122,624 Shares in DigitalOcean Holdings, Inc. $DOCN Purchased by Wealth High Governance Capital Ltda

Wealth High Governance Capital Ltda purchased a new position in DigitalOcean Holdings, Inc. (NYSE:DOCN) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 122,624 shares of the company’s stock, valued at approximately $10,519,000. DigitalOcean comprises 3.2% of Wealth High Governance Capital Ltda’s investment portfolio, making the stock its 12th largest position.

Several other hedge funds have also recently bought and sold shares of DOCN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of DigitalOcean by 5.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,670 shares of the company’s stock worth $11,342,000 after buying an additional 16,162 shares during the period. Intech Investment Management LLC grew its holdings in DigitalOcean by 59.2% during the first quarter. Intech Investment Management LLC now owns 39,429 shares of the company’s stock worth $1,317,000 after acquiring an additional 14,655 shares during the period. Amundi raised its holdings in shares of DigitalOcean by 126,552.2% in the 2nd quarter. Amundi now owns 29,130 shares of the company’s stock worth $827,000 after purchasing an additional 29,107 shares in the last quarter. Jump Financial LLC acquired a new stake in shares of DigitalOcean during the 2nd quarter valued at $3,212,000. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of DigitalOcean by 69.7% during the second quarter. Qube Research & Technologies Ltd now owns 414,643 shares of the company’s stock valued at $11,842,000 after purchasing an additional 170,339 shares during the last quarter. 49.77% of the stock is currently owned by institutional investors.

DigitalOcean Trading Down 0.2%

Shares of DigitalOcean stock opened at $117.28 on Monday. DigitalOcean Holdings, Inc. has a 52-week low of $25.56 and a 52-week high of $187.50. The firm has a market capitalization of $12.24 billion, a PE ratio of 51.22 and a beta of 1.61. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.46 and a quick ratio of 1.46. The company’s fifty day moving average price is $147.24 and its two-hundred day moving average price is $106.42.

DigitalOcean (NYSE:DOCN) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.17. DigitalOcean had a net margin of 24.97% and a return on equity of 88.86%. The company had revenue of $257.90 million during the quarter, compared to the consensus estimate of $249.76 million. During the same period last year, the firm earned $0.56 EPS. The firm’s revenue for the quarter was up 22.4% compared to the same quarter last year. DigitalOcean has set its Q2 2026 guidance at 0.200-0.230 EPS and its FY 2026 guidance at 1.100-1.200 EPS. On average, analysts expect that DigitalOcean Holdings, Inc. will post 0.57 EPS for the current year.

Insider Activity

In other DigitalOcean news, Director Hilary Schneider sold 4,338 shares of DigitalOcean stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $156.38, for a total transaction of $678,376.44. Following the sale, the director directly owned 24,323 shares of the company’s stock, valued at approximately $3,803,630.74. The trade was a 15.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Matt Steinfort sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $152.50, for a total value of $3,812,500.00. Following the completion of the sale, the chief financial officer owned 573,272 shares in the company, valued at approximately $87,423,980. This represents a 4.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 39,338 shares of company stock valued at $6,191,576 in the last three months. Company insiders own 0.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on DOCN. Robert W. Baird began coverage on shares of DigitalOcean in a research note on Tuesday, July 21st. They issued an “outperform” rating and a $165.00 price objective for the company. Canaccord Genuity Group restated a “buy” rating and issued a $200.00 price objective on shares of DigitalOcean in a report on Friday, July 10th. Piper Sandler raised their target price on DigitalOcean from $98.00 to $155.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Barclays dropped their price target on shares of DigitalOcean from $184.00 to $160.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 21st. Finally, Bank of America boosted their price objective on DigitalOcean from $103.00 to $107.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, DigitalOcean currently has an average rating of “Moderate Buy” and a consensus target price of $151.93.

DigitalOcean Company Profile

DigitalOcean Holdings, Inc is a cloud infrastructure provider that focuses on simplicity, performance and developer experience. The company offers a range of cloud services designed to help software developers, startups and small- to medium-sized businesses deploy, manage and scale applications. Its flagship offering, Droplets, provides virtual private servers that can be configured with various CPU, memory and storage options. In addition to compute instances, DigitalOcean’s platform includes managed Kubernetes, scalable object and block storage, managed databases, load balancers and networking capabilities such as Virtual Private Cloud (VPC) and Floating IPs.

Founded in 2011 and headquartered in New York City, DigitalOcean was created with the goal of making cloud computing more accessible to individual developers and smaller teams.