Gain detailed insights into the trading activity of Congress members for DocuSign on our government trades page. Stay updated on how elected officials are investing in DOCU.

DocuSign - Government Trades

DocuSign

Docusign offers Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its initial public offering in May 2018.

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Nasdaq Surges Over 1%; DocuSign Shares Spike Higher

US Economy 'Much Better Than The Rest Of The World' Despite Geopolitical Strains

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After starting the week with a negative session, U.S. markets rebounded on Tuesday, driven by falling oil prices, which helped alleviate concerns about a potential resurgence in inflation.

Stocks Rally As Oil Prices Tumble; Tech, Chipmakers Lead As Traders Focus On AI Winners Before Earnings Season: What&#39;s Driving Markets Tuesday?

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AAOI

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PepsiCo, DocuSign, Robinhood And Other Big Stocks Moving Higher On Tuesday

DocuSign.How-it-Works_2020_thumb_Update

DocuSign Inc (NASDAQ:DOCU) shares are trading higher Tuesday after it was announced the company will join the S&amp;P MidCap 400.

DocuSign Stock Is Trading Higher Tuesday: What&#39;s Going On?

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Why DocuSign Shares Are Trading Higher By Around 6%; Here Are 20 Stocks Moving Premarket

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SPXC

TransUnion (NYSE: TRU) stock has rallied 51.3%, outperforming the 31% and 33.8% growth of the industry it belongs to and the Zacks S&amp;P 500 composite in the past year, respectively.

Here&#39;s Why Investors Should Retain TransUnion Stock for Now

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GDOT

Green Dot Corporation (NYSE: GDOT) is currently focusing on long-term growth through prepaid cards, BaaS partnerships, and a strong balance sheet amid some challenges, including a decrease in customers and the end of partnerships in its traditional consumer division and its Banking-as-a-Service (BaaS) sector.

Why You Should Retain Green Dot Stock in Your Portfolio for Now

DocuSign shares are trading higher Friday after the company posted better-than-expected second-quarter results after the close of trading on Thursday. Here&#39;s what to know:

What&#39;s Going On With DocuSign Stock After Earnings?

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Select Sector SPDR-Consumer Discretionary

Investors showed little enthusiasm for the August jobs report, as the slower-than-expected hiring numbers deepened worries about a softening labor market.

Stocks Tumble On Jobs Data, Nasdaq 100 Eyes Worst Week In 2 Years As Semiconductors Slump: What&#39;s Driving Markets Friday?

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Shares of Docusign were climbing in early trading on Friday, after the company reported upbeat second-quarter results.

Docusign Reports Beat-And-Raise Quarter, But These Analysts Have Some Concerns

DocuSign Inc

Benchmark analyst Michael Albanese reiterates OneWater Marine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONEW#NASDAQ">ONEW</a>) with a Hold.

ONEW

Benchmark Reiterates Hold on OneWater Marine

In a move likely to lighten the load for thousands of retirees in Florida, the state has introduced a new COLA to its property tax exemptions to help seniors cope with <a href="https://www.benzinga.com/real-estate/24/06/39229358/u-s-home-prices-surge-50-jump-in-five-years">rising housing costs</a>.&nbsp;
Currently, eligible homeowners receive two $25,000 exemptions, reducing the taxable value of their primary residence by up to $50,000. With this amendment, the second $25,000 exemption will now grow yearly to mirror inflation – much like Social Security's COLA increase.&nbsp;
Don't Miss:
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<li>‘Beating the market through ethical real estate investing' —<a href="https://www.benzinga.com/money/invest-with-roots"> this platform aims to give tenants equity in the homes they live in while scoring 17.38% average annual returns for investors – here&#8217;s how to join with just $100</a></li>
<li>This company is giving accredited investors an opportunity to invest in this $2 billion fund, <a href="https://www.benzinga.com/money/ignite-funding">with three decades in business they boast an impressive track record of double-digit returns.</a></li>
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For retirees feeling the pinch of inflated grocery, health care and utility costs, this tweak could mean real savings that help make ends meet.
Beginning Jan. 1, 2025, Florida&#8217;s homestead exemption – a property tax break on primary homes – will include an inflation-linked increase. In effect, the state will adjust part of the exemption amount annually to keep up with inflation, much like Social Security annually receives a COLA boost.&nbsp;
Trending: During market downturns, investors are learning that unlike equities, these<a href="https://www.benzinga.com/money/connect-invest-real-estate-notes"> high-yield real estate notes that pay 7.5% &#8211; 9% are protected by resilient assets, buffering against losses.</a>
By pegging this exemption to inflation, retirees will be protected against property tax increases, which can otherwise eat away at home equity and monthly budgets. The impact of such a policy can be huge. For example, the income limits for eligibility to exemptions rose 4.1% in 2024, widening the reach of the benefit and bringing more retirees under its umbrella.&nbsp;
Supporters see the amendment as a lifeline, especially in a state like Florida, where retirees comprise a significant portion of the population.&nbsp;
The passage of Amendment No. 5 was fueled in part by Florida's rapidly increasing housing costs. Housing prices in the state have shot up in recent years and property taxes that match these prices can quickly become untenable for those on fixed incomes.
See Also: This Jeff Bezos-backed startup will allow you to<a href="https://www.benzinga.com/money/bezos-landlord-100-dollars"> become a landlord in just 10 minutes, and you only need $100</a>.
On the flip side, not all Florida residents stand to benefit. Property tax relief remains out of reach for <a href="https://www.benzinga.com/real-estate/24/09/40669305/your-landlord-might-be-raising-rent-using-algorithms-and-kamala-harris-plans-to-ban-it-will-she-succ">landlords</a>, for instance, who don't qualify for the exemption. Moreover, some experts fear that as property tax revenue dips, the financial burden might eventually be shifted to nonexempt residents.
Florida's homestead exemption only applies to primary residences, meaning a property must serve as a person's permanent home to qualify for this exemption.&nbsp;
Amendment No. 5 includes a carve-out for schools, ensuring they won't see a dip in property tax revenue due to the new policy. However, all other local governments, such as fire departments and utilities, may need to make up for the shortfall in other ways.
Read Next:
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<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." <a href="https://www.benzinga.com/money/connect-invest-real-estate-notes">These high-yield real estate notes that pay 7.5% &#8211; 9% make earning passive income easier than ever.</a></li>
<li>These five entrepreneurs are worth $223 billion –<a href="https://www.benzinga.com/money/arrived-homes-private-credit-fund"> they all believe in one platform that offers a 7-9% target yield with monthly dividends</a></li>
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Real Estate

Florida Just Introduced A Property Tax COLA For Retirees – How This Boost Could Ease Housing Costs For Thousands

Truist Securities analyst David Macdonald maintains AdaptHealth (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AHCO#NASDAQ">AHCO</a>) with a Buy and lowers the price target from $13 to $12.

AHCO

Truist Securities Maintains Buy on AdaptHealth, Lowers Price Target to $12

Benchmark analyst Josh Sullivan reiterates Ultralife (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULBI#NASDAQ">ULBI</a>) with a Buy and maintains $14 price target.

ULBI

Benchmark Reiterates Buy on Ultralife, Maintains $14 Price Target

<a href="https://www.reuters.com/world/europe/germanys-scholz-russias-putin-hold-phone-call-friday-bloomberg-reports-2024-11-15/" title="https://www.reuters.com/world/europe/germanys-scholz-russias-putin-hold-phone-call-friday-bloomberg-reports-2024-11-15/">https://www.reuters.com/world/europe/germanys-scholz-russias-putin-hold-phone-call-friday-bloomberg-reports-2024-11-15/</a>

Macro Notification

General

Putin And Germany's Scholz Hold Phone Call Initiated By Germany, Discuss Ukraine And Middle East; Putin Emphasizes Openness To Ukraine Talks, Notes Degradation In Russia-Germany Relations, And Stresses Security And Territorial Concerns

U.S. stocks were lower, with the Dow Jones index falling around 300 points on Friday.
Shares of Despegar.com, Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESP#NYSE">DESP</a>) rose sharply during Friday's session after the company reported <a href="https://www.benzinga.com/quote/DESP/earnings">better-than-expected third-quarter sales.</a>
The company said it sees FY24 revenue of at least $760 million and adjusted EBITDA of at least $170 million
Despegar.com shares jumped 19.1% to $17.70 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) shares jumped 43% to $18.98. Bloom Energy announced a 1 GW fuel cell deal with AEP, providing clean power for AI Data Centers.</li>
<li>Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) gained 22.3% to $4.9200.</li>
<li>Intuitive Machines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) gained 13% to $11.56. The company reported third-quarter results on Thursday.</li>
<li>Century Aluminum Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) rose 12.6% to $23.77.</li>
<li>COMPASS Pathways plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMPS#NASDAQ">CMPS</a>) jumped 12.5% to $5.50.</li>
<li>Lifeway Foods, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) gained 11% to $24.85. The company reported quarterly results on Thursday.</li>
<li>Kingsoft Cloud Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) rose 10.3% to $5.13. Kingsoft Cloud Holdings will release its unaudited financial results for the third quarter before the open of U.S. markets on Tuesday, Nov. 19.</li>
<li>Alcoa Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) gained 7.7% to $44.40.</li>
<li>Zai Lab Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZLAB#NASDAQ">ZLAB</a>) shares rose 6.3% to $28.34. The company priced a $200 million public offering of 7,843,137 shares at $25.50 per ADS.</li>
<li>Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) gained 6% to $62.72 after the company announced it will transfer its stock exchange listing over to the Nasdaq.</li>
<li>The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) rose 3% to $112.38. The company reported quarterly results on Thursday.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/24/11/42007586/top-4-energy-stocks-that-could-blast-off-in-november">Top 4 Energy Stocks That Could Blast Off In November</a></li>
</ul>

CENX

CMPS

DESP

LUNR

LWAY

PLTR

RCAT

ZLAB

Despegar.com, Zai Lab, Bloom Energy And Other Big Stocks Moving Higher On Friday

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DKNG

DraftKings Option Alert: Dec 20 $42 Calls At The Ask: 2000 @ $0.89 Vs 1254 OI; Ref=$39.23

WIIM

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MRNA

NVAX

Shares of vaccine stocks are trading lower After President-elect Trump nominated Robert F. Kennedy Jr. to lead the HHS.

Prime Minister Keir Starmer is seeking to meet with China's Xi Jinping at next week's Group of 20 summit in Rio de Janeiro, in what would be the first face-to-face encounter between British and Chinese leaders in almost seven years.&nbsp;
<a href="https://www.bloomberg.com/news/articles/2024-11-15/uk-s-starmer-seeks-xi-meeting-at-g-20-summit-in-rio-de-janeiro" title="https://www.bloomberg.com/news/articles/2024-11-15/uk-s-starmer-seeks-xi-meeting-at-g-20-summit-in-rio-de-janeiro">https://www.bloomberg.com/news/articles/2024-11-15/uk-s-starmer-seeks-xi-meeting-at-g-20-summit-in-rio-de-janeiro</a>

'UK's Starmer Seeks Xi Meeting at G-20 Summit in Rio de Janeiro' - Bloomberg

Wells Fargo analyst Eric Luebchow maintains Dycom Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DY#NYSE">DY</a>) with a Overweight and raises the price target from $200 to $215.

Wells Fargo Maintains Overweight on Dycom Industries, Raises Price Target to $215

Benchmark analyst Bill Sutherland reiterates HeartBeam (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BEAT#NASDAQ">BEAT</a>) with a Speculative Buy and maintains $8 price target.

BEAT

Benchmark Reiterates Speculative Buy on HeartBeam, Maintains $8 Price Target

Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) has dramatically increased its exposure to Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) ETFs, according to its latest 13F filing with the U.S. Securities and Exchange Commission (SEC), reflecting growing <a href="https://www.benzinga.com/24/11/42009965/vaneck-ceo-boldly-predicts-bitcoin-at-300k-per-coin-reaching-half-of-golds-market-cap-in-the-face-of-growing-demand">institutional interest in digital assets.</a>
What Happened: The Wall Street powerhouse <a href="https://www.sec.gov/edgar/search/#/q=Bitcoin&amp;dateRange=custom&amp;category=custom&amp;entityName=Goldman%2520Sachs&amp;startdt=2024-11-14&amp;enddt=2024-11-14&amp;forms=13F-HR">disclosed</a> $710 million invested across multiple Bitcoin exchange-traded funds (ETFs) for the quarter ending September 30. A 13F filing is a quarterly report required by the SEC for institutional investors managing over $100 million in assets.
<h3 class="wp-block-heading">Major Holdings in BlackRock's Bitcoin Trust</h3>
The filing highlights Goldman Sachs&#8217; significant stake in BlackRock's iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>), with 12.7 million shares valued at $461 million. 
This marks an 83% increase from its August holdings of 6.9 million shares, then valued at $281 million, and solidifies Goldman's position as the second-largest holder of IBIT, trailing only Millennium Management, which leads with $844 million in holdings.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42007247/bitcoin-dogecoin-success-driven-by-narrative-and-momentum-report-argues">Bitcoin, Dogecoin Success Driven By &#8216;Narrative And Momentum,&#8217; Report Argues</a>
<h3 class="wp-block-heading">Diversifying Bitcoin ETF Investments</h3>
Goldman also boosted its positions in other prominent Bitcoin ETFs. Notable increases include:
<ul>
<li>Fidelity's Wise Origin Bitcoin ETF (CBOE: FBTC): 1.7 million shares worth $95.5 million, a 13% rise.</li>
<li>Grayscale Bitcoin Trust (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GBTC#OTC">GBTC</a>): 1.4 million shares valued at $71.8 million, a 116% increase.</li>
<li>Bitwise Bitcoin ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BITB#NYSE">BITB</a>): 650,961 shares worth $22.5 million, marking a 156% rise.</li>
</ul>
The bank also reported smaller stakes in Bitcoin ETFs offered by Invesco Galaxy, WisdomTree and ARK 21Shares.
<h3 class="wp-block-heading">Institutional Confidence In A Booming Market</h3>
Goldman's expanded investments coincide with record inflows into <a href="https://www.benzinga.com/24/11/41869353/massive-day-for-blackrocks-bitcoin-etf-as-trading-volume-reaches-unseen-levels-with-4-1-billion-traded">spot Bitcoin ETFs.</a> BlackRock's IBIT recently surpassed the iShares Gold ETF (IAU) in net assets, an impressive milestone considering IBIT's launch occurred just this January.
The rising momentum aligns with broader market optimism for a <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41770352/bitcoins-future-under-president-elect-donald-trump-a-look-at-his-crypto-policies">pro-crypto regulatory environment</a> under the incoming Trump administration, which has pledged support for crypto mining and a <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41986427/pennsylvania-introduces-bitcoin-strategic-reserve-act-to-invest-up-to-700-million-in-btc">national Bitcoin reserve</a>.
Goldman's aggressive moves into Bitcoin ETFs underscore the shifting landscape for digital assets, signaling increasing institutional adoption of cryptocurrency as a mainstream asset class.
To explore these developments further, Benzinga's <a href="https://www.benzinga.com/events/digital-assets/agenda/">Future of Digital Assets</a> event on Nov. 19 offers in-depth insights into the evolving crypto investment landscape.
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</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Bitwise Bitcoin ETF Common Shares of Beneficial Interest

BITB

Fidelity Wise Origin Bitcoin Fund Fidelity Wise Origin Bitcoin Fund

FBTC

GBTC

IBIT

Goldman Sachs Expands Bitcoin ETF Holdings To $710 Million

Benchmark analyst Fawne Jiang reiterates JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) with a Buy and maintains $47 price target.

Benchmark Reiterates Buy on JD.com, Maintains $47 Price Target

Jeffrey T Diehl, Director at Paylocity Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>), executed a substantial insider sell on November 14, according to an SEC filing.
What Happened: Diehl's decision to sell 36,133 shares of Paylocity Holding was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001591698/000159169824000334//Archives/edgar/data/1591698/000159169824000334/0001591698-24-000334-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value of the sale is $7,674,132.
The latest market snapshot at Friday morning reveals Paylocity Holding shares down by 0.3%, trading at $204.89.
<h3>All You Need to Know About Paylocity Holding</h3>
Paylocity is a provider of payroll and human capital management solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10-5,000 employees and services about 39,000 clients as of fiscal 2024. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software as well as workplace collaboration and communication tools.
<h3>Unraveling the Financial Story of Paylocity Holding</h3>
Negative Revenue Trend: Examining Paylocity Holding's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -12.5% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 68.05%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Paylocity Holding's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.62.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.34, Paylocity Holding adopts a prudent financial strategy, indicating a balanced approach to debt management.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 61.16, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 8.65 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Boasting an EV/EBITDA ratio of 34.77, Paylocity Holding demonstrates a robust market valuation, outperforming industry benchmarks.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
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<h3>Delving Into the Significance of Insider Transactions</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
<a href="https://www.benzinga.com/money/investing-tools">Investors</a> prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001591698">Check Out The Full List Of Paylocity Holding's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

PCTY

Paylocity Holding Director Trades $7.67M In Company Stock

Revealing a significant insider sell on November 14, Jeffrey T Diehl, Board Member at Paylocity Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCTY#NASDAQ">PCTY</a>), as per the latest SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001591698/000159169824000335//Archives/edgar/data/1591698/000159169824000335/0001591698-24-000335-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Diehl sold 593 shares of Paylocity Holding. The total transaction amounted to $126,386. 
Monitoring the market, Paylocity Holding's shares down by 0.3% at $204.89 during Friday's morning.
<h3>Unveiling the Story Behind Paylocity Holding</h3>
Paylocity is a provider of payroll and human capital management solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10-5,000 employees and services about 39,000 clients as of fiscal 2024. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software as well as workplace collaboration and communication tools.
<h3>Paylocity Holding: A Financial Overview</h3>
Revenue Challenges: Paylocity Holding's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -12.5%. This indicates a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Profitability Metrics: Unlocking Value
<ul>
<li>
Gross Margin: The company maintains a high gross margin of 68.05%, indicating strong cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Paylocity Holding's EPS is below the industry average. The company faced challenges with a current EPS of 0.62. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Paylocity Holding's debt-to-equity ratio is below the industry average at 0.34, reflecting a lower dependency on debt financing and a more conservative financial approach.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 61.16, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 8.65, Paylocity Holding's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio of 34.77, the company's market valuation exceeds industry averages.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Unmasking the Significance of Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision. 
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001591698">Check Out The Full List Of Paylocity Holding's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Massive Insider Trade At Paylocity Holding

Disclosed on November 14, Christopher T Jenny, Board Member at CBRE Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001138118/000122520824009928//Archives/edgar/data/1138118/000122520824009928/0001225208-24-009928-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Jenny sold 8,444 shares of CBRE Group. The total transaction value is $1,144,428.
During Friday's morning session, CBRE Group shares down by 0.0%, currently priced at $132.0.
<h3>Unveiling the Story Behind CBRE Group</h3>
CBRE Group provides a wide range of real estate services to owners, occupants, and investors worldwide, including leasing, property and project management, and capital markets advisory. CBRE's investment management arm manages over $140 billion for clients across diverse public and private real estate strategies.
<h3>Financial Insights: CBRE Group</h3>
Revenue Growth: CBRE Group displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 14.84%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 19.74%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): CBRE Group's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 0.73.
</li>
</ul>
Debt Management: CBRE Group's debt-to-equity ratio is below the industry average at 0.79, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 42.72 is lower than the industry average, implying a discounted valuation for CBRE Group's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 1.19 is lower than the industry average, implying a discounted valuation for CBRE Group's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 23.63 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Pay Attention to Insider Transactions</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001138118">Check Out The Full List Of CBRE Group's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CBRE

Christopher T Jenny Implements A Sell Strategy: Offloads $1.14M In CBRE Group Stock

UUUU

Russia Has Imposed Temporary Restrictions On The Export Of Enriched Uranium To The U.S.; Russian Government Says Exception Is For Supplies Under One-Off Licences Issued By Federal Service For Technical And Export Control

Disclosed on November 14, Judy C Lewent, Director at Motorola Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSI#NYSE">MSI</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: After conducting a thorough analysis, Lewent sold 6,642 shares of Motorola Solns. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000068505/000106299324019144//Archives/edgar/data/68505/000106299324019144/0001062993-24-019144-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total transaction value is $3,294,301.
As of Friday morning, Motorola Solns shares are down by 0.51%, currently priced at $491.2.
<h3>All You Need to Know About Motorola Solns</h3>
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
<h3>Key Indicators: Motorola Solns's Financial Health</h3>
Revenue Growth: Motorola Solns displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 9.15%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 51.36%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Motorola Solns's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 3.36.
</li>
</ul>
Debt Management: Motorola Solns's debt-to-equity ratio is notably higher than the industry average. With a ratio of 4.96, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current Price to Earnings ratio of 54.07 is higher than the industry average, indicating the stock is priced at a premium level according to the market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 7.92 is above industry norms, reflecting an elevated valuation for Motorola Solns's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 34.92 reflects market recognition of Motorola Solns's value, positioning it as more highly valued compared to industry peers.
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000068505">Check Out The Full List Of Motorola Solns's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision: Judy C Lewent Offloads $3.29M Worth Of Motorola Solns Stock

A substantial insider sell was reported on November 14, by Gregory Q Brown, Chairman and CEO at Motorola Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSI#NYSE">MSI</a>), based on the recent SEC filing.
What Happened: Brown's recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000068505/000106299324019145//Archives/edgar/data/68505/000106299324019145/0001062993-24-019145-index.htm">U.S. Securities and Exchange Commission</a> on Thursday unveiled the sale of 120,000 shares of Motorola Solns. The total transaction value is $59,532,058.
As of Friday morning, Motorola Solns shares are down by 0.51%, currently priced at $491.2.
<h3>Discovering Motorola Solns: A Closer Look</h3>
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
<h3>Financial Insights: Motorola Solns</h3>
Revenue Growth: Motorola Solns displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 9.15%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 51.36%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Motorola Solns's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 3.36.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 4.96, Motorola Solns faces challenges in effectively managing its debt levels, indicating potential financial strain.
In-Depth Valuation Examination:
<ul>
<li>
Price to Earnings (P/E) Ratio: Motorola Solns's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 54.07.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 7.92 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): A high EV/EBITDA ratio of 34.92 positions the company as being more valued compared to industry benchmarks.
</li>
</ul>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Exploring the Significance of Insider Trading</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
Considering the legal perspective, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, according to Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Nevertheless, insider sells may not necessarily indicate a bearish view and can be influenced by various factors.
<h3>Cracking Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000068505">Check Out The Full List Of Motorola Solns's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Motorola Solns Recent Insider Activity

It was reported on November 14, that Carol Lindstrom, Director at Genpact (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/G#NYSE">G</a>) executed a significant insider sell, according to an SEC filing.
What Happened: After conducting a thorough analysis, Lindstrom sold 3,218 shares of Genpact. This information was disclosed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001398659/000139865924000104//Archives/edgar/data/1398659/000139865924000104/0001398659-24-000104-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total transaction value is $149,875.
The latest market snapshot at Friday morning reveals Genpact shares down by 0.0%, trading at $45.1.
<h3>Get to Know Genpact Better</h3>
Genpact Ltd is a provider of business process management services. Clients are industry verticals and operate in banking and financial services, insurance, capital markets, consumer product goods, life sciences, infrastructure, manufacturing and services, healthcare, and high-tech. Genpact's services include aftermarket, direct procurement, risk and compliance, human resources, IT, industrial solutions, collections, finance and accounting, and media services. Genpact's end market by revenue is India. It is a General Electric spin-off, which is still a large source of revenue for Genpact.
<h3>Financial Insights: Genpact</h3>
Revenue Growth: Genpact displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 2.95%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 35.63%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Genpact's EPS is a standout, portraying a positive bottom-line trend that exceeds the industry average with a current EPS of 0.75.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.77.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 12.39 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 1.75 is lower than the industry average, implying a discounted valuation for Genpact's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 11.16 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Exploring the Significance of Insider Trading</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001398659">Check Out The Full List Of Genpact's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Genpact Insider Trades Send A Signal

The SaaS industry is experiencing rapid evolution, enabling versatility, cost-efficiency, and enhanced customer retention, making it a compelling opportunity to capitalize on this trend. Thus, it could be wise to take a look at high-growth SaaS stocks like DocuSign (DOCU), Twilio (TWLO), and Smartsheet (SMAR). Read more… The SaaS (Software-as-a-Service) industry is booming, driven by increased digitalization, the rise of remote work and a shift towards cloud-based solutions. SaaS companies offer subscription-based services that enhance business efficiency, drive innovation, and provide strong data security, making them essential for modern enterprises.
With such strong industry fundamentals, high-growth SaaS stocks like DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>), Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>), and Smartsheet Inc. (<a href="https://stocknews.com/stock/SMAR/">SMAR</a>) are poised for long-term returns. These companies offer innovative solutions that improve data management and streamline workflows, making them attractive options for investors looking to tap into this high-growth market.
SaaS companies are experiencing strong tailwinds because of their versatility, especially in verticals such as customer relationship management (CRM), cybersecurity, and enterprise resource planning (ERP). According to a report by <a href="https://www.saasacademy.com/blog/saas-statistics">SaaS Academy</a>, by the end of 2024, over 80% of businesses are expected to use at least one SaaS application in their operations, and 99% of companies will rely on some form of SaaS solution.
In line with these trends, global spending on SaaS is expected to <a href="https://www.gartner.com/en/newsroom/press-releases/2024-05-20-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-surpass-675-billion-in-2024#:~:text=SaaS%20spending%20is%20projected%20to%20grow%2020%25%20to%20total%20%24247.2%20billion%20in%202024.">grow by 20%</a>, reaching $247.20 billion in 2024. Furthermore, the global SaaS market is anticipated to hit $1.3 trillion by 2030, exhibiting a <a href="https://redline.digital/saas-industry-statistics/#:~:text=The%20global%20SaaS,108%20billion%20currently.">CAGR of 19.7%</a>. The United States currently holds a dominant market share of $108 billion, making SaaS one of the most attractive sectors for high-growth investments.
Considering these conducive trends, let's examine the <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry stocks in detail, beginning with the third choice:
Stock #3: Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>)
TWLO provides a customer engagement platform comprising international communications application programming interfaces. It operates through two segments: Twilio Communications and Twilio Data &amp; Applications.
On October 1, TWLO and OpenAI collaborated to integrate OpenAI's Realtime API into its platform. This integration will enable TWLO to build conversational AI applications and agents, which will bring customers more natural interactions to the platform.
On September 9, TWLO announced expanded accessibility of Rich Communication Services (RCS) messaging via its Programmable Messaging and Verify APIs to enhance branded and verified messaging and build customer trust in its source.
In the fiscal second quarter that ended on June 30, 2024, TWLO's revenue increased 4.3% year-over-year to $1.08 billion with a non-GAAP gross margin of 53.3% (up 110 bps year-over-year). The company reported non-GAAP income from operations of $175.32 million, indicating a 45.9% growth from the prior-year quarter.
TWLO's non-GAAP net income came in at $150.12 million, up 48.9% year-over-year, while its non-GAAP net income per share grew 61.1% from the year-ago value to $0.87. Also, its <a href="https://www.investopedia.com/terms/f/freecashflow.asp">free cash flow</a> increased 174.7% year-over-year to $197.58 million.
According to the financial guidance for fiscal year 2024, the company's non-GAAP income from operations is projected to be between $650 million and $675 million, with organic revenue growth anticipated to range from 6%-7%.
The consensus revenue estimate of $1.09 billion for the fiscal third quarter (ended September 2024) represents a 5.8% increase year-over-year. The consensus EPS estimate of $0.86 for the same quarter indicates a 47.6% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
Moreover, TWLO's revenue has grown at CAGRs of 23.4% and 36.9% over the past three and five years, respectively. In addition, its levered FCF increased at 39% CAGR over the past three years.
The stock has gained 22.9% over the past year to close the last trading session at $70.50.
TWLO's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
TWLO has an A grade for Growth and a B for Value and Sentiment. It is ranked #10 out of 18 stocks in the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry. <a href="https://stocknews.com/stock/TWLO/">Click here</a> to see the additional ratings for TWLO (Momentum, Stability, and Quality).
Stock #2: Smartsheet Inc. (<a href="https://stocknews.com/stock/SMAR/">SMAR</a>)
SMAR provides a work management platform for organizations, allowing them to plan, capture, manage, automate, and report on work at scale. The company's platform enables teams of all sizes to manage custom processes, programs, and portfolios that fit, and it delivers its cloud-based software platform globally through a subscription model.
On October 8, SMAR announced its strategic collaboration with AWS to launch a new connector for Amazon Q Business that synchronizes data and provides insights to the customers. This new connector will allow the generative AI-powered assistant to answer customers' queries through a unified search experience.
SMAR's total revenue for the second quarter (ended July 31, 2024) increased 17.3% year-over-year to $276.41 million. Its non-GAAP operating income grew 135.7% from the prior year's quarter to $45.29 million. The company's non-GAAP net income amounted to $61.64 million and $0.44 per share, reflecting an increase of 180% and 175% year-over-year, respectively. In addition, SMAR's free cash flow rose 25.6% from the year-ago value to $57.15 million.
As per the fiscal year 2025 financial outlook, SMAR forecasts total revenue to range between $1.116 billion and $1.121 billion. The company also expects non-GAAP operating income to be between $177 million and $182 million and a free cash flow of $240 million. It also expects non-GAAP net income per share to be between $1.36 and $1.39.
Street expects SMAR's revenue for the fiscal third quarter (ending October 2024) to increase 15.4% year-over-year to $283.87 million. Its EPS for the same period is expected to register a 90.1% growth from the prior year, settling at $0.30. In addition, it surpassed the consensus revenue and EPS in each of the trailing four quarters, which is excellent.
Over the past three and five years, SMAR's revenue grew at CAGRs of 31.6% and 36.5%, respectively, while its levered FCF grew at 47.3% CAGR over the past five years.
Over the past six months, the stock has gained 53.1%, closing the last trading session at $56.02.
It's no surprise that SMAR has an overall rating of B, equating to a Buy in our POWR Ratings system. It has an A grade for Growth and a B for Sentiment and Quality. Out of 18 stocks in the same A-rated industry, SMAR is ranked #6.
Beyond what is stated above, we've also rated SMAR for Value, Momentum, and Stability. Get all SMAR ratings <a href="https://stocknews.com/stock/SMAR/">here</a>.
Stock #1: DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
DOCU provides cloud-based electronic signature solutions that enable sending and signing agreements, allowing organizations to do business faster with less risk and at a lower cost. It also offers contract lifecycle management software that automates workflows.
On June 4, DOCU announced the launch of a new connector for SAP Ariba solutions that will help automate workflows between DOCU's CLM and SAP Ariba, streamlining the source-to-pay process. This launch enhances DOCU's market position and firmly establishes the company as a leader.
On May 31, DOCU completed its acquisition of Lexion, a leading AI-powered agreement management company. This acquisition will strengthen DOCU's Intelligent Agreement Management (IAM) capabilities, bringing more insights, analysis, and automation to its customers.
For the second quarter of 2025, which ended on July 31, DOCU's total revenues increased 7% year-over-year to $736.03 million. Its non-GAAP income from operations stood at $237.16 million, indicating a 39.6% growth from the prior-year quarter.
DOCU's non-GAAP net income rose 34.3% from the year-ago value to $200.99 million, while its non-GAAP net income per share stood at $0.97, up 34.7% year-over-year. Also, the company's non-GAAP free cash flow grew by 7.8% from the year-ago value to $197.93 million.
Per the outlook for fiscal year 2025, DOCU expects its total revenue to be between $2.94 billion and $2.95 billion. It forecasts subscription revenue to range from $2.86 billion to $2.88 billion, with billings between $2.99 and $3.03 billion. Additionally, DOCU expects its non-GAAP operating margin to fall in the range of 29% to 29.5%.
Analysts expect DOCU's revenue for the third quarter ending October 31, 2024, to increase 6.4% year-over-year to $745.31 million, while its EPS for the same period is expected to grow 10.2% from the prior-year quarter to $0.87. The company surpassed consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
DOCU's revenue has grown at CAGRs of 16.8% and 28.1% over the past three and five years, respectively. Likewise, the company's total assets have increased at a CAGR of 16.8% over the past three years.
DOCU shares have surged 74.2% over the past year and 27.9% over the past month to close the last trading session at $72.60.
DOCU's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It also has an A grade for Quality and a B for Growth and Value. Within the Software - SAAS industry, it is ranked first. <a href="https://stocknews.com/stock/DOCU/">Click here</a> to see DOCU's ratings for Momentum, Stability, and Sentiment.
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<hr />
DOCU shares were unchanged in premarket trading Thursday. Year-to-date, DOCU has gained 22.12%, versus a 23.66% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/docu-twlo-smar-3-high-growth-saas-stocks-with-market-beating-potential/>3 High-Growth SaaS Stocks With Market-Beating Potential</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth SaaS Stocks With Market-Beating Potential

The technology industry is well-positioned for significant growth thanks to continued innovation in the software and services field. Amid this backdrop, it could be wise to buy undervalued tech stocks, such as SS&C Technologies Holdings (SSNC), DocuSign (DOCU), and Dropbox (DBX), with "Strong Buy" ratings. Continue reading… Businesses heavily depend on software solutions to enhance operations, elevate customer experiences, gain data-driven insights, and protect their systems as they strive to adapt and stay competitive in the ever-changing digital landscape, leading to a tech revolution.
Thus, investors could consider adding fundamentally sound tech stocks SS&amp;C Technologies Holdings, Inc. (<a href="https://stocknews.com/stock/SSNC/">SSNC</a>), DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>), and Dropbox, Inc. (<a href="https://stocknews.com/stock/DBX/">DBX</a>) to their portfolios, which are currently trading relatively cheaply. Additionally, these stocks have a "Strong Buy" rating in our proprietary rating system.
The software industry is growing due to increasing demand for digital transformation across businesses and rapid advancements in AI, cloud computing, and automation, which enhance efficiency and innovation.
Additionally, the shift to remote work and the rise of SaaS models have further fueled its expansion. The software market is projected to grow at a <a href="https://www.marketresearchfuture.com/reports/software-market-11924">CAGR of 11.9%</a> by 2032, which shows how in-demand tech is currently.
Moreover, the growing popularity of cloud-based software and rising concern to automate business processes are continuously increasing the demand for IT services worldwide. Cloud-based IT services are experiencing rapid growth among SMEs since 2022 and are expected to capture more than <a href="https://www.industryarc.com/Research/IT-Services-Market-Research-501180">80% of the market share by 2025</a>. 
Considering these conducive factors, let's take a look at the fundamentals of the three tech stock picks.
SS&amp;C Technologies Holdings, Inc. (<a href="https://stocknews.com/stock/SSNC/">SSNC</a>)
SSNC provides software products and software-enabled services to financial services and healthcare industries. Its products and services allow professionals in these industries to automate complex business processes and manage information processing requirements.
SSNC's forward <a href="https://www.investopedia.com/terms/e/ev-ebitda.asp">EV/EBITDA</a> of 10.80x is 8.5% lower than the industry average of 11.79x. Its forward EV/EBIT multiple of 11.13 is 33.4% lower than the industry average of 16.70.
For the second quarter, which ended June 30, 2024, SSNC reported total revenues at $1.45 billion, which is up 6.5% year-over-year. The company's net income stood at $190.30 million and $0.75 per share, up 45.6% and 47% year-over-year, respectively.
Analysts expect SSNC's revenue for the third quarter (ended September 2024) to increase 5.5% year-over-year to $1.44 billion, while its EPS is expected to grow 7.6% year-over-year to $1.26. In addition, the company surpassed the consensus EPS and revenue estimates in three of the trailing four quarters.
Over the past year, the stock has gained 41.4% to close the last trading session at $73.69.
SSNC's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
SSNC has a B grade for Growth, Stability, Sentiment, and Value. It is ranked #3 out of 129 stocks in the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry.
Beyond what is stated above, we've also rated SSNC for Quality and Momentum. Get all SSNC ratings <a href="https://stocknews.com/stock/SSNC/">here</a>.
DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
DOCU offers electronic signature solutions internationally. The company provides an e-signature solution that enables the sending and signing of agreements, Contract Lifecycle Management that automates workflows, Document Generation streamlines the process of generating new, custom agreements, and more.
DOCU's forward EV/EBITDA of 12.47x is 13.5% lower than the industry average of 14.42x. Its forward EV/EBIT multiple of 13.82 is 31% lower than the industry average of 20.03.
In the second quarter that ended July 31, 2024, DOCU's total revenue increased 7% year-over-year to $736 million. Its gross profit grew 37.3% from the year-ago value to $580.56 million. Its non-GAAP net income and non-GAAP EPS were $200.99 million and $0.97, up 34.3% and 34.7% year-over-year, respectively.
Street expects DOCU's revenue to increase 6.4% year-over-year to $745.31 million for the third quarter ending October 2024. The company's EPS for the same quarter is expected to increase 10.2% year-over-year to $0.87. Also, DOCU surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
The stock has gained 58.8% over the past year to close the last trading session at $66.89.
DOCU's robust fundamentals are reflected in its POWR Ratings. It has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
The stock has an A grade for Quality and a B for Value and Growth. DOCU is ranked first out of 18 stocks in the <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry.
<a href="https://stocknews.com/stock/DOCU/">Click here</a> to access the additional DOCU ratings (Momentum, Sentiment, and Stability).
Dropbox, Inc. (<a href="https://stocknews.com/stock/DBX/">DBX</a>)
DBX provides a content collaboration platform worldwide. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features.
DBX's trailing-12-month EV/EBITDA of 9.10x is 36.9% lower than the industry average of 14.42x. Its forward EV/EBIT multiple of 10.66 is 46.8% lower than the industry average of 20.03.
DBX's total revenue for the fiscal second quarter that ended June 30, 2024, amounted to $634.50 million, up 1.9% year-over-year. The company's non-GAAP net income stood at $194.10 million and $0.60 per share, up 11.6% and 17.6% year-over-year, respectively.
For the quarter ended September 30, 2024, DBX's revenue is expected to increase marginally year-over-year to $637.19 million. Its EPS for the same quarter is expected to be $0.53. It surpassed consensus revenue and EPS estimates in each of the trailing four quarters.
Over the past three months, the stock gained 14.6%, closing the last trading session at $25.48.
DBX's POWR Ratings reflect bright prospects. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
The stock has an A grade for Quality and a B for Value. DBX is ranked #7 out of 77 stocks in the <a href="https://stocknews.com/category/technology-services/">Technology - Services</a> industry.
In addition to the POWR Ratings highlighted above, one can access DBX's ratings (Growth, Momentum, Stability, and Sentiment) <a href="https://stocknews.com/stock/DBX/">here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
SSNC shares were trading at $74.48 per share on Wednesday afternoon, up $0.79 (+1.07%). Year-to-date, SSNC has gained 23.23%, versus a 22.37% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/ssnc-docu-dbx-3-undervalued-tech-stocks-with-strong-buy-ratings/>3 Undervalued Tech Stocks With Strong Buy Ratings</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Undervalued Tech Stocks With Strong Buy Ratings

The SaaS sector offers a blend of innovation and resilience, making it an intelligent investment as businesses turn to cloud solutions. Given this trend, it could be wise to invest in high-growth SaaS stocks, DocuSign (DOCU), Twilio (TWLO), and Smartsheet (SMAR). Keep reading… As more companies rely on cloud solutions and AI-driven tools to enhance operations and boost efficiency, the SaaS (Software-as-a-Service) industry is expected to develop significantly. Thus, investors might want to scoop up shares of SaaS stocks, such as DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>), Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>), and Smartsheet Inc. (<a href="https://stocknews.com/stock/SMAR/">SMAR</a>), given their growth potential.
As the SaaS industry evolves, growth potential lies not only in core functionalities but also in strategic partnerships and expanding service portfolios. Modern technological advances have also contributed to the growth of personalized products, and that has <a href="https://medium.com/@marketing.cyperstudio/evolution-of-the-saas-industry-the-rise-of-customized-saas-products-fe2a77eb9964">enabled SaaS providers to provide highly customized systems</a> that can adapt and learn from user behavior thanks to machine learning, artificial intelligence, and advanced analytics.
According to <a href="https://www.statista.com/outlook/tmo/public-cloud/software-as-a-service/worldwide">Statista</a>, the global SaaS market is anticipated to reach $793.10 billion by 2029, exhibiting a CAGR of 19.3%. It is estimated that by 2025, <a href="http://pages.bettercloud.com/rs/719-KZY-706/images/2020_StateofSaaSOpsReport.pdf">85% of business apps will be SaaS-based</a>.  Gartner predicts that by 2026, <a href="https://www.gartner.com/en/newsroom/press-releases/2021-08-02-gartner-says-four-trends-are-shaping-the-future-of-public-cloud">public cloud spending is projected to exceed 45%</a> of all enterprise IT spending.
Moreover, SaaS companies often generate recurring revenue through subscription models, which ensures cash flow stability and makes them resilient during economic downturns. This makes them a compelling addition to portfolios with long-term goals.
Now, let's take a closer look at the fundamentals of the <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> stocks mentioned above, beginning with the third choice.
Stock #3: Twilio Inc. (<a href="https://stocknews.com/stock/TWLO/">TWLO</a>)
TWLO provides a customer engagement platform comprising international communications application programming interfaces. It operates through two segments: Twilio Communications and Twilio Data &amp; Applications.
On October 1, TWLO and OpenAI collaborated to integrate OpenAI's Realtime API into its platform. This integration will enable TWLO to build conversational AI applications and agents, which will bring customers more natural interactions to the platform.
On September 9, TWLO announced expanded accessibility of Rich Communication Services (RCS) messaging via its Programmable Messaging and Verify APIs to enhance branded and verified messaging and build customer trust in its source.
In the fiscal second quarter that ended on June 30, 2024, TWLO's revenue increased 4.3% year-over-year to $1.08 billion with a non-GAAP gross margin of 53.3% (up 110 bps year-over-year). The company reported non-GAAP income from operations of $175.32 million, indicating a 45.9% growth from the prior-year quarter.
TWLO's non-GAAP net income came in at $150.12 million, up 48.9% year-over-year, while its non-GAAP net income per share grew 61.1% from the year-ago value to $0.87. Also, its <a href="https://www.investopedia.com/terms/f/freecashflow.asp">free cash flow</a> increased 174.7% year-over-year to $197.58 million.
According to the financial guidance for fiscal year 2024, the company's non-GAAP income from operations is projected to be between $650 million and $675 million, with organic revenue growth anticipated to range from 6%-7%.
The consensus revenue estimate of $1.09 billion for the fiscal third quarter (ended September 2024) represents a 5.8% increase year-over-year. The consensus EPS estimate of $0.86 for the same quarter indicates a 47.6% improvement year-over-year. The company has an impressive surprise history; it surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
Moreover, TWLO's revenue has grown at CAGRs of 23.4% and 36.9% over the past three and five years, respectively. In addition, its total assets increased at 15.5% CAGR over the past five years.
The stock has surged 34.5% over the past year and 17.6% over the past three months to close the last trading session at $70.60.
TWLO's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
TWLO has an A grade for Growth and a B for Value and Sentiment. It is ranked #9 out of 18 stocks in the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry. <a href="https://stocknews.com/stock/TWLO/">Click here</a> to see the additional ratings for TWLO (Momentum, Stability, and Quality).
Stock #2: Smartsheet Inc. (<a href="https://stocknews.com/stock/SMAR/">SMAR</a>)
SMAR provides a work management platform for organizations, allowing them to plan, capture, manage, automate, and report on work at scale. The company's platform enables teams of all sizes to manage custom processes, programs, and portfolios that fit, and it delivers its cloud-based software platform globally through a subscription model.
On October 8, SMAR announced its strategic collaboration with AWS to launch a new connector for Amazon Q Business that synchronizes data and provides insights to the customers. This new connector will allow the generative AI-powered assistant to answer customers' queries through a unified search experience.
SMAR's total revenue for the second quarter (ended July 31, 2024) increased 17.3% year-over-year to $276.41 million. Its non-GAAP operating income grew 135.7% from the prior year's quarter to $45.29 million.
The company's non-GAAP net income amounted to $61.64 million and $0.44 per share, reflecting increases of 180% and 175% year-over-year, respectively. In addition, SMAR's free cash flow rose 25.6% from the year-ago value to $57.15 million.
As per the fiscal year 2025 financial outlook, SMAR forecasts total revenue to range between $1.116 billion and $1.121 billion. The company also expects non-GAAP operating income to be between $177 million and $182 million and a free cash flow of $240 million. It also expects non-GAAP net income per share to be between $1.36 and $1.39.
Street expects SMAR's revenue for the fiscal third quarter (ending October 2024) to increase 15.4% year-over-year to $283.87 million. Its EPS for the same period is expected to register a 90.1% growth from the prior year, settling at $0.30. In addition, it surpassed the consensus revenue and EPS in each of the trailing four quarters, which is excellent.
Over the past three and five years, SMAR's revenue income grew at CAGRs of 31.6% and 36.5%, respectively, while its levered FCF grew at 47.3% CAGR over the past five years.
Over the past six months, the stock has gained 46%, closing the last trading session at $55.89.
It's no surprise that SMAR has an overall rating of B, equating to a Buy in our POWR Ratings system. It has an A grade for Growth and a B for Sentiment and Quality. Out of 18 stocks in the same A-rated industry, SMAR is ranked #6.
Beyond what is stated above, we've also rated SMAR for Value, Momentum, and Stability. Get all SMAR ratings <a href="https://stocknews.com/stock/SMAR/">here</a>.
Stock #1: DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
DOCU provides cloud-based electronic signature solutions that enable sending and signing agreements, allowing organizations to do business faster with less risk and at a lower cost. It also offers contract lifecycle management software that automates workflows.
On June 4, DOCU announced the launch of a new connector for SAP Ariba solutions that will help automate workflows between DOCU's CLM and SAP Ariba, streamlining the source-to-pay process. This launch should enhance DOCU's market position and firmly establish the company as a leader.
On May 31, DOCU completed its acquisition of Lexion, a leading AI-powered agreement management company. This acquisition will strengthen DOCU's Intelligent Agreement Management (IAM) capabilities, bringing more insights, analysis, and automation to its customers.
For the second quarter of 2025, which ended on July 31, DOCU's total revenues increased 7% year-over-year to $736.03 million. Its non-GAAP income from operations stood at $237.16 million, indicating a 39.6% growth from the prior-year quarter.
DOCU's non-GAAP net income rose 34.3% from the year-ago value to $200.99 million, while its non-GAAP net income per share stood at $0.97, up 34.7% year-over-year. Also, the company's non-GAAP free cash flow grew by 7.8% from the year-ago value to $197.93 million.
Per the outlook for fiscal year 2025, DOCU expects its total revenue to be between $2.94 billion and $2.95 billion. It forecasts subscription revenue to range from $2.86 billion to $2.88 billion, with billings between $2.99 and $3.03 billion. Additionally, DOCU expects its non-GAAP operating margin to fall in the range of 29% to 29.5%.
Analysts expect DOCU's revenue for the third quarter ending October 31, 2024, to increase 6.4% year-over-year to $745.32 million, while its EPS for the same period is expected to grow 10.6% from the prior-year quarter to $0.87. The company surpassed consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive.
DOCU's revenue has grown at CAGRs of 16.8% and 28.1% over the past three and five years, respectively. Likewise, the company's total assets have increased at a CAGR of 16.8% over the past three years.
DOCU shares have surged 76.1% over the past year and 25.8% over the past three months to close the last trading session at $70.56.
DOCU's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It also has an A grade for Quality and a B for Growth and Value. Within the A-rated Software - SAAS industry, it is ranked #2. <a href="https://stocknews.com/stock/DOCU/">Click here</a> to see DOCU's ratings for Momentum, Stability, and Sentiment.
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<hr />
DOCU shares were trading at $71.34 per share on Thursday afternoon, up $0.78 (+1.11%). Year-to-date, DOCU has gained 20.00%, versus a 22.96% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/docu-twlo-smar-3-high-growth-saas-stocks-to-buy-before-the-next-boom/>3 High-Growth SaaS Stocks to Buy Before the Next Boom</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth SaaS Stocks to Buy Before the Next Boom

Bearish flow noted in DocuSign (DOCU) with 3,209 puts trading, or 1.3x expected. Most active are Nov-24 55 puts and Nov-24 60 puts, with total volu...

DocuSign put volume heavy and directionally bearish

With robust demand, and the need for higher efficiency, the SAAS market is poised for continued growth and expansion. Therefore, it could be ideal to closely monitor high-growth SAAS stocks UiPath (PATH), CCC Intelligent Solutions (CCCS), and DocuSign (DOCU) for substantial benefit. Read on... The popularity of Software-as-a-Service (SAAS) is rapidly surging among organizations to boost their efficiency and adopt the latest technologies. SAAS has emerged as a prominent force in the technology and business landscape, and this trend is set to continue further as organizations deploy and use software.
Given the industry's strong outlook, investors could consider high-growth SAAS stocks UiPath Inc. (<a href="https://stocknews.com/stock/PATH/">PATH</a>), CCC Intelligent Solutions Holdings Inc. (<a href="https://stocknews.com/stock/CCCS/">CCCS</a>), and DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>) in November.
With the rapid transformation from traditional software applications to cloud-based software services, the Software-as-a-service market is poised to expand exponentially. Companies are increasingly investing in digital transformation and adopting trends like Vertical SaaS, DaaS, and iPaaS in order to boost their operational efficiency, cost-effectiveness, and versatility.
<a href="https://www.gartner.com/en/newsroom/press-releases/2024-05-20-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-surpass-675-billion-in-2024#:~:text=SaaS%20spending%20is%20projected%20to,consumption%20model%2C%E2%80%9D%20said%20Nag.">Gartner projected worldwide end-user spending</a> on public cloud services to increase by 20.4%, reaching $675.4 billion this year, driven by generative AI (GenAI) and application modernization.
Also, SaaS continues to dominate the cloud market in end-user spending, having a projection of 20% growth in spending to reach $247.2 billion in 2024.
Following these lucrative trends, the global Software as a Service (SaaS) market is expected to grow from $317.55 billion in 2024 to $1.23 billion by 2032, exhibiting growth at a <a href="https://www.fortunebusinessinsights.com/software-as-a-service-saas-market-102222">CAGR of 18.4%</a>. In global comparison, the U.S. SaaS market is anticipated to grow to $236.69 billion by 2032, driven by the adoption of public and hybrid cloud-based tools.
With growing needs, companies engaged in SAAS services are positioned to capitalize on the industry's bright prospects and will yield high growth in the long run. Thus, investors could scoop up high-growth SaaS companies' stocks to advance their portfolios.
Now, let's take a closer look at the fundamentals of the top <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> stocks mentioned above, beginning with the third choice.
Stock #3: UiPath Inc. (<a href="https://stocknews.com/stock/PATH/">PATH</a>)
PATH provides an end-to-end automation platform offering a diverse range of international robotic process automation (RPA) solutions. It provides a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization.
On October 22, PATH announced a strategic partnership with Inflection AI to integrate the UiPath Platform with the new Inflection for Enterprise solution, enabling enterprises to achieve greater levels of operational efficiency and effectiveness without compromising trust and AI security options.
The strategic partnership will integrate Inflection AI within UiPath Autopilot and provide an important private cloud alternative for agentic automation tailored to the industries.
On October 15, PATH announced the integration of the UiPath Platform with the SAP Build Process Automation solution, to be sold as one of the SAP Solution Extensions. The offering will enable true enterprise-wide transformation by allowing customers to embrace a holistic view of automation across heterogeneous environments that span both SAP and non-SAP systems.
For the second that ended July 31, 2024, PATH's total revenue increased 10.1% year-over-year to $316.25 million. Its non-GAAP <a href="https://www.investopedia.com/terms/g/grossprofit.asp#:~:text=Gross%20profit%2C%20or%20gross%20income,fluctuate%20compared%20to%20production%20output.">gross profit</a> grew 6.6% from the year-ago value to $263.18 million. Also, the company's non-GAAP net income amounted to $23.76 million or $0.04 per share for the quarter, respectively.
Furthermore, as of July 31, 2024, the company's non-GAAP adjusted free cash flow was $149.78 million.
Analysts expect PATH's revenue and EPS for the fiscal year (ending January 2026) to increase 11.3% and 10.5% year-over-year to $1.58 billion and $0.44, respectively. Further, the company has topped the consensus revenue and EPS estimates in all four trailing quarters.
PATH's stock has surged 3.1% over the past three months to close the last trading session at $12.70.
PATH's solid outlook is reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has a B grade for Growth and Quality. Within the A-rated <a href="https://stocknews.com/category/software-saas/">Software - SAAS</a> industry, PATH is ranked #11 among 18 stocks.
<a href="https://stocknews.com/stock/PATH/">Click here</a> to access additional ratings of PATH (Stability, Value, Sentiment, and Momentum).
Stock #2: CCC Intelligent Solutions Holdings Inc. (<a href="https://stocknews.com/stock/CCCS/">CCCS</a>)
CCCS operates as a software-as-a-service company for the property and casualty insurance economy. Its cloud-based SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence-enabled digital workflow across the insurance economy.
On September 4, CCCS launched CCC&#xAE; Payroll, a new solution designed to streamline payroll management for collision repair shops. CCC Payroll is integrated into the CCC ONE&#xAE; platform and enables shops to track production and labor and streamline payroll within a single system, simplifying the payroll process.
The new solution simplifies the payroll process and gives greater visibility to employees.
On July 30, CCCS unveiled CCC&#xAE; Intelligent Reinspection, a new solution designed to help auto insurers streamline the review of incoming repair facility estimates, expediting repairer workflows and claims resolutions. The new solution leverages AI technology, and identifies areas for review, and provides reason codes based on insurer rules, helping reinspectors.
For the third quarter that ended on September 30, 2024, CCCS' revenues increased 7.8% year-over-year to $238.48 million. Its adjusted gross profit rose 8% from the prior year's period to $185.93 million. The company's adjusted operating income of $91.19 million reflects growth of 10.3% from the previous year's quarter.
Furthermore, the company's adjusted net income stood at $62.58 million and $0.10 per share, up 9.5% and 11.1% year-over-year, respectively. Its adjusted EBITDA increased 9.3% from the year-ago value to $101.55 million.
Analysts expect CCCS' revenue for the fourth quarter (ending December 2024) to increase 7.3% year-over-year to $245.23 million. For the same period, its EPS is expected to grow 8% year-over-year to $0.10. Further, the company topped the consensus revenue and EPS estimates in all trailing four quarters, which is remarkable.
Over the past year, the stock has gained 2.3% to close the last trading session at $10.93.
CCCS' sound fundamentals are reflected in its POWR Ratings. The stock has an overall grade of A, translating to a Strong Buy in our proprietary rating system.
CCCS has a B grade for Momentum, Stability, Sentiment, and Growth. It is ranked #4 among the 18 stocks within the A-rated Software - SAAS industry.
To see the other ratings of CCCS for Quality and Value, <a href="https://stocknews.com/stock/CCCS/">click here</a>.
Stock #1: DocuSign, Inc. (<a href="https://stocknews.com/stock/DOCU/">DOCU</a>)
DOCU provides electronic signature solutions internationally. The company provides an e-signature solution, enabling the sending and signing of agreements on various devices, Contract Lifecycle Management (CLM), Document Generation streamlines the process of generating new, custom agreements, and Gen for Salesforce.
On June 4, DOCU launched a new connector for SAP Ariba solutions that automate workflows between Docusign CLM and SAP Ariba solutions to help businesses accelerate time to value and eliminate friction in source-to-pay agreement processes. The launch enhanced DOCU's market position and firmly established the company as a leader.
On May 31, DOCU acquired Lexion, a leading AI-powered agreement management company. The acquisition strengthened DOCU's position in Intelligent Agreement Management (IAM) and added more AI-assisted capabilities to its platform, bringing more insights, analysis, and automation to its customers.
DOCU's total revenues increased 7% year-over-year to $736.03 million during the second quarter that ended on July 31, 2024. It reported non-GAAP income from operations of $237.16 million, indicating growth of 39.6% year-over-year. The company's non-GAAP free cash flow grew 7.8% from the year-ago value to $197.93 million.
Additionally, the company's non-GAAP net income came in at $200.99 million and $0.97 per share, up 34.3% and 34.7% from the prior year's quarter, respectively.
According to the company's fiscal year 2025 outlook, DOCU expects total revenue between $2.94 billion and $2.95 billion, while it forecasts subscription revenue to range from $2.86 billion to $2.88 billion.
For the third quarter (ending October 2024), analysts expect DOCU's revenue to grow 6.4% year-over-year to $745.32 million. For the same period, the company's EPS is expected to increase 10.6% year-over-year to $0.87. Also, it has surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
DOCU's stock has surged 22.9% over the past six months and 80.9% over the past year to close the last trading session at $70.15.
DOCU's POWR Ratings reflect its promising prospects. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
DOCU has an A grade for Quality and a B grade for Growth and Value. It is ranked #2 among 18 stocks in the same industry.
In addition to the POWR Ratings I've just highlighted, you can see DOCU's ratings for Stability, Momentum, and Sentiment <a href="https://stocknews.com/stock/DOCU/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
DOCU shares were trading at $68.98 per share on Wednesday afternoon, down $1.17 (-1.67%). Year-to-date, DOCU has gained 16.03%, versus a 23.16% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/docu-path-cccs-3-high-growth-saas-stocks-to-watch-in-november/>3 High-Growth SaaS Stocks to Watch in November</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 High-Growth SaaS Stocks to Watch in November

CCCS

PATH

SMAR

SSNC

TWLO

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CHUY


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