DoorDash director Lin Alfred buys $100m in shares

Published 29/11/2025, 01:08
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Director Lin Alfred reported purchasing shares of DoorDash, Inc. NASDAQ:DASH, worth approximately $100.3 million. On November 25 and 26, 2025, Alfred acquired 401,439 shares of Class A Common Stock. The food delivery giant, currently valued at $85.5 billion, has seen its shares rise 18.25% year-to-date despite recent volatility. InvestingPro analysis indicates the stock is currently trading slightly above its Fair Value.

The purchases were made at prices ranging from $188.0764 to $199.826. The shares are indirectly owned through SC US/E Expansion Fund I Management, L.P., Sequoia Capital Fund, LP and Sequoia Capital Fund Parallel, LLC. Alfred’s investment comes as DoorDash maintains strong financial health with a current ratio of 2.04 and more cash than debt on its balance sheet. According to InvestingPro, analysts expect sales growth of 28% this year, with 5 analysts recently revising earnings estimates upward. Discover comprehensive insights in DoorDash’s Pro Research Report, available among 1,400+ detailed company analyses on InvestingPro.

In other recent news, DoorDash Inc. has been in the spotlight with several key developments. The company experienced a security breach due to a social engineering attack, compromising personal information of customers, drivers, and merchants. Despite this, Cantor Fitzgerald maintained its Overweight rating for DoorDash, keeping a price target of $270.00. Meanwhile, Citizens reiterated its Market Outperform rating, noting an 18% year-over-year growth in new merchants joining DoorDash’s platform. KeyBanc Capital Markets also maintained its Overweight rating, addressing investor confusion about DoorDash’s investment messaging.

In another significant move, DoorDash has partnered with TKO Group Holdings to become the official on-demand delivery partner for WWE and UFC. This partnership will enhance DoorDash’s visibility across various events and digital platforms associated with WWE and UFC. Additionally, Jefferies upgraded DoorDash from Hold to Buy, increasing its price target to $260.00, citing attractive growth prospects despite a recent decline in share price. These developments highlight the dynamic environment DoorDash is navigating, with a mix of challenges and strategic opportunities.

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