Doordash’s Yandell sells $4.3m in shares

Published 04/09/2025, 21:28
Doordash’s Yandell sells $4.3m in shares

Chief Business Officer of DoorDash (NASDAQ:DASH), Keith Yandell, sold 17,034 shares of Class A Common Stock on September 2, 2025, in multiple transactions. The sale comes as DoorDash’s stock has shown remarkable strength, delivering a 98.4% return over the past year and reaching a current market capitalization of $104.77 billion. The sales were executed at prices ranging from $238.32 to $244.58, netting a total of $4,385,192.

The transactions, were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 6, 2024. Following these transactions, Yandell directly owns 75,432 shares of DoorDash.

In other recent news, DoorDash has been active with several significant developments. The company is undergoing a $3.9 billion acquisition of Deliveroo, which is currently under review by the European Union using its simplified merger procedure. In terms of earnings and revenue, analysts at JMP have reiterated a Market Outperform rating for DoorDash, maintaining a price target of $335.00. The analysts highlighted the potential benefits of autonomous delivery technology on DoorDash’s operations.

Moreover, DoorDash has entered into a multi-year partnership with Ace Pickleball Club to provide on-demand delivery services at club locations across the United States. This partnership designates DoorDash as the "Official On-Demand Delivery & Pickup Platform" for the club. Additionally, DoorDash has launched a new online ordering system in collaboration with McDonald’s, allowing customers to order delivery directly through McDonald’s website. This system, which does not require app downloads or logins, leverages DoorDash’s delivery network for fulfillment.

In another strategic move, DoorDash is expanding its partnership with RELEX Solutions to enhance inventory management across its DashMart network. This expansion will deploy additional AI-driven supply chain optimization tools to support growth in on-demand delivery services. These developments reflect DoorDash’s ongoing efforts to enhance its service offerings and operational capabilities.

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