DoorDash (NASDAQ:DASH) Director Sells 10,134 Shares

DoorDash, Inc. (NASDAQ:DASH) Director Stanley Tang sold 10,134 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $225.00, for a total value of $2,280,150.00. Following the completion of the transaction, the director owned 10,361 shares in the company, valued at $2,331,225. This represents a 49.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Stanley Tang also recently made the following trade(s):

• On Friday, August 21st, Stanley Tang sold 72,367 shares of DoorDash stock. The shares were sold at an average price of $225.16, for a total value of $16,294,153.72.
• On Friday, August 21st, Stanley Tang sold 9,999 shares of DoorDash stock. The stock was sold at an average price of $225.00, for a total value of $2,249,775.00.
• On Thursday, August 20th, Stanley Tang sold 2,160 shares of DoorDash stock. The stock was sold at an average price of $220.62, for a total transaction of $476,539.20.
• On Monday, August 3rd, Stanley Tang sold 67,693 shares of DoorDash stock. The shares were sold at an average price of $200.63, for a total transaction of $13,581,246.59.
• On Thursday, July 2nd, Stanley Tang sold 23,125 shares of DoorDash stock. The shares were sold at an average price of $191.19, for a total transaction of $4,421,268.75.

DoorDash Price Performance

DoorDash stock traded up $3.43 during mid-day trading on Wednesday, hitting $236.93. 5,006,178 shares of the company traded hands, compared to its average volume of 4,787,201. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. DoorDash, Inc. has a one year low of $143.30 and a one year high of $285.50. The stock has a market cap of $102.66 billion, a price-to-earnings ratio of 124.05 and a beta of 1.78. The stock has a fifty day moving average price of $195.24 and a 200-day moving average price of $175.67.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. DoorDash had a return on equity of 8.48% and a net margin of 5.29%.DoorDash’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.65 EPS. On average, equities analysts predict that DoorDash, Inc. will post 2.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DASH has been the topic of a number of research reports. Wedbush raised their price target on DoorDash from $205.00 to $220.00 and gave the company a “neutral” rating in a research report on Thursday, August 20th. Benchmark cut their price objective on DoorDash from $285.00 to $270.00 and set a “buy” rating for the company in a report on Monday, August 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of DoorDash in a research report on Friday, August 7th. Rothschild & Co Redburn set a $350.00 price objective on DoorDash in a report on Tuesday, May 12th. Finally, BTIG Research reissued a “buy” rating and set a $225.00 price objective on shares of DoorDash in a report on Thursday, August 6th. Twenty-three equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, DoorDash currently has a consensus rating of “Moderate Buy” and an average target price of $254.53.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash participated in a $37 million funding round for Airbound, a drone-delivery company. The investment could give DoorDash access to technology that may eventually improve delivery speed, geographic reach and operating efficiency, although it is not expected to affect near-term earnings. Airbound raises $37 million from Greenoaks, DoorDash, others; aims to scale up drone delivery
• Positive Sentiment: The company launched a college-football rewards program, including promotional gift cards, free DashPass opportunities for some students and a chance to win a vehicle. The campaign, featuring Reggie Bush, Jameis Winston and Lane Kiffin, may increase customer engagement and order volumes during the football season. DoorDash Launches Season-Long Rewards Program for College Football Fans DoorDash Offers $250 Gift Cards and a Chance to Win a Car This Football Season
• Positive Sentiment: Analysts remain broadly constructive after DoorDash reported 35.6% year-over-year revenue growth to $4.45 billion, exceeding expectations. Several firms raised price targets, and the consensus rating remains “Moderate Buy,” with an average target of $254.53. DoorDash analyst and insider trading update
• Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day days-to-cover ratio. Because the figures appear anomalous, they provide little actionable information about bearish positioning.
• Negative Sentiment: COO Prabir Adarkar and director Stanley Tang disclosed stock sales totaling approximately $22.8 million. The trades were made under pre-arranged Rule 10b5-1 plans and primarily covered tax withholding, reducing their bearish significance, but Tang’s substantial reduction may still concern some investors. DoorDash insider transaction filings
• Negative Sentiment: DoorDash’s latest quarterly EPS slightly missed consensus and declined from the prior-year period. At roughly 120–124 times earnings, the stock also carries a demanding valuation, leaving it vulnerable if growth or profitability disappoints.
• Neutral Sentiment: A head-to-head comparison with Sands China offers no material new information about DoorDash’s fundamentals or outlook. DoorDash versus Sands China comparison

Institutional Trading of DoorDash

A number of institutional investors have recently made changes to their positions in DASH. Brighton Jones LLC raised its holdings in DoorDash by 24.0% during the 4th quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after buying an additional 1,807 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in DoorDash by 21.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company’s stock worth $314,000 after acquiring an additional 303 shares during the last quarter. Empowered Funds LLC grew its holdings in DoorDash by 3.6% in the 1st quarter. Empowered Funds LLC now owns 8,130 shares of the company’s stock worth $1,486,000 after acquiring an additional 285 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of DoorDash by 92.9% in the second quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company’s stock valued at $1,049,000 after acquiring an additional 2,049 shares during the period. Finally, Baird Financial Group Inc. purchased a new position in shares of DoorDash in the second quarter valued at about $222,000. Hedge funds and other institutional investors own 90.64% of the company’s stock.

DoorDash Company Profile

DoorDash, Inc operates a technology-driven logistics and food-delivery marketplace that connects consumers, merchants and independent delivery contractors. The company’s core service enables customers to order from local restaurants and retailers through its app and website while DoorDash handles last-mile fulfillment via its network of drivers, known as “Dashers.” Over time the platform has broadened beyond restaurant deliveries to include groceries, convenience items and retail deliveries, positioning DoorDash as a broader on-demand logistics provider for consumer goods.

In addition to its marketplace, DoorDash offers a suite of products and services for consumers and businesses.