On October 14, 2024, Shona Brown, a Director at DoorDash Inc (DASH, Financial), sold 5,000 shares of the company at a price of $150 per share. The transaction was documented in an SEC Filing dated October 16, 2024. Following this transaction, the insider now owns 60,186 shares of DoorDash Inc.
DoorDash Inc operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. The platform facilitates the delivery of food items, groceries, and other products.
Over the past year, Shona Brown has sold a total of 16,626 shares of DoorDash Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 106 insider sells and no insider buys over the past year.
The shares of DoorDash Inc were trading at $150 on the day of the sale, giving the company a market cap of approximately $61.67 billion. According to the GF Value, the intrinsic value of the stock is estimated at $117.37, indicating that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.28.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company’s past performance and expected future business outcomes.
This insider sale might be of interest to investors tracking insider behaviors as an indicator of the company’s future performance and valuation adjustments.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
