capital · May 17, 2026
Access Industries Entities Sell 3.3 Million DigitalOcean Shares for $496 Million
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Access Industries entities sold 3.3 million shares of DigitalOcean Holdings Inc. on May 13, 2026 at $150.30 per share for a total of $496 million. The transaction involved AI Droplet Holdings LLC selling 3,278,988 shares and AI Droplet Subsidiary LLC selling 21,012 shares in an unregistered block sale under Rule 144. The stock traded near its 52-week high of $164.77 following a 398% gain over the past year. UBS raised its price target on DigitalOcean to $175 from $160 after meetings with CEO Paddy Srinivasan and CFO Matt Steinfort.
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