Ashley Still Sells 63 Shares of DoorDash, Inc. (NASDAQ:DASH) Stock

DoorDash, Inc. (NASDAQ:DASH - Get Free Report) Director Ashley Still sold 63 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $213.43, for a total value of $13,446.09. Following the sale, the director now owns 7,909 shares in the company, valued at approximately $1,688,017.87. The trade was a 0.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Ashley Still also recently made the following trade(s):

• On Friday, May 2nd, Ashley Still sold 62 shares of DoorDash stock. The shares were sold at an average price of $200.00, for a total value of $12,400.00.

DoorDash Price Performance

NASDAQ:DASH traded down $4.39 during midday trading on Thursday, reaching $215.84. 3,646,075 shares of the company traded hands, compared to its average volume of 4,212,392. The company has a fifty day moving average price of $191.24 and a 200 day moving average price of $186.08. The firm has a market capitalization of $91.46 billion, a price-to-earnings ratio of 799.41 and a beta of 1.67. DoorDash, Inc. has a twelve month low of $99.32 and a twelve month high of $220.64.

DoorDash (NASDAQ:DASH - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.05. The firm had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.10 billion. DoorDash had a return on equity of 1.67% and a net margin of 1.15%. The firm's revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.06) EPS. On average, equities research analysts forecast that DoorDash, Inc. will post 2.22 earnings per share for the current fiscal year.

Institutional Trading of DoorDash

Several hedge funds have recently added to or reduced their stakes in DASH. Saudi Central Bank bought a new stake in DoorDash during the 1st quarter valued at $25,000. WPG Advisers LLC bought a new stake in DoorDash during the 1st quarter valued at $26,000. Pacific Center for Financial Services bought a new stake in DoorDash during the 1st quarter valued at $27,000. Pittenger & Anderson Inc. bought a new stake in shares of DoorDash in the 4th quarter worth $29,000. Finally, Denver PWM LLC bought a new stake in shares of DoorDash in the 4th quarter worth $30,000. Institutional investors own 90.64% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Roth Capital set a $191.00 price objective on DoorDash and gave the stock a "neutral" rating in a report on Wednesday, May 7th. UBS Group dropped their price objective on DoorDash from $197.00 to $196.00 and set a "neutral" rating on the stock in a report on Wednesday, May 7th. Susquehanna lifted their price objective on DoorDash from $180.00 to $235.00 and gave the stock a "positive" rating in a report on Thursday, February 13th. Benchmark lifted their price objective on DoorDash from $220.00 to $225.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Finally, Truist Financial lifted their price objective on DoorDash from $217.00 to $235.00 and gave the stock a "buy" rating in a report on Wednesday, February 12th. Eleven research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. Based on data from MarketBeat, DoorDash has a consensus rating of "Moderate Buy" and a consensus price target of $209.97.

DoorDash Company Profile

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.

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