Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. DoorDash Inc shares valued at $261,060 were sold by Inukonda Ravi on Jan 24 ’25. At $183.20 per share, Inukonda Ravi sold 1,425 shares. The insider’s holdings dropped to 366,993 shares worth approximately $68.18 million following the completion of this transaction.
Also, Adarkar Prabir sold 20,000 shares, netting a total of over 3,616,676 in proceeds. Following the sale of shares at $180.83 each, the insider now holds 925,222 shares.
Before that, RAVI INUKONDA had added 2,850 shares to its account. In a trade valued at $521,920, the Officer bought DoorDash Inc shares for $183.13 each.
As published in a research note from Argus on December 20, 2024, DoorDash Inc [DASH] has been rated up from a Hold to a Buy. Analysts at Keefe Bruyette upgraded the stock from ‘”a Mkt perform”‘ to ‘”an Outperform”‘ outlook in a report released in late September. Earlier on September 19, 2024, BTIG Research upgraded its rating. Their new recommendation was “a Buy” for DASH stock which previously was a “a Neutral”.
Analyzing DASH Stock Performance
During the last five days, there has been a surge of approximately 4.56%. Over the course of the year, DoorDash Inc shares have jumped approximately 10.75%. Shares of the company reached a 52-week high of $186.79 on 01/29/25 and a 52-week low of $166.41 on 01/13/25. A 50-day SMA is recorded $174.72, while a 200-day SMA reached $138.94. Nevertheless, trading volume fell to 2.41 million shares from 2.64 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 184.26, which, if violated, would cause prices to drop to 182.75. In the upper region, resistance lies at 187.04. The next price resistance is at 188.30. RSI (Relative Strength Index) is 67.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.60, which suggests the price will increase in the coming days. Percent R is at 4.93%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
