Key Points
- CFO Ravi Inukonda sold 1,017 DoorDash shares on Jan. 14 at an average price of $215.14 for a total of $218,797.38, leaving him with 208,412 shares (a 0.49% reduction) as disclosed in an SEC Form 4 filing.
- Recent insider selling is a pattern — Inukonda also sold 1,425 shares on Dec. 19 and 1,425 shares on Oct. 20 — creating visible, if modest, insider outflows alongside another director's recent sale.
- Context: DoorDash has a market cap near $88.5B, reported a recent quarterly EPS miss despite 27.3% revenue growth, and carries a MarketBeat consensus rating of "Moderate Buy" with a ~$278 price target amid analyst upgrades and some regulatory/executive turnover risks.
DoorDash, Inc. (NASDAQ:DASH - Get Free Report) CFO Ravi Inukonda sold 1,017 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $215.14, for a total transaction of $218,797.38. Following the completion of the sale, the chief financial officer owned 208,412 shares in the company, valued at $44,837,757.68. This represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Ravi Inukonda also recently made the following trade(s):
- On Friday, December 19th, Ravi Inukonda sold 1,425 shares of DoorDash stock. The stock was sold at an average price of $231.97, for a total value of $330,557.25.
- On Monday, October 20th, Ravi Inukonda sold 1,425 shares of DoorDash stock. The shares were sold at an average price of $263.86, for a total value of $376,000.50.
DoorDash Price Performance
Shares of NASDAQ:DASH opened at $205.32 on Friday. 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 business's fifty day moving average price is $216.50 and its two-hundred day moving average price is $240.35. The stock has a market cap of $88.49 billion, a PE ratio of 104.22 and a beta of 1.70. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50.
DoorDash (NASDAQ:DASH - Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share for the quarter, missing analysts' consensus estimates of $0.68 by ($0.13). The company had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.35 billion. DoorDash had a return on equity of 9.97% and a net margin of 6.83%.The business's revenue was up 27.3% compared to the same quarter last year. During the same period last year, the firm earned $0.38 earnings per share. On average, analysts forecast that DoorDash, Inc. will post 2.22 EPS for the current fiscal year.
Analysts Set New Price Targets
DASH has been the topic of several analyst reports. Benchmark raised their price target on shares of DoorDash from $315.00 to $320.00 and gave the stock a "buy" rating in a research note on Tuesday, November 4th. BTIG Research reissued a "buy" rating and set a $315.00 price objective on shares of DoorDash in a research note on Thursday, November 6th. BMO Capital Markets reaffirmed an "outperform" rating on shares of DoorDash in a research note on Friday, December 12th. Guggenheim reiterated a "buy" rating and issued a $280.00 price target on shares of DoorDash in a report on Wednesday, November 19th. Finally, Morgan Stanley increased their price target on DoorDash from $300.00 to $330.00 and gave the stock an "overweight" rating in a research note on Monday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $278.05.
Check Out Our Latest Analysis on DoorDash
Hedge Funds Weigh In On DoorDash
A number of hedge funds have recently made changes to their positions in DASH. Vanguard Group Inc. increased its holdings in shares of DoorDash by 3.7% during the 3rd quarter. Vanguard Group Inc. now owns 42,712,908 shares of the company's stock worth $11,617,484,000 after buying an additional 1,522,823 shares during the last quarter. State Street Corp grew its position in DoorDash by 6.3% during the third quarter. State Street Corp now owns 15,296,624 shares of the company's stock valued at $4,160,529,000 after acquiring an additional 909,125 shares during the period. Capital World Investors increased its stake in DoorDash by 0.9% during the third quarter. Capital World Investors now owns 10,865,927 shares of the company's stock worth $2,955,424,000 after acquiring an additional 95,278 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of 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 period. Finally, Invesco Ltd. raised its holdings in shares of DoorDash by 18.2% in the 3rd quarter. Invesco Ltd. now owns 6,355,628 shares of the company's stock worth $1,728,667,000 after purchasing an additional 980,148 shares during the period. Institutional investors and hedge funds own 90.64% of the company's stock.
More DoorDash News
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: BNP Paribas upgraded DoorDash to "strong-buy," signaling institutional optimism about the shares and potentially supporting demand. Read More.
- Positive Sentiment: BNP Paribas Exane initiated coverage of DASH, which can increase analyst attention and liquidity for the stock. Read More.
- Neutral Sentiment: DoorDash published data on big-game food trends, highlighting platform engagement and marketing/consumer demand insights that support revenue visibility around events. Read More.
- Neutral Sentiment: A viral local news story showed police delivering a pizza after a DoorDash driver was arrested; reputationally noteworthy but unlikely to move fundamentals. Read More.
- Negative Sentiment: DoorDash’s Chief Revenue Officer Lee Brown departed after about five months — a sign of executive turnover in a revenue-facing role that can spook investors concerned about sales execution. Read More.
- Negative Sentiment: Insiders sold shares: CFO Ravi Inukonda sold 1,017 shares (SEC Form 4 filing) and a Director sold about $277,900 of stock — modest but visible insider selling that can be read negatively by the market. Read More. Read More.
- Negative Sentiment: New reports and a city lawsuit allege DoorDash and competitors shortchanged delivery workers of roughly $550M in tips — a regulatory/legal risk that could lead to fines, settlements or changes to the business model. Read More.
DoorDash Company Profile
(
Get Free Report)
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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