DigitalOcean (NASDAQ:DOCN – Get Free Report) and Rackspace Technology (NASDAQ:RXT – Get Free Report) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, institutional ownership, valuation, dividends, risk, analyst recommendations and earnings. Profitability This table compares DigitalOcean and Rackspace […]
Graham Capital Management L.P. bought a new position in shares of DigitalOcean Holdings, Inc. (NASDAQ:DOCN – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 38,718 shares of the company’s stock, valued at approximately $1,554,000. Other hedge […]
Oppenheimer upgraded shares of DigitalOcean (NASDAQ:DOCN – Free Report) from a market perform rating to an outperform rating in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports. Oppenheimer currently has $37.00 target price on the stock. DOCN has been the topic of a number of other research reports. Bank of America […]
DigitalOcean Holdings, Inc. (NASDAQ:DOCN – Get Free Report) CEO Yancey L. Spruill sold 149,704 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $28.89, for a total value of $4,324,948.56. Following the completion of the transaction, the chief executive officer now owns 4,699,067 […]
DigitalOcean (NASDAQ:DOCN – Get Free Report) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided EPS guidance of $0.36 to $0.37 for the period, compared to the consensus EPS estimate of $0.37. The company issued revenue guidance of $178 million, compared to the consensus revenue estimate of $175.16 million. […]