DoorDash, Inc. (NASDAQ:DASH – Get Free Report) Director Stanley Tang sold 45,410 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $209.01, for a total transaction of $9,491,144.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Stanley Tang also recently made the following trade(s):
- On Friday, January 2nd, Stanley Tang sold 45,410 shares of DoorDash stock. The stock was sold at an average price of $222.53, for a total transaction of $10,105,087.30.
- On Monday, December 1st, Stanley Tang sold 45,410 shares of DoorDash stock. The stock was sold at an average price of $205.07, for a total transaction of $9,312,228.70.
DoorDash Price Performance
Shares of DASH stock opened at $183.86 on Friday. DoorDash, Inc. has a 52-week low of $155.40 and a 52-week high of $285.50. The stock has a market cap of $79.24 billion, a PE ratio of 93.33 and a beta of 1.77. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04. The firm’s 50 day moving average price is $218.02 and its two-hundred day moving average price is $236.89.
DoorDash News Summary
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: High-profile Super Bowl ad campaign with 50 Cent – DoorDash ran a celebrity-led “Big Beef” spot (with playful jabs at Diddy) that should boost brand awareness and engagement during peak consumer spending moments, supporting order growth and marketing ROI expectations. Yahoo: 50 Cent stars in DoorDash’s Big Beef campaign
- Positive Sentiment: SNAP/EBT payment expansion — DoorDash expanded SNAP/EBT eligibility to more grocery and retail partners (Lowes Foods, Rouses, Wegmans, Dierbergs, CVS, etc.), widening its addressable market among lower-income consumers and improving revenue diversity beyond restaurant delivery. This supports long-term GMV and retention potential. Progressive Grocer: DoorDash expands SNAP/EBT payment
- Neutral Sentiment: Analyst coverage: Buy ratings mostly intact but price-target tweaks — Guggenheim reiterated a Buy while slightly lowering its target to $275, reflecting continued confidence in long-term growth despite elevated investment spending. Mixed analyst moves keep consensus at a moderate-buy but show differing views on near-term margins. Yahoo: Buy rating upheld as investments signal long-term growth
- Neutral Sentiment: Opinion/coverage about platform impact and culture — pieces debating delivery-economy effects surfaced (e.g., “DoorDash doomerism misses the point”), which may influence narrative but are unlikely to move fundamentals in the near term. MSN: DoorDash doomerism misses the point
- Negative Sentiment: Large insider selling by co‑founder/director Stanley Tang — Tang sold 45,410 shares (~$9.49M) on Feb 2 at ~$209/share. Significant, repeated insider sales can be perceived as a signal that insiders are taking gains, which may increase short-term selling pressure. SEC Form 4: Stanley Tang sale
- Negative Sentiment: Other director selling — Director Ashley Still sold 63 shares (~$13k) on Feb 3. While small, the additional insider sale adds to the narrative of insiders trimming positions. SEC Form 4: Ashley Still sale
- Negative Sentiment: Operational/PR hiccups — local incidents (e.g., a reported delivery-related customer complaint captured on camera) create isolated negative headlines that can amplify short-term reputation risk, though they are unlikely to affect large-scale fundamentals by themselves. MSN: Toledo delivery incident
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. reduced their target price on DoorDash from $325.00 to $300.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. UBS Group reissued a “neutral” rating and set a $245.00 price objective on shares of DoorDash in a research note on Monday. Royal Bank Of Canada lowered their target price on shares of DoorDash from $300.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Citigroup reiterated a “market outperform” rating on shares of DoorDash in a report on Monday, November 24th. Finally, Barclays decreased their price target on shares of DoorDash from $272.00 to $238.00 and set an “equal weight” rating for the company in a report on Thursday, November 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, DoorDash presently has a consensus rating of “Moderate Buy” and a consensus price target of $279.09.
Check Out Our Latest Analysis on DoorDash
Institutional Trading of DoorDash
Several hedge funds and other institutional investors have recently modified their holdings of DASH. Physician Wealth Advisors Inc. grew its holdings in shares of DoorDash by 284.0% during the third quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after buying an additional 71 shares in the last quarter. Eastern Bank boosted its position in DoorDash by 714.3% during the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock worth $26,000 after acquiring an additional 100 shares during the last quarter. Sunbelt Securities Inc. grew its stake in shares of DoorDash by 124.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after acquiring an additional 67 shares in the last quarter. GFG Capital LLC acquired a new stake in shares of DoorDash in the second quarter valued at approximately $30,000. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of DoorDash in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 90.64% of the company’s stock.
About DoorDash
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.
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