On December 2, 2024, Allan Thygesen, President and Chief Executive Officer of DocuSign Inc (DOCU, Financial), sold 7,763 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 100,062 shares of the company.
DocuSign Inc (DOCU) is a company that provides electronic signature technology and digital transaction management services for facilitating electronic exchanges of contracts and signed documents. The company operates in the software industry and is known for its cloud-based platform that allows users to sign, send, and manage documents securely.
The insider transaction history for DocuSign Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 36 insider sells over the same timeframe. Over the past year, Allan Thygesen has sold 185,500 shares in total and purchased 0 shares in total.
Shares of DocuSign Inc were trading for $80.54 apiece on the day of Allan Thygesen’s recent sale. This gives the stock a market cap of $16.329 billion. The price-earnings ratio is 16.97, which is lower than the industry median of 26.955 and lower than the company’s historical median price-earnings ratio.
With a price of $80.54 and a GuruFocus Value of $63.02, DocuSign Inc has a price-to-GF-Value ratio of 1.28. This means the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- Future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
