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In a recent transaction, DoorDash, Inc. (NYSE:NASDAQ:DASH) Director Stanley Tang sold 1,042 shares of the company’s Class A Common Stock. The company’s stock has shown remarkable momentum, delivering an 83% return over the past year and currently trading near its 52-week high of $215.25. The shares were sold on May 20, 2025, at an average price of $199.899 per share, amounting to a total transaction value of $208,294.
The sale was conducted to cover tax obligations related to the vesting of restricted stock units (RSUs), as noted in the filing. Following this transaction, Tang holds 26,070 shares of DoorDash stock, some of which are represented by RSUs.
In other recent news, DoorDash Inc. has made several strategic moves and announcements. The company has terminated its voice-ordering product pilot, which was initially aimed at enhancing restaurant client services through artificial intelligence. This decision was confirmed after the pizza chain Donatos switched to a new vendor, citing DoorDash’s decision to discontinue the automated ordering features. Meanwhile, DoorDash has launched its Preferred Integrations Partner Program, which aims to streamline restaurant operations by partnering with top technology providers like Otter. This initiative is designed to improve delivery performance and revenue growth for restaurants globally.
On the acquisition front, DoorDash has announced plans to acquire Deliveroo (OTC:DROOF) for approximately £2.9 billion and SevenRooms for $1.2 billion. These acquisitions are expected to expand DoorDash’s market presence in Europe and the Middle East and enhance its service offerings with advanced consumer intelligence tools. Analysts have responded to these developments with mixed reactions. BMO Capital Markets reduced its price target for DoorDash to $238 but maintained an Outperform rating, praising the potential scale opportunities from the Deliveroo acquisition. Similarly, Benchmark raised its price target to $225, citing DoorDash’s focus on affordability and international market exposure as positive factors.
RBC Capital Markets also maintained an Outperform rating with a price target of $230, acknowledging DoorDash’s strong order growth and potential for increased profitability. However, the firm noted that recent results were slightly below some buy-side expectations. These developments reflect DoorDash’s strategic efforts to navigate the competitive landscape of food delivery and related technology services.
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