DoorDash (NASDAQ:DASH) Director Shona Brown Sells 1,250 Shares

DoorDash, Inc. (NASDAQ:DASH) Director Shona Brown sold 1,250 shares of DoorDash stock in a transaction that occurred 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 owned 32,252 shares in the company, valued at approximately $5,846,642.56. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

DoorDash Stock Performance

NASDAQ:DASH opened at $175.47 on Thursday. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $215.75 and its 200 day simple moving average is $235.16. The stock has a market cap of $75.63 billion, a P/E ratio of 89.07 and a beta of 1.77. DoorDash, Inc. has a twelve month low of $155.40 and a twelve month high of $285.50.

Analyst Ratings Changes

DASH has been the subject of a number of research reports. Truist Financial increased their price target 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. Barclays decreased their target price on DoorDash from $272.00 to $238.00 and set an “equal weight” rating for the company in a research report on Thursday, November 6th. Zacks Research lowered DoorDash from a “hold” rating to a “strong sell” rating in a research report on Monday, January 5th. The Goldman Sachs Group set a $267.00 price target on DoorDash in a research note on Monday, February 2nd. Finally, Morgan Stanley raised their price objective on DoorDash from $300.00 to $330.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, DoorDash currently has an average rating of “Moderate Buy” and a consensus target price of $280.24.

DoorDash News Roundup

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

Institutional Investors Weigh In On DoorDash

Institutional investors have recently modified their holdings of the stock. Physician Wealth Advisors Inc. raised its position in shares of DoorDash by 284.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the last quarter. Eastern Bank increased its stake in DoorDash by 714.3% during the 4th quarter. Eastern Bank now owns 114 shares of the company’s stock valued at $26,000 after purchasing an additional 100 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in DoorDash by 124.1% in the third quarter. Sunbelt Securities Inc. now owns 121 shares of the company’s stock worth $33,000 after buying an additional 67 shares during the last quarter. ST Germain D J Co. Inc. bought a new position in shares of DoorDash in the fourth quarter worth approximately $29,000. Finally, Morse Asset Management Inc purchased a new stake in shares of DoorDash during the third quarter valued at approximately $36,000. 90.64% of the stock is owned by hedge funds and other institutional investors.

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.