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

DoorDash, Inc. (NASDAQ:DASH) Director Stanley Tang sold 23,125 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $191.19, for a total transaction of $4,421,268.75. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

DoorDash Trading Down 3.3%

NASDAQ:DASH opened at $189.35 on Thursday. The company has a 50-day moving average price of $166.90 and a 200-day moving average price of $179.48. 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 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.27. The stock has a market cap of $82.50 billion, a price-to-earnings ratio of 90.17 and a beta of 1.78.

DoorDash (NASDAQ:DASH) last announced its earnings results on Wednesday, May 6th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. DoorDash had a net margin of 6.29% and a return on equity of 9.58%. The firm had revenue of $4.04 billion for the quarter, compared to analyst estimates of $4.15 billion. During the same quarter in the previous year, the firm posted $0.44 EPS. The company’s revenue for the quarter was up 33.1% compared to the same quarter last year. Equities analysts predict that DoorDash, Inc. will post 2.41 EPS for the current year.

More DoorDash News

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash continues to draw bullish attention after a valuation-focused article said the stock still looks undervalued, highlighting strong fundamentals and supporting the case for further upside. DoorDash Inc (DASH) Stock Up 3.9% and Still Undervalued — GF Score: 81/100
• Positive Sentiment: DoorDash’s expansion into auto parts suggests the company is broadening beyond restaurant delivery, which could improve growth prospects and strengthen its long-term valuation story. DoorDash (DASH) Pushes Into Auto Parts As Its Valuation Case Gets A Fresh Look
• Positive Sentiment: DoorDash’s DashPass was named a top food delivery subscription for college students, adding another consumer-friendly headline that may support brand strength and subscription adoption. Best Food Delivery Subscription for College Students (2026): DoorDash’s DashPass Named Top Choice by Expert Consumers
• Neutral Sentiment: A DoorDash ad drew social-media attention after mocking the U.S. World Cup loss, creating buzz but with limited clear financial impact. DoorDash ad takes jab at US World Cup loss
• Neutral Sentiment: Director Stanley Tang sold 23,125 shares in a pre-arranged 10b5-1 plan, which is not necessarily a negative signal but can still weigh on sentiment. DoorDash director Stanley Tang sold shares
• Negative Sentiment: A landmark ruling in Australia giving Uber and DoorDash drivers a 25% pay rise could increase labor costs and pressure margins, which is the clearest reason the stock is under pressure today. Uber and DoorDash drivers to win 25 per cent pay rise in landmark ruling

Wall Street Analyst Weigh In

DASH has been the subject of several research reports. Piper Sandler decreased their target price on DoorDash from $220.00 to $205.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Weiss Ratings upgraded DoorDash from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 13th. Susquehanna reduced their price target on DoorDash from $250.00 to $225.00 and set a “positive” rating on the stock in a research note on Friday, May 8th. BTIG Research decreased their price objective on DoorDash from $280.00 to $225.00 and set a “buy” rating for the company in a report on Friday, June 12th. Finally, Rothschild & Co Redburn set a $350.00 price objective on DoorDash in a research report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.08.

Institutional Trading of DoorDash

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in DoorDash by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 43,426,479 shares of the company’s stock valued at $9,835,229,000 after buying an additional 713,571 shares during the last quarter. SC US Ttgp LTD. grew its stake in shares of DoorDash by 1.6% in the fourth quarter. SC US Ttgp LTD. now owns 31,686,624 shares of the company’s stock worth $7,176,387,000 after acquiring an additional 506,358 shares during the last quarter. Morgan Stanley grew its stake in shares of DoorDash by 2.3% in the fourth quarter. Morgan Stanley now owns 17,536,824 shares of the company’s stock worth $3,971,741,000 after acquiring an additional 391,596 shares during the last quarter. State Street Corp increased its holdings in shares of DoorDash by 3.0% during the fourth quarter. State Street Corp now owns 15,761,072 shares of the company’s stock valued at $3,569,568,000 after acquiring an additional 464,448 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of DoorDash by 32.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,958,114 shares of the company’s stock valued at $3,161,234,000 after acquiring an additional 3,447,754 shares in the last quarter. 90.64% of the stock is owned by 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.