Docusign Inc. $DOCU Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its holdings in shares of Docusign Inc. (NASDAQ:DOCU) by 68.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,716 shares of the company’s stock after selling 12,680 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Docusign were worth $412,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in DOCU. Norges Bank acquired a new position in shares of Docusign during the 2nd quarter valued at about $140,987,000. Third Point LLC purchased a new stake in Docusign in the second quarter valued at approximately $48,681,000. Jupiter Asset Management Ltd. increased its position in Docusign by 88.3% during the second quarter. Jupiter Asset Management Ltd. now owns 1,316,440 shares of the company’s stock worth $102,538,000 after purchasing an additional 617,200 shares during the last quarter. Alliancebernstein L.P. increased its position in Docusign by 132.8% during the second quarter. Alliancebernstein L.P. now owns 868,531 shares of the company’s stock worth $67,650,000 after purchasing an additional 495,380 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Docusign during the second quarter worth approximately $32,294,000. 77.64% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Docusign

In other Docusign news, CRO Paula Hansen sold 6,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $67.05, for a total value of $402,300.00. Following the completion of the sale, the executive owned 68,970 shares of the company’s stock, valued at $4,624,438.50. This trade represents a 8.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Blake Jeffrey Grayson sold 9,515 shares of Docusign stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $68.33, for a total transaction of $650,159.95. Following the sale, the chief financial officer owned 118,213 shares in the company, valued at $8,077,494.29. This represents a 7.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 78,292 shares of company stock worth $5,374,260 over the last 90 days. 1.01% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Wells Fargo & Company lowered their price objective on shares of Docusign from $85.00 to $75.00 and set an “equal weight” rating for the company in a research note on Friday, December 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Docusign in a report on Wednesday, October 8th. Wedbush lowered their price target on Docusign from $85.00 to $75.00 and set a “neutral” rating for the company in a research report on Friday, December 5th. JMP Securities restated a “market outperform” rating and issued a $124.00 price objective on shares of Docusign in a report on Friday, October 3rd. Finally, Evercore ISI decreased their target price on Docusign from $92.00 to $80.00 and set an “in-line” rating for the company in a report on Friday, December 5th. Six equities research analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $85.13.

Docusign Price Performance

Shares of NASDAQ DOCU opened at $56.71 on Friday. Docusign Inc. has a 1-year low of $56.63 and a 1-year high of $99.30. The company has a market capitalization of $11.36 billion, a price-to-earnings ratio of 39.66, a PEG ratio of 2.94 and a beta of 0.99. The business has a 50-day moving average of $67.57 and a 200-day moving average of $72.45.

Key Docusign News

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

About Docusign

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.