Stanley Tang Sells 67,693 Shares of DoorDash (NASDAQ:DASH) Stock

Key Points

  • Director Stanley Tang sold 67,693 DoorDash shares at an average price of $200.63, generating approximately $13.58 million. The Rule 10b5-1 transaction reduced his stake by 62.73% to 40,218 shares.
  • DoorDash’s second-quarter revenue rose 35.6% year over year to $4.45 billion, exceeding analyst estimates of $4.34 billion, though earnings per share of $0.46 narrowly missed the $0.47 consensus.
  • Wall Street maintains a generally positive view, with a “Moderate Buy” consensus rating and an average price target of $252.72; institutional investors own approximately 90.64% of the stock.

DoorDash, Inc. (NASDAQ:DASH - Get Free Report) Director Stanley Tang sold 67,693 shares of DoorDash stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $200.63, for a total transaction of $13,581,246.59. Following the sale, the director owned 40,218 shares of the company's stock, valued at approximately $8,068,937.34. This represents a 62.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Stanley Tang also recently made the following trade(s):

  • On Thursday, July 2nd, Stanley Tang sold 23,125 shares of DoorDash stock. The shares were sold at an average price of $191.19, for a total value of $4,421,268.75.

DoorDash Trading Up 2.4%

NASDAQ DASH opened at $207.27 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.43 and a quick ratio of 1.43. The firm has a market cap of $90.31 billion, a P/E ratio of 98.70 and a beta of 1.78. The stock's 50-day moving average is $178.38 and its 200-day moving average is $174.43. DoorDash, Inc. has a one year low of $143.30 and a one year high of $285.50.




DoorDash (NASDAQ:DASH - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). DoorDash had a return on equity of 9.58% and a net margin of 6.29%.The firm had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.34 billion. During the same period in the prior year, the company earned $0.65 earnings per share. The firm's quarterly revenue was up 35.6% on a year-over-year basis. Sell-side analysts anticipate that DoorDash, Inc. will post 2.38 earnings per share for the current fiscal year.

DoorDash News Summary

Here are the key news stories impacting DoorDash this week:

  • Positive Sentiment: Second-quarter revenue rose 35.6% year over year to $4.45 billion, exceeding the $4.34 billion analyst consensus. DoorDash also reported continued growth in its marketplaces, membership programs and monthly active users, supporting the company’s expansion narrative. DoorDash Releases Second Quarter 2026 Financial Results
  • Positive Sentiment: UBS forecast substantial potential appreciation for DASH, reinforcing the view that the stock’s long-term growth prospects remain attractive. UBS Group Forecasts Strong Price Appreciation for DoorDash Stock
  • Positive Sentiment: DoorDash remains positioned to benefit from increasing interest in the gig economy, with analysts identifying DASH as one of the stocks to monitor alongside Uber and Etsy. Gig Economy Stocks to Monitor

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on DASH shares. Piper Sandler lowered their target price on DoorDash from $220.00 to $205.00 and set a "neutral" rating on the stock in a research note on Thursday, May 7th. Truist Financial cut their price target on shares of DoorDash from $340.00 to $330.00 and set a "buy" rating for the company in a report on Thursday, May 7th. Wedbush started coverage on DoorDash in a research report on Thursday, July 16th. They issued a "neutral" rating and a $205.00 target price on the stock. Jefferies Financial Group upped their price target on shares of DoorDash from $220.00 to $225.00 and gave the company a "buy" rating in a research report on Tuesday, July 14th. Finally, The Goldman Sachs Group set a $280.00 price target on shares of DoorDash in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, DoorDash presently has a consensus rating of "Moderate Buy" and a consensus price target of $252.72.

Get Our Latest Research Report on DoorDash

Institutional Investors Weigh In On DoorDash

A number of institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position 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 last quarter. Integrated Wealth Concepts LLC raised its stake in shares of DoorDash by 21.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,715 shares of the company's stock worth $314,000 after purchasing an additional 303 shares during the period. Empowered Funds LLC boosted its holdings in shares of DoorDash by 3.6% in the 1st quarter. Empowered Funds LLC now owns 8,130 shares of the company's stock worth $1,486,000 after buying an additional 285 shares during the last quarter. Sivia Capital Partners LLC grew its position in DoorDash by 92.9% during the second quarter. Sivia Capital Partners LLC now owns 4,255 shares of the company's stock valued at $1,049,000 after buying an additional 2,049 shares during the period. Finally, Baird Financial Group Inc. purchased a new stake in DoorDash during the second quarter worth about $222,000. 90.64% of the stock is owned by institutional investors.

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.

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