DoorDash director Brown sells $206k in shares

Published 29/07/2025, 21:24
© Reuters

Director of DoorDash (NASDAQ:DASH), Shona L. Brown, sold 825 shares of Class A Common Stock on July 25, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as DoorDash shares trade near their 52-week high of $250.71, having delivered an impressive 132% return over the past year. According to InvestingPro analysis, the stock currently appears overvalued.

The shares were sold at a price of $250.0, for a total transaction value of $206250.

Following the transaction, Brown directly owns 43477 shares of DoorDash, Inc. Some of these securities are represented by restricted stock units.

The sale was executed under a Rule 10b5-1 trading plan adopted on March 7, 2025. The filing was signed by Christina Whittaker, by power of attorney, on July 29, 2025.

In other recent news, DoorDash has seen several analysts raise their price targets ahead of its upcoming second-quarter earnings report. Truist Securities increased its price target from $230 to $272, citing expectations that DoorDash will surpass earnings expectations based on their analysis of growth in gross order value. Raymond (NSE:RYMD) James also raised its target to $275 from $260, highlighting the company’s growing advertising revenue, which has reached a $1 billion run-rate, with projections of reaching $3 billion by 2027. Bernstein adjusted its price target to $265 from $210, confident in DoorDash’s strong fundamentals and expecting positive revisions to sell-side numbers. Benchmark raised its target to $260 from $225, anticipating gross order value and adjusted EBITDA at the high end of guidance. Additionally, Loop Capital set a new price target of $305, up from $235, viewing DoorDash as a key player in local commerce with significant growth potential.

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