Docusign CFO Grayson Blake Jeffrey sells $608,712 in stock

SAN FRANCISCO—Docusign, Inc.’s (NASDAQ:DOCU) Chief Financial Officer, Grayson Blake Jeffrey, recently executed a notable stock transaction, according to a recent SEC filing. On April 15, Jeffrey sold a total of 8,000 shares of Docusign’s common stock, generating approximately $608,712. The shares were sold at prices ranging from $75.96 to $76.34 per share, near the current trading price of $76.39. According to InvestingPro data, the company maintains impressive gross profit margins of 79.25% and carries a market capitalization of $15.48 billion.

This sale was conducted under a Rule 10b5-1 trading plan, a prearranged plan that allows company executives to sell stock at predetermined times to avoid potential conflicts of interest.

In a related transaction, Jeffrey acquired 196 shares of Docusign stock on April 4 through the company’s 2018 Employee Stock Purchase Plan. These shares were purchased at a price of $53.36 each, totaling approximately $10,458. Following these transactions, Jeffrey holds a total of 86,156 shares in the company.

Investors often scrutinize such transactions for insights into executive sentiment regarding a company’s stock valuation. For comprehensive analysis of DocuSign’s valuation and 12+ additional ProTips, explore the detailed Pro Research Report available on InvestingPro.

In other recent news, DocuSign Inc . reported notable developments in its financial performance and strategic initiatives. The company’s fourth-quarter earnings exceeded expectations, with a 9% growth in subscription revenue and significant traction in its Identity Access Management (IAM) platform, which now accounts for over 20% of new customer deals. Despite these positive outcomes, DocuSign’s fiscal year 2026 revenue guidance of 5-6% growth fell slightly below consensus estimates. UBS adjusted its price target for DocuSign to $90, maintaining a Neutral rating, while Wells Fargo (NYSE:WFC) reiterated an Underweight rating with a $73 target, citing conservative growth projections.

William Blair and Piper Sandler both maintained a Neutral stance on DocuSign, with William Blair highlighting the early but promising execution of the IAM strategy. Piper Sandler noted the strong fourth-quarter performance but advised caution due to macroeconomic uncertainties. Evercore ISI initiated coverage with an In Line rating and a $100 target, emphasizing DocuSign’s solid fiscal year 2025 performance and the strategic shift towards IAM. The company anticipates a low-double-digit percentage contribution from IAM to subscription revenue by the end of fiscal 2026, indicating a potential growth driver.

These recent developments reflect a mix of achievements and cautious outlooks from various analyst firms, focusing on DocuSign’s growth strategies and market conditions.

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