1 week Ago By ABMN Staff
DoorDash, Inc. ( NASDAQ:DASH – Get Free Report ) Director Stanley Tang sold 50,000 shares of DoorDash stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $170.
34, for a total transaction of $8,517,000.00. Following the completion of the sale, the director now owns 35,413 shares of the company’s stock, valued at approximately $6,032,250.
42. The trade was a 58.54 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the SEC, which can be accessed through this link . Stanley Tang also recently made the following trade(s): DoorDash Stock Performance DASH opened at $174.96 on Friday.
DoorDash, Inc. has a fifty-two week low of $93.33 and a fifty-two week high of $181.
78. The firm has a 50-day moving average of $171.36 and a 200 day moving average of $141.
52. The firm has a market cap of $72.68 billion, a P/E ratio of -388.
80, a PEG ratio of 13.56 and a beta of 1.70.
Wall Street Analysts Forecast Growth DASH has been the subject of a number of recent analyst reports. Truist Financial upped their price target on shares of DoorDash from $180.00 to $217.
00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Wolfe Research raised their target price on DoorDash from $210.00 to $220.
00 and gave the company an “outperform” rating in a report on Friday. Loop Capital boosted their price target on DoorDash from $170.00 to $200.
00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. The Goldman Sachs Group upped their price objective on DoorDash from $142.00 to $161.
00 and gave the stock a “neutral” rating in a research report on Friday, November 1st. Finally, Susquehanna lifted their target price on DoorDash from $140.00 to $180.
00 and gave the company a “positive” rating in a research report on Friday, November 1st. Nine analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $171.
42. Check Out Our Latest Stock Report on DoorDash Institutional Inflows and Outflows Several institutional investors and hedge funds have recently made changes to their positions in the company. Baillie Gifford & Co.
lifted its holdings in DoorDash by 13.2% during the third quarter. Baillie Gifford & Co.
now owns 14,142,674 shares of the company’s stock valued at $2,018,584,000 after purchasing an additional 1,645,186 shares during the last quarter. State Street Corp raised its position in shares of DoorDash by 3.8% in the third quarter.
State Street Corp now owns 7,395,891 shares of the company’s stock valued at $1,055,616,000 after purchasing an additional 272,659 shares during the period. Janus Henderson Group PLC boosted its holdings in DoorDash by 14.5% in the 3rd quarter.
Janus Henderson Group PLC now owns 5,533,288 shares of the company’s stock worth $789,766,000 after buying an additional 700,465 shares during the period. Geode Capital Management LLC grew its stake in DoorDash by 6.4% in the 3rd quarter.
Geode Capital Management LLC now owns 4,472,154 shares of the company’s stock valued at $636,652,000 after buying an additional 267,855 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in DoorDash by 15.
2% during the 3rd quarter. Franklin Resources Inc. now owns 3,800,396 shares of the company’s stock valued at $570,135,000 after acquiring an additional 501,905 shares during the period.
Institutional investors own 90.64% of the company’s stock. About DoorDash ( Get Free Report ) DoorDash, Inc, together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally.
The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, merchandising, payment processing, and customer support. Read More Receive News & Ratings for DoorDash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoorDash and related companies with MarketBeat.com's FREE daily email newsletter .
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