Tony Xu Sells 3,767 Shares of DoorDash (NASDAQ:DASH) Stock

Key Points

• CEO Tony Xu sold 3,767 DoorDash shares for approximately $866,410 at $230 per share under a pre-arranged Rule 10b5-1 plan, reducing his direct holdings by 71.52% to 1,500 shares.
• DoorDash reported quarterly revenue of $4.45 billion, up 35.6% year over year and above expectations, though EPS of $0.46 slightly missed consensus and declined from the prior-year period.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and average price target of $254.53, but the stock’s elevated valuation near 124 times earnings and additional insider selling are potential risks.

DoorDash, Inc. (NASDAQ:DASH - Get Free Report) CEO Tony Xu sold 3,767 shares of DoorDash stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $230.00, for a total transaction of $866,410.00. Following the sale, the chief executive officer directly owned 1,500 shares in the company, valued at $345,000. The trade was a 71.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Tony Xu also recently made the following trade(s):

• On Monday, August 24th, Tony Xu sold 29,567 shares of DoorDash stock. The stock was sold at an average price of $230.00, for a total value of $6,800,410.00.

DoorDash Stock Up 1.5%

Shares of DASH traded up $3.43 on Wednesday, reaching $236.93. The stock had a trading volume of 5,006,178 shares, compared to its average volume of 4,787,201. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.37 and a current ratio of 1.37. DoorDash, Inc. has a 12-month low of $143.30 and a 12-month high of $285.50. The firm has a market capitalization of $102.66 billion, a price-to-earnings ratio of 124.05 and a beta of 1.78. The company has a 50-day simple moving average of $195.24 and a 200-day simple moving average of $175.67.

DoorDash (NASDAQ:DASH - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.01). The firm had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.34 billion. DoorDash had a return on equity of 8.48% and a net margin of 5.29%.DoorDash's revenue for the quarter was up 35.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.65 earnings per share. Sell-side analysts predict that DoorDash, Inc. will post 2.46 EPS for the current year.

Hedge Funds Weigh In On DoorDash

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. MV Capital Management Inc. bought a new stake in shares of DoorDash during the 4th quarter valued at $26,000. Washington Trust Advisors Inc. boosted its position in shares of DoorDash by 81.0% during the second quarter. Washington Trust Advisors Inc. now owns 143 shares of the company's stock worth $26,000 after acquiring an additional 64 shares during the last quarter. Swiss RE Ltd. bought a new stake in DoorDash in the 4th quarter valued at $28,000. ST Germain D J Co. Inc. bought a new position in shares of DoorDash during the 4th quarter valued at about $29,000. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of DoorDash during the fourth quarter valued at about $32,000. Institutional investors own 90.64% of the company's stock.

Key Stories Impacting DoorDash

Here are the key news stories impacting DoorDash this week:

• Positive Sentiment: DoorDash participated in a $37 million funding round for Airbound, a drone-delivery company. The investment could give DoorDash access to technology that may eventually improve delivery speed, geographic reach and operating efficiency, although it is not expected to affect near-term earnings. Airbound raises $37 million from Greenoaks, DoorDash, others; aims to scale up drone delivery
• Positive Sentiment: The company launched a college-football rewards program, including promotional gift cards, free DashPass opportunities for some students and a chance to win a vehicle. The campaign, featuring Reggie Bush, Jameis Winston and Lane Kiffin, may increase customer engagement and order volumes during the football season. DoorDash Launches Season-Long Rewards Program for College Football Fans DoorDash Offers $250 Gift Cards and a Chance to Win a Car This Football Season
• Positive Sentiment: Analysts remain broadly constructive after DoorDash reported 35.6% year-over-year revenue growth to $4.45 billion, exceeding expectations. Several firms raised price targets, and the consensus rating remains “Moderate Buy,” with an average target of $254.53. DoorDash analyst and insider trading update
• Neutral Sentiment: Reported short interest was listed at zero shares, producing a zero-day days-to-cover ratio. Because the figures appear anomalous, they provide little actionable information about bearish positioning.
• Negative Sentiment: COO Prabir Adarkar and director Stanley Tang disclosed stock sales totaling approximately $22.8 million. The trades were made under pre-arranged Rule 10b5-1 plans and primarily covered tax withholding, reducing their bearish significance, but Tang’s substantial reduction may still concern some investors. DoorDash insider transaction filings
• Negative Sentiment: DoorDash’s latest quarterly EPS slightly missed consensus and declined from the prior-year period. At roughly 120–124 times earnings, the stock also carries a demanding valuation, leaving it vulnerable if growth or profitability disappoints.
• Neutral Sentiment: A head-to-head comparison with Sands China offers no material new information about DoorDash’s fundamentals or outlook. DoorDash versus Sands China comparison

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on DASH shares. Rothschild & Co Redburn set a $350.00 price target on shares of DoorDash in a research report on Tuesday, May 12th. Citigroup reaffirmed a "market outperform" rating on shares of DoorDash in a research note on Monday. Susquehanna lifted their target price on shares of DoorDash from $225.00 to $250.00 and gave the company a "positive" rating in a report on Friday, August 7th. BTIG Research reissued a "buy" rating and issued a $225.00 price target on shares of DoorDash in a research report on Thursday, August 6th. Finally, Jefferies Financial Group upped their price target on DoorDash from $220.00 to $225.00 and gave the stock a "buy" rating in a research note on Tuesday, July 14th. Twenty-three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $254.53.

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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