<div id="readability-page-1"><p>Docusign Inc. (NASDAQ:DOCU - Get Free Report) insider Robert Chatwani sold 1,683 shares of the business's stock in a transaction on Monday, December 15th. The stock was sold at an average price of $70.87, for a total transaction of $119,274.21. Following the completion of the sale, the insider owned 68,496 shares in the company, valued at $4,854,311.52. This represents a 2.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.</p><ul><li>Why DocuSign Could Be a SaaS Value Play After Q2 Earnings</li></ul><p>Robert Chatwani also recently made the following trade(s): </p><ul><li>On Wednesday, December 17th, Robert Chatwani sold 13,818 shares of Docusign stock. The stock was sold at an average price of $68.33, for a total transaction of $944,183.94. </li><li>On Thursday, December 11th, Robert Chatwani sold 983 shares of Docusign stock. The stock was sold at an average price of $68.62, for a total value of $67,453.46. </li></ul><h2>Docusign Price Performance</h2><p>NASDAQ DOCU traded up $0.21 during midday trading on Wednesday, hitting $67.79. 2,888,432 shares of the company traded hands, compared to its average volume of 2,759,651. The company has a market cap of $13.58 billion, a PE ratio of 47.41, a price-to-earnings-growth ratio of 3.42 and a beta of 0.98. The company's 50-day simple moving average is $68.97 and its 200-day simple moving average is $74.21. Docusign Inc. has a 52 week low of $63.41 and a 52 week high of $99.71. </p><h2>Analyst Ratings Changes</h2><ul><li>Snag These 3 Bargain Tech Stocks Before They Pop</li></ul><p>Several equities research analysts have weighed in on the company. Wall Street Zen raised Docusign from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, September 13th. Evercore ISI cut their price objective on Docusign from $92.00 to $80.00 and set an &#34;in-line&#34; rating for the company in a research report on Friday, December 5th. Robert W. Baird cut their target price on shares of Docusign from $90.00 to $75.00 and set a &#34;neutral&#34; rating on the stock in a research note on Friday, December 5th. JPMorgan Chase &amp; Co. dropped their target price on Docusign from $80.00 to $78.00 and set a &#34;neutral&#34; rating on the stock in a report on Friday, December 5th. Finally, Argus  reaffirmed a &#34;hold&#34; rating on shares of Docusign in a report on Monday, September 8th. Six investment 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, Docusign currently has an average rating of &#34;Hold&#34; and a consensus price target of $86.80.</p><p><b>Check Out Our Latest Stock Analysis on DOCU</b></p><h2>Institutional Trading of Docusign</h2><ul><li>3 Stocks With Major Buyback Power: AI &amp; Auto in Focus</li></ul><p>Several large investors have recently bought and sold shares of DOCU. HighTower Advisors LLC grew its stake in  Docusign by 15.2% in the first quarter. HighTower Advisors LLC now owns 45,690 shares of the company's stock worth $3,719,000 after purchasing an additional 6,013 shares in the last quarter.  Aberdeen Group plc lifted its holdings in shares of  Docusign by 130.0% in the first quarter. Aberdeen Group plc now owns 108,969 shares of the company's stock valued at $8,870,000 after buying an additional 61,598 shares during the period.  Ethic Inc. boosted its holdings in  Docusign by 281.8% during the first quarter. Ethic Inc. now owns 14,485 shares of the company's stock worth $1,198,000 after buying an additional 10,691 shares in the last quarter.  Raymond James Financial Inc. raised its holdings in  Docusign by 5.1% during the 1st quarter. Raymond James Financial Inc. now owns 449,139 shares of the company's stock worth $36,560,000 after buying an additional 21,640 shares during the period.  Finally, Corient IA LLC purchased a new position in shares of  Docusign during the first quarter valued at $204,000. Institutional investors and hedge funds own  77.64% of the company's stock. </p><h2>Docusign Company Profile</h2> (Get Free Report)<p>DocuSign, Inc provides electronic signature solution in the United States and internationally. The company provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Docusign</li><li>What is the Hang Seng index?  </li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>Why Understanding Call Option Volume is Essential to Successful Options Trading</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li><li>How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?</li><li>Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RE9DVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/InsiderTradesChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RE9DVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Docusign Right Now?</h2><p>Before you consider Docusign, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Docusign wasn't on the list.</p><p>While Docusign currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

DOCU

<p>Docusign Inc. insider Robert Chatwani sold 1,683 shares for $119,274.21, reducing his position by 2.40%. The sale was disclosed in an SEC filing. Chatwani also sold additional shares on December 11th and 17th. Docusign's stock has been rated 'Hold' by analysts, with a consensus price target of $86.80. Institutional investors hold 77.64% of the company's stock.</p>

Docusign (NASDAQ:DOCU) Insider Sells $119,274.21 in Stock