DoorDash Inc’s filing revealed that its CHIEF EXECUTIVE OFFICER Xu Tony unloaded Company’s shares for reported $12.01 million on Oct 15 ’24. In the deal valued at $147.87 per share,81,249 shares were sold. As a result of this transaction, Xu Tony now holds 0 shares worth roughly $0.0.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Adarkar Prabir sold 32,124 shares, generating $4,754,053 in total proceeds. Upon selling the shares at $147.99, the PRESIDENT AND COO now owns 963,094 shares.
Before that, Adarkar Prabir sold 7,876 shares. DoorDash Inc shares valued at $1,181,400 were divested by the PRESIDENT AND COO at a price of $150.00 per share. As a result of the transaction, Adarkar Prabir now holds 963,094 shares, worth roughly $147.25 million.
Keefe Bruyette upgraded its DoorDash Inc [DASH] rating to an Outperform from a a Mkt perform in a research note published recently. BTIG Research also remained covering DASH and has increased its forecast on September 19, 2024 with a “Buy” recommendation from previously “Neutral” rating. Cantor Fitzgerald started covering the stock on September 05, 2024. It rated DASH as “an Overweight”.
Price Performance Review of DASH
On Monday, DoorDash Inc [NASDAQ:DASH] saw its stock jump 0.60% to $152.89. Over the last five days, the stock has gained 1.91%. DoorDash Inc shares have risen nearly 54.61% since the year began. Nevertheless, the stocks have risen 108.38% over the past one year. While a 52-week high of $152.52 was reached on 10/21/24, a 52-week low of $69.90 was recorded on 01/04/24. SMA at 50 days reached $135.74, while 200 days put it at $122.26.
Levels Of Support And Resistance For DASH Stock
The 24-hour chart illustrates a support level at 151.43, which if violated will result in even more drops to 149.97. On the upside, there is a resistance level at 153.62. A further resistance level may holdings at 154.35. The Relative Strength Index (RSI) on the 14-day chart is 74.84, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.12, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.00%. Stochastics %K at 96.44% indicates the stock is a selling.
How much short interest is there in DoorDash Inc?
A steep rise in short interest was recorded in DoorDash Inc stocks on 2024-09-30, growing by 0.88 million shares to a total of 12.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 11.73 million shares. There was a rise of 6.97%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 26, 2024 when Redburn Atlantic began covering the stock and recommended ‘”a Buy”‘ rating along with a $170 price target.
