Keith Yandell, Chief Operating Officer of DoorDash Inc (NASDAQ:DASH), sold 12,088 shares of the company’s stock on June 05, 2024. The transaction was reported in a recent SEC filing. With this sale, the insider now owns 161,651 shares of DoorDash Inc stock.
DoorDash Inc operates a logistics platform that connects merchants, consumers, and delivery people in the United States and internationally. The platform empowers local businesses by offering delivery and other services, helping them attract new customers, increase sales, and grow their business.
Over the past year, Keith Yandell has sold a total of 79,842 shares of DoorDash Inc stock but hasn’t bought any shares. This recent transaction is part of a broader trend which has seen 104 insider sales and 0 insider purchases of DoorDash Inc in the past year.
DoorDash Inc shares were trading at $111.84 on the day of the transaction. The company’s market capitalization is approximately $46.32 billion. According to GF Value, the company’s stock is fairly valued, with a price to GF Value ratio of 0.99.
The GF Value of $112.63 is derived from historical multiples such as price-to-earnings, price-to-sales, price-to-book and price-to-free cash flow, as well as adjustments based on historical earnings and growth, and analysts’ forecasts of future performance.
This article written by GuruFocus is intended to provide general insights and is not tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment guidance. It is not a recommendation to buy or sell stocks, nor does it take into account individual investment objectives or financial situation. Our objective is to provide long-term, fundamental data-driven analysis. Please note that our analysis may not incorporate the latest price-sensitive company announcements or qualitative information. GuruFocus has no position in the stocks mentioned herein.
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