DoorDash, Inc. (NASDAQ:DASH – Get Free Report) insider Keith Yandell sold 5,509 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $176.24, for a total transaction of $970,906.16. Following the completion of the transaction, the insider now directly owns 118,712 shares of the company’s stock, valued at $20,921,802.88. The trade was a 4.43 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Keith Yandell also recently made the following trade(s):
- On Wednesday, November 20th, Keith Yandell sold 7,980 shares of DoorDash stock. The shares were sold at an average price of $169.98, for a total transaction of $1,356,440.40.
- On Wednesday, November 20th, Keith Yandell sold 7,980 shares of DoorDash stock. The shares were sold at an average price of $169.98, for a total transaction of $1,356,440.40.
DoorDash Trading Down 0.3 %
DASH stock opened at $178.44 on Friday. The firm has a market cap of $74.12 billion, a P/E ratio of -396.53, a P/E/G ratio of 13.77 and a beta of 1.67. DoorDash, Inc. has a 12-month low of $92.58 and a 12-month high of $181.30. The stock’s 50 day simple moving average is $156.47 and its 200 day simple moving average is $130.31.
Analyst Upgrades and Downgrades
DASH has been the subject of several analyst reports. Wells Fargo & Company boosted their target price on shares of DoorDash from $127.00 to $142.00 and gave the company an “equal weight” rating in a research note on Friday, October 4th. Benchmark upped their price objective on shares of DoorDash from $152.00 to $173.00 and gave the company a “buy” rating in a research note on Thursday, October 17th. Truist Financial upped their price objective on shares of DoorDash from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Morgan Stanley upped their price objective on shares of DoorDash from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, UBS Group upped their price objective on shares of DoorDash from $143.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Ten equities research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the stock. According to data from MarketBeat.com, DoorDash presently has a consensus rating of “Moderate Buy” and a consensus target price of $166.06.
View Our Latest Report on DASH
Institutional Investors Weigh In On DoorDash
Large investors have recently added to or reduced their stakes in the stock. Rakuten Securities Inc. increased its holdings in shares of DoorDash by 302.3% during the third quarter. Rakuten Securities Inc. now owns 173 shares of the company’s stock valued at $25,000 after purchasing an additional 130 shares during the period. Meeder Asset Management Inc. increased its holdings in shares of DoorDash by 82.0% during the second quarter. Meeder Asset Management Inc. now owns 293 shares of the company’s stock valued at $32,000 after purchasing an additional 132 shares during the period. Headlands Technologies LLC acquired a new position in shares of DoorDash during the second quarter valued at $32,000. Versant Capital Management Inc increased its holdings in shares of DoorDash by 340.8% during the second quarter. Versant Capital Management Inc now owns 335 shares of the company’s stock valued at $36,000 after purchasing an additional 259 shares during the period. Finally, Quest Partners LLC increased its holdings in shares of DoorDash by 146.8% during the second quarter. Quest Partners LLC now owns 343 shares of the company’s stock valued at $37,000 after purchasing an additional 204 shares during the period. 90.64% of the stock is owned by institutional investors and hedge funds.
About DoorDash
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.
Featured Articles
- Five stocks we like better than DoorDash
- Stock Average Calculator
- Eli Lilly, Pfizer, and AstraZeneca: 2025 Vaccine Makers to Watch
- Manufacturing Stocks Investing
- DICK’S Sporting Goods: The Under-the-Radar Buy-and-Hold Winner
- Investing in the High PE Growth Stocks
- 2 Cheap Quantum Computing Stocks to Buy Instead of Chasing IonQ
Receive News & Ratings for DoorDash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoorDash and related companies with MarketBeat.com's FREE daily email newsletter.