DoorDash (NASDAQ:DASH) COO Prabir Adarkar Sells 30,000 Shares of Stock
by Michael Walen · The Markets DailyDoorDash, Inc. (NASDAQ:DASH – Get Free Report) COO Prabir Adarkar sold 30,000 shares of the stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $234.57, for a total transaction of $7,037,100.00. Following the transaction, the chief operating officer owned 874,130 shares of the company’s stock, valued at $205,044,674.10. This represents a 3.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Prabir Adarkar also recently made the following trade(s):
- 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 transaction of $4,588,259.04.
- On Tuesday, October 14th, Prabir Adarkar sold 24,968 shares of DoorDash stock. The shares were sold at an average price of $272.32, for a total transaction of $6,799,285.76.
- On Monday, September 29th, Prabir Adarkar sold 30,000 shares of DoorDash stock. The stock was sold at an average price of $270.60, for a total transaction of $8,118,000.00.
DoorDash Stock Down 0.9%
DoorDash stock opened at $232.70 on Wednesday. The firm has a 50 day simple moving average of $226.45 and a 200 day simple moving average of $240.91. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 0.29. DoorDash, Inc. has a 1-year low of $155.40 and a 1-year high of $285.50. The firm has a market capitalization of $100.29 billion, a price-to-earnings ratio of 118.12 and a beta of 1.72.
DoorDash (NASDAQ:DASH – Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.13). The company had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.35 billion. DoorDash had a return on equity of 9.97% and a net margin of 6.83%.The company’s revenue was up 27.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.38 EPS. On average, analysts predict that DoorDash, Inc. will post 2.22 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on DASH shares. BMO Capital Markets reiterated an “outperform” rating on shares of DoorDash in a research report on Friday, December 12th. Citigroup reaffirmed a “market outperform” rating on shares of DoorDash in a report on Monday, November 24th. BTIG Research reissued a “buy” rating and issued a $315.00 price target on shares of DoorDash in a report on Thursday, November 6th. Benchmark boosted their price target on shares of DoorDash from $315.00 to $320.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Finally, DA Davidson reiterated a “neutral” rating and issued a $260.00 price objective on shares of DoorDash in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, DoorDash currently has an average rating of “Moderate Buy” and an average target price of $275.74.
Read Our Latest Stock Analysis on DASH
Key Stores Impacting DoorDash
Here are the key news stories impacting DoorDash this week:
- Positive Sentiment: CEO Tony Xu received the 2025 Singleton Next Generation CEO Prize — positive PR that highlights management recognition and can support longer‑term brand confidence. LA Times: Tony Xu Award
- Positive Sentiment: DoorDash partnered with the Midcoast Youth Center to deliver meals to vulnerable families — positive community engagement that can bolster local goodwill and merchant/consumer relations. Press Herald: Partnership
- Neutral Sentiment: Analyst and peer comparisons are mixed: a Zacks piece contrasts DoorDash’s strong order and GOV growth with Shopify’s enterprise push, while several broker target revisions (some lower, some higher) leave Street sentiment a “Moderate Buy” consensus — useful context but not a definitive catalyst. Zacks: DASH vs SHOP MarketBeat: Analyst Notes
- Negative Sentiment: Heavy insider selling: CEO Tony Xu sold 16,667 shares (leaving a very small reported stake), COO Prabir Adarkar sold 30,000 shares, and CFO Ravi Inukonda sold 1,425 shares in recent days. Large officer sales — especially when clustered — often prompt investor concern about valuation or near‑term outlook and are likely the main driver of today’s weakness. SEC filings: CEO Read More., COO Read More., CFO Read More.. InsiderTrades alert
- Negative Sentiment: Seeking Alpha published a downgrade/valuation critique calling DoorDash “back to extreme overvaluation,” which can amplify selling pressure from value‑focused funds and traders. Seeking Alpha: Downgrade
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Saudi Central Bank purchased a new stake in DoorDash during the first quarter valued at about $25,000. WPG Advisers LLC bought a new position in shares of DoorDash during the 1st quarter valued at about $26,000. Physician Wealth Advisors Inc. raised its holdings in shares of DoorDash by 284.0% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 96 shares of the company’s stock valued at $26,000 after buying an additional 71 shares in the last quarter. Pacific Center for Financial Services purchased a new position in shares of DoorDash during the 1st quarter valued at about $27,000. Finally, GFG Capital LLC bought a new stake in DoorDash in the 2nd quarter worth approximately $30,000. 90.64% of the stock is currently owned by hedge funds and other institutional investors.
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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