BlackRock Discloses 10.0% Stake in DocuSign as of Dec 31, 2023

TL;DR

**BlackRock owns 10% of DocuSign, a big vote of confidence!**

AI Summary

BlackRock, Inc. reported on January 29, 2024, that as of December 31, 2023, it beneficially owns 20,410,539 shares of DocuSign, Inc. Common Stock. This represents a 10.0% ownership stake in the company. This filing is important for investors as it signals that a major institutional investor like BlackRock maintains a significant position in DocuSign, which can be interpreted as a vote of confidence in the company's future prospects.

Why It Matters

This filing shows that a major institutional investor, BlackRock, holds a substantial stake in DocuSign, indicating their continued belief in the company's value.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and risk.

Analyst Insight

A smart investor would view BlackRock's significant 10.0% stake as a positive signal, suggesting confidence in DocuSign's long-term prospects, and might consider further research into DocuSign's fundamentals.

Key Numbers

• 20,410,539 — Shares Beneficially Owned (Represents BlackRock's total ownership in DocuSign.)
• 10.0% — Percentage of Class Owned (Indicates BlackRock's significant influence as a shareholder.)

Key Players & Entities

• BlackRock, Inc. (company) — reporting person and beneficial owner
• DOCUSIGN, INC. (company) — subject company (issuer)
• 20,410,539 (dollar_amount) — number of shares beneficially owned
• 10.0% (dollar_amount) — percentage of class owned
• December 31, 2023 (person) — date of event requiring filing

Forward-Looking Statements

• BlackRock will maintain a significant stake in DocuSign, signaling continued institutional confidence. (BlackRock, Inc.) — high confidence, target: Q2 2024

FAQ

From the Filing

0001086364-24-005151.txt : 20240129 0001086364-24-005151.hdr.sgml : 20240129 20240129152630 ACCESSION NUMBER: 0001086364-24-005151 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240129 DATE AS OF CHANGE: 20240129 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DOCUSIGN, INC. CENTRAL INDEX KEY: 0001261333 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 912183967 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-90909 FILM NUMBER: 24573207 BUSINESS ADDRESS: STREET 1: 221 MAIN ST., SUITE 1550 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-489-4940 MAIL ADDRESS: STREET 1: 221 MAIN ST., SUITE 1550 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: DOCUSIGN INC DATE OF NAME CHANGE: 20030826 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G 1 us2561631068_012924.txt us2561631068_012924.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: ) DOCUSIGN, INC. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 256163106 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 256163106 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 12009334 (6) Shared voting power 0 (7) Sole dispositive power 13313586 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 13313586 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 6.5% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- DOCUSIGN, INC. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 221 MAIN ST., SUITE 1550 SAN FRANCISCO CA 94105 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or princ