Key Points
- Director Shona Brown sold 1,250 shares on Feb. 9 at an average price of $181.28 for about $226,600, trimming her stake ~3.73% to 32,252 shares (SEC Form 4 filed).
- DoorDash shares opened near $175.47 (reported down ~5.5%), with a market cap around $75.6B and a P/E of ~89; analysts carry a "Moderate Buy" consensus and an average price target of $280.24.
- Legal and operational headwinds — multiple driver-related incidents, lawsuits (including a fatal hit-and-run), and prior fraud schemes pose reputational, litigation, and compliance risks that could weigh on the stock.
DoorDash, Inc. (NASDAQ:DASH - Get Free Report) Director Shona Brown sold 1,250 shares of DoorDash stock in a transaction on 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 approximately $5,846,642.56. The trade was a 3.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.
DoorDash Trading Down 5.5%
DoorDash stock opened at $175.47 on Thursday. DoorDash, Inc. has a one year low of $155.40 and a one year high of $285.50. The business's fifty day moving average is $215.75 and its 200 day moving average is $235.16. The stock has a market capitalization of $75.63 billion, a PE ratio of 89.07 and a beta of 1.77. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.04 and a quick ratio of 2.04.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on DASH shares. The Goldman Sachs Group set a $267.00 price objective on shares of DoorDash in a report on Monday, February 2nd. BMO Capital Markets restated an "outperform" rating on shares of DoorDash in a research note on Friday, December 12th. Truist Financial increased their price objective on shares of DoorDash from $326.00 to $340.00 and gave the stock a "buy" rating in a research note on Thursday, October 23rd. Susquehanna cut their target price on shares of DoorDash from $300.00 to $250.00 and set a "positive" rating for the company in a research report on Friday, November 7th. Finally, UBS Group reaffirmed a "neutral" rating and set a $245.00 target price on shares of DoorDash in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $280.24.
Check Out Our Latest Analysis on DoorDash
Hedge Funds Weigh In On DoorDash
A number of hedge funds have recently modified their holdings of DASH. Greenland Capital Management LP raised its holdings in shares of DoorDash by 637.5% in the second quarter. Greenland Capital Management LP now owns 23,572 shares of the company's stock worth $5,811,000 after buying an additional 20,376 shares during the period. Geode Capital Management LLC boosted its holdings in DoorDash by 2.9% during the 2nd quarter. Geode Capital Management LLC now owns 7,951,230 shares of the company's stock valued at $1,950,711,000 after acquiring an additional 223,188 shares during the period. Williamson Legacy Group LLC bought a new position in DoorDash in the 2nd quarter valued at $1,264,000. Brighton Jones LLC increased its stake in DoorDash by 24.0% in the fourth quarter. Brighton Jones LLC now owns 9,336 shares of the company's stock worth $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 worth $830,000. 90.64% of the stock is currently owned by institutional investors.
Key DoorDash News
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: Strategic partnerships cited in sector coverage: a recent MarketBeat piece on Kroger’s turnaround highlights DoorDash as a continuing delivery partner for grocery last-mile fulfillment — a reminder of recurring revenue opportunities from grocery and retail partnerships. Kroger’s New CEO: A Turnaround Play in Aisle 4?
- Positive Sentiment: Enforcement against platform fraud: multiple articles report sentencing for a $2.5M "phantom orders" scam affecting DoorDash — resolution of these schemes reduces ongoing fraud risk and potential losses. Hayward Man Gets Prison In $2.5 Million DoorDash 'Phantom Orders' Hustle
- Neutral Sentiment: Short-interest report shown in feeds claims a "large increase" but the published numbers appear inconsistent/erroneous (zeros/NaN). The data point is noisy and likely not a reliable driver of price until clarified. (internal short-interest entries)
- Neutral Sentiment: Analyst/earnings previews: Zacks flagged DoorDash as unlikely to have the optimal mix for an earnings beat in the upcoming report; separate valuation pieces point to a rich P/E after recent weakness — these notes keep investor expectations cautious. DoorDash, Inc. (DASH) Earnings Expected to Grow: Should You Buy?
- Negative Sentiment: Insider selling: Director Shona L. Brown sold 1,250 shares on Feb. 9 at an average ~$181, reducing her stake ~3.7% — insider sales can be read negatively by investors, especially amid other headwinds. SEC Form 4
- Negative Sentiment: Legal and reputational risk from fatal hit-and-run: coverage of a Queens fatal hit-and-run involving a DoorDash driver and subsequent family lawsuits raises potential liability and brand risk. Lawsuits and adverse publicity can pressure the stock. Suspect in fatal Queens hit-and-run of DoorDash driver returned to NYC
- Negative Sentiment: Multiple driver-related incidents and legal claims reported (tasing, arrests, immigration issues) add operational and reputational noise that could spur regulatory scrutiny and higher compliance costs. Examples include driver tasing and felony allegations in separate stories. Driver accused in Polk County burglary
- Negative Sentiment: Ongoing litigation: multiple recent articles note families suing DoorDash after driver-related fatalities; potential legal exposure and settlements remain a risk for near-term investor sentiment. Parents file lawsuit against DoorDash
About DoorDash
(
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.
See Also
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