Ameritas Advisory Services LLC Has $1.11 Million Stock Holdings in Docusign Inc. $DOCU

Key Points

• Ameritas Advisory Services increased its DocuSign position by 225.5% in the second quarter, bringing its holdings to 25,109 shares valued at approximately $1.11 million. Institutional investors and hedge funds collectively own 77.64% of DOCU.
• DocuSign’s latest quarterly results exceeded expectations, with EPS of $1.16 versus $1.09 expected and revenue of $875.75 million versus $867.22 million forecast. Revenue rose 9.4% year over year, while the company highlighted continued AI adoption and growth of its Intelligent Agreement Management platform.
• Analyst sentiment remains cautious despite higher price targets, with the stock carrying a consensus “Hold” rating and a $67.33 average target. Meanwhile, insiders have sold 135,602 shares worth about $7.4 million over the past three months.

Ameritas Advisory Services LLC increased its position in shares of Docusign Inc. (NASDAQ:DOCU - Free Report) by 225.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,109 shares of the company's stock after buying an additional 17,395 shares during the quarter. Ameritas Advisory Services LLC's holdings in Docusign were worth $1,115,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in DOCU. NewEdge Advisors LLC raised its holdings in Docusign by 36.4% during the first quarter. NewEdge Advisors LLC now owns 9,202 shares of the company's stock worth $749,000 after buying an additional 2,457 shares during the last quarter. Guggenheim Capital LLC grew its holdings in shares of Docusign by 6.7% during the second quarter. Guggenheim Capital LLC now owns 11,543 shares of the company's stock valued at $899,000 after buying an additional 729 shares during the last quarter. State Street Corp increased its position in shares of Docusign by 3.0% during the second quarter. State Street Corp now owns 8,074,976 shares of the company's stock worth $628,960,000 after acquiring an additional 236,494 shares in the last quarter. Sei Investments Co. increased its position in shares of Docusign by 60.7% during the second quarter. Sei Investments Co. now owns 40,386 shares of the company's stock worth $3,146,000 after acquiring an additional 15,247 shares in the last quarter. Finally, Treasurer of the State of North Carolina raised its holdings in shares of Docusign by 51.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 189,178 shares of the company's stock worth $14,735,000 after acquiring an additional 63,911 shares during the last quarter. 77.64% of the stock is owned by institutional investors and hedge funds.

Key Docusign News

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Docusign announced a “Where Deals Get Done” partnership with Stephen Curry’s UNDERRATED Golf, potentially strengthening brand visibility and customer engagement. Stephen Curry's UNDERRATED Golf and Docusign Partnership
• Positive Sentiment: Management highlighted continued artificial-intelligence adoption and said the Intelligent Agreement Management platform now represents 15.1% of annual recurring revenue. Strong enterprise adoption and expanding platform usage support the longer-term growth case. Docusign Q2 2027 Earnings Call Transcript
• Positive Sentiment: Docusign’s latest quarterly results exceeded expectations, with earnings per share of $1.16 versus a $1.09 consensus estimate and revenue of $875.75 million versus $867.22 million expected. Revenue grew 9.4% year over year, while margin improvement and stronger cash flow also supported the investment narrative. Docusign Earnings Results

Insider Buying and Selling at Docusign

In other Docusign news, CFO Blake Grayson sold 15,000 shares of Docusign stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $65.57, for a total value of $983,550.00. Following the sale, the chief financial officer owned 81,429 shares of the company's stock, valued at approximately $5,339,299.53. The trade was a 15.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Allan Thygesen sold 26,250 shares of the business's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $46.02, for a total transaction of $1,208,025.00. Following the completion of the transaction, the chief executive officer owned 159,038 shares in the company, valued at approximately $7,318,928.76. The trade was a 14.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 135,602 shares of company stock valued at $7,407,299 in the last three months. 0.59% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada raised their price target on shares of Docusign from $55.00 to $70.00 and gave the company a "sector perform" rating in a research report on Friday, September 4th. Jefferies Financial Group boosted their price objective on Docusign from $45.00 to $50.00 and gave the stock a "hold" rating in a report on Friday, June 5th. Bank of America increased their price objective on Docusign from $58.00 to $64.00 and gave the stock an "underperform" rating in a research note on Friday, September 4th. UBS Group raised their target price on Docusign from $54.00 to $70.00 and gave the company a "neutral" rating in a report on Friday, September 4th. Finally, BTIG Research lifted their target price on Docusign from $60.00 to $75.00 and gave the company a "buy" rating in a research report on Wednesday, September 2nd. Three equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Docusign currently has a consensus rating of "Hold" and a consensus price target of $67.33.

Docusign Trading Up 2.1%

Shares of Docusign stock opened at $65.80 on Friday. The business's fifty day simple moving average is $57.35 and its 200 day simple moving average is $50.50. The firm has a market capitalization of $12.30 billion, a P/E ratio of 40.12, a price-to-earnings-growth ratio of 2.44 and a beta of 0.90. Docusign Inc. has a 12 month low of $40.16 and a 12 month high of $86.65.

Docusign (NASDAQ:DOCU - Get Free Report) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $1.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.09 by $0.07. The firm had revenue of $875.75 million during the quarter, compared to the consensus estimate of $867.22 million. Docusign had a return on equity of 18.29% and a net margin of 9.82%.The business's revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.30 EPS. Analysts predict that Docusign Inc. will post 2.09 EPS for the current fiscal year.

Docusign Company Profile

DocuSign, Inc is a provider of digital agreement management and electronic signature solutions. Its platform enables individuals and organizations to prepare, send, sign, manage and store agreements electronically, helping businesses replace paper-based contracting processes with digital workflows.

The company's products and services include DocuSign eSignature, which supports electronic signing and authentication, as well as tools for contract lifecycle management, agreement preparation, identity verification, notarial services and workflow automation.

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