Things appear to be looking up for Doximity Inc (DOCS)

Doximity Inc (NYSE: DOCS) is -1.55% lower on its value in year-to-date trading and has touched a low of $23.52 and a high of $85.21 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 DOCS stock was last observed hovering at around $58.45 in the last trading session, with the day’s loss setting it -5.89%.

Currently trading at $52.56, the stock is -8.19% and -9.32% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.81 million and changing -10.08% at the moment leaves the stock 1.93% off its SMA200. DOCS registered 123.56% gain for a year compared to 6-month loss of -9.46%.

The stock witnessed a -0.42% gain in the last 1 month and extending the period to 3 months gives it a -31.80%, and is -11.20% down 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 5.86% over the week and 4.00% over the month.

Doximity Inc (DOCS) has around 827 employees, a market worth around $9.86B and $570.40M in sales. Current P/E ratio is 47.36 and Fwd P/E is 33.60. Profit margin for the company is 39.13%. Distance from 52-week low is 123.47% and -38.32% from its 52-week high. The company has generated returns on investments over the last 12 months (20.42%).

The EPS is expected to grow by 0.45% this year.

Doximity Inc (DOCS) Top Institutional Holders

The shares outstanding are 187.64M, and float is at 129.60M with Short Float at 6.96%.

The top institutional shareholder in the company is BLACKROCK INC. with over 10.77 million shares valued at $301.12 million. The investor’s holdings represent 5.8002% of the DOCS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.55 million shares valued at $294.98 million to account for 5.682 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 6.92 million shares representing 3.7296% and valued at over $193.62 million, while WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC holds 3.4503 of the shares totaling 6.4 million with a market value of $179.12 million.

Doximity Inc (DOCS) Insider Activity

The most recent transaction is an insider sale by Wampler Kira Scherer, the company’s Director. SEC filings show that Wampler Kira Scherer sold 2,000 shares of the company’s common stock on May 01 ’25 at a price of $56.93 per share for a total of $0.11 million. Following the sale, the insider now owns 16618.0 shares.

Doximity Inc disclosed in a document filed with the SEC on May 02 ’25 that Bryson Anna (Chief Financial Officer) sold a total of 50,000 shares of the company’s common stock. The trade occurred on May 02 ’25 and was made at $60.00 per share for $3.0 million. Following the transaction, the insider now directly holds 0.36 million shares of the DOCS stock.

Still, SEC filings show that on May 01 ’25, Bryson Anna (Chief Financial Officer) disposed off 45,000 shares at an average price of $57.23 for $2.58 million. The insider now directly holds 357,165 shares of Doximity Inc (DOCS).

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