign presently has a consensus rating of “Hold” and an average target price of $85.13.

Key Headlines Impacting Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Analyst/feature bullishness: Zacks published a long-form bullish take arguing DOCU is a top long-term growth stock, citing its style scores and growth potential — a narrative that can support investor interest if product execution continues. Why DocuSign (DOCU) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Product catalysts: Multiple outlets reported DocuSign’s rollout of AI-powered contract tools that summarize and simplify contracts — these features could expand DOCU beyond e-signatures into higher-value agreement automation and justify a re-rating if adoption accelerates. DocuSign’s New AI-Powered Contract Tools Might Change The Case For Investing In DocuSign (DOCU)
• Neutral Sentiment: Investor attention: Zacks noted DOCU is a “trending” stock among its users — increased search/attention can raise volatility but is not a directional fundamental driver by itself. Docusign Inc. (DOCU) Is a Trending Stock
• Negative Sentiment: Insider selling and fresh lows: DOCU’s CFO sold about $455k in stock, and multiple pieces flagged new 12‑month/52‑week lows — insider sales plus technical breakdowns typically increase downward pressure and signal short-term risk to sentiment. Insider Selling: Docusign (NASDAQ:DOCU) CFO Sells $455,000.00 in Stock Docusign (NASDAQ:DOCU) Hits New 12-Month Low on Insider Selling
• Negative Sentiment: Sector/competition risk: A MarketBeat piece flagged “agentic” AI (e.g., Claude Code) that could compress workflows and threaten middleware vendors; investors worry AI and bundling into platforms (Microsoft, Atlassian, etc.) could erode DOCU’s addressable market. (See Market commentary on sector headwinds.)
• Negative Sentiment: Security/phishing noise: A consumer write-up describing a convincing DocuSign-branded phishing scam draws attention to brand/security risk — such stories can dent enterprise confidence and slow adoption if they multiply. I Almost Fell for This DocuSign Phishing Scam

Insiders Place Their Bets

In other news, insider Robert Chatwani sold 13,818 shares of the company’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $68.33, for a total transaction of $944,183.94. Following the transaction, the insider directly owned 70,197 shares of the company’s stock, valued at $4,796,561.01. This represents a 16.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Allan C. Thygesen sold 26,250 shares of the stock in a transaction on Friday, January 9th. The shares were sold at an average price of $69.60, for a total value of $1,827,000.00. Following the sale, the chief executive officer directly owned 142,261 shares in the company, valued at $9,901,365.60. This trade represents a 15.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 78,292 shares of company stock worth $5,374,260 in the last three months. Corporate insiders own 1.01% of the company’s stock.

Docusign Stock Performance

NASDAQ:DOCU opened at $56.71 on Friday. The firm has a market cap of $11.36 billion, a P/E ratio of 39.66, a P/E/G ratio of 2.79 and a beta of 0.99. Docusign Inc. has a fifty-two week low of $56.63 and a fifty-two week high of $99.30. The firm has a 50-day simple moving average of $67.57 and a two-hundred day simple moving average of $72.42.

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.