Rotten Tomato Stocks
No Result
View All Result
  • News
    Federal Trade Commission Is Investigating ExxonMobil’s $60B Deal to Acquire a Texas Oil Company

    Federal Trade Commission Is Investigating ExxonMobil’s $60B Deal to Acquire a Texas Oil Company

    GM’s Cruise Robotaxi Service Faces Fine in Alleged Cover-Up of San Francisco Accident’s Severity

    GM’s Cruise Robotaxi Service Faces Fine in Alleged Cover-Up of San Francisco Accident’s Severity

    Another fruit company recalls cantaloupe products possibly linked to deadly outbreak

    Another fruit company recalls cantaloupe products possibly linked to deadly outbreak

    BRP Inc. Shares Tumble on 3Q Miss, Downgrade of FY24 Outlook

    BRP Inc. Shares Tumble on 3Q Miss, Downgrade of FY24 Outlook

  • NYSE
    Asana (NYSE:ASAN) Shares Gap Down on Analyst Downgrade

    Asana (NYSE:ASAN) Shares Gap Down on Analyst Downgrade

    C3.ai’s stock drops as AI software company misses on top line

    C3.ai’s stock drops as AI software company misses on top line

    Bloom Energy (NYSE:BE) Shares Down 2.9% Following Analyst Downgrade

    Bloom Energy (NYSE:BE) Shares Down 2.9% Following Analyst Downgrade

    The Chemours Company (NYSE:CC) Short Interest Down 6.6% in November

    The Chemours Company (NYSE:CC) Short Interest Down 6.6% in November

  • NASDAQ
    Netflix Inc. stock falls Wednesday, underperforms market

    Netflix Inc. stock falls Wednesday, underperforms market

    U-Haul (NASDAQ:UHAL) Downgraded by StockNews.com

    U-Haul (NASDAQ:UHAL) Downgraded by StockNews.com

    Nikola’s stock drops 16% after EV company announces equity raise, convertible debt raise

    Nikola’s stock drops 16% after EV company announces equity raise, convertible debt raise

    Gilead Sciences, Inc. (NASDAQ:GILD) Short Interest Down 7.0% in November

    Gilead Sciences, Inc. (NASDAQ:GILD) Short Interest Down 7.0% in November

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

  • News
    Federal Trade Commission Is Investigating ExxonMobil’s $60B Deal to Acquire a Texas Oil Company

    Federal Trade Commission Is Investigating ExxonMobil’s $60B Deal to Acquire a Texas Oil Company

    GM’s Cruise Robotaxi Service Faces Fine in Alleged Cover-Up of San Francisco Accident’s Severity

    GM’s Cruise Robotaxi Service Faces Fine in Alleged Cover-Up of San Francisco Accident’s Severity

    Another fruit company recalls cantaloupe products possibly linked to deadly outbreak

    Another fruit company recalls cantaloupe products possibly linked to deadly outbreak

    BRP Inc. Shares Tumble on 3Q Miss, Downgrade of FY24 Outlook

    BRP Inc. Shares Tumble on 3Q Miss, Downgrade of FY24 Outlook

  • NYSE
    Asana (NYSE:ASAN) Shares Gap Down on Analyst Downgrade

    Asana (NYSE:ASAN) Shares Gap Down on Analyst Downgrade

    C3.ai’s stock drops as AI software company misses on top line

    C3.ai’s stock drops as AI software company misses on top line

    Bloom Energy (NYSE:BE) Shares Down 2.9% Following Analyst Downgrade

    Bloom Energy (NYSE:BE) Shares Down 2.9% Following Analyst Downgrade

    The Chemours Company (NYSE:CC) Short Interest Down 6.6% in November

    The Chemours Company (NYSE:CC) Short Interest Down 6.6% in November

  • NASDAQ
    Netflix Inc. stock falls Wednesday, underperforms market

    Netflix Inc. stock falls Wednesday, underperforms market

    U-Haul (NASDAQ:UHAL) Downgraded by StockNews.com

    U-Haul (NASDAQ:UHAL) Downgraded by StockNews.com

    Nikola’s stock drops 16% after EV company announces equity raise, convertible debt raise

    Nikola’s stock drops 16% after EV company announces equity raise, convertible debt raise

    Gilead Sciences, Inc. (NASDAQ:GILD) Short Interest Down 7.0% in November

    Gilead Sciences, Inc. (NASDAQ:GILD) Short Interest Down 7.0% in November

  • OTC
    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    China Eastern Airlines 3Q Loss Widens on Low Travel Demand

    Corus Entertainment 4Q Profit Falls

    Corus Entertainment 4Q Profit Falls

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Nintendo Co. Ltd. ADR falls Monday, still outperforms market

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

    Ocado Group PLC Revenue of Ocado Retail in Q3 Fell 10.6%

  • TSX
    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    S&P/TSX composite falls on drop in materials sector, loonie tops 81 cents US

    Bitcoin Is Falling: Should You Buy the Dip?

    Bitcoin Is Falling: Should You Buy the Dip?

    CN Rail Stock Is So Undervalued That it’s Absurd

    CN Rail Stock Is So Undervalued That it’s Absurd

No Result
View All Result
Rotten Tomato Stocks
No Result
View All Result

DocuSign (NASDAQ:DOCU) Shares Gap Down After Analyst Downgrade

Editorial Staff by Editorial Staff
March 14, 2023
0
DocuSign (NASDAQ:DOCU) Shares Gap Down After Analyst Downgrade

DocuSign, Inc. (NASDAQ:DOCU – Get Rating)’s stock price gapped down before the market opened on Friday after Bank of America lowered their price target on the stock from $72.00 to $68.00. The stock had previously closed at $64.41, but opened at $53.71. DocuSign shares last traded at $51.38, with a volume of 5,379,802 shares.

Several other research firms have also recently issued reports on DOCU. Wolfe Research raised DocuSign from an “underperform” rating to a “peer perform” rating in a research report on Thursday, February 23rd. JPMorgan Chase & Co. lowered DocuSign from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from $58.00 to $48.00 in a report on Friday. UBS Group cut shares of DocuSign from a “neutral” rating to a “sell” rating and set a $52.00 price objective on the stock. in a research note on Tuesday, February 21st. Wells Fargo & Company reduced their target price on DocuSign from $65.00 to $60.00 in a report on Friday. Finally, Jefferies Financial Group upped their price target on DocuSign from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, DocuSign currently has an average rating of “Hold” and a consensus price target of $62.57.

Insider Activity at DocuSign

In other news, Director Daniel D. Springer sold 147,008 shares of the company’s stock in a transaction that occurred on Thursday, January 19th. The stock was sold at an average price of $55.08, for a total value of $8,097,200.64. Following the transaction, the director now owns 1,225,714 shares of the company’s stock, valued at $67,512,327.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Daniel D. Springer sold 147,008 shares of the business’s stock in a transaction dated Thursday, January 19th. The stock was sold at an average price of $55.08, for a total transaction of $8,097,200.64. Following the sale, the director now directly owns 1,225,714 shares in the company, valued at $67,512,327.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Daniel D. Springer sold 147,009 shares of the company’s stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $58.48, for a total transaction of $8,597,086.32. Following the completion of the sale, the director now directly owns 1,524,335 shares in the company, valued at $89,143,110.80. The disclosure for this sale can be found here. 2.55% of the stock is owned by company insiders.

Institutional Trading of DocuSign

A number of large investors have recently bought and sold shares of DOCU. MetLife Investment Management LLC bought a new stake in shares of DocuSign in the 1st quarter valued at about $1,337,000. Raymond James Trust N.A. lifted its position in DocuSign by 27.3% during the first quarter. Raymond James Trust N.A. now owns 4,206 shares of the company’s stock valued at $450,000 after buying an additional 901 shares during the period. Sei Investments Co. boosted its stake in DocuSign by 21.8% during the first quarter. Sei Investments Co. now owns 177,214 shares of the company’s stock worth $18,934,000 after acquiring an additional 31,769 shares in the last quarter. National Pension Service boosted its position in shares of DocuSign by 25.9% in the 1st quarter. National Pension Service now owns 347,633 shares of the company’s stock worth $37,238,000 after purchasing an additional 71,449 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of DocuSign by 20.3% in the first quarter. Vanguard Group Inc. now owns 17,308,877 shares of the company’s stock worth $1,854,127,000 after acquiring an additional 2,917,683 shares during the last quarter. 76.18% of the stock is owned by hedge funds and other institutional investors.

DocuSign Stock Performance

The firm has a market capitalization of $10.51 billion, a P/E ratio of -79.36, a price-to-earnings-growth ratio of 132.26 and a beta of 1.00. The business’s 50 day simple moving average is $60.56 and its two-hundred day simple moving average is $54.59. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.46.

DocuSign (NASDAQ:DOCU – Get Rating) last released its quarterly earnings results on Thursday, December 8th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.13. DocuSign had a negative return on equity of 18.86% and a negative net margin of 5.45%. The firm had revenue of $645.46 million for the quarter, compared to the consensus estimate of $626.07 million. Sell-side analysts anticipate that DocuSign, Inc. will post -0.1 EPS for the current fiscal year.

DocuSign Company Profile

DocuSign, Inc provides cloud-based electronic signature solutions. Its cloud based electronic signature platform helps companies and individuals securely collect information, automate data workflows and sign anything. The firm automates manual, paper-based processes allowing users to manage all aspects of documented business transactions including identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage.

Related Posts

Netflix Inc. stock falls Wednesday, underperforms market
NASDAQ

Netflix Inc. stock falls Wednesday, underperforms market

December 6, 2023
U-Haul (NASDAQ:UHAL) Downgraded by StockNews.com
NASDAQ

U-Haul (NASDAQ:UHAL) Downgraded by StockNews.com

December 6, 2023
Nikola’s stock drops 16% after EV company announces equity raise, convertible debt raise
NASDAQ

Nikola’s stock drops 16% after EV company announces equity raise, convertible debt raise

December 6, 2023
Gilead Sciences, Inc. (NASDAQ:GILD) Short Interest Down 7.0% in November
NASDAQ

Gilead Sciences, Inc. (NASDAQ:GILD) Short Interest Down 7.0% in November

December 5, 2023
Load More
Next Post
FuelCell Energy Inc. stock falls Tuesday, underperforms market

FuelCell Energy Inc. stock falls Tuesday, underperforms market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

POPULAR NEWS

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky

April 14, 2021
CN Rail Stock Is So Undervalued That it’s Absurd

CN Rail Stock Is So Undervalued That it’s Absurd

May 2, 2021
Bitcoin Is Falling: Should You Buy the Dip?

Bitcoin Is Falling: Should You Buy the Dip?

May 3, 2021
Corus Entertainment 4Q Profit Falls

Corus Entertainment 4Q Profit Falls

October 22, 2021
US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

US Seeks to Fine Air Canada $25.5 Million Over Slow Refunds

June 17, 2021

EDITOR'S PICK

ON Semiconductor (NASDAQ:ON) Seems To Use Debt Rather Sparingly

ON Semiconductor (NASDAQ:ON) Seems To Use Debt Rather Sparingly

October 5, 2022
Wall Street Dips as Markets Fall Worldwide on Worries About Banks, Economy

Wall Street Dips as Markets Fall Worldwide on Worries About Banks, Economy

August 8, 2023
Is BlackLine (NASDAQ:BL) Using Too Much Debt?

Is BlackLine (NASDAQ:BL) Using Too Much Debt?

January 16, 2022
Mullen Automotive’s stock sinks toward another record low after Nasdaq’s delisting determination

Mullen Automotive’s stock sinks toward another record low after Nasdaq’s delisting determination

September 7, 2023

Stay Updated

Get breaking news delivered straight into your inbox

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Rotten Tomato stocks is a wholly-owned subsidiary of Grainne Capital Limited.
While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Rotten Tomato Stocks cover the companies and markets that are declining, failing or headed for disaster. We help investors spot the down tends and recognize when something smells rotten.

RECENT POSTS

Federal Trade Commission Is Investigating ExxonMobil’s $60B Deal to Acquire a Texas Oil Company

Asana (NYSE:ASAN) Shares Gap Down on Analyst Downgrade

C3.ai’s stock drops as AI software company misses on top line

POPULAR POSTS

Bloom Energy (NYSE:BE) Shares Down 2.9% Following Analyst Downgrade

Netflix Inc. stock falls Wednesday, underperforms market

U-Haul (NASDAQ:UHAL) Downgraded by StockNews.com

© Copyright 2023 RottenTomatoStocks. All Rights Reserved 

Disclaimer | Privacy Policy

No Result
View All Result
  • HOME
  • NEWS
  • NYSE
  • NASDAQ
  • OTC
  • TSX

© 2021 RottenTomatoStocks.com

error: Content is protected !!
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.