DigitalOcean Holdings Inc (NYSE: DOCN) is -7.78% lower on its value in year-to-date trading and has touched a low of $25.45 and a high of $47.02 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DOCN stock was last observed hovering at around $30.85 in the last trading session, with the day’s gains setting it 0.57%.
Currently trading at $31.42, the stock is 7.57% and -10.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 1.85% at the moment leaves the stock -15.66% off its SMA200. DOCN registered -3.14% loss for a year compared to 6-month loss of -23.77%. The firm has a 50-day simple moving average (SMA 50) of $34.925 and a 200-day simple moving average (SMA200) of $37.25205.
The stock witnessed a -8.05% gain in the last 1 month and extending the period to 3 months gives it a -25.14%, and is 17.77% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.97% over the week and 7.95% over the month.
DigitalOcean Holdings Inc (DOCN) has around 1210 employees, a market worth around $2.88B and $780.62M in sales. Current P/E ratio is 36.14 and Fwd P/E is 14.29. Profit margin for the company is 10.82%. Distance from 52-week low is 23.46% and -33.18% from its 52-week high. The company has generated returns on investments over the last 12 months (5.98%).
with sales reaching $208.63M over the same period.The EPS is expected to shrink by -0.54% this year, but quarterly earnings will post 13.11% year-over-year. Quarterly sales are estimated to grow 12.94% in year-over-year returns.
DigitalOcean Holdings Inc (DOCN) Top Institutional Holders
394.0 institutions hold shares in DigitalOcean Holdings Inc (DOCN), with institutional investors hold 92.71% of the company’s shares. The shares outstanding are 92.23M, and float is at 61.93M with Short Float at 10.63%. Institutions hold 62.95% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.41 million shares valued at $326.93 million. The investor’s holdings represent 10.3025% of the DOCN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.92 million shares valued at $275.17 million to account for 8.6714 of the shares outstanding. The other top investors are STATE STREET CORP which holds 2.2 million shares representing 2.413% and valued at over $76.57 million, while LAZARD ASSET MANAGEMENT LLC holds 2.2549 of the shares totaling 2.06 million with a market value of $71.55 million.
DigitalOcean Holdings Inc (DOCN) Insider Activity
The most recent transaction is an insider sale by Saha Bratin, the company’s Chief Product & Tech Officer. SEC filings show that Saha Bratin sold 3,461 shares of the company’s common stock on Apr 21 ’25 at a price of $26.86 per share for a total of $92962.0. Following the sale, the insider now owns 0.39 million shares.
Still, SEC filings show that on Mar 18 ’25, Saha Bratin (Chief Product & Tech Officer) disposed off 3,948 shares at an average price of $36.63 for $0.14 million. The insider now directly holds 358,696 shares of DigitalOcean Holdings Inc (DOCN).
