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

DoorDash, Inc. (NASDAQ:DASH) Director Stanley Tang sold 67,693 shares of the firm’s 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 transaction, the director directly owned 40,218 shares of the company’s stock, valued at approximately $8,068,937.34. This trade represents a 62.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 transaction of $4,421,268.75.

DoorDash Price Performance

DASH stock opened at $207.27 on Thursday. The stock’s fifty day simple moving average is $178.38 and its 200-day simple moving average is $174.43. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.27. DoorDash, Inc. has a 52-week low of $143.30 and a 52-week high of $285.50. The stock has a market capitalization of $90.31 billion, a price-to-earnings ratio of 98.70 and a beta of 1.78.

DoorDash (NASDAQ:DASH) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01). DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The company 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 EPS. The company’s revenue was up 35.6% compared to the same quarter last year. Equities research analysts expect that DoorDash, Inc. will post 2.38 EPS for the current year.

Hedge Funds Weigh In On DoorDash

Hedge funds have recently made changes to their positions in the business. MV Capital Management Inc. acquired a new position in DoorDash during the fourth quarter valued at $26,000. Sunbelt Securities Inc. lifted its stake in shares of DoorDash by 124.1% in the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock valued at $33,000 after buying an additional 67 shares during the period. Swiss RE Ltd. acquired a new stake in shares of DoorDash during the 4th quarter worth approximately $28,000. ST Germain D J Co. Inc. acquired a new stake in DoorDash during the fourth quarter worth $29,000. Finally, Morse Asset Management Inc bought a new stake in DoorDash in the third quarter valued at about $36,000. Institutional investors and hedge funds own 90.64% of the company’s stock.

Analysts Set New Price Targets

DASH has been the subject of several recent research reports. Wells Fargo & Company dropped their price objective on shares of DoorDash from $200.00 to $199.00 and set an “equal weight” rating for the company in a research report on Monday, July 6th. Susquehanna cut their target price on DoorDash from $250.00 to $225.00 and set a “positive” rating on the stock in a research report on Friday, May 8th. TD Cowen reaffirmed a “buy” rating on shares of DoorDash in a research report on Wednesday, July 15th. The Goldman Sachs Group set a $280.00 target price on shares of DoorDash in a research note on Thursday, May 7th. Finally, Truist Financial lowered their target price on DoorDash from $340.00 to $330.00 and set a “buy” rating for the company in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, DoorDash currently has a consensus rating of “Moderate Buy” and an average target price of $252.72.

Key Stories Impacting DoorDash

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

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.