DOCN Chief Product & Tech Officer sells 41,541 shares at $29.49 (now $30.07); -27.6% over 90 days post-prior sales
Saha Bratin sold 41,541 shares of DigitalOcean for $1,225,044.09 on 2025-06-03, reducing holdings by 12.1% from 343.1K to 301.6K shares. The stock has declined 27.6% over the past 90 days and sits 35.6% below its 52-week high of $46.69. At DOCN specifically, Bratin's two prior sales (2024-11-19 and 2024-11-18) were followed by positive 90-day returns of 23.7% and 20.8% respectively, indicating neither was well-timed at the 90-day mark. The broader timing pattern across all his cross-ticker sales (0.00% well-timed rate) does not support that this sale occurs in advance of further declines, though the recent 90-day price action suggests significant recent weakness in the name.
DOCN Chief Product & Tech Officer Saha Bratin sold 20,457 shares for $750.8K across 2 transactions (Nov 18-19)
Saha Bratin executed two separate sales totaling 20,457 shares for $750,823.29, reducing holdings from 407,285 to 386,828 shares (-5.0%). The blended average sale price of $36.70 sits below the current price of $38.02, and the stock has declined 12.2% over 30 days despite posting +20.2% annual revenue growth and a profitable $32.9M net income last quarter. The sale volume is material but represents a modest reduction in a substantial 386.8K-share post-transaction position. No scheduling or plan flags are noted in the filing, indicating these were discretionary open-market sales, though the modest percentage reduction and the executive's continued significant ownership stake limit any inference about confidence shifts.
