The purchase involved 4,070 shares of DoorDash stock, valued at approximately $259,000. In related news, Director Andy Fang executed a transaction where he sold 67,000 shares of DoorDash stock on June 22nd. Furthermore, CEO Tony Xu also sold 132,300 shares of DoorDash stock on July 17th at an average price of $84.56 per share. In fact, over the past ninety days alone, insiders have collectively sold 932,697 shares of DoorDash stock worth an impressive $74,7047K(RM). Analysts Mizuho rated Dash as “neutral,” raising their target price from $75 to $85 while Wedbush also rated it as “neutral,” increasing their price target from $75 to $85 on August 3rd.

Source: New York Times September 14, 2023 21:14 UTC