DoorDash, Inc. (NASDAQ:DASH – Get Free Report) COO Prabir Adarkar sold 15,000 shares of DoorDash stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $204.59, for a total transaction of $3,068,850.00. Following the completion of the transaction, the chief operating officer directly owned 874,130 shares in the company, valued at $178,838,256.70. This trade represents a 1.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Prabir Adarkar also recently made the following trade(s):
- On Monday, December 22nd, Prabir Adarkar sold 30,000 shares of DoorDash stock. The stock was sold at an average price of $234.57, for a total value of $7,037,100.00.
- On Monday, November 24th, Prabir Adarkar sold 24,489 shares of DoorDash stock. The shares were sold at an average price of $187.36, for a total value of $4,588,259.04.
DoorDash Trading Down 0.2%
Shares of DASH opened at $207.23 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.04 and a current ratio of 2.04. DoorDash, Inc. has a 52-week low of $155.40 and a 52-week high of $285.50. The firm has a market cap of $89.32 billion, a price-to-earnings ratio of 105.19 and a beta of 1.70. The business’s fifty day moving average is $217.08 and its 200-day moving average is $239.17.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on DASH shares. Benchmark upped their price objective on shares of DoorDash from $315.00 to $320.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Zacks Research downgraded shares of DoorDash from a “hold” rating to a “strong sell” rating in a report on Monday, January 5th. Wall Street Zen cut DoorDash from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Oppenheimer restated an “outperform” rating and set a $280.00 price objective on shares of DoorDash in a research report on Thursday, November 6th. Finally, BNP Paribas Exane initiated coverage on DoorDash in a report on Wednesday, January 14th. They issued an “outperform” rating and a $280.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $281.26.
View Our Latest Stock Report on DASH
Key DoorDash News
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: DoorDash says it applied AI across chat and calls to detect and defuse unsafe interactions, cutting reported incidents by ~50% — a meaningful operational improvement that can reduce liability, lower driver churn and improve marketplace trust. DoorDash Applies AI to Safety Across Chat and Calls, Cutting Incidents by 50%
- Positive Sentiment: Hibbett launched on DoorDash nationwide, expanding DoorDash’s retail assortment beyond food and groceries — a distribution win that supports revenue diversification and incremental GMV. Hibbett Launches on DoorDash
- Neutral Sentiment: Severe weather coverage warns consumers/drivers to avoid driving during a D-FW winter storm — a temporary drop in delivery activity in affected regions but not a company-specific structural issue. Should you Uber, Lyft, Doordash during D-FW winter storm?
- Negative Sentiment: A federal judge rejected DoorDash and Uber’s bid to block New York City’s tipping rules and related mandates (including a required 10% tip prompt) — a legal setback that increases the chance of changes that could boost customer tips but pressure platform commissions and take-rates in a major market. Judge rejects DoorDash, Uber bid to block NYC tipping laws Doordash, Uber fail to stop NYC law requiring 10% tip prompt
- Negative Sentiment: COO Prabir Adarkar sold 15,000 shares (~1.7% reduction of his recent position) — an insider sale that can weigh on sentiment even though his remaining stake remains large. SEC filing and coverage noted the trade. DoorDash COO Prabir Adarkar Sells 15,000 Shares
- Negative Sentiment: KeyCorp cut its price target to $275 — a downward analyst revision that can temper buy-side enthusiasm and price momentum. KeyCorp Lowers DoorDash Price Target
- Negative Sentiment: Recent reports of assaults and a knife threat against DoorDash drivers highlight ongoing safety risks that tie back to liability, insurance and retention costs despite the company’s AI safety push. Police look for man accused of flashing a knife at a DoorDash driver DoorDash driver reports armed robbery during delivery
Institutional Investors Weigh In On DoorDash
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Gilbert & Cook Inc. boosted its holdings in DoorDash by 2.6% in the second quarter. Gilbert & Cook Inc. now owns 1,685 shares of the company’s stock valued at $415,000 after acquiring an additional 42 shares during the last quarter. Resonant Capital Advisors LLC boosted its stake in shares of DoorDash by 3.5% in the 3rd quarter. Resonant Capital Advisors LLC now owns 1,229 shares of the company’s stock valued at $334,000 after purchasing an additional 42 shares during the last quarter. Premier Path Wealth Partners LLC increased its position in shares of DoorDash by 1.9% during the third quarter. Premier Path Wealth Partners LLC now owns 2,414 shares of the company’s stock worth $657,000 after buying an additional 45 shares during the period. Perigon Wealth Management LLC increased its position in shares of DoorDash by 1.3% during the second quarter. Perigon Wealth Management LLC now owns 3,701 shares of the company’s stock worth $912,000 after buying an additional 46 shares during the period. Finally, Advisory Resource Group raised its stake in DoorDash by 0.8% during the second quarter. Advisory Resource Group now owns 5,774 shares of the company’s stock worth $1,423,000 after buying an additional 48 shares during the last quarter. Institutional investors and hedge funds own 90.64% of the company’s stock.
About DoorDash
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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