Park Avenue Securities LLC Takes Position in Docusign Inc. $DOCU

Park Avenue Securities LLC acquired a new position in shares of Docusign Inc. (NASDAQ:DOCU) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 15,154 shares of the company’s stock, valued at approximately $1,092,000.

Several other institutional investors also recently bought and sold shares of DOCU. Asset Management One Co. Ltd. increased its position in shares of Docusign by 1.1% during the third quarter. Asset Management One Co. Ltd. now owns 77,697 shares of the company’s stock worth $5,601,000 after purchasing an additional 883 shares in the last quarter. Gateway Investment Advisers LLC purchased a new position in Docusign during the 3rd quarter worth $821,000. GraniteShares Advisors LLC grew its stake in Docusign by 13.4% during the 3rd quarter. GraniteShares Advisors LLC now owns 5,979 shares of the company’s stock worth $431,000 after buying an additional 705 shares during the last quarter. SJS Investment Consulting Inc. increased its position in Docusign by 5,318.2% during the 3rd quarter. SJS Investment Consulting Inc. now owns 596 shares of the company’s stock valued at $43,000 after buying an additional 585 shares in the last quarter. Finally, Cascade Financial Partners LLC purchased a new stake in Docusign in the third quarter valued at about $303,000. 77.64% of the stock is currently owned by institutional investors and hedge funds.

Docusign Trading Down 5.6%

Shares of NASDAQ:DOCU opened at $64.51 on Wednesday. Docusign Inc. has a 12-month low of $63.41 and a 12-month high of $99.30. The business has a 50 day moving average of $68.21 and a two-hundred day moving average of $72.77. The company has a market capitalization of $12.92 billion, a PE ratio of 45.11, a PEG ratio of 3.37 and a beta of 0.99.

Key Stories Impacting Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: New AI features could drive product-led revenue expansion by reducing signer friction and automating contract prep, improving ARPU and retention potential. Docusign’s New AI Translates Legalese and Does Your Contract Busywork
• Positive Sentiment: Press and coverage (Fast Company) highlight the product utility for signers — positive for adoption and top-line traction if enterprise uptake follows. Docusign’s AI will now help you understand what you’re signing
• Positive Sentiment: Investor bullishness in research (Seeking Alpha upgrade) cites strong integrations, improving GAAP profitability, net cash balance sheet and aggressive buybacks — all supportive of shareholder value if execution continues. Docusign: It’s Not The E-Signatures, It’s The Integrations (And I’m Buying)
• Neutral Sentiment: Valuation pieces assess the AI release versus DOCU’s current multiples; analysts note upside depends on measurable revenue/ARPU gains — outcome uncertain. Assessing DocuSign (DOCU) Valuation After New AI Powered eSignature Tools Announcement
• Neutral Sentiment: Longer-term performance review notes a ~74.9% five‑year share-price decline, which frames DOCU as a value/turnaround candidate for some investors but not a clear buy for all. Is DocuSign (DOCU) Offering Value After A 74.9% Five Year Share Price Decline
• Neutral Sentiment: Reported short‑interest data in the feed appears unreliable/insignificant and is not currently a material driver of price action. (No meaningful days‑to‑cover signal.)
• Negative Sentiment: Insider selling: CEO Allan Thygesen sold 26,250 shares and CFO Blake Grayson sold 6,500 shares on Jan. 9 — these disclosures can pressure sentiment even if sales are routine. SEC Form 4 – Thygesen
• Negative Sentiment: Headline coverage (MSN) ties today’s decline to investor caution — AI announcement not yet offsetting concerns about valuation, execution risk and insider sales. Why DocuSign (DOCU) stock is falling today

Analyst Upgrades and Downgrades

DOCU has been the topic of a number of research analyst reports. JPMorgan Chase & Co. dropped their price target on Docusign from $80.00 to $78.00 and set a “neutral” rating on the stock in a research note on Friday, December 5th. JMP Securities reissued a “market outperform” rating and set a $124.00 target price on shares of Docusign in a research report on Friday, October 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Docusign in a research note on Wednesday, October 8th. Robert W. Baird lowered their price objective on shares of Docusign from $90.00 to $75.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Finally, Bank of America dropped their price objective on shares of Docusign from $102.00 to $82.00 and set a “neutral” rating on the stock in a report on Friday, December 5th. Six investment analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $85.13.

Insider Activity at Docusign

In other Docusign news, CFO Blake Jeffrey Grayson sold 6,500 shares of the stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $70.00, for a total transaction of $455,000.00. Following the transaction, the chief financial officer owned 111,713 shares in the company, valued at approximately $7,819,910. This represents a 5.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Robert Chatwani sold 13,818 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $68.33, for a total value of $944,183.94. Following the completion of the sale, the insider owned 70,197 shares of the company’s stock, valued at $4,796,561.01. This trade represents a 16.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 78,292 shares of company stock valued at $5,374,260 in the last quarter. 1.66% of the stock is currently owned by insiders.

Docusign 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.