DoorDash Inc’s recently made public that its Director Tang Stanley unloaded Company’s shares for reported $9.54 million on Feb 03 ’25. In the deal valued at $190.72 per share,50,000 shares were sold. As a result of this transaction, Tang Stanley now holds 0 shares worth roughly $0.0.
Then, Inukonda Ravi sold 1,425 shares, generating $261,060 in total proceeds. Upon selling the shares at $183.20, the CHIEF FINANCIAL OFFICER now owns 366,993 shares.
Before that, Adarkar Prabir sold 20,000 shares. DoorDash Inc shares valued at $3,616,676 were divested by the PRESIDENT AND COO at a price of $180.83 per share. As a result of the transaction, Adarkar Prabir now holds 925,222 shares, worth roughly $178.23 million.
Argus upgraded its DoorDash Inc [DASH] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in late September from “a Mkt perform” to “an Outperform”. BTIG Research revised its rating on September 19, 2024. It rated DASH as “a Buy” which previously was an “a Neutral”.
Price Performance Review of DASH
On Monday, DoorDash Inc [NASDAQ:DASH] saw its stock fall -1.49% to $192.63. Over the last five days, the stock has gained 0.96%. DoorDash Inc shares have risen nearly 14.83% since the year began. Nevertheless, the stocks have risen 68.49% over the past one year. While a 52-week high of $199.17 was reached on 02/07/25, a 52-week low of $99.32 was recorded on 01/13/25. SMA at 50 days reached $177.71, while 200 days put it at $141.40.
Levels Of Support And Resistance For DASH Stock
The 24-hour chart illustrates a support level at 190.45, which if violated will result in even more drops to 188.27. On the upside, there is a resistance level at 196.75. A further resistance level may holdings at 200.87. The Relative Strength Index (RSI) on the 14-day chart is 67.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.28, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 27.69%. Stochastics %K at 85.16% 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 2025-01-15, growing by 0.29 million shares to a total of 10.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 10.26 million shares. There was a rise of 2.7%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 05, 2024 when Cantor Fitzgerald began covering the stock and recommended ‘”an Overweight”‘ rating along with a $160 price target.
