DigitalOcean Holdings, Inc. $DOCN Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in DigitalOcean Holdings, Inc. (NYSE:DOCN) by 67.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 75,163 shares of the company’s stock after acquiring an additional 30,323 shares during the period. Envestnet Asset Management Inc. owned about 0.08% of DigitalOcean worth $2,568,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in DOCN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in DigitalOcean by 5.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,670 shares of the company’s stock worth $11,342,000 after purchasing an additional 16,162 shares in the last quarter. Intech Investment Management LLC grew its stake in shares of DigitalOcean by 59.2% in the first quarter. Intech Investment Management LLC now owns 39,429 shares of the company’s stock valued at $1,317,000 after buying an additional 14,655 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of DigitalOcean by 12.9% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,884 shares of the company’s stock valued at $539,000 after buying an additional 2,155 shares during the period. AlphaQuest LLC lifted its stake in DigitalOcean by 66.5% during the 2nd quarter. AlphaQuest LLC now owns 15,386 shares of the company’s stock worth $439,000 after acquiring an additional 6,145 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in DigitalOcean during the 2nd quarter valued at about $478,000. Institutional investors and hedge funds own 49.77% of the company’s stock.

DigitalOcean Stock Down 8.1%

Shares of DOCN opened at $54.46 on Friday. The company has a market capitalization of $5.01 billion, a price-to-earnings ratio of 21.53, a price-to-earnings-growth ratio of 8.33 and a beta of 1.77. DigitalOcean Holdings, Inc. has a 52-week low of $25.45 and a 52-week high of $70.43. The stock has a 50 day moving average price of $56.26 and a 200 day moving average price of $45.30.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DOCN. Wall Street Zen cut shares of DigitalOcean from a “buy” rating to a “hold” rating in a research report on Sunday, January 4th. Citigroup reiterated a “buy” rating on shares of DigitalOcean in a report on Friday, February 13th. Bank of America raised their price target on shares of DigitalOcean from $72.00 to $86.00 and gave the company a “buy” rating in a research report on Wednesday. Royal Bank Of Canada set a $60.00 price objective on DigitalOcean in a research report on Tuesday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of DigitalOcean in a report on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, DigitalOcean has an average rating of “Moderate Buy” and a consensus target price of $69.23.

Key Stories Impacting DigitalOcean

Here are the key news stories impacting DigitalOcean this week:

• Positive Sentiment: Q4 beat and AI momentum: Management reported AI-specific ARR of ~$120M, accelerating revenue growth and raised 2026 guidance — evidence the company is winning higher‑value AI/inference workloads and generating stickier platform revenue. MarketBeat: DigitalOcean’s AI Surge
• Positive Sentiment: Analyst upgrades and higher price targets: Multiple firms raised targets (examples include Barclays, Bank of America and Cantor Fitzgerald), signaling growing analyst confidence — new targets cited in the $69–$86 range. Barclays raise BofA raise Cantor Fitzgerald
• Positive Sentiment: Product / capacity expansion: Company is expanding AMD Instinct GPU capacity and institutional footprint to support inference workloads — helps control costs and supply risk vs. NVIDIA dependency. Yahoo: DigitalOcean expands AMD AI cloud
• Neutral Sentiment: Institutional expansion coverage: Reporting notes DigitalOcean is broadening its cloud infrastructure and institutional reach, which should support longer‑term growth but will require capex execution. KalkineMedia
• Neutral Sentiment: Quarterly metrics analysis available: Analysts are digging into Q4 metrics to reconcile beat/guidance with margins and unit economics — useful for modeling but not an immediate directional catalyst. Zacks Q4 analysis
• Negative Sentiment: Convertible notes hedge risk: A TipRanks analysis flags complexity around DigitalOcean’s 2030 convertible notes hedge — potential dilution, pricing and counterparty risks that could concern shareholders. TipRanks: Convertible notes hedge risk
• Negative Sentiment: Bear/bubble caution: Critics warn the current rally echoes prior cycles (valuation/speculation risks) and highlight margin/cash‑flow tradeoffs as capex ramps to meet demand. Seeking Alpha: It’s 2022 All Over Again

DigitalOcean Company Profile

DigitalOcean Holdings, Inc is a cloud infrastructure provider that focuses on simplicity, performance and developer experience. The company offers a range of cloud services designed to help software developers, startups and small- to medium-sized businesses deploy, manage and scale applications. Its flagship offering, Droplets, provides virtual private servers that can be configured with various CPU, memory and storage options. In addition to compute instances, DigitalOcean’s platform includes managed Kubernetes, scalable object and block storage, managed databases, load balancers and networking capabilities such as Virtual Private Cloud (VPC) and Floating IPs.

Founded in 2011 and headquartered in New York City, DigitalOcean was created with the goal of making cloud computing more accessible to individual developers and smaller teams.