DoorDash Inc’s recently made public that its Officer PRABIR ADARKAR acquired Company’s shares for reported $15.52 million on Mar 28 ’25. In the deal valued at $194.02 per share,80,000 shares were bought.
Then, Inukonda Ravi sold 14,715 shares, generating $2,891,746 in total proceeds. Upon selling the shares at $196.52, the CHIEF FINANCIAL OFFICER now owns 338,055 shares.
Before that, RAVI INUKONDA bought 17,565 shares. DoorDash Inc shares valued at $3,348,240 were divested by the Officer at a price of $190.62 per share.
FBN Securities initiated its DoorDash Inc [DASH] rating to an Outperform in a research note published on March 28, 2025; the price target was $230. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. Keefe Bruyette also remained covering DASH and has increased its forecast on September 25, 2024 with a “an Outperform” recommendation from previously “Mkt perform” rating.
Price Performance Review of DASH
On Monday, DoorDash Inc [NASDAQ:DASH] saw its stock jump 0.09% to $182.77. Over the last five days, the stock has lost -8.15%. DoorDash Inc shares have risen nearly 8.95% since the year began. Nevertheless, the stocks have risen 31.60% 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 $191.39, while 200 days put it at $154.52.
Levels Of Support And Resistance For DASH Stock
The 24-hour chart illustrates a support level at 176.67, which if violated will result in even more drops to 170.58. On the upside, there is a resistance level at 186.06. A further resistance level may holdings at 189.36. The Relative Strength Index (RSI) on the 14-day chart is 43.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.23%. Stochastics %K at 45.61% 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 2025-03-14, growing by 3.83 million shares to a total of 13.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 9.58 million shares. There was a rise of 28.58%, which implies that there is a positive sentiment for the stock.
