DoorDash Inc’s recent filing unveils that its Director Still Ashley unloaded Company’s shares for reported $12102.0 on Mar 04 ’25. In the deal valued at $195.19 per share,62 shares were sold. As a result of this transaction, Still Ashley now holds 8,097 shares worth roughly $1.54 million.
Then, Tang Stanley sold 215,067 shares, generating $43,194,220 in total proceeds. Upon selling the shares at $200.84, the Director now owns 0 shares.
Before that, Tang Stanley sold 48,423 shares. DoorDash Inc shares valued at $9,715,276 were divested by the Director at a price of $200.63 per share. As a result of the transaction, Tang Stanley now holds 18,285 shares, worth roughly $3.47 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 jump 3.47% to $189.86. Over the last five days, the stock has gained 6.75%. DoorDash Inc shares have risen nearly 13.18% since the year began. Nevertheless, the stocks have risen 43.38% over the past one year. While a 52-week high of $215.24 was reached on 02/18/25, a 52-week low of $99.32 was recorded on 01/13/25. SMA at 50 days reached $187.46, while 200 days put it at $150.55.
Levels Of Support And Resistance For DASH Stock
The 24-hour chart illustrates a support level at 184.65, which if violated will result in even more drops to 179.45. On the upside, there is a resistance level at 193.39. A further resistance level may holdings at 196.93. The Relative Strength Index (RSI) on the 14-day chart is 50.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.56%. Stochastics %K at 40.63% 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 2025-02-28, dropping by -0.67 million shares to a total of 10.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.68 million shares. There was a decline of -6.73%, which implies that there is a negative 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.
