Tony Xu Sells 3,767 Shares of DoorDash (NASDAQ:DASH) Stock

DoorDash, Inc. (NASDAQ:DASH) CEO Tony Xu sold 3,767 shares of DoorDash stock in a transaction 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 sale, the chief executive officer directly owned 1,500 shares of the company’s stock, valued at $345,000. This represents a 71.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 stock was sold at an average price of $230.00, for a total value of $6,800,410.00.

DoorDash Price Performance

Shares of NASDAQ DASH opened at $231.89 on Friday. The firm has a market capitalization of $100.48 billion, a P/E ratio of 121.41 and a beta of 1.78. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.27. The stock’s 50-day simple moving average is $197.83 and its two-hundred day simple moving average is $176.39. DoorDash, Inc. has a twelve month low of $143.30 and a twelve month high of $285.50.

DoorDash (NASDAQ:DASH) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share (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 for the quarter, compared to the consensus estimate of $4.34 billion. During the same quarter last year, the business posted $0.65 EPS. The business’s revenue was up 35.6% compared to the same quarter last year. As a group, equities analysts anticipate that DoorDash, Inc. will post 2.46 EPS for the current fiscal year.

Institutional Investors Weigh In On DoorDash

A number of hedge funds have recently made changes to their positions in the business. MV Capital Management Inc. purchased a new stake in shares of DoorDash in the 4th quarter valued at $26,000. Washington Trust Advisors Inc. lifted its stake in DoorDash by 81.0% in the second quarter. Washington Trust Advisors Inc. now owns 143 shares of the company’s stock worth $26,000 after purchasing an additional 64 shares during the last quarter. Swiss RE Ltd. bought a new stake in DoorDash in the fourth quarter worth $28,000. ST Germain D J Co. Inc. purchased a new stake in DoorDash during the fourth quarter valued at about $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in DoorDash during the fourth quarter valued at about $32,000. 90.64% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on DASH shares. Bank of America reiterated a “buy” rating on shares of DoorDash in a research report on Thursday, August 6th. TD Cowen raised their price objective on shares of DoorDash from $225.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. The Goldman Sachs Group set a $280.00 price objective on shares of DoorDash in a report on Thursday, May 7th. Piper Sandler reiterated a “neutral” rating and issued a $220.00 target price (up from $205.00) on shares of DoorDash in a research report on Thursday, August 6th. Finally, UBS Group increased their target price on DoorDash from $223.00 to $225.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Twenty-three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $254.53.

Key Headlines Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash expanded its retail marketplace by adding Kohl’s, Barnes & Noble and Carter’s, bringing approximately 500,000 additional products to its platform ahead of the back-to-school season. The move supports DoorDash’s strategy to diversify beyond restaurant delivery and could increase order frequency and marketplace volume. DoorDash adds retail names and products
• Positive Sentiment: The company launched college-football season promotions featuring rewards, gift-card offers, DashPass perks and prize contests. The campaign could strengthen customer engagement and support delivery demand, although no financial impact was provided. DoorDash college football promotion
• Neutral Sentiment: DoorDash reported that pecan orders increased 28% as restaurants rolled out fall menus earlier. The data illustrates seasonal demand and offers marketing exposure, but it is not company guidance or a material financial forecast. DoorDash fall flavor data
• Negative Sentiment: Several executives and directors disclosed stock sales: COO Prabir Adarkar sold 55,289 shares for about $12.8 million; CEO Tony Xu sold 33,334 shares for roughly $7.7 million; and Director Stanley Tang sold 10,134 shares for approximately $2.3 million. The general counsel and chief accounting officer also sold shares. All transactions were conducted under pre-arranged Rule 10b5-1 plans, which reduces their value as a bearish signal, but the scale of the sales—particularly Xu’s sharply reduced ownership—could still weigh on sentiment. DoorDash insider sales

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.