Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. DoorDash Inc shares valued at $965,450 were purchased by SHONA L. BROWN LIVING TRUST U/ on Feb 12 ’25. At $193.09 per share, SHONA L. BROWN LIVING TRUST U/ acquired 5,000 shares.
Also, Tang Stanley sold 50,000 shares, netting a total of over 9,536,062 in proceeds. Following the sale of shares at $190.72 each, the insider now holds 0 shares.
Before that, Inukonda Ravi had sold 1,425 shares from its account. In a trade valued at $261,060, the CHIEF FINANCIAL OFFICER traded DoorDash Inc shares for $183.20 each. Upon closing the transaction, the insider’s holdings decreased to 1,425 shares, worth approximately $75.47 million.
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 4.68%. Over the course of the year, DoorDash Inc shares have jumped approximately 22.59%. Shares of the company reached a 52-week high of $206.00 on 02/13/25 and a 52-week low of $166.41 on 01/13/25. A 50-day SMA is recorded $178.94, while a 200-day SMA reached $142.47. Nevertheless, trading volume fell to 5.57 million shares from 9.99 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 198.84, which, if violated, would cause prices to drop to 192.04. In the upper region, resistance lies at 209.22. The next price resistance is at 212.80. RSI (Relative Strength Index) is 78.87 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.32, which suggests the price will increase in the coming days. Percent R is at 1.20%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
