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FourThought Financial LLC Owns Stock in DocuSign, Inc. Valued At $951,000 

March 18, 2023
minute read

According to the most recent filing, FourThought Financial LLC filed with the Securities and Exchange Commission, it lowered its position in DocuSign, INC (NASDAQ: DOCU) by 43.6% during the third quarter of 2018. After the transaction during the time, the institutional investor was left with 17,785 shares of the company's stock after selling 13,750 shares of the company stock.

FourThought Financial LLC's holdings in DocuSign were worth $950,000 after the most recent fiscal quarter.

On January 17, DocuSign Director Daniel D. Springer sold 147,009 shares of the company's stock.

This is yet another new development.

The average price per share paid was $58.48, bringing the total amount paid for the shares to $8,597,086.32.

As a consequence of the transaction, the director has achieved direct ownership of 1,524,335 shares of company stock, with a total value of $89,143,110.80.

The public was made aware of the sale through a legal file submitted to the SEC. This exact file may be found on the SEC's website.

One of the other pieces of news revealed on Tuesday, January 17, was the statement that Director Daniel D. Springer had sold 147,009 shares of company stock.

The average price per share paid was $58.48, bringing the total amount paid for the shares to $8,597,086.32.

Following the transaction, the director will own 1,524,335 shares in the firm.

These shares are currently worth $89,143,110.80.

If you click on the link, you will be sent to a document submitted to the SEC that contains further information on the sale.

On January 19, Daniel D. Springer, a corporate director, sold 147,008 shares of the company’s stock.

On the 19th, Daniel D. Springer also sold shares.

The total profit from the selling of the shares was $8,097,200.64, which equates to $55.08 per share sold.

The transaction has resulted in the director owning a total of 1,225,714 shares in the firm.

These shares are worth roughly $67,512,327.12 based on the current market price.

This website section may contain disclosures about the transaction.

Insiders in the firm own 2.5% of the total shares owned by the company.

Several hedge funds have recently adjusted the size of their company investments, a trend observed in the most recent few months.

CoreCap Advisors LLC made numerous new investments during the second quarter, bringing the total value of the company's DocuSign holdings to roughly $93,000.

During the second quarter, NewEdge Wealth LLC boosted its DocuSign stock holdings by 51.3% of the total.

NewEdge Wealth LLC purchased 4,107 more shares of the company's stock during the most recent fiscal quarter.

As a consequence of this transaction, the company now directly owns 12,111 shares of the company's stock worth $695,000.

Tokio Marine Asset Management Co Ltd boosted its total DocuSign stock holdings by 34.5 percent during the second quarter of this year.

Tokio Marine Asset Management Co Ltd now owns 3,720 shares of the company's stock, valued at $213,000. This follows the acquisition of 954 additional shares during the most recent fiscal quarter.

This raises the company's total number of shares to 3,720.

Westpac Banking Corporation increased its position in DocuSign by 188.6% during the third quarter.

Westpac Banking Corp. now owns 55,632 shares of the company after purchasing an additional 36,353 shares during the most recent quarter.

These shares are presently worth $2,975,000 on the market.

Last but not least, during the second quarter, Caisse de Depot et Placement du Québec bought a new position in DocuSign for roughly 321,000 dollars.

The bulk of owners is institutional investors and hedge funds, who control 76.18% of the total number of shares in the firm.

As trading began on Thursday, the price of a single share of NASDAQ DOCU was $56.55.

The company's performance over the last 200 days has a moving average of $54.34, while the moving average for the last 50 days is $60.38.

The company has a price-to-earnings ratio of -115.41, a price-to-earnings-to-growth ratio of 42.07, and a beta value of 1.00.

The company's shares are worth $11.37 billion on the market. DocuSign, INC's stock price has ranged between $39.57 and $113.67 in the last year.

At various points, the price has ranged between $39.57 to $113.67.

The debt-to-equity ratio is 1.46, the quick ratio is 1.02, and the current ratio is 1.02.

Many analysts have recently provided input on DOCU shares.

UBS Group has upgraded DocuSign's shares from a "neutral" rating to a "sell" rating, and the price target has been lifted to $52.00. On February 21, the general public received a study notice.

In a research note released on Friday, March 10, Piper Sandler expressed their plan to lower their price objective for DocuSign shares from $65.00 to $60.00. Mr. Robert W.

In a research note released on Friday, March 10, Baird boosted their price target for DocuSign shares from $50.00 to $70.00.

The note was made public online. In a research note released on Friday, March 10, Wedbush raised their price target on DocuSign shares from $55.00 to $60.00 and assigned the firm a "neutral" rating. In a research note released on Friday, March 10, the Royal Bank of Canada upgraded DocuSign from "sector performs" to "outperform," and boosted their price target on the company from $53.00 to $59.00.

Three different analysts have given the company a buy recommendation, nine different analysts have given it a hold rating, and three different equity research analysts have given it a sell rating.

According to statistics gathered by the service, the current rating for DocuSign on Bloomberg.com is "Hold," and experts expect the company's price to average $62.93.

DocuSign, INC is a corporation that offers cloud-based digital signature hosting services.

These services are available from any location.

Their electronic signature technology, which is housed in the cloud, enables individuals and corporations to collect information without danger, automate data processes, and sign nearly anything.

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