Insider Selling: DoorDash (NASDAQ:DASH) CEO Sells $866,410.00 in Stock

DoorDash, Inc. (NASDAQ:DASH) CEO Tony Xu sold 3,767 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $230.00, for a total value of $866,410.00. Following the transaction, the chief executive officer owned 1,500 shares of the company’s stock, valued at $345,000. This represents a 71.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Tony Xu also recently made the following trade(s):

• On Monday, August 24th, Tony Xu sold 29,567 shares of DoorDash stock. The shares were sold at an average price of $230.00, for a total transaction of $6,800,410.00.

DoorDash Price Performance

Shares of NASDAQ:DASH traded up $3.43 on Wednesday, reaching $236.93. The company’s stock had a trading volume of 5,006,178 shares, compared to its average volume of 4,787,201. The company has a 50-day simple moving average of $195.24 and a 200 day simple moving average of $175.67. DoorDash, Inc. has a 52-week low of $143.30 and a 52-week high of $285.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. The company has a market cap of $102.66 billion, a P/E ratio of 124.05 and a beta of 1.78.

DoorDash (NASDAQ:DASH) last announced 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). DoorDash had a net margin of 5.29% and a return on equity of 8.48%. The business had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same period in the previous year, the business posted $0.65 EPS. The firm’s revenue was up 35.6% on a year-over-year basis. As a group, equities research analysts anticipate that DoorDash, Inc. will post 2.46 EPS for the current fiscal year.

Hedge Funds Weigh In On DoorDash

A number of large investors have recently bought and sold shares of the business. California State Teachers Retirement System increased its holdings in shares of DoorDash by 16,825.6% in the 2nd quarter. California State Teachers Retirement System now owns 103,516,163 shares of the company’s stock valued at $19,101,838,000 after acquiring an additional 102,904,566 shares during the period. SC US Ttgp LTD. raised its holdings in DoorDash by 1.6% in the fourth quarter. SC US Ttgp LTD. now owns 31,686,624 shares of the company’s stock worth $7,176,387,000 after purchasing an additional 506,358 shares in the last quarter. Morgan Stanley raised its holdings in DoorDash by 2.3% in the fourth quarter. Morgan Stanley now owns 17,536,824 shares of the company’s stock worth $3,971,741,000 after purchasing an additional 391,596 shares in the last quarter. State Street Corp lifted its position in shares of DoorDash by 3.0% during the fourth quarter. State Street Corp now owns 15,761,072 shares of the company’s stock valued at $3,569,568,000 after buying an additional 464,448 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of DoorDash by 32.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,958,114 shares of the company’s stock valued at $3,161,234,000 after buying an additional 3,447,754 shares in the last quarter. Institutional investors own 90.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on DASH. BTIG Research reiterated a “buy” rating and set a $225.00 price objective on shares of DoorDash in a research report on Thursday, August 6th. Needham & Company LLC reissued a “buy” rating and issued a $265.00 price objective on shares of DoorDash in a research report on Thursday, August 6th. Argus set a $190.00 target price on DoorDash in a research report on Thursday, June 11th. KeyCorp reduced their price target on DoorDash from $280.00 to $275.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Finally, Zacks Research upgraded DoorDash from a “strong sell” rating to a “hold” rating in a report on Monday, August 17th. Twenty-three investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $254.53.

Key Headlines 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

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.