DoorDash (NASDAQ:DASH) Director Sells $226,600.00 in Stock

DoorDash, Inc. (NASDAQ:DASH) Director Shona Brown sold 1,250 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $181.28, for a total value of $226,600.00. Following the completion of the sale, the director directly owned 32,252 shares of the company’s stock, valued at $5,846,642.56. The trade was a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

DoorDash Stock Performance

Shares of NASDAQ:DASH opened at $160.34 on Friday. The company has a market cap of $69.11 billion, a P/E ratio of 81.39 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. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50. The business’s 50-day simple moving average is $213.26 and its 200 day simple moving average is $234.05.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: Analyst/independent bullish notes reiterate BUY at discounted levels, arguing valuation and long-term growth justify owning DASH ahead of earnings. Read More.
• Positive Sentiment: Grocery and retail partnerships remain a growth tailwind — sector coverage on Kroger’s turnaround highlights DoorDash as a continuing last-mile partner, underscoring recurring GOV opportunity from grocery fulfillment. Read More.
• Positive Sentiment: Resolution of fraud schemes tied to phantom orders (sentencing reported) reduces an ongoing loss/operational risk and supports margin stability. Read More.
• Neutral Sentiment: Waymo is paying gig workers (including DoorDash drivers) to close robotaxi doors — demonstrates the value and flexibility of the Dasher workforce, but payments go to drivers (not DoorDash directly), so corporate revenue impact is unclear. Read More.
• Neutral Sentiment: Q4 preview/earnings expectations: previews show an in-line quarter is likely (Bank of America/Proactive), keeping guidance risk moderate heading into the Feb. 18 report. Read More.
• Neutral Sentiment: Short-interest items circulating look inconsistent/erroneous (zeros/NaN), so current short-interest headlines are noisy and unlikely to be a reliable near-term driver until clarified.
• Negative Sentiment: Multiple driver-related safety incidents and arrests (stabbing attempt, accidental shooting, delivery-related arrests) are generating adverse headlines and reputational risk that can pressure the stock. Read More. | Read More.
• Negative Sentiment: Fatal hit‑and‑run coverage and related family lawsuits spotlight potential litigation and regulatory exposure that could create headline risk and legal costs. Read More.
• Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares recently — investors sometimes view insider sales negatively when combined with other near-term headwinds. Read More.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on DASH shares. Barclays reduced their target price on shares of DoorDash from $272.00 to $238.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 6th. Bank of America cut their price objective on shares of DoorDash from $325.00 to $305.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. BNP Paribas Exane began coverage on shares of DoorDash in a research report on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 price objective for the company. Mizuho dropped their target price on DoorDash from $350.00 to $320.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 12th. Finally, Wells Fargo & Company increased their price target on DoorDash from $239.00 to $251.00 and gave the company an “equal weight” rating in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $280.24.

Hedge Funds Weigh In On DoorDash

A number of hedge funds have recently bought and sold shares of the company. Greenland Capital Management LP increased its holdings in shares of DoorDash by 637.5% in the 2nd quarter. Greenland Capital Management LP now owns 23,572 shares of the company’s stock worth $5,811,000 after acquiring an additional 20,376 shares during the period. Geode Capital Management LLC grew its position in DoorDash by 2.9% in the 2nd quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company’s stock worth $1,950,711,000 after purchasing an additional 223,188 shares during the last quarter. Williamson Legacy Group LLC bought a new position in DoorDash in the 2nd quarter worth about $1,264,000. Brighton Jones LLC increased its stake in shares of DoorDash by 24.0% in the fourth quarter. Brighton Jones LLC now owns 9,336 shares of the company’s stock valued at $1,566,000 after purchasing an additional 1,807 shares during the period. Finally, Summit Global Investments bought a new stake in shares of DoorDash during the second quarter valued at approximately $830,000. 90.64% of the stock is currently owned by institutional investors and hedge funds.

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.