DoorDash (NASDAQ:DASH) Stock: Insider Stanley Tang Sells 23,125 Shares

Key Points

  • DoorDash director Stanley Tang sold 23,125 shares for approximately $4.31 million at an average price of $186.19. The Rule 10b5-1 transaction reduced his holdings by 69.06%, leaving him with 10,361 shares.
  • Tang has made several additional DoorDash sales in recent months, including approximately $41.85 million across transactions in August and September, indicating a broader pattern of insider selling.
  • DoorDash reported quarterly revenue of $4.45 billion, up 35.6% year over year, though EPS of $0.46 narrowly missed estimates. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $257.61.

DoorDash, Inc. (NASDAQ:DASH - Get Free Report) Director Stanley Tang sold 23,125 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $186.19, for a total value of $4,305,643.75. Following the completion of the sale, the director owned 10,361 shares of the company's stock, valued at approximately $1,929,114.59. This trade represents a 69.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 Wednesday, September 2nd, Stanley Tang sold 30,835 shares of DoorDash stock. The shares were sold at an average price of $225.98, for a total value of $6,968,093.30.
  • On Monday, August 24th, Stanley Tang sold 10,134 shares of DoorDash stock. The shares were sold at an average price of $225.00, for a total value of $2,280,150.00.
  • On Friday, August 21st, Stanley Tang sold 72,367 shares of DoorDash stock. The shares were sold at an average price of $225.16, for a total value of $16,294,153.72.
  • On Friday, August 21st, Stanley Tang sold 9,999 shares of DoorDash stock. The stock was sold at an average price of $225.00, for a total value of $2,249,775.00.
  • On Thursday, August 20th, Stanley Tang sold 2,160 shares of DoorDash stock. The shares were sold at an average price of $220.62, for a total transaction of $476,539.20.
  • On Monday, August 3rd, Stanley Tang sold 67,693 shares of DoorDash stock. The stock was sold at an average price of $200.63, for a total transaction of $13,581,246.59.

DoorDash Trading Up 1.0%




NASDAQ:DASH opened at $193.62 on Wednesday. The company has a 50-day moving average price of $206.71 and a 200-day moving average price of $182.05. DoorDash, Inc. has a 12 month low of $143.30 and a 12 month high of $285.50. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.27. The stock has a market cap of $83.90 billion, a price-to-earnings ratio of 101.37 and a beta of 1.90.

DoorDash (NASDAQ:DASH - Get Free Report) last released 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 return on equity of 8.48% and a net margin of 5.29%.The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.34 billion. During the same period in the previous year, the company earned $0.65 earnings per share. DoorDash's quarterly revenue was up 35.6% on a year-over-year basis. Equities analysts predict that DoorDash, Inc. will post 2.51 EPS for the current year.

Institutional Trading of DoorDash

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MV Capital Management Inc. bought a new position in DoorDash during the 4th quarter valued at approximately $26,000. Washington Trust Advisors Inc. raised its position in shares of DoorDash by 81.0% in the 2nd 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. CENTRAL TRUST Co raised its position in shares of DoorDash by 269.4% in the 1st quarter. CENTRAL TRUST Co now owns 266 shares of the company's stock worth $40,000 after purchasing an additional 194 shares during the last quarter. Ascentis Independent Advisors bought a new position in DoorDash in the 1st quarter worth about $55,000. Finally, University of Texas Texas AM Investment Management Co. boosted its stake in DoorDash by 60.3% in the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 287 shares of the company's stock worth $65,000 after purchasing an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 90.64% of the company's stock.

Analyst Ratings Changes

DASH has been the subject of a number of research analyst reports. Cantor Fitzgerald raised their target price on DoorDash from $230.00 to $260.00 and gave the company an "overweight" rating in a research note on Thursday, August 6th. Argus set a $190.00 price target on DoorDash in a research note on Thursday, June 11th. Bank of America reiterated a "buy" rating on shares of DoorDash in a report on Thursday, August 6th. Jefferies Financial Group raised their price objective on DoorDash from $220.00 to $225.00 and gave the company a "buy" rating in a research report on Tuesday, July 14th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of DoorDash in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, DoorDash currently has a consensus rating of "Moderate Buy" and an average target price of $257.61.

Read Our Latest Research Report on DASH

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

  • Positive Sentiment: Costco expands delivery partnership: Costco delivery is launching on DoorDash across Canada, broadening DASH’s grocery and retail marketplace and potentially increasing order volume and customer engagement. Costco Delivery Launches on DoorDash Across Canada
  • Positive Sentiment: Robot-delivery expansion in the UK: Deliveroo, part of DoorDash’s global portfolio, is partnering exclusively with Coco Robotics to begin sidewalk-robot deliveries in London and expand to additional UK cities. The move could improve delivery efficiency and support long-term margin potential, though near-term financial benefits are likely limited. Coco Robotics and Deliveroo announce exclusive partnership to scale robot deliveries across the UK
  • Positive Sentiment: Analyst sentiment remains constructive: DoorDash carries a consensus “Moderate Buy” rating, with reported price targets generally above the recent trading level. This provides a supportive backdrop, although the stock’s elevated valuation leaves it sensitive to execution and growth expectations. DoorDash Receives Average Recommendation of Moderate Buy from Analysts
  • Neutral Sentiment: Advertising and product strategy news: Coverage highlighted the sale of the agency behind DoorDash’s viral Super Bowl-week advertising campaign, while another report discussed DoorDash encouraging customers to use alternatives to its core food-ordering app. These items may influence brand strategy, but no immediate earnings impact was disclosed. Brands are fleeing TV for social
  • Negative Sentiment: App outage reported: Downdetector reports indicated that thousands of users experienced login, ordering or service problems. A disruption could temporarily reduce orders, frustrate customers and increase support costs if service reliability issues persist. DoorDash Down for Thousands of Users
  • Negative Sentiment: Insider selling: Director Stanley Tang sold 23,125 shares for approximately $4.3 million, while COO Keith Yandell sold 2,183 shares for about $401,000 and Director Andy Fang sold 5,000 shares for roughly $918,000. The transactions were made under pre-arranged Rule 10b5-1 plans, reducing their significance as bearish signals, but they may weigh modestly on sentiment.

DoorDash Company Profile

(Get Free Report)

DoorDash, Inc is a technology company that operates a local commerce platform connecting consumers with restaurants, grocery stores, convenience retailers and other merchants. Through its DoorDash app and website, customers can discover businesses, place orders for delivery or pickup, and access related services. The company also provides merchants with tools for online ordering, logistics, customer engagement, advertising and business analytics.

DoorDash generates additional activity through subscription programs such as DashPass, which provides participating customers with delivery-related benefits, and through its logistics and commerce solutions for merchants.

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

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