Futures lower; Tesla’s much-anticipated announcement - what’s moving markets
Director Teresa Briggs sold 364 shares of DocuSign NASDAQ:DOCU common stock on September 11, 2025, for $79.39, totaling $28,897. The transaction comes as DocuSign, currently valued at $16.14 billion, maintains impressive gross profit margins of nearly 80% and carries an overall GREAT financial health rating according to InvestingPro. Following the transaction, Briggs directly owns 9,170 shares of the company.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan.
In other recent news, DocuSign Inc. reported second-quarter results that surpassed consensus expectations, showing strong performance in revenue, subscription revenue, billings, and non-GAAP operating margin. The company also noted an improvement in its net revenue retention rate, which increased to 102% from the previous quarter’s 101%. Following these results, several investment firms adjusted their price targets for DocuSign. BofA Securities raised its target to $102 from $85, citing improved execution in DocuSign’s core eSignature business and momentum in its Identity and Access Management (IAM) business. Piper Sandler increased its price target to $90 from $85, highlighting the company’s strong performance driven by recent platform innovations. RBC Capital also raised its target to $95 from $90, maintaining a Sector Perform rating. Meanwhile, JPMorgan adjusted its price target to $80, recognizing DocuSign’s leadership in the contract-lifecycle management market. Needham maintained a Hold rating, noting improved execution under CEO Allan Thygesen’s leadership and better-than-expected performance of the new IAM solution.
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