DigitalOcean Holdings Inc (NYSE: DOCN) is -15.53% 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 $30.22 in the last trading session, with the day’s loss setting it -1.44%.
Currently trading at $28.78, the stock is -5.96% and -8.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing -4.77% at the moment leaves the stock -22.43% off its SMA200. DOCN registered -22.22% loss for a year compared to 6-month loss of -21.90%. The firm has a 50-day simple moving average (SMA 50) of $31.58 and a 200-day simple moving average (SMA200) of $37.1037.
The stock witnessed a 7.87% gain in the last 1 month and extending the period to 3 months gives it a -33.13%, and is -7.82% 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 3.47% over the week and 4.71% over the month.
DigitalOcean Holdings Inc (DOCN) has around 1210 employees, a market worth around $2.62B and $806.59M in sales. Current P/E ratio is 26.36 and Fwd P/E is 14.27. Profit margin for the company is 13.46%. Distance from 52-week low is 13.08% and -38.79% from its 52-week high. The company has generated returns on investments over the last 12 months (7.55%).
The EPS is expected to grow by 1.57% this year
421.0 institutions hold shares in DigitalOcean Holdings Inc (DOCN), with institutional investors hold 92.87% of the company’s shares. The shares outstanding are 91.22M, and float is at 61.40M with Short Float at 10.07%. Institutions hold 65.22% 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 May 20 ’25 at a price of $30.20 per share for a total of $0.1 million. Following the sale, the insider now owns 0.39 million shares.
Still, SEC filings show that on Apr 21 ’25, Saha Bratin (Chief Product & Tech Officer) disposed off 3,461 shares at an average price of $26.86 for $92962.0. The insider now directly holds 394,367 shares of DigitalOcean Holdings Inc (DOCN).
