Insider Selling: DoorDash, Inc. (NASDAQ:DASH) Director Sells 30,000 Shares of Stock
DoorDash, Inc. (NASDAQ:DASH) Director Andy Fang sold 30,000 shares at an average price of $247.04, totaling $7,411,200. This sale reduced his ownership by 57.09%, leaving him with 22,545 shares valued at approximately $5.57 million. The transaction was disclosed to the SEC. Fang had previously sold shares on July 1 and June 5, totaling over $13 million. DoorDash's stock is currently trading at $255.38, with a market cap of $108.22 billion and a P/E ratio of 331.67. Analysts have mixed ratings on the stock, with an average target price of $235.56.
DoorDash, Inc. (NASDAQ:DASH - Get Free Report) Director Andy Fang sold 30,000 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $247.04, for a total value of $7,411,200.00. Following the completion of the transaction, the director directly owned 22,545 shares in the company, valued at approximately $5,569,516.80. This represents a 57.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
- 3 Stocks Hitting All-Time Highs With More Room to Run
Andy Fang also recently made the following trade(s):
- On Tuesday, July 1st, Andy Fang sold 30,000 shares of DoorDash stock. The shares were sold at an average price of $240.66, for a total transaction of $7,219,800.00.
- On Thursday, June 5th, Andy Fang sold 30,000 shares of DoorDash stock. The stock was sold at an average price of $217.52, for a total transaction of $6,525,600.00.
DoorDash Stock Performance
NASDAQ:DASH traded down $2.64 during trading hours on Tuesday, hitting $255.38. The stock had a trading volume of 2,730,149 shares, compared to its average volume of 4,736,992. DoorDash, Inc. has a one year low of $120.91 and a one year high of $259.87. The company has a market cap of $108.22 billion, a price-to-earnings ratio of 331.67 and a beta of 1.70. The business's 50 day moving average is $231.68 and its 200-day moving average is $204.50.
- DoorDash’s Uptrend Is Gaining Momentum in 2025
DoorDash (NASDAQ:DASH - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.05. DoorDash had a return on equity of 4.39% and a net margin of 3.02%. The firm had revenue of $3.03 billion during the quarter, compared to analysts' expectations of $3.10 billion. During the same quarter in the prior year, the company earned ($0.06) EPS. The company's revenue was up 20.7% on a year-over-year basis. On average, sell-side analysts anticipate that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have weighed in on DASH shares. Bank of America lifted their price target on shares of DoorDash from $230.00 to $245.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. Stifel Nicolaus lifted their price objective on DoorDash from $198.00 to $214.00 and gave the stock a "hold" rating in a research report on Tuesday, July 29th. Jefferies Financial Group reaffirmed a "hold" rating and issued a $250.00 price objective (up from $235.00) on shares of DoorDash in a research report on Tuesday, July 15th. JMP Securities raised their price objective on shares of DoorDash from $235.00 to $250.00 and gave the stock a "market outperform" rating in a report on Tuesday, July 15th. Finally, JPMorgan Chase & Co. lowered their target price on shares of DoorDash from $205.00 to $175.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Eleven research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, DoorDash currently has an average rating of "Moderate Buy" and an average target price of $235.56.
- Ibotta Stock: Why the Buyback Looks Like a Bullish Bet
View Our Latest Analysis on DoorDash
Hedge Funds Weigh In On DoorDash
A number of hedge funds and other institutional investors have recently bought and sold shares of DASH. Saudi Central Bank bought a new stake in DoorDash during the first quarter worth about $25,000. WPG Advisers LLC acquired a new position in shares of DoorDash during the first quarter worth $26,000. Pacific Center for Financial Services bought a new stake in DoorDash in the first quarter valued at approximately $27,000. GFG Capital LLC bought a new position in DoorDash during the second quarter worth $30,000. Finally, Harbour Investments Inc. boosted its position in shares of DoorDash by 55.6% during the 1st quarter. Harbour Investments Inc. now owns 196 shares of the company's stock valued at $36,000 after purchasing an additional 70 shares in the last quarter. Institutional investors own 90.64% of the company's stock.
About DoorDash
(Get Free Report)DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support.
Further Reading
- Five stocks we like better than DoorDash
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Applied Digital: Why a Surge in Bullish Bets Signals a New Era
- 3 Best Fintech Stocks for a Portfolio Boost
- Palantir Stock Soars After Blowout Earnings Report
- How is Compound Interest Calculated?
- Amazon Enters Correction Zone: Time to Panic or Be Brave?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in DoorDash Right Now?
Before you consider DoorDash, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DoorDash wasn't on the list.
While DoorDash currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
