Yancey Spruill - DigitalOcean Holdings Chief Executive Officer, Director

DOCN Stock  USD 33.51  1.07  3.30%   

CEO

Yancey Spruill is Chief Executive Officer, Director of DigitalOcean Holdings since 2019.
Age 56
Tenure 5 years
Address 101 6th Avenue, New York, NY, United States, 10013
Phone646 827 4366
Webhttps://www.digitalocean.com

Yancey Spruill Latest Insider Activity

Tracking and analyzing the buying and selling activities of Yancey Spruill against DigitalOcean Holdings stock is an integral part of due diligence when investing in DigitalOcean Holdings. Yancey Spruill insider activity provides valuable insight into whether DigitalOcean Holdings is net buyers or sellers over its current business cycle. Note, DigitalOcean Holdings insiders must abide by specific rules, including filing SEC forms every time they buy or sell DigitalOcean Holdings'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

DigitalOcean Holdings Management Efficiency

The company has return on total asset (ROA) of 0.0254 % which means that it generated a profit of $0.0254 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3868) %, meaning that it created substantial loss on money invested by shareholders. DigitalOcean Holdings' management efficiency ratios could be used to measure how well DigitalOcean Holdings manages its routine affairs as well as how well it operates its assets and liabilities. At this time, DigitalOcean Holdings' Return On Tangible Assets are very stable compared to the past year. As of the 28th of April 2024, Return On Capital Employed is likely to grow to 0.01, though Return On Equity is likely to grow to (0.06). At this time, DigitalOcean Holdings' Total Current Assets are very stable compared to the past year. As of the 28th of April 2024, Return On Tangible Assets is likely to grow to 0.02, though Net Tangible Assets are likely to grow to (416.8 M).
The company currently holds 1.66 B in liabilities. DigitalOcean Holdings has a current ratio of 16.26, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist DigitalOcean Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, DigitalOcean Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DigitalOcean Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DigitalOcean to invest in growth at high rates of return. When we think about DigitalOcean Holdings' use of debt, we should always consider it together with cash and equity.

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DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York. Digitalocean Holdings operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 786 people. DigitalOcean Holdings (DOCN) is traded on New York Stock Exchange in USA. It is located in 101 6th Avenue, New York, NY, United States, 10013 and employs 1,156 people. DigitalOcean Holdings is listed under Internet Services & Infrastructure category by Fama And French industry classification.

Management Performance

DigitalOcean Holdings Leadership Team

Elected by the shareholders, the DigitalOcean Holdings' board of directors comprises two types of representatives: DigitalOcean Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DigitalOcean. The board's role is to monitor DigitalOcean Holdings' management team and ensure that shareholders' interests are well served. DigitalOcean Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DigitalOcean Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Carly Brantz, Chief Marketing Officer
Adrienne CPA, VP Officer
Rob IRC, Vice Relations
Cherie Barrett, Senior Officer
Padmanabhan Srinivasan, CEO Director
Yancey Spruill, Chief Executive Officer, Director
Hilary Schneider, Independent Director
Matthew Norman, Chief People Officer
Jeffrey Guyton, Chief Operating Officer
William Sorenson, Chief Financial Officer
Gabriel Monroy, Chief Officer
Pueo Keffer, Independent Director
Matthew Steinfort, Chief Officer
Aaqib Gadit, Chief Officer
Warren Jenson, Independent Director
Warren Adelman, Independent Director
Amy Butte, Independent Director
Alan Shapiro, General Secretary
Pratima Arora, Independent Director
Jeffrey Guy, Chief Officer
Megan Wood, Chief Officer
Peter Levine, Independent Director
Barry Cooks, Chief Technology Officer

DigitalOcean Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is DigitalOcean Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with DigitalOcean Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DigitalOcean Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DigitalOcean Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against DigitalOcean Stock

  0.5EGIO Edgio Inc Report 17th of July 2024 PairCorr
The ability to find closely correlated positions to DigitalOcean Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DigitalOcean Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DigitalOcean Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DigitalOcean Holdings to buy it.
The correlation of DigitalOcean Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DigitalOcean Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DigitalOcean Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DigitalOcean Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether DigitalOcean Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DigitalOcean Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digitalocean Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digitalocean Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.
Note that the DigitalOcean Holdings information on this page should be used as a complementary analysis to other DigitalOcean Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for DigitalOcean Stock analysis

When running DigitalOcean Holdings' price analysis, check to measure DigitalOcean Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DigitalOcean Holdings is operating at the current time. Most of DigitalOcean Holdings' value examination focuses on studying past and present price action to predict the probability of DigitalOcean Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigitalOcean Holdings' price. Additionally, you may evaluate how the addition of DigitalOcean Holdings to your portfolios can decrease your overall portfolio volatility.
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Is DigitalOcean Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DigitalOcean Holdings. If investors know DigitalOcean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DigitalOcean Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.525
Earnings Share
0.2
Revenue Per Share
7.687
Quarterly Revenue Growth
0.11
Return On Assets
0.0254
The market value of DigitalOcean Holdings is measured differently than its book value, which is the value of DigitalOcean that is recorded on the company's balance sheet. Investors also form their own opinion of DigitalOcean Holdings' value that differs from its market value or its book value, called intrinsic value, which is DigitalOcean Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DigitalOcean Holdings' market value can be influenced by many factors that don't directly affect DigitalOcean Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DigitalOcean Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DigitalOcean Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigitalOcean Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.