DoorDash, Inc. (NYSE:DASH) CAO Sells $3,627,563.87 in Stock

DoorDash, Inc. (NYSE:DASH) CAO Gordon S. Lee sold 25,991 shares of the stock in a transaction on Monday, June 7th. The shares were sold at an average price of $139.57, for a total value of $3,627,563.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Gordon S. Lee also recently made the following trade(s):

  • On Thursday, May 20th, Gordon S. Lee sold 5,467 shares of DoorDash stock. The shares were sold at an average price of $136.72, for a total value of $747,448.24.

DASH opened at $144.85 on Friday. The stock’s fifty day moving average is $140.14. The firm has a market cap of $47.20 billion and a price-to-earnings ratio of -19.60. DoorDash, Inc. has a 52-week low of $110.13 and a 52-week high of $256.09.

DoorDash (NYSE:DASH) last released its quarterly earnings data on Thursday, May 13th. The company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.11). The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $994.62 million. The company’s revenue for the quarter was up 197.5% compared to the same quarter last year. On average, sell-side analysts forecast that DoorDash, Inc. will post -0.99 EPS for the current fiscal year.

A number of equities research analysts recently weighed in on the company. Needham & Company LLC assumed coverage on DoorDash in a research note on Monday, May 3rd. They issued a “buy” rating and a $175.00 price target on the stock. Oppenheimer reaffirmed a “hold” rating on shares of DoorDash in a report on Friday, February 26th. Mizuho decreased their price objective on DoorDash from $170.00 to $155.00 and set a “neutral” rating on the stock in a report on Friday, May 14th. Truist raised DoorDash from a “hold” rating to a “buy” rating and upped their price objective for the company from $180.00 to $185.00 in a report on Friday, May 14th. Finally, Truist Securities raised DoorDash from a “hold” rating to a “buy” rating and upped their price objective for the company from $180.00 to $185.00 in a report on Friday, May 14th. Eleven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $166.72.

Large investors have recently added to or reduced their stakes in the stock. Squarepoint Ops LLC acquired a new stake in DoorDash in the fourth quarter valued at about $2,403,000. Charles Schwab Investment Management Inc. acquired a new stake in DoorDash in the fourth quarter valued at about $22,062,000. SC US Ttgp LTD. acquired a new stake in DoorDash in the fourth quarter valued at about $7,426,893,000. Baillie Gifford & Co. acquired a new stake in DoorDash in the fourth quarter valued at about $222,773,000. Finally, Tiger Global Management LLC acquired a new stake in DoorDash in the fourth quarter valued at about $227,829,000. 76.23% of the stock is currently owned by institutional investors and hedge funds.

About DoorDash

DoorDash, Inc operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce.

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Insider Buying and Selling by Quarter for DoorDash (NYSE:DASH)

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