Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. DoorDash Inc shares valued at $12,717,348 were sold by Xu Tony on Nov 04 ’24. At $156.52 per share, Xu Tony sold 81,249 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
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
Also, Xu Tony sold 19,635 shares, netting a total of over 3,142,444 in proceeds. Following the sale of shares at $160.04 each, the insider now holds 0 shares.
Before that, Xu Tony had sold 7,448 shares from its account. In a trade valued at $1,214,865, the CHIEF EXECUTIVE OFFICER traded DoorDash Inc shares for $163.11 each. Upon closing the transaction, the insider’s holdings decreased to 7,448 shares, worth approximately $0.0.
As published in a research note from Keefe Bruyette on September 25, 2024, DoorDash Inc [DASH] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $177. As of September 19, 2024, BTIG Research has increased its “Neutral” rating to a “Buy” for DASH. Earlier on September 05, 2024, Cantor Fitzgerald initiated its rating. Their recommendation was “an Overweight” for DASH stock.
Analyzing DASH Stock Performance
During the last five days, there has been a surge of approximately 8.86%. Over the course of the year, DoorDash Inc shares have jumped approximately 72.50%. Shares of the company reached a 52-week high of $171.20 on 11/07/24 and a 52-week low of $93.33 on 01/04/24. A 50-day SMA is recorded $143.28, while a 200-day SMA reached $125.75. Nevertheless, trading volume fell to 3.15 million shares from 5.28 million shares the previous day.
Support And Resistance Levels for DoorDash Inc (DASH)
According to the 24-hour chart, there is a support level at 168.42, which, if violated, would cause prices to drop to 166.25. In the upper region, resistance lies at 171.98. The next price resistance is at 173.37. RSI (Relative Strength Index) is 85.40 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 9.67, which suggests the price will increase in the coming days. Percent R is at 2.91%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
