DoorDash Inc’s filing revealed that its Director Fang Andy unloaded Company’s shares for reported $8.73 million on Nov 14 ’24. In the deal valued at $174.66 per share,50,000 shares were sold. As a result of this transaction, Fang Andy 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, Fang Andy sold 50,000 shares, generating $8,512,831 in total proceeds. Upon selling the shares at $170.26, the Director now owns 0 shares.
Before that, Brown Shona L sold 5,000 shares. DoorDash Inc shares valued at $875,000 were divested by the Director at a price of $175.00 per share. As a result of the transaction, Brown Shona L now holds 55,186 shares, worth roughly $9.53 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 1.95% to $172.73. Over the last five days, the stock has lost -1.27%. DoorDash Inc shares have risen nearly 74.67% since the year began. Nevertheless, the stocks have risen 81.65% over the past one year. While a 52-week high of $178.16 was reached on 11/13/24, a 52-week low of $92.56 was recorded on 01/04/24. SMA at 50 days reached $149.97, while 200 days put it at $128.06.
Levels Of Support And Resistance For DASH Stock
The 24-hour chart illustrates a support level at 169.47, which if violated will result in even more drops to 166.20. On the upside, there is a resistance level at 175.28. A further resistance level may holdings at 177.82. The Relative Strength Index (RSI) on the 14-day chart is 70.97, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.91, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.97%. Stochastics %K at 76.16% indicates the stock is a holding.
How much short interest is there in DoorDash Inc?
A steep rise in short interest was recorded in DoorDash Inc stocks on 2024-10-31, dropping by -1.42 million shares to a total of 11.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 12.61 million shares. There was a decline of -12.68%, which implies that there is a negative 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.
