DocuSign (NASDAQ:DOCU – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.17, Briefing.com reports. The company had revenue of $736.03 million during the quarter, compared to analysts’ expectations of $727.20 million. DocuSign had a return on equity of 15.44% and a net margin of 3.81%. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 earnings per share. DocuSign updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.
DocuSign Trading Up 4.0 %
Shares of NASDAQ:DOCU opened at $59.19 on Friday. The business’s 50 day moving average is $55.44 and its 200-day moving average is $55.86. The firm has a market capitalization of $12.12 billion, a PE ratio of 113.83, a PEG ratio of 9.74 and a beta of 0.93. DocuSign has a 1-year low of $38.11 and a 1-year high of $64.76.
Insider Buying and Selling
In other DocuSign news, Director Daniel D. Springer sold 70,983 shares of the business’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $49.84, for a total value of $3,537,792.72. Following the sale, the director now owns 891,373 shares of the company’s stock, valued at approximately $44,426,030.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Daniel D. Springer sold 70,983 shares of the business’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $49.84, for a total value of $3,537,792.72. Following the sale, the director now owns 891,373 shares of the company’s stock, valued at approximately $44,426,030.32. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider James P. Shaughnessy sold 1,800 shares of the company’s stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $50.98, for a total transaction of $91,764.00. Following the completion of the sale, the insider now directly owns 35,703 shares in the company, valued at approximately $1,820,138.94. The disclosure for this sale can be found here. Insiders sold a total of 482,418 shares of company stock valued at $25,524,100 over the last ninety days. 1.66% of the stock is owned by company insiders.
Analyst Ratings Changes
Read Our Latest Stock Analysis on DOCU
About DocuSign
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.
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