Capital DailyCapital Daily
Markets · Investing · Business
Capital DailyCapital Daily
Finance

DigitalOcean Director Adelman Sells 4,200 Shares for $521,000

Adelman retained 94% of his shares.

DigitalOcean Director Adelman Sells 4,200 Shares for $521,000

Published August 12, 2026 · Category: Finance

Overview

Warren J. Adelman, a Director at DigitalOcean Holdings, Inc. (NYSE:DOCN), sold 4,200 shares of common stock on August 7, 2026, as disclosed in a recent SEC Form 4 filing.

Transaction value based on SEC Form 4 weighted average sale price ($124.01); post-transaction value based on August 07, 2026 market close ($124.15).

Details

DigitalOcean Holdings, Inc. operates as a global cloud infrastructure provider with significant scale, evidenced by $1.0 billion in TTM revenue and a $13.6 billion market capitalization. The company has demonstrated strong profitability with $235.2 million in TTM net income, reflecting a net margin of 23.52%. DigitalOcean's competitive positioning centers on delivering simplified, developer-friendly cloud services at competitive price points, targeting the underserved market segment of individual developers and SMBs that require enterprise-grade infrastructure without enterprise complexity.

Continue reading

Source

Originally published at www.fool.com.

Related Articles

CD
Capital Daily Newsroom

Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.