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Ashley Still, a Director at DoorDash (NASDAQ:DASH), sold 2,495 shares of Class A Common Stock on June 23, 2025, for $225.0, totaling $561,375. The transaction comes as DoorDash shares trade near their 52-week high of $237.42, having delivered an impressive 110% return over the past year. According to InvestingPro analysis, the stock appears overvalued at current levels.
According to a Form 4 filing with the Securities and Exchange Commission, Still also acquired 1,164 shares of Class A Common Stock on June 24, 2025. The shares were acquired at no cost.
Following the sale and acquisition, Still directly owns 2,729 shares of DoorDash, Inc. Also, Still indirectly owns 3,849 shares through The Still Family Trust.
The sale was executed under a Rule 10b5-1 trading plan adopted on November 25, 2024.
In other recent news, DoorDash has been the focus of several significant developments. Raymond (NSE:RYMD) James upgraded DoorDash’s stock rating from Outperform to Strong Buy, highlighting the potential synergies from its acquisition of Deliveroo (OTC:DROOF). The firm predicts notable EBITDA growth in the coming years, driven by these synergies, advertising emphasis, and autonomous delivery advancements. Meanwhile, JMP Securities maintained its Market Outperform rating, emphasizing the untapped potential of DoorDash’s first-party data for advertising revenue growth. Citizens JMP also raised its price target for DoorDash to $235, citing the launch of new AI-powered advertising tools and the acquisition of Symbiosys. Additionally, BofA Securities increased its price target to $245, following significant updates to DoorDash’s advertising platform, which includes AI-customized campaigns and enhanced reporting tools. In a related development, Coco Robotics, a startup collaborating with DoorDash for robotic deliveries, secured $80 million in funding, with backing from OpenAI CEO Sam Altman. Coco Robotics plans to use this investment to expand its fleet of delivery robots in urban areas.
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