On November 11, 2024, Shona Brown, Director at DoorDash Inc (DASH, Financial), executed a sale of 5,000 shares of the company. The transaction was filed on November 13, 2024, as reported in the SEC Filing. Following this transaction, the insider now owns 55,186 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 goods and services locally with a focus on restaurant meal delivery.
Over the past year, Shona Brown has sold a total of 20,926 shares of DoorDash Inc and has not made any purchases of the stock. This recent sale is part of a broader trend seen within the company, where there have been 106 insider sells and no insider buys over the past year.
Shares of DoorDash Inc were priced at $175 on the day of the sale. The company's market cap is approximately $73.01 billion. According to the GF Value, the intrinsic value estimate for DoorDash Inc is $117.46 per share, making the stock Significantly Overvalued with a price-to-GF-Value ratio of 1.49.
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 estimated future business outcomes.
This insider sale could be of interest to investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation and market trends.
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.
